Kenya Economic Outlook and Growth Projections
May 2025The International Monetary Fund (IMF) projects Kenya's economy to grow by 4.8% in 2025, an upgrade from 4.5% in 2024.
The National Treasury's 2025 Budget Policy Statement projects growth to pick up to 5.3% in 2025 and maintain that momentum over the medium term.
Mastercard Economics Institute's 2025 Economic Outlook projects Kenya's GDP to grow by 4.7% year over year in 2025.
Consumer price inflation is projected to stabilize at 4.8% in 2025 (Mastercard Economics Institute).
The official 2025 Budget Policy Statement highlights progress in the implementation of the Bottom-Up Economic Transformation Agenda (BETA), focusing on objectives such as bringing down the cost of living, eradicating hunger, creating jobs, expanding the tax base, and improving foreign exchange balances.
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