Kenya’s Economy to Grow 5.6% in 2025: CBK

Kenya’s central bank forecasts 5.6% economic growth in 2025, up from 5.4% in 2024. Driven by services & consumption. Kenya economy, economic outlook.
Kenya’s Economy to Grow 5.6% in 2025: CBK Kenya’s Economy to Grow 5.6% in 2025: CBK

Kenya’s central bank (CBK) projects that the nation’s economy will experience accelerated growth, reaching 5.6% in 2025 . This represents a slight increase from the estimated 5.4% growth expected in 2024 . This growth is expected to be largely driven by the service sector and household consumption .

However, it’s worth noting that other sources provide slightly varying figures. For instance, one report indicates that GDP growth decelerated to an estimated 4.5% in 2024, following a 5.6% rebound in 2023 . Another source mentions the economy grew by 5.6% in 2023 [1230]. The CBK has been actively managing monetary policy, including recent rate cuts , to support economic activity. The bank anticipates inflation to fall to 6.2% in 2024 .

While various sources offer slightly different figures, the overall outlook for Kenya’s economic growth remains positive. The projected growth, driven by key sectors, signals continued economic development in the region.

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