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Kenya

Kenya

Political and economic situation

Although Kenya is the strongest and most advanced economy in East and Central Africa, it ranks comparably low in the Human Development Index (147 out of 187). In 2012, 43% of Kenyans lived below the poverty line. Economic productivity is still closely tied to the agricultural sector, which employs 75% of Kenya’s workforce and contributes 24% of the country’s GDP. Agricultural products such as tea, coffee, flowers and fish account for 65% of the country’s export revenue. The horticultural industry is growing by 20% annually. Other sectors that are performing strongly include tourism, production, transportation and communication. Kenya is also the regional hub for financial services. In 2014, Kenya recorded a sharp increase in foreign direct investment, which climbed from USD 372m in 2013 to USD 944m.

Kenya is a presidential representative democratic republic consisting of eight administrative regions. Kenya’s military entered Somalia in October 2011 to curb the threat of the Islamist militant Al-Shabab movement. Since 2013 Al-Shabab has launched a series of attacks in Kenya that had a significant impact on the tourism sector, prompting the downgrade of positive economic forecasts for the country.

The national currency is the Kenyan Shilling (exchange rates at 31 Aug. 2015: USD 1 = KES 103.83, EUR 1 = 116.49).

 

kenya-administrative-map
Source: Nations Online Project

Key figures

Available statistics:
Capital
Nairobi
Official languages
English, Swahili
Population (2014), m
45.55
Compound Annual (GDP) Growth Rate, (2011-2015), %
5.3
Population growth (2014), %
3
GDP per capita (2015), USD (current rate)
1,376.7
Rural population (2013), % of total
74.4
Ease of Doing Business Index (2014)
136 (of 189)
Median age of population (2014 est.), years
19.7
National currency
Kenyan Shilling
Installed generating capacity (2014), MW
2,295
Installed fossil fuel capacity (2014), MW
748
Hydro capacity (2014), MW
827
Other RE capacity (2014), MW
657
Renewable electricity output (2014), % of total electricity output excl. hydroelectric
29
Planned short-term expansion, 2013-2016, MW
5,000
Average distribution and transmission losses (2012), % of output
18
Net electricity imports (2012), GWh
11
Peak demand (2012), MW
1,354
Per capita electricity consumption (2012), kWh
157.3
Electrification rate, total (2012), %
23
Electrification rate, urban (2012), %
58.2
Electrification rate, rural (2012), %
6.7
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