Markets Actual Q4 Q1 Q2 Q3 2022
Stock Market (points) 1871.31 1862 1839 1815 1792 1747
Currency 112.50 113 113 113 113 114
Government Bond 10y (%) 12.61 12.9 13.2 13.5 13.81 14.45

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 2.01 2 1.7 2.1 1.8 1.8
GDP Annual Growth Rate (%) 10.10 6.4 6.2 5.7 5.8 6
Unemployment Rate (%) 6.60 7.4 7.2 7 7.4 7.2
Inflation Rate (%) 5.80 5.6 6 5.4 5.2 5
Interest Rate (%) 7.00 7 8 8 8 8
Balance of Trade (Million KES) -111608.00 -86500 -110800 -110900 -111600 -113500
Current Account (USD Million) -5707.30 -5100 -4700 -4400 -4700 -4600
Current Account to GDP (% of GDP) -4.80 -5.2 -5.1 -5.1 -5.1 -5.1
Government Debt to GDP (% of GDP) 65.60 69 72 72 72 72
Government Budget (% of GDP) -7.80 -7.5 -5.6 -5.6 -5.6 -5.6
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 2.01 2 1.7 2.1 1.8 1.8
GDP Annual Growth Rate (%) 10.10 6.4 6.2 5.7 5.8 6
GDP (USD Billion) 98.84 100 107 107 107 107
GDP Constant Prices (KES Million) 2333803.00 1430412 2419353 2466830 2469164 2504245
Gross Fixed Capital Formation (KES Million) 2079760.10 1761801 2208705 2198306 2200386 2345637
GDP per capita (USD) 1475.19 1500 1550 1550 1550 1550
GDP per capita PPP (USD) 4220.44 4320 4320 4320 4320 4450
GDP From Agriculture (Million KES) 477505.00 267420 490958 504723 505200 426413
GDP From Construction (Million KES) 132304.00 81452 143365 139845 139978 152410
GDP From Manufacturing (KES Million) 196215.00 136237 211677 207399 207595 225619
GDP From Mining (KES Million) 26642.00 15861 28416 28161 28187 25754
GDP From Public Administration (KES Million) 153347.00 52537 141466 162088 162241 157609
GDP From Services (KES Million) 56969.00 31628 56601 60216 60273 68616
GDP From Transport (KES Million) 220512.00 103788 218953 233081 233302 239187
GDP From Utilities (KES Million) 53986.00 37144 59455 57063 57117 64194

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 6.60 7.4 7.2 7 7.4 7.2
Population (Million) 53.70 51.4 51.4 51.4 51.4 52.6
Minimum Wages (KES/Month) 13572.00 13572 14900 14900 14900 14900

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 5.80 5.6 6 5.4 5.2 5
Consumer Price Index CPI (points) 117.20 233 121 121 122 124
Food Inflation (%) 9.92 9.7 8 7 6 5.2
Producer Prices (points) 107.70 130 111 111 111 112
Producer Prices Change (%) 6.02 5.6 4.7 3 3.5 3
Inflation Rate Mom (%) 0.45 0.4 -0.1 0.4 0.6 0.6

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 7.00 7 8 8 8 8
Interbank Rate (%) 3.10 3.82 4.1 4.1 4.1 4.1
Money Supply M1 (KES Billion) 1770.79 2100 2300 2500 2700 2600
Money Supply M2 (KES Billion) 3408.14 3700 3850 4000 4300 4500
Money Supply M3 (KES Million) 4177661.00 4170000 4000000 3900000 3750000 3700000
Foreign Exchange Reserves (USD Million) 14502.80 14000 13600 14200 13800 14200
Deposit Interest Rate (%) 6.97 8.2 7.97 7.97 7.97 7.97
Central Bank Balance Sheet (KES Million) 1421657.86 1300000 1280000 1265000 1240000 1235000

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (Million KES) -111608.00 -86500 -110800 -110900 -111600 -113500
Current Account (USD Million) -5707.30 -5100 -4700 -4400 -4700 -4600
Current Account to GDP (% of GDP) -4.80 -5.2 -5.1 -5.1 -5.1 -5.1
Imports (million KES) 172950.00 172000 169400 170000 173000 175000
Exports (Million KES) 61343.00 62500 58600 59100 61400 61500
External Debt (KES Billion) 4015.30 4500 4350 4600 4780 4800
Capital Flows (USD Million) -5511.30 -2800 -3100 -3500 -4000 -3800
Remittances (USD Thousand) 337412.55 285000 292000 275000 287000 290000
Gold Reserves (Tonnes) 0.02 0 0 0 0 0
Foreign Direct Investment (KES Million) 55787.00 70000 95000 95000 95000 95000
Terms Of Trade (points) 76.30 70 72 72 72 72
Tourist Arrivals 70300.00 80000 68500 53000 56000 65000

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 65.60 69 72 72 72 72
Government Budget (% of GDP) -7.80 -7.5 -5.6 -5.6 -5.6 -5.6
Government Budget Value (KES million) -931025.00 -465 -1350 -1250 -1350 -1300
Government Spending (KES Million) 1214499.10 856642 1289798 1283726 1284940 1369761
Government Revenues (KES Billion) 662.64 2050 1800 1650 1700 1800
Military Expenditure (USD Million) 1097.00 940 940 940 940 960
Government Debt (KES Billion) 7712.39 8200 8400 8600 8800 8800
Fiscal Expenditure (KES Billion) 856.19 3400 3150 2900 3050 3100

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 16.00 14 14 14 14 14
Social Security Rate (%) 10.00 10 10 10 10 10
Social Security Rate For Companies (%) 5.00 5 5 5 5 5
Social Security Rate For Employees (%) 5.00 5 5 5 5 5

Business Actual Q4 Q1 Q2 Q3 2022
Manufacturing PMI (points) 51.40 51.7 52.3 53 54.2 53.5
Car Production 576.00 630 660 720 780 750
Car Registrations 30579.00 30000 27600 28500 29100 29600
Cement Production (Tonnes) 894361.00 875000 680000 680000 700000 710000
Electricity Production (Gigawatt-hour) 1041.30 1020 1060 1045 1060 1100

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Spending (KES Million) 6406639.50 4184507 6803851 6771818 6778225 7225664
Bank Lending Rate (%) 12.12 13.05 13.12 13.12 13.12 13.12
Gasoline Prices (USD/Liter) 1.21 0.95 1.09 1.04 0.99 0.94
Disposable Personal Income (KES Billion) 9604.30 8595 10200 10152 10161 10832

Housing Actual Q4 Q1 Q2 Q3 2022
Building Permits (KSH Million) 4747.75 7400 9100 9400 10200 10000


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Kenya Forecast - was last updated on Wednesday, December 1, 2021.