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Economic Overview
Kenya is the economic hub for trade, investment, and tourism in East Africa.
GDP: In US$ 32.42 billion (2010)
GDP: Real growth rate – 4.0% (2010)
GDP:
Agriculture: 22%
Industry: 16%
Services: 62% (2010 est.)
Population below poverty line: 50% (2000 est.)
Inflation rate (consumer prices): 2% (2010 est.) country comparison to the world: 123
9.3% (2009 est.)
Electricity Generation: 5.223 billion kWh (2008 est.)
Electricity Imports:  22.5 million kWh (2007 est.)
Electricity consumption: 4.863 billion kWh (2008 est.)
Agriculture and Livestock products: Horticulture, tea, coffee, fish and fish preparations, animal and vegetable oils
Main export commodities: Horticulture, tea, textiles, coffee, tobacco and tobacco manufactures, iron and steel products, petroleum products, soda ash, cement,  articles of plastics, soda ash, medicinal and pharmaceuticals
Main export partners: UK 11.31%, Netherlands 9.81%, Uganda 9.07%, Tanzania 8.83%, US 5.93%, Pakistan 5.63% (2009)
Merchandise Exports (fob): $5.141 billion (2010 est.)
Services Exports: US$ 2.6 Billion (of which transportation is US$ 0.77, Tourism US$ 0.60)
Merchandise Imports (cif):
$10.4 billion (2010 est.)
country comparison to the world: 87
$9.715 billion (2009 est.)
Import commodities: machinery and transportation equipment, petroleum products, motor vehicles, iron and steel, resins and plastics
Import partners: India 11.67%, China 10.58%, UAE 9.32%, South Africa 8.36%, Saudi Arabia 6.53%, US 6.25%, Japan 5.1% (2009)
Currency: Kenya Shilling (KES)
Exchange rates:
March 2010  
1 US Dollar Ksh. 80.18
1 Stering Pound Ksh. 110.08
1 Euro Ksh. 105.79
More Details – Connect to the CBK website (http://www.centralbank.go.ke/rates/exchangeindex.asp)
Communication  
Main telephone line connections: 468,000 (2007)
Mobile telephones: 11.4 million subscribers (2007)
Radio and TV frequencies assigned: FM - 368, TV - 127 (2007)
Ports and harbours: Mombasa, Lamu (Marine); Kisumu (Inland)

 Key Economic and Social Indicators 1999 – 2007

Item

1999

2000

2001 

2002

2003

2004

2005

2006

2007

2008

Population (mn.)

29.5

30.2

30.8

31.5

32.2

32.8

33.4

36.1 

37.2

 38.3

Average exchange rate (Ksh vs USD)

70.30 

76.20

78.60

78.70

75.93 

79.28

75.55

 72.1

67.32

67.32

GDP at market prices (KSh.bn.)

743.48

796.34

1,020

1,035

1,138

1,286 

1,445

1,642

1,814

 

Growth of GDP at constant prices (%)

1.4

0.2

4.40;

0.50

2.90

5.10

5.70

6.10

7.0

 

Trade balance (Ksh. bn.)

-83.8

-113.3

-142.5

-88.4

-98.69

-149.8

-186.5

-270.5

-330.5

 

Balance of payments (current account)

-6.3

-15.20

-43.80

-9.27

11.10

-10.43

-19.06

-34.5

-74.2

 

Money Supply (Ksh. bn)

312.1

314.70 

322.33 

404.79

451.17

511.43 

557.75

653.04

777.50

 

Total domestic credit (Ksh.bn)

371.4

381.3

380.2

410.2

436.5

501.2

529.4

600.0

670.8

 

Consumer Prices Inflation (%) Average Annual

5.7

10.0 

5.7 

2

9.8

11.6

10.3

 14.5

 

 

Wage employment ('000)

1688

1695

1677

1700

1727

1764

1808

1869

1907

 

Education enrolment ('000)

 

 

 

 

 

 

 

     

Primary

6064

6078

5942

6063 

7159

7395

7592

7632

8229

 

Secondary

725

759

763 

779 

883

923

934 

1038

1180

 

Post Secondary

84

95

137

153

160

179

183

211

223

 
 
 
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