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Kenya

Kenya

Political and economic situation

Although Kenya is the strongest and most advanced economy in East and Central Africa, it ranks comparably low in the Human Development Index (147 out of 187). In 2012, 43% of Kenyans lived below the poverty line. Economic productivity is still closely tied to the agricultural sector, which employs 75% of Kenya’s workforce and contributes 24% of the country’s GDP. Agricultural products such as tea, coffee, flowers and fish account for 65% of the country’s export revenue. The horticultural industry is growing by 20% annually. Other sectors that are performing strongly include tourism, production, transportation and communication. Kenya is also the regional hub for financial services. In 2014, Kenya recorded a sharp increase in foreign direct investment, which climbed from USD 372m in 2013 to USD 944m.

Kenya is a presidential representative democratic republic consisting of eight administrative regions. Kenya’s military entered Somalia in October 2011 to curb the threat of the Islamist militant Al-Shabab movement. Since 2013 Al-Shabab has launched a series of attacks in Kenya that had a significant impact on the tourism sector, prompting the downgrade of positive economic forecasts for the country.

The national currency is the Kenyan Shilling (exchange rates at 31 Aug. 2015: USD 1 = KES 103.83, EUR 1 = 116.49).

 

kenya-administrative-map

Source: Nations Online Project

 

Header image by Ninara, licensed under CC BY 2.0

Key figures

Available statistics:
Capital
Nairobi
Official languages
English, Swahili
Population (2018)
51,393,010
Compound Annual (GDP) Growth Rate, (2011-2018), %
6.3
Population growth (2018), %
2.3
GNI per capita (2015), USD (current rate)
3,430
Urban Population (2018), %
27
Rural population (2018), % of total
73
Population Density (2018), KM2
90.3
Ease of Doing Business Index (2018)
61 (of 190)
Median age of population (2018est.), years
19
National currency
Kenyan Shilling
Inflation (2018)
5.7
Inflation Rate Forecast (2020)
5.8
Foreign Direct Investment, Net Flows, BOP Current USD (2017)
671,488,392
Net Official Development Assistance USD millions (2017)
2,475
Budget Deficit (2018), %
6.7
TI Corruption Index
144 (of 180)
Installed generating capacity (2016), MW
2,400
Installed fossil fuel capacity (2016), MW
792
Hydro capacity (2017), MW
816
Other RE capacity (2017), MW
790
Renewable electricity output (2016), % of total electricity output excl. hydroelectric
48.3
Planned short-term expansion, 2013-2016, MW
5,000
Average distribution and transmission losses (2014), % of output
17.6
Net electricity imports (2016), GWh
184
Peak demand (2018), MW
1,832
Per capita electricity consumption (2012), kWh
157.3
Electrification rate, total (2017), %
63.8
Electrification rate, urban (2017), %
81
Electrification rate, rural (2012), %
57.6
Per Capita Electricity Consumption (KWH, 2016)
160
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