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10 March, 2021updated 29 Oct 2021 17:48

Investing in Kenya: what you need to know

All of the key data and information needed when considering investing in Kenya.

By Carmen

As of 2021, Kenya has a population of 55 million, making it the 26th largest country in the world by this measure. There are 49.7% males and 50.3% females.

There are 20.3 million people employed in Kenya, with an unemployment rate of 9.3% – 2.1 million people.

Kenya is the 189th largest economy in the world with a GDP of $105.8bn. Kenya’s GDP has grown by 164% between 2010 and 2021 and is expected to grow by 43% by 2025.

As of 2017 there were 562,521 students in tertiary education in Kenya, with 3.8 million students in secondary and 8.3 million in primary education. Kenya spent 5.3% of its GDP on education in 2019.

Kenya ranked 56th in the World Bank’s Doing Business Report (2020). In the 2019 report it finished 61st. In the World Economic Forum’s Global Competitiveness Report (2019), Kenya finished 95th, after ranking 95th in 2018.

Public healthcare expenditure totalled $1.2bn and private healthcare expenditure equalled $2.4bn in 2018.

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