Quick Answer: What is the median income in Kenya?

Kenya Average Wage Earnings data is updated yearly, averaging 530,262.400 KES from Jun 2008 to 2019, with 12 observations. The data reached an all-time high of 778,248.000 KES in 2019 and a record low of 366,613.600 KES in 2008.

What is the average salary in Kenya?

What is the average salary in Kenya? A person working in Kenya typically earns a gross salary of $1,436/month, which includes basic pay and other benefits like housing, transport, and so on. The average net salary (after tax), on the other hand, is about $359.30/month, while the average hourly wage is $8.28.

What is the average annual income in Kenya in dollars?

Kenya Monthly Earnings stood at 641 USD in Jun 2019, compared with the previous figure of 586 USD in Jun 2018. Kenya Monthly Earnings data is updated yearly, available from Jun 1997 to Jun 2019, with an average number of 416 USD.

What is the average per capita income in Kenya?

In 2019, the GDP per capita in Kenya amounted to around 2,004.42 U.S. dollars.

Characteristic GDP per capita in U.S. dollars
2020* 2,039.05
2019 2,004.42
2018 1,888.2
2017 1,737.8
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What is middle class in Kenya?

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The measure of a robust economy is defined by a growing middle class, the aspirational citizens. According to the Kenya National Bureau of Statistics (KNBS), a middle-class Kenyan is anyone who spends between Sh23,670 and Sh199,999 a month.

How much is a good salary in Kenya?

A person working in Kenya typically earns around 147,000 KES per month. Salaries range from 37,100 KES (lowest average) to 656,000 KES (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

How expensive is it to live in Kenya?

The prices all depend on the quality of life that you demand. 2018 figures from Numbeo show that a four-person family living in Nairobi can expect to spend Ksh193,854.79 a month simply on living costs — this figure doesn’t include rent or mortgage expenses. Kenya’s fast broadband service costs Khs5,507.69 a month.

How much does it cost to construct a house in Kenya?

The average cost of construction in Kenya is about Sh35,000 per square metre for a modest dwelling in major towns, while a high-end home costs upwards of Sh60,000 per square metre. The internal and external features of a house are key determinants of building costs.

What is Kenya main source of income?

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

Is Kenya rich or poor?

Kenya is a lower-middle income economy. Although Kenya’s economy is the largest and most developed in eastern and central Africa, 36.1% (2015/2016) of its population lives below the international poverty line. This severe poverty is mainly caused by economic inequality, government corruption and health problems.

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Which country has the highest GDP?

According to the International Monetary Fund, these are the highest ranking countries in the world in nominal GDP:

  • United States (GDP: 20.49 trillion)
  • China (GDP: 13.4 trillion)
  • Japan: (GDP: 4.97 trillion)
  • Germany: (GDP: 4.00 trillion)
  • United Kingdom: (GDP: 2.83 trillion)
  • France: (GDP: 2.78 trillion)
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