Kenya GDP per capita
KNBS chairman Terry Ryan (left) with Planning secretary Anne Waiguru during the launch of the 2014 Economic Survey. Kenya's GDP for 2013 has been revised to $55.2 billion. PHOTO | FILE
Kenya’s annual output of goods and services is about 25 per cent greater than previously thought, revised data from the national statistics bureau shows.
Figures released Tuesday changing the base calculation year to 2009 from 2001 show a larger increase than had been anticipated, pushing the country into the lower ranks of the World Bank’s so-called middle income nations.
The Kenya National Bureau of Statistics findings are the result of more accurate data on key sectors such as property and telecoms.
Economic growth for the year has also been put at 5.7 per cent, up from 4.7 per cent.
“We do not expect (the middle income status) to change very much in the near term, ” says Ms Razia Khan, Standard Chartered’s regional research head for Africa. “This data only confirms the view investors have long held.”
World Bank comparative GDP statistics for 2013 show that, by going up from $41 billion to $55bn, Kenya has overtaken Ghana ($48bn), Tunisia ($47bn) and Ethiopia ($46bn).top no effort business development from home city and vacation report on the city i am in vacation developmental disabilities cannot be cured turn off startup programs windows 10 is fintech safe fintech weekly motion six rocket internet motion today motor work startup companies near me night motion uses of fintech dr leslie rubin developmental pediatrician finding investors in my area fintech uk 2018 entrepreneurs organization entrepreneur today what is a motion entrepreneur work inspiring quotes success development type vacations by rail switzerland inspirational quotes about life about business development all about development be in the city startup party the city people define entrepreneur and entrepreneurship inspirational quotes about life images model entrepreneurs fintech research future entrepreneurs cities in 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