Lewes, DE -- (SBWIRE) -- 07/07/2017 -- As per International Monetary Fund (IMF) Kenya's real gross domestic product is expected to grow at a CAGR of 6.09% from its 2015 level of KES 4050.85 billion and reach KES 6127.96 billion by 2022.

Kenya, officially the Republic of Kenya, is a sovereign state in the African Great Lakes region of East Africa. Its capital and largest city is Nairobi. Kenya lies on the equator with the Indian Ocean to the south-east, Tanzania to the south, Uganda to the west, South Sudan to the north-west, Ethiopia to the north and Somalia to the north-east. Kenya covers 224,445 square miles and has a population of roughly about 44 million.

Kenya had estimated population of 45.451 million in the year 2016 and expected to reach 53.519 million by 2022, growing at a CAGR of 2.77%.

Kenya's real gross domestic product (GDP) was around KES 4294.05 billions in 2016 whereas the nominal GDP was KES 6993.32 billions. This resulted in GDP deflator 162.861. Per capita GDP was estimated at USD 1516.33 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 3361.02.

In 2016, Kenya government's revenue was KES 1413.03 billions whereas the expenditure was KES 1926.12 billions. This resulted Kenyan government's net lending / borrowing negative at KES 513.086 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Kenya was negative, estimated to be at USD 3.822 billions for the year 2016 and is expected to decrease at a CAGR of 4.66% and reach USD 5.963 by 2022. This negative current account balance indicates the Kenya is net borrower from the whole world.

Scope of the Kenya PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports

These reports provide information about key macroeconomic indicators for Kenya.

These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Kenya.

These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Kenya.

These reports provide risk analysis for Kenya.

For more information and to purchase Kenya PESTEL Analysis Market Research Report please visit:
http://www.marketresearchreports.com/market-research-reports-inc/kenya-pestel-analysis-market-research-report

For more information and to purchase Kenya SWOT Analysis Market Research Report please visit:
http://www.marketresearchreports.com/market-research-reports-inc/kenya-swot-analysis-market-research-report

For more information and to purchase Kenya Risk Analysis Market Research Report please visit:
http://www.marketresearchreports.com/market-research-reports-inc/kenya-risk-analysis-market-research-report

Find more about Kenya Market Research Reports

About Market Research Reports, Inc.
Market Research Reports® Inc. is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global ®ional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Press Contact:
Mr. Sudeep Chakravarty
Director - Operations
Market Research Reports, Inc.
Tel India: +1-302-703-9904