Kenya GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$120.34

Source: world bank Nominal/PPP
Summary:

Kenya GDP Per Capita expanded from 1960 to 2024, increasing from $0.79 to $120.34 .The compound annual growth rate (CAGR) averaged 8.17% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 32.91%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Kenya 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 120.34 dollars$ 374.95 Int dollars
Growth (YoY)11.943%7.257%
Net Change vs Previous Year$ 12.84 dollars$ 25.37 Int dollars
% of World GDP Per Capita0.11%0.19%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Kenya GDP | Kenya GDP Growth

Kenya Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19600.79-----
19610.7900.214 %---
19620.870.089.477 %---
19630.930.066.736 %---
196410.077.789 %---
196510-0.084 %---
19661.160.1716.695 %---
19671.230.075.843 %---
19681.350.129.796 %---
19691.460.117.765 %---
19701.60.159.947 %---
19711.780.1710.91 %---
19722.110.3318.494 %---
19732.510.419.064 %---
19742.970.4618.372 %---
19753.260.299.744 %---
19763.470.226.602 %---
19774.491.0229.352 %---
19785.30.8118.008 %---
19796.230.9317.547 %---
19807.271.0316.536 %---
19816.85-0.41-5.655 %---
19826.43-0.42-6.17 %---
19835.98-0.45-7.034 %---
19846.190.213.55 %---
19856.14-0.06-0.911 %---
19867.241.117.997 %---
19877.970.7310.107 %---
19888.360.384.825 %---
19898.28-0.07-0.865 %---
19908.570.293.492 %39.59--
19918.15-0.42-4.91 %41.521.934.869 %
19928.210.060.707 %42.120.611.461 %
19935.75-2.46-29.934 %43.271.152.732 %
19947.151.424.277 %45.362.094.824 %
19959.051.926.555 %48.352.996.595 %
199612.05333.158 %51.282.936.054 %
199713.121.078.882 %52.411.132.208 %
199814.090.987.458 %54.742.334.451 %
199912.9-1.2-8.5 %56.82.053.753 %
200012.71-0.19-1.478 %58.431.632.878 %
200112.990.282.209 %62.013.576.117 %
200213.150.161.245 %63.311.312.109 %
200314.91.7613.362 %66.463.144.965 %
200416.11.197.99 %71.735.277.931 %
200518.742.6416.418 %78.356.629.227 %
200625.837.0937.825 %85.997.649.756 %
200731.966.1323.747 %94.378.389.746 %
200835.93.9412.319 %96.412.042.163 %
200942.356.4517.975 %100.223.83.944 %
201045.413.067.222 %109.619.399.372 %
201146.871.463.224 %117.67.997.29 %
201256.49.5320.327 %124.967.366.262 %
201361.675.279.353 %139.7514.7911.832 %
201468.296.6110.725 %154.7114.9610.706 %
201570.121.832.687 %173.2118.511.957 %
201674.824.696.695 %188.5515.348.856 %
201782.047.229.652 %205.5116.978.998 %
201892.210.1712.393 %221.4915.987.776 %
2019100.388.188.866 %240.0118.528.359 %
2020100.660.280.279 %250.2610.254.27 %
2021109.79.058.987 %284.1333.8713.536 %
2022114.454.754.325 %319.1835.0512.336 %
2023107.5-6.95-6.071 %349.5830.49.524 %
2024120.3412.8411.943 %374.9525.377.257 %

Kenya Economic Phases (1960 - 2024)

From 1960 to 2024, Kenya economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1962–1964) indicating robust economic expansion
  • High Growth (1966–1980) indicating robust economic expansion
  • Contraction (1981–1983) indicating temporary slowdown
  • High Growth (1986–1987) indicating robust economic expansion
  • High Growth (1994–1998) indicating robust economic expansion
  • Contraction (1999–2000) indicating temporary slowdown
  • Expansion (2001–2002) indicating steady moderate growth
  • High Growth (2003–2010) indicating robust economic expansion
  • High Growth (2012–2014) indicating robust economic expansion
  • High Growth (2016–2019) indicating robust economic expansion
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 2006 with an increase of 37.825%, while the largest decline was in 1993 at -29.934%.