her donors, these reforms have led to a turnaround in economic
performance following a period of negative growth in the early 1990s.
Kenya's real GDP grew at 5% in 1995 and 4% in 1996, and inflation
remained under control. Growth slowed in 1997. Political violence
damaged the tourist industry, and the IMF allowed Kenya's Enhanced
Structural Adjustment Program to lapse due to the government's failure
to enact reform conditions and to adequately address public sector
corruption. Moreover, El Nino rains destroyed crops and damaged an
already crumbling infrastructure in 1997 and on into 1998. Long-term
barriers to development include electricity shortages, the
government's continued and inefficient dominance of key sectors,
endemic corruption, and the country's high population growth rate.
GDP: purchasing power parity-$45.3 billion (1997 est.)
GDP-real growth rate: 2.9% (1997 est.)
GDP-per capita: purchasing power parity-$1,600 (1997 est.)
GDP-composition by sector:
agriculture: 27%
industry: 20%
services: 53% (1995)
Inflation rate-consumer price index: 8.8% (1996)
Labor force:
total: 8.78 million (1993 est.)
by occupation: agriculture 75%-80%, non-agriculture 20%-25%
Unemployment rate: 35% urban (1994 est.)
Budget:
revenues: $3 billion
expenditures: $3 billion, including capital expenditures of $638
million (FY96/97 est.)
Industries: small-scale consumer goods (plastic, furniture, batteries,
textiles, soap, cigarettes, flour), processing agricultural products;
oil refining, cement; tourism
Industrial production growth rate: 3.8% (1995)
Electricity-capacity: 808,000 kW (1995)
Electricity-production: 3.59 billion kWh (1995)
Electricity-consumption per capita: 134 kWh (1995)
Agriculture-products: coffee, tea, corn, wheat, sugarcane, fruit,
vegetables; dairy products, beef, pork, poultry, eggs
Exports:
total value: $2.1 billion (f.o.b., 1996)
commodities: tea 18%, coffee 15%, petroleum products (1995)
partners: Uganda 22.8%, UK 20.1%, Tanzania 19.1%, Germany 14.0%,
Netherlands 7.6%, US 6.1%
Imports:
total value: $2.9 billion (f.o.b., 1996)
commodities: machinery and transportation equipment 31%, consumer
goods 13%, petroleum products 12% (1995)
partners: UK 21.3%, UAE 18%, Japan 14%, Germany, US
Debt-external: $7 billion (1994 est.)
Economic aid: NA
Currency: 1 Kenyan shilling (KSh) = 100 cents
Exchange rates: Kenyan shillings (KSh) per US$1-61.164 (January 1998),
58.732 (1
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