Signal · indexed from World Bank Documents & Reports
World Bank
To sustain economic growth, reduce poverty and make economic gains more inclusive, Kenya needs to address pressing structural challenges. Kenya recorded solid and sustained economic growth rates during the last two decades, which translated into increased incomes, poverty reduction, and improved well-being to its citizens. Real gross domestic product (GDP) grew at an average rate of 4.5 percent between 2001 and 2025. Although economic growth in Kenya was slower during the 2000s decade in comparison with income-level and sub-Saharan African (SSA) averages, the country was able to sustain these growth rates thereafter, surpassing its peers during the 2010s and growing at an average rate of 4.6 percent during 2011–2024 (Figure 1). Economic growth translated into increased incomes and strong poverty reduction, especially between 2005 and 2015, where more than 200,000 Kenyans escapedfrom poverty as the population was growing. The poorest households benefited the most from economic growth, particularly in rural areas, and thus inequality also decreased. Access to basic services also improved, including enhanced water sources, rising access to electricity, and increasedasset ownership (World Bank, 2023a).
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| Field | How we know | State | Confidence |
|---|---|---|---|
| Publication date | Official API or feed | Data quality: Source-backed | 100 |
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