Kenya’s economic output rises 8 per cent to hit Sh16.22 trillion in 2024
This is from Sh15.03 trillion in 2023, representing an eight per cent year-on-year growth.
The value of Kenya’s economy has expanded to Sh16.22 trillion as of December 2024, a new report has revealed.
This is from Sh15.03 trillion in 2023, representing an eight per cent year-on-year growth.
More To Read
- Slowdown hits construction sector as fewer buildings being approved in Nairobi
- Kenya strides towards gender parity with notable gains in women's inclusion
- Kenya to start publishing core inflation data to boost targeting
- Most residents of Wajir, Lamu and Isiolo unaware of state's affordable housing programme – KNBS report
- 20 million Kenyans at risk of hunger as they struggle with economic challenges – KNBS
- Number of travellers using SGR train drop by 7.2 per cent after fares hiked
According to the 2025 Economic Survey Report by the Kenya National Bureau of Statistics (KNBS), the nominal GDP growth highlights the country's continued economic momentum despite global and regional challenges experienced during the year.
Ideally, a rise in nominal GDP means the market value of all goods and services produced in the country has grown, driven by a mix of higher production and increased prices.
More to follow...
Top Stories Today
