Summary of Kenya's Economy

Economic Summary of Kenya Kenya’s economy is quite diverse. Even though Kenya is one of the fastest growing countries in Africa, its economy has not developed much recently. Agriculture is its largest mean of revenue. Kenya exports several different kinds of produce, and in return receives machinery and equipment. Unemployment is very common because of the slow economy. Even though Kenya’s economy has been slow, it still serves as a trade country today. …

…unemployment and budget deficits. Over the years, Kenya has had a strong economy, but has stumbled in the recent years. Its exports and imports are the backbone of the economy. Due to the slow economy, unemployment rates are very high. Agriculture and industries are Kenya’s limited sources of revenue. Overall, Kenya’s economy is very diverse, but it will need a significant change to help it become a major trading country in the world.