International scene
Domestic Economy
•Highlights of the country’s economic performance in 2020
•Highlights of Social Sector Statistics
•Revision and Rebasing of National accounts
•Economic Performance
Economic Outlook
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National accounts are a set of macroeconomic statistics which are key in understanding the workings of an economy. They are crucial for macroeconomic analysis, important for decision making in economic planning and are also used for international comparability. They provide information on the economic transactions between different economic agen
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World real GDP contracted by 4.2 per cent in 2020 compared to a growth of 2.7 per cent
in 2019. The contraction was mainly attributed to slowdown in economic activities due to
emergence of the Coronavirus Disease 2019 (COVID-19). Real GDP in Advanced Economies
is estimated to have contracted by 5.8 per cent in the period under
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National accounts are a set of macroeconomic statistics which are key in understanding the workings of an economy and crucial for macroeconomic analysis and decision making. They provide information on the economic transactions between different economic agents in an economy and also with the rest of the world and are used for international comp
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In 2017, the Kenya National Bureau of Statistics initiated the process of revising and rebasing the National Accounts. The main objectives of the revision were to further implementation of recommendations of the international 2008 System of National Accounts (2008 SNA), change the base year from 2009 to 2016, and revise the annual and quarterly
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