Kenya's economy grows by 5.3pc in first three months of 2026
It is the fastest first-quarter GDP growth since 2023..
✨ Key Highlights
Kenya's economy demonstrated robust growth, expanding by 5.3 percent in the first quarter of 2026, a notable increase from 4.9 percent in the same period last year.
- Overall expansion of 5.3 percent in real GDP for January-March 2026.
- Data released by the Kenya National Bureau of Statistics (KNBS).
- This marks the fastest first-quarter GDP growth since 2023, indicating an economic upswing after previous challenges.
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Kenya Economy Expands 5.3 Percent in Q1 2026 Driven by Manufacturing, Mining - July 2026
Kenya's economy demonstrated robust growth, expanding by 5.3 percent in the first quarter of 2026, a notable increase from 4.9 percent in the same period last year. This expansion was primarily propelled by robust performance in key sectors including manufacturing and mining. The Kenya Revenue Authority (KRA) announced a significant increase in tax collections for the 2025/26 financial year, reporting a total of Sh2.84 trillion, marking a 10.6 percent rise in revenue compared to the previous fiscal year. However, the World Bank has revised Kenya's economic growth forecast downward for 2026, citing external shocks including the escalating conflict in the Middle East.
