Kenya is a lower-middle-income economy. The economy of Kenya is the largest in East and Central Africa, with an estimated Gross Domestic Product (GDP) of US$99.246 billion in 2020. The services sector is the largest and accounts for around 60% of GDP. Agriculture is the second-largest sector and accounts for about 25% of GDP. Industry accounts for 15% of GDP. Kenya’s economy is heavily reliant on agriculture, tourism, and remittances from Kenyans living abroad. The country has seen strong economic growth in recent years, with GDP growth averaging 5.6% from 2013 to 2019. The economy is expected to grow by 5.3% in 2021.
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