Kenya initiated the process of rebasing and revising the National Accounts Statistics in 2010. The main objectives of the revision was to implement recommendations of 2008 System of National Accounts (2008 SNA), change base year from 2001 to 2009 and, revise the annual and quarterly national accounts statistics for the period 2006 to 2013. In addition, the revision was to include the development of Supply and Use Tables (SUT) as an integral part of the National Accounts Statistics.
Broadly, the revision process involved the use of a wide range of information from surveys, censuses and administrative records. This information was compiled in a coherent and consistent manner to achieve the overall goal of improving National Accounts statistics.
Targeted output from the exercise include revised annual and quarterly national accounts estimates for the period 2006 to 2013 and balanced 2009 Supply and Use Tables (SUT). The results will be released officially on Tuesday 30th September 2014. The function will be held at the KICC.
Launch of the Revised GDP numbers
Previous Post
Leading Economic Indicators July 2014
Next Post
CPI and Inflation Rates for September 2014