Kenyan Economic Growth in 2018: Through the eyes of 11 Research Firms

By Soko Directory Team / February 12, 2018

Kenya’s Private Sector on a Recovery Path in Medium Term -PMI

Various research firms have predicted that the Kenyan economy will grow at 5.6 percent in 2018 despite the challenging electioneering period in 2017.

The Central Bank of Kenya was the first to put the country’s growth at 6.2 percent followed by the National Treasury which estimated it at 6.0 percent.

African Development Bank and Stanbic Bank estimated that the economy will grow at 5.6 percent in 2018.

International Monetary Fund, World Bank, Fitch Ratings, and Barclays Africa Group Limited foresaw the economy growing at 5.5 percent.

Standard Chartered and Cytonn Investments Limited placed the growth at 5.4 percent while Focus Economics saw it grow at 5.3 percent.

On average, the economy is expected to grow at 5.6 percent as shown in the image below:

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