Keyword Analysis & Research: kenya economic growth rate 2020

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What is the main economic activity of Kenya?

The economy of Kenya depends on the informal sector, which employs a majority of the working population. Agriculture is the main economic activity in the country. Most citizens are involved in agriculture for subsistence, local sale and export. Kenya exports coffee, tea, fruits and flowers.

What does Kenya's economy depend on?

Agriculture remains the backbone of the Kenyan economy, contributing one-third of GDP. About 75% of Kenya's population of roughly 48.5 million work at least part-time in the agricultural sector, including livestock and pastoral activities. Over 75% of agricultural output is from small-scale, rain-fed farming or livestock production.

What is the economy of Kenya like?

The Economy of Kenya is a market-based economy with a governmalized external trade system and a few state enterprises. Major industries include agriculture, forestry, fishing, mining, manufacturing, energy, tourism and financial services.

What is the growth rate of Kenya?

Kenya GDP Annual Growth Rate. Manufacturing is the second largest sector and represents around 11 percent of the GDP. Other major sectors include: Real Estate (about 8 percent of total GDP), Wholesales and Retail Trade (around 7 percent), Transport and Storage (around 7 percent) , Education (about 7 percent), Financial and Insurance Activity...

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