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Poverty in Kenya information


Kenya is a upper-middle income economy as of 2024 , with kenya's GDP 2024 hitting [[204.6B $]]. This is Due to increasing technology innovation Services. Although Kenya's economy is the largest and most developed in eastern and Central Africa, 16.1% (2023/2024) of its population lives below the international poverty line.[1] This severe poverty is mainly caused by economic inequality, government corruption and health problems. In turn, poverty also worsens these factors. The Kenyan government's efforts to address poverty have received help from international institutions as well. The incident rate of poverty has steadily decreased, as shown by a recent MPI index.[2]

  1. ^ 10 percent population living below poverty line: World bank report. (2019). Business Recorder
  2. ^ "Global MPI 2017/2018 | OPHI". ophi.org.uk. Retrieved 2018-10-18.

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