We r getting there don't worry by 2020 that gap will rise considering we will be growing over 7.1%. We grew 6.9-7% in 2017.A 0.7 difference is not that impressive considering Tanzania has a bigger population than Kenya and the GDP per capita is still lower.
I was thinking the same or Kenya has over-rebased her GDP. I serious doubt if Kenya’s GDP is above $70bln! Time will tell...Actually there is a need to rebase the Tanzanian GDP or their government is deliberately undervalueing their currency(Tsh) the way china does to promote their exports.
And since Tz exports are almost twice what kenya exports which has a larger GDP.
Hard to belive that Kenya(middle income) can get thrashed in both GDP (PPP) AND GNI by a LDC
There is no way 1 ksh= 22 Tsh! Just like there is no way 1 yuan = 14 ksh!I was thinking the same or Kenya has over-rebased her GDP. I serious doubt if Kenya’s GDP is above $70bln! Time will tell...
it is a huge advancement for Tanzania economy, remember this is for the first time.A 0.7 difference is not that impressive considering Tanzania has a bigger population than Kenya and the GDP per capita is still lower.
the last time but the start of new race towards the middle economyand the last time
Nani ni dikteta?Hakuna utawala wowote wa kidekteta ambao uliwahi kuboresha maisha ya wananchi wake. sanasana mnadanganywa na hao madikteta kwa slogan zao za maisha bora kwa kila mtu na nyie kwa ujinga mnasema zidumu fikira za...............
????//????Nani ni dikteta?
I was thinking the same or Kenya has over-rebased her GDP. I serious doubt if Kenya’s GDP is above $70bln! Time will tell...
I was thinking the same or Kenya has over-rebased her GDP. I serious doubt if Kenya’s GDP is above $70bln! Time will tell...
Hakuna utawala wowote wa kidekteta ambao uliwahi kuboresha maisha ya wananchi wake. sanasana mnadanganywa na hao madikteta kwa slogan zao za maisha bora kwa kila mtu na nyie kwa ujinga mnasema zidumu fikira za...............
Why are you still talking about GDP andd GDP growth rate... I think we have established that it doesnt really matter in this case.. GNI is about the real people... Like the value of what they produce, own..etc.. Like for example if you have a shamba and you produce maize or milk and sell to your neigbours and consume the rest..That might not be reflected in your GDP but with GNI you are considered rich based of how much you produce....We r getting there don't worry by 2020 that gap will rise considering we will be growing over 7.1%. We grew 6.9-7% in 2017.
While Kenya’s GDP growth is likely to be in the range of 5-6% in the next two years, that is 2018 and 2019, that of Tanzania is projected to be in the region of 6.5 and 7.5%.
Tanzania ranks with Rwanda in terms of the economic growth rate for the next two years.
Kenya and Tanzania Can Weather Economic Shocks
And yet an average Kenyan lives longer than an average Tanzanian!Lets just use common sense, a person with no food and no job cant be expected to be around longer than some one with excess food and a job