New global ranking rattles Kenya's economic growth record

Kenya lags behind the region in creating inclusive economic growth despite years of robust wealth creation. New data from the World Economic Forum (WEF) released at the opening of this year’s global meeting in Davos yesterday indicates that Kenya’s wealth creation over the past decade has left a majority of the citizens behind.

Kenya is ranked 65th out of 109 on the inclusive growth and development index (IDI), a new measure for growth championed by the WEF to provide a more accurate picture of economic development than Gross Domestic Product (GDP) growth. “This new global index conveys a more integrated sense of the relative state of economic development – and recent performance – than conventional rankings based on GDP per capita alone,” explained the WEF in part.