2020 Economic Update and Regional Economic Outlook 2021

Prior to the outbreak of COVID-19 Pandemic, Kenya’s economy was strong expanding by 5.4% in 2019. Growth is projected to decline to 2.6% in 2020 due to the adverse impact of COVID-19 but rebound to 5.3% of GDP in 2021.

The post-COVID Economic Recovery Strategy currently under development puts great emphasis on the role of the private sector to build Kenya’s economy back.