Kenya Economic information

Kenya is a country located in East Africa and its economy is based on agriculture, tourism, export and service sectors. Here is Kenya's economic information:

1. Gross Domestic Product (GDP): According to 2020 data, Kenya's GDP was recorded as 106 billion dollars. The GDP growth rate is approximately

1.5%.

2. Agriculture: Kenya's economy is largely based on agriculture. The country has an important position in the export of agricultural products such as tea, coffee, flowers, tobacco, corn, wheat, fruits and vegetables. The agricultural sector provides a large portion of the country's employment.

3. Tourism: Kenya is famous for its wildlife, natural beauty and safari tours. The tourism sector makes a significant contribution to the country's economy. Tourists often visit areas such as Masai Mara National Park, Amboseli National Park and Tsavo Nature Park.

4. Exports: Kenya's main export products are tea, coffee, flowers, tobacco, vegetables and fruits. Additionally, textiles, clothing, leather products and chemicals are among other exported products. Kenya's largest export markets are the European Union, the United States and East African countries.

5. Imports: Kenya's major imports are oil, machinery, vehicles, chemicals, iron and steel. Most of the imports are from Asian countries, especially China.

6. Employment: The agricultural sector, service sector and manufacturing sector provide the majority of employment in Kenya. The high young population in the country also causes the unemployment rate to be high.

7. Currency: Kenyan shilling (Kenya Shilling-KES) is the official currency.

8. Infrastructure: Kenya has been investing in infrastructure projects in recent years. Infrastructure development, especially in the fields of transportation, energy and communications, supports the country's economic growth.

9. Investment Opportunities: Kenya offers many opportunities for investors. There is potential for investment in sectors such as agriculture, tourism, energy, construction, finance and telecommunications. Kenya's economic situation continues to grow, although it faces some challenges. The country's economic growth potential is supported by its natural resources, tourist attraction and young population. However, some problems such as high unemployment rate, low income level and infrastructure deficiencies still continue.