Kenya GDP grows by 5.6% in ’23

Kenya’s economy expanded by 5.6 per cent in 2023, up from a revised 4.9 per cent in the previous year, according to Kenya’s State Department of Planning statement on X platform.

This growth was largely buoyed by robust output in the agriculture sector.

The East African country’s economy heavily relies on farming, that contributes to more than a fifth of its annual economic output.

Moreover, abundant rains following years of drought facilitated the sector’s recovery from contractions experienced in the previous two years.

“Last year it shot to 7% (growth),” Macdonald Obudho, the director general of the statistics office, told an event to launch the economic growth report for the period.

Obudho further stated that tourism, another pivotal sector, exhibited growth, with visitor arrivals surpassing the annual pre-pandemic level of 2.035 million to reach 2.087 million visitors last year.