Doing Business with Kenya Guide

Page 31

Why Kenya?

Summary Area: 582,650 km2

GDP per capita: US $2,103.6

Population: 48.69 million

Annual inflation rate: 5.2%

Urban population: 28%

General government gross debt: 67.6% of GDP

Population growth rate: 2.275% change

Fiscal balance: -8.1 of GDP

Capital city: Nairobi

Current account balance: -4.4 of GDP/US $-4.5 billion

Official language: Swahili, English

Exports of goods to UK: £321 million

Currency: Kenyan Shilling

Exports of services to UK: £286 million

Nominal GDP: US $102.4 billion

Imports of goods from UK: £384 million

Real annual GDP growth: -0.3%

Imports of services from UK: £416 million

[Source – FCDO Economics Unit (December 2021), FCDO Overseas Business Risk: Kenya]

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