Kenya - BNP årlig vekstrate

The economy of Kenya advanced 5.6 percent year-on-year in the second quarter of 2019, the same pace as in the previous period, mainly due to continued slowdown in agriculture (4.1% vs 5.2% in Q1) and electricity & water supply (5.6% vs 6.1%), as a result of delayed long rains. Meanwhile, notable growth was recorded in information & communication (11.6% vs 10.5%); accommodation & food services (10.6% vs 10.1%); finance & insurance (6.7% vs 5%); professional, admin and support services (7.6% vs 4.8%); construction (7.2% vs 5.6%), amid ongoing public infrastructure projects especially the construction of roads and phase two of the Standard Gauge Railway; wholesale & retail trade (5.8% vs 5.5%) and mining (5.7% vs 2.2%). Also, output increased slightly faster for manufacturing (4.2% vs 3.2%); transport & storage (7.2% vs 6.7%) and real estate activities (5.4% vs 4.2%).

Kenya's economy grew 5.6 percent year-on-year in the first quarter of 2019, slowing from a 6.5 percent expansion in the same period of the previous year, as dry weather conditions weighed on the farming sector.

The economy of Kenya advanced 5.9 percent year-on-year in the last quarter of 2018 compared to 6.4 percent in the previous period. The slowdown was driven by agriculture (3.9% vs 6.9% in Q3); manufacturing (3.1% vs 4.8%); real estate (1.6% vs 2.5%); wholesale and retail trade (12.1% vs 17.5%) and mining & quarrying (-2.9% vs 0.9%). In contrast, the biggest gains were recorded in accommodation & restaurants (21.3% vs 15.7%); information & communication (11.8% vs 9.8%); transportation & storage (9.3% vs 9%); electricity & water supply (8.7% vs 7.8%); construction (7.3% vs 7%) and finance & insurance (7% vs 5.4%). On a quarterly basis, the GDP grew 1.5 percent, compared to a 1.4 percent rise in Q3 2018. In 2018 as a whole, the GDP expanded a notable 6.3% from 4.9% in 2017, mainly boosted by agriculture (6.4%), manufacturing (4.2%) and transportation (8.8%). It marks the fastest growth since 2010 when the country advanced 8.4 percent.