Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries in Africa are sorted according to data from the International Monetary Fund.
List of African countries by GDP (nominal)
| Rank | 6 |
|---|---|
| Country | Kenya |
| Nominal GDP (billions US$) | 109.49 |
| Nominal GDP per capita (US$) | 2,198.59 |
Contents
What is Kenya’s GDP rank?
143 out of 189
Kenya’s HDI value for 2019 is 0.601— which put the country in the medium human development category—positioning it at 143 out of 189 countries and territories.
How is Kenya ranked in Africa?
Kenya is ranked 28th among 47 countries in the Sub-Saharan Africa region, and its overall score is below the regional and world averages.
What is the rank of Kenya?
Kenya is 112th in the overall Prosperity Index rankings.
Which African country has highest GDP?
Nigeria
Nigeria has the highest GDP in Africa, standing at $514.05 billion in 2021. Egypt: This North African country has the second highest GDP size in Africa.
What is the poverty rate in Kenya?
Around 35.5%
Around 35.5% of Kenya’s population is living below the poverty line, reported in 2016. This means basically that more than one-third of the entire country is living on less than the U.S. $1.90 per day. Much of Kenya is rural land, which contributes to high rates of the population living in poverty.
What is the literacy rate in Kenya?
81.5 %
Kenya – Adult (15+) literacy rate
Kenya adult literacy rate was at level of 81.5 % in 2018, up from 78.7 % in 2014.
Is Kenya richer than Ghana?
Kenya – $106.04 billion. Ethiopia – $93.97 billion. Ghana – $74.26 billion. Ivory Coast – $70.99 billion.
Is Nigeria richer than Kenya?
Nigeria has a GDP per capita of $5,900 as of 2017, while in Kenya, the GDP per capita is $3,500 as of 2017.
Is Kenya poor or rich?
Kenya is a lower-middle income economy. Although Kenya’s economy is the largest and most developed in eastern and central Africa, 36.1% (2015/2016) of its population lives below the international poverty line. This severe poverty is mainly caused by economic inequality, government corruption and health problems.
Is Kenya a 3rd world country?
Kenya is among the third world countries, but it has a high potential for becoming a second or first world country soon.Like other countries in Africa, Kenya still features a huge gap between the wealthy and the poor.
Why is Kenya more famous?
Kenya, country in East Africa famed for its scenic landscapes and vast wildlife preserves.Along that coast, which holds some of the finest beaches in Africa, are predominantly Muslim Swahili cities such as Mombasa, a historic centre that has contributed much to the musical and culinary heritage of the country.
Why Kenya is the best country in Africa?
Beautiful capital city, amazing safaris experience, fantastic climate, warmed and friendly people and so on. In addition to its magical attraction, Kenya has an oasis of opportunities, perfect for any investors. Here are five good reasons why Kenya is one of the best countries for foreign investment in Africa.
Is Botswana richer than Kenya?
Botswana vs Kenya: Economic Indicators Comparison
Kenya with a GDP of $87.9B ranked the 66th largest economy in the world, while Botswana ranked 117th with $18.6B. By GDP 5-years average growth and GDP per capita, Kenya and Botswana ranked 25th vs 96th and 153rd vs 84th, respectively.
Which country is richest in Africa?
Egypt
List
| Region Rank | Country | Peak value of GDP (PPP) as of 2021 Billions of International dollars |
|---|---|---|
| — | Africa | 7,172.782 |
| 1 | Egypt | 1,381.057 |
| 2 | Nigeria | 1,136.795 |
| 3 | South Africa | 861.929 |
Which country in Africa is powerful?
As of 2021, Egypt was considered the most powerful African country by its conventional fighting capacity, achieving a score of 0.22. The country also placed 13th in the global military power ranking. Following this were Algeria and South Africa, each with an index of 0.44 and 0.57, respectively.
How corrupt is Kenya?
In the Corruption Perceptions Index 2020 Kenya is ranked 124th out of 180 countries for corruption, tied with Bolivia, Kyrgyzstan, Mexico, and Pakistan (least corrupt countries are at the top of the list).
Is Kenya a good country to live?
Conclusion. In spite of several drawbacks, Kenya is generally a good place to live. The climate is nice, people are friendly, and the cost of living is generally reasonable.
Why is Kenya’s GDP so low?
Since 2014, Kenya has been ranked as a lower middle income country because its per capita GDP crossed a World Bank threshold. While Kenya has a growing entrepreneurial middle class and steady growth, its economic and development trajectory could be impaired by weak governance and corruption.
Where does Kenya rank in education?
In 2017, the World Economic Forum rated Kenya’s education system as the strongest on the African continent. In 2018, the World Bank ranked Kenya the top African country for education outcomes (1st out of 43 mainland countries).
Is Kenya developing or developed?
Compared to its neighbors, Kenya has a well-developed social and physical infrastructure.
Economy of Kenya.
| Country group | Developing/Emerging Lower-middle income economy |
| Statistics | |
|---|---|
| Population | 47,564,296 (2019) |
| GDP | $106.041 billion (nominal, 2021 est.) $262.669 billion (PPP, 2021 est.) |
| GDP rank | 61st (nominal, 2019) 71st (PPP, 2019) |
