Kenya is expected to rise above the waves of the Covid-19 pandemic in terms of economic recovery, according to the 23rd Edition of Kenya Economic Update recently launched by World Bank. The Economic Survey 2022 shows Kenya's real GDP grew by around 7.5 percent in 2021, compared to a contraction of 0.3 percent realised the previous year.
There has been gradual, normalisation in economic activity in most sectors, including manufacturing and exports. Against the back of a weaker global economy due to the effects of the pandemic, Kenya has shown signs of resilience in most sectors. The total exports in 2021 grew to Sh743.7 billion compared to Sh643.7 billion in 2020 — an increase of 15.5 percent.
