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Kenya's Economy Bounces Back with 9.9% GDP Growth in Q3 2021

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 1 January 2022.

Kenya's economy has made a remarkable recovery from the effects of the COVID-19 pandemic, with the country's real GDP growing by 9.9% in the third quarter of 2021, according to the Kenya National Bureau of Statistics (KNBS).

As reported in the Quarterly Gross Domestic Product Report, the easing of containment measures led to a rebound in growth, with key sectors such as education, accommodation and food serving activities, transportation and storage, manufacturing, and insurance activities driving the impressive growth.

According to Treasury Cabinet Secretary Ukur Yatani, the sectors that contributed to the growth include education (64.7%), accommodation and food serving activities (24.8%), manufacturing (13%), transportation and storage (9.5%), and insurance activities (6.7%).

Yatani noted that the 9.9% real GDP growth is a testament to the economy's recovery from the pandemic and a demonstration of the government's interventions working for the good of the people.

He expressed gratitude to Kenyans for their hard work and resilience, saying, 'The 9.9% real GDP growth is testament that the economy is recovering from the effects of the COVID-19 pandemic, and that the Government's interventions are working for the good of our people. I thank Kenyans for their hard work and resilience.'

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