Search results
Results from the WOW.Com Content Network
The economy of Kenya is market-based with a few state enterprises. Kenya has an emerging market and is an averagely industrialised nation ahead of its East African peers. Currently a lower middle income nation, Kenya plans to be a newly industrialised nation by 2030. The major industries driving the Kenyan economy include financial services ...
With a GNI of 1,840, [18] Kenya is a lower-middle-income economy. Kenya's economy is the second largest in eastern and central Africa, after Ethiopia, with Nairobi serving as a major regional commercial hub. [19] Agriculture is the largest sector; tea and coffee are traditional cash crops, while fresh flowers are a fast-growing export.
PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. [4] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. [5]
50.081 shillings per Int. dollar based on PPP (IMF Oct. 2018) [3]; Rank County GDP per capita in KSh. /= GDP per capita in US$ (PPP) 1 Kiambu County : 789,129 6,955 2 Nairobi County
Agriculture in Kenya. Potatoes harvested from a Kenyan farm. Agriculture in Kenya dominates Kenya's economy. 15–17 percent of Kenya's total land area has sufficient fertility and rainfall to be farmed, and 7–8 percent can be classified as first-class land. [1][2] In 2006, almost 75 percent of working Kenyans made their living by farming ...
The following is a list of Kenya's richest. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine.. Kenya is the largest economy in the East African Community, the 3rd largest economy in Sub-Saharan Africa, with a gross domestic product of US$120.87 billion as of 2020 [1] up from US$70.539 billion in 2017. [2]
e. Kenya Vision 2030 (Swahili: Ruwaza ya Kenya 2030) is a Kenyan development program, aiming to raise the average standard of living in Kenya to middle income by 2030. It was launched on 10 June 2008 by President Mwai Kibaki. [1][2][3] Developed through "an all-inclusive and participatory stakeholder consultative process, involving Kenyans from ...
With a GNI of 1,840, Kenya is a lower-middle-income economy. Kenya's economy is the second largest in eastern and central Africa, after Ethiopia, with Nairobi serving as a major regional commercial hub. Agriculture is the largest sector; tea and coffee are traditional cash crops, while fresh flowers are a fast-growing export.