Kenya: Gross Domestic Product - Kenya GDP

The Gross Domestic Product (GDP) is the total value of complete goods and services produced in a country within a given period.^[1] The GDP of a country estimates the size of an economy as well as its growth over time.

GDP is different from Gross National Income (GNI), which is the total income earned by a country's citizens regardless of where they live.^[2] 

In this post, we highlight Kenya’s GDP in nominal and real terms as measured by current and constant prices, respectively. We also provide Kenya's GDP in the local currency unit (LCU) – Ksh and in US dollars. 

Quick Facts

• Kenya’s nominal GDP at current prices was Ksh 17.9 trillion in 2025.^[3]
• Kenya’s real GDP (constant 2016 prices) was Ksh 11.4 trillion in 2025. 
• Kenya’s GDP at current US$ was $ 131.7 billion in 2025.^[4]
• Kenya’s GDP at constant (2015 US$) prices was $ 100 billion in 2023. 
• Kenya's GDP, PPP (constant 2021 international $), was $314.5 billion in 2023. 
• Kenya's GDP, PPP (current international $), was $349 billion in 2023. 
• Kenya’s GDP grew by 4.8% in 2025. 
• Agriculture accounted for 22.5% of Kenya’s GDP. 

Kenya’s Gross Domestic Product in Kenya Shillings

In 2025, Kenya's nominal GDP was Ksh 17.9 trillion. The nominal GDP is measured at current prices and does not factor in inflation or deflation.^[5]

Kenya’s real GDP, measured in constant 2016 prices, was Ksh 11.4 trillion in 2025. 

Unlike nominal GDP, real GDP factors in inflation and deflation and reflects the actual quantity of goods and services produced in a given year. 

Since real GDP factors in inflation and deflation, while nominal GDP does not, real GDP is a better indicator of a country's actual economic size. In the chart above, the blue line indicates Kenya's real GDP after controlling for changes in prices over time.

Read: The GDP of Kenya by County

Kenya’s real and nominal GDP in US Dollars

Kenya’s nominal GDP, as measured in current prices, is estimated to reach $131.7 billion in 2025. After taking into account inflation, Kenya’s real GDP was $100 billion in 2023.

Kenya’s GDP in terms of Purchasing Power Parity (PPP)

When taking into account the Purchasing Power Parity, Kenya’s real GDP in constant 2021 international dollars was $314.5 billion in 2023. 

On the other hand, the nominal GDP (PPP) in current international dollars was $349 billion in 2023.

Note that Purchasing Power Parity (PPP) compares the value of money in different countries by examining how much a standard "basket of goods" costs in each country. It helps measure the cost of living and economic productivity across nations.^[6]

An international dollar is a made-up currency that has the same buying power as a US dollar in the United States. It is used to compare the prices of goods and services between countries, making it easier to understand differences in living standards and economies.^[7]

Kenya’s Annual GDP growth rate

Kenya's GDP is estimated to grow by 4.8% in 2025, compared to 4.5% in 2024. The growth rate shows the percentage by which Kenya's economy expanded between the two years.

After contracting during the COVID-19 pandemic, Kenya’s economy rebounded in 2021 and grew by 5.6% between 2022 and 2023.

Agriculture accounts for the largest share of GDP in Kenya

Kenya's economy comprises several broad industries such as agriculture, manufacturing, mining, transport, electricity supply, water and sewerage, ICT, and more.

However, agriculture remains the most dominant industry in Kenya, with a GDP of Ksh 3.6 trillion in 2024, or 22.5% of the country's total GDP.

Crop growing is the largest agricultural sector, with a GDP of Ksh 2.5 trillion, or 15.3% of Kenya's overall GDP. Animal production, on the other hand, had a GDP of Ksh 674.6 billion, accounting for 4.2% of Kenya's overall GDP. 

The second largest industry in Kenya is transport and storage, with a GDP of Ksh 2.1 trillion, or 12.7% of the country's overall GDP. Land transport has the highest GDP, at Ksh 1.8 trillion, accounting for 10.8% of the country's overall GDP. Air transport was 1% of the country's GDP, at Ksh 169.7 billion. 

Real estate is Kenya's third-largest industry, with a GDP of Ksh 1.4 trillion and 8.4% of the country's total GDP.

The fifth-largest industry is finance and insurance, with a GDP of Ksh 1.3 trillion and 7.9% of Kenya's GDP. Financial activities account for 5.6% of Kenya's GDP, at Ksh 905.5 billion, while insurance accounts for 2.3% of GDP, at Ksh 379.4 billion. 

Read: County contribution to manufacturing activities.

Wholesale and retail trade is the fifth largest industry in Kenya, with a GDP of Ksh 1.22 trillion and accounting for 7.5% of the Country's overall GDP.

The sixth largest industry in Kenya, with a GDP of Ksh 1.2 trillion, is manufacturing, which accounts for 7.3% of the country's overall GDP. Food, beverages, and tobacco manufacturing account for 4.1% of Kenya's GDP, at Ksh 660 billion, while other manufacturing accounts for 3.2% of the overall GDP, at Ksh 516.4 billion. 

Kenya’s real GDP by broad sector and industry

Real GDP takes into account changes in prices and better reflects the actual size of each industry in Kenya. As of 2024, Kenya's real GDP was based on constant 2016 prices. 

Agriculture remains the most dominant industry in Kenya in real GDP terms at Ksh 1.87 trillion in 2024. 

The agriculture sector grew by 4.6% in 2024, with the crop-growing industry growing by 2.7% and animal production by 9.4%. 

Read: County contribution to agriculture, forestry, and fishing. 

The real estate industry was the second largest, with a real GDP of Ksh 1.12 trillion. It grew by 5.3% in 2024. 

The third largest industry was finance and insurance, which had a real GDP of Ksh 1.1 trillion in 2024 and grew by 7.6% in that year. 

Others include:  

1. Transport and Storage – Ksh 1 trillion (+4.4%).
2. Manufacturing – Ksh 873.8 billion (+2.8%).
3. Wholesale and Retail – Ksh 873.3 billion (+3.8).
4. Public administration and defence – Ksh 675.1 billion (+ 8.2%).
5. Construction – Ksh 588.2 billion (-0.7%).
6. Education – Ksh 519.9 billion (+3.9%).
7. ICT – Ksh 373.7 billion (+7%). 
8. Health – Ksh 245.3 billion (+6.3%).
9. Professional, scientific, and technical activities – Ksh 198.4 billion (+6.1).
10. Electricity supply – Ksh 185.9 billion (+1.9%).
11. Accommodation and food services – Ksh 172.5 billion (+ 25.7%).
12. Other services – Ksh 137.5 billion (+4.1%).
13. Mining and quarrying – Ksh 96.3 billion (- 9.2%).
14. Administrative and support services – Ksh 113.6 billion (6.1%).
15. Water supply and sewerage – Ksh 71.3 billion (+1.9%).
16. Activities of households as employers – Ksh 62.1 billion (+1.5%).
17. Arts, entertainment, and recreation – Ksh 30.5 billion (+15%).

See Al

1. County contribution to agriculture, forestry and fishing
2. County contribution to manufacturing
3. County contribution to services
4. Kenya’s Gross National Income
5. Kenya GDP by County 
6. Kenya County GDP per Capita by County

References