The generation of Kenyans born between 1997 and 2012 – the Gen-Zs – have borne the brunt of the country’s slow economic growth. If a country has slow economic growth, it typically experiences higher unemployment rates, reduced income levels and decreased investments. It leads to an overall lower living standard.
Over the last 10 years, between 2013 and 2023, Kenya’s average growth rate has been 4.52%. This is less than half of the 10% growth rate that President Mwai Kibaki had envisaged in Vision 2030.
The national development plan’s goal was to transform Kenya into a middle income country providing a high quality of life to all its citizens by the year 2030. But Kenya is still far from it.
