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Kenya GDP

Kenya's GDP rose to $124.5 billion in 2024, up from $108.04 billion in 2023, according to World Bank. This represents an increase of 15.2% ($16.46 billion) from the previous year and accounts for 0.11% of the world's total GDP. Kenya has GDP higher than the global median ($124.50 billion vs median $35.85 billion). Compared with the median in Africa, Kenya is higher ($124.50 billion vs regional median $20.75 billion) and ranks 7th out of 52 countries in Africa.

Kenya's GDP per capita rose to $1,853.09 in 2024, up from $1,808.4 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 124.5
2023 108.04
2022 114.45
2021 109.7
2020 100.66
2019 100.38
2018 92.2
2017 82.04
2016 74.82
2015 70.12
2014 68.29
2013 61.67
2012 56.4
2011 46.87
2010 45.41
2009 42.35
2008 35.9
2007 31.96
2006 25.83
2005 18.74
2004 16.1
2003 14.9
2002 13.15
2001 12.99
2000 12.71
1999 12.9
1998 14.09
1997 13.12
1996 12.05
1995 9.05
1994 7.15
1993 5.75
1992 8.21
1991 8.15
1990 8.57
1989 8.28
1988 8.36
1987 7.97
1986 7.24
1985 6.14
1984 6.19
1983 5.98
1982 6.43
1981 6.85
1980 7.27
1979 6.23
1978 5.3
1977 4.49
1976 3.47
1975 3.26
1974 2.97
1973 2.51
1972 2.11
1971 1.78
1970 1.6
1969 1.46
1968 1.35
1967 1.23
1966 1.16
1965 1
1964 1
1963 0.93
1962 0.87
1961 0.79
1960 0.79
Kenya GDP : Definition
GDP measures the total value of all goods and services produced in Kenya, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 4.5% 5.56% 2024
GDP Growth Rate (QoQ) 1.2% 0.8% Jun'25
GDP Growth Rate (YoY) 5% 4.9% Jun'25
GDP per Capita $1,853.09 $1,808.4 2024
GDP per Capita PPP $5,823.41 $5,682.99 2024
R&D Expenditure (% GDP) 0.81% 0.41% 2023
Real GDP $104.58B $100.08B 2024