World Factbook

Kenya

Republic of Kenya (English)/ Jamhuri ya Kenya (Swahili)

Last updated: 2026-03-28 (today)

Budget

note

note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated

revenues

$20.202 billion (2023 est.)

expenditures

$30.924 billion (2023 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2021

$11.815 billion (2021 est.)

Exports 2022

$13.954 billion (2022 est.)

Exports 2023

$12.626 billion (2023 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2021

$22.001 billion (2021 est.)

Imports 2022

$24.606 billion (2022 est.)

Imports 2023

$22.046 billion (2023 est.)

Industries

agriculture, transportation, services, manufacturing, construction, telecommunications, tourism, retail

Labor force

23.781 million (2024 est.)

note: number of people ages 15 or older who are employed or seeking work

Public debt

Public debt 2016

53.2% of GDP (2016 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2021

3.4% of GDP (2021 est.)

Remittances 2022

3.5% of GDP (2022 est.)

Remittances 2023

3.9% of GDP (2023 est.)

Exchange rates

Currency

Kenyan shillings (KES) per US dollar -

Exchange rates 2020

106.451 (2020 est.)

Exchange rates 2021

109.638 (2021 est.)

Exchange rates 2022

117.866 (2022 est.)

Exchange rates 2023

139.846 (2023 est.)

Exchange rates 2024

134.822 (2024 est.)

Debt - external

note

note: present value of external debt in current US dollars

Debt - external 2023

$31.451 billion (2023 est.)

Economic overview

fast growing, third largest Sub-Saharan economy; strong agriculture sector with emerging services and tourism industries; IMF program to address current account and debt service challenges; business-friendly policies foster infrastructure investment, digital innovation and public-private partnerships; vulnerable to climate change-induced droughts

Unemployment rate

note

note: % of labor force seeking employment

Unemployment rate 2022

5.8% (2022 est.)

Unemployment rate 2023

5.6% (2023 est.)

Unemployment rate 2024

5.5% (2024 est.)

Exports - partners

Uganda 10%, USA 10%, UAE 8%, Netherlands 8%, Pakistan 6% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

China 22%, UAE 14%, India 10%, Saudi Arabia 5%, Malaysia 4% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$5,500 (2022 est.)

Real GDP per capita 2023

$5,700 (2023 est.)

Real GDP per capita 2024

$5,800 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

4.9% (2022 est.)

Real GDP growth rate 2023

5.6% (2023 est.)

Real GDP growth rate 2024

4.5% (2024 est.)

Agricultural products

sugarcane, milk, maize, bananas, tea, potatoes, cassava, cabbages, camel milk, mangoes/guavas (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

tea, cut flowers, garments, gold, tropical fruits (2023)

note: top five export commodities based on value in dollars

Imports - commodities

refined petroleum, palm oil, wheat, plastics, garments (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2021

-$5.597 billion (2021 est.)

Current account balance 2022

-$5.889 billion (2022 est.)

Current account balance 2023

-$4.317 billion (2023 est.)

Taxes and other revenues

14% (of GDP) (2023 est.)

note: central government tax revenue as a % of GDP

GDP (official exchange rate)

$124.499 billion (2024 est.)

note: data in current dollars at official exchange rate

GDP - composition, by end use

note

note: figures may not total 100% due to rounding or gaps in data collection

household consumption

75.5% (2024 est.)

government consumption

11.5% (2024 est.)

investment in inventories

-0.9% (2024 est.)

investment in fixed capital

17.7% (2024 est.)

exports of goods and services

11.1% (2024 est.)

imports of goods and services

-19.2% (2024 est.)

Population below poverty line

38.6% (2021 est.)

note: % of population with income below national poverty line

Average household expenditures

on food

42.1% of household expenditures (2023 est.)

on alcohol and tobacco

3.5% of household expenditures (2023 est.)

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2022

7.7% (2022 est.)

Inflation rate (consumer prices) 2023

7.7% (2023 est.)

Inflation rate (consumer prices) 2024

4.5% (2024 est.)

Industrial production growth rate

0.2% (2024 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$297.938 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$314.491 billion (2023 est.)

Real GDP (purchasing power parity) 2024

$328.632 billion (2024 est.)

Youth unemployment rate (ages 15-24)

male

8.3% (2024 est.)

note

note: % of labor force ages 15-24 seeking employment

total

11.9% (2024 est.)

female

16% (2024 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2022

$7.969 billion (2022 est.)

Reserves of foreign exchange and gold 2023

$7.342 billion (2023 est.)

Reserves of foreign exchange and gold 2024

$10.067 billion (2024 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

16.1% (2024 est.)

services

55.9% (2024 est.)

agriculture

21.3% (2024 est.)

Household income or consumption by percentage share

note

note: % share of income accruing to lowest and highest 10% of population

lowest 10%

2.9% (2021 est.)

highest 10%

31.8% (2021 est.)

Gini Index coefficient - distribution of family income

note

note: index (0-100) of income distribution; higher values represent greater inequality

Gini Index coefficient - distribution of family income 2021

38.7 (2021 est.)