Policy Brief No. 05 of 2014 on Rebased Economy and Implications on Kenya's Participation in International Trade

Abstract

he Kenya National Bureau of Statistics completed the exercise of rebasing the economy in September 2014. In this exercise, the old base year of 2001 was replaced with a new one of 2009. The main aim of rebasing an economy is to provide more accurate statistics in terms of the size and structure of the economy. This is done by incorporating new economic activities that were previously not captured.