Kenya 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$108.04 billion
↓ 5.60% vs 2022GDP per Capita
$1,952.30
↓ 7.45% vs 2022GDP Growth (Annual %)
5.56%
↑ 0.70pp vs 2022Inflation Rate (CPI %)
7.67%
↑ 0.01pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $114.45 billion | $108.04 billion | -5.60% |
| GDP per Capita | $2,109.56 | $1,952.30 | -7.45% |
| GDP Growth (Annual %) | 4.86% | 5.56% | +0.70pp |
| Inflation (CPI %) | 7.66% | 7.67% | +0.01pp |
| Unemployment Rate (%) | 5.71% | 5.57% | -0.14pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $108.04 billion
- GDP per Capita
- $1,952.30
- GDP Growth (Annual %)
- 5.56%
- Gross National Income
- $106.15 billion
Prices & Employment
- Inflation (CPI %)
- 7.67%
- Inflation (GDP Deflator %)
- 6.11%
- Unemployment Rate (%)
- 5.57%
- Interest Rate (Real %)
- 7.05%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -4.00%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Kenya's Gross Domestic Product (GDP) is $108.04 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Kenya for 2023 is $1,952.30. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Kenya for 2023 is 7.67%. This measures the annual percentage change in the cost of consumer goods and services.
Kenya's annual GDP growth rate for 2023 is 5.56%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Kenya for 2023 is 5.57%. This represents the percentage of the labor force that is unemployed and actively seeking employment.