NAIROBI, December 10, 2024 — Kenya’s GDP is projected to grow at 4.7% in 2024, slower when compared to 5.6% in 2023 and closer to the country’s pre-pandemic average of 4.6% per year between 2011-2019, according to the latest Kenya Economic Update, launched today. Kenya’s real GDP is envisioned to gradually pick up in the medium term, but structural imbalances are hindering Kenya’s goal of faster, sustained, and more inclusive growth.
