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Forum => Kenya Discussion => Topic started by: Olekoima on September 30, 2014, 04:47:09 PM

Title: Kenya's GDP figures revised upwards by 25 per cent
Post by: Olekoima on September 30, 2014, 04:47:09 PM

In Summary

    Kenya’s rebased Gross Domestic Product for last year is now estimated at KShs4.76 trillion (about $55 billion).
    The nation’s average income, or GDP per capita, rises from $999 (about KShs88,000) to $1,246 (KShs109,000).

http://www.businessdailyafrica.com/Kenya-s-GDP-revised-upwards-by-25-per-cent/-/539546/2469966/-/136qud2z/-/index.html

Title: Re: Kenya's GDP figures revised upwards by 25 per cent
Post by: RV Pundit on September 30, 2014, 05:40:41 PM

That is great news...though i believe it still understated. We just haven't figured out the depth of informal sector.

Title: Re: Kenya's GDP figures revised upwards by 25 per cent
Post by: Olekoima on September 30, 2014, 05:47:28 PM

Quote from: RV Pundit on September 30, 2014, 05:40:41 PM

That is great news...though i believe it still understate. We just haven't figured out the depth of informal sector.

Correct.