Kenya Consumer Spending
Kenya · Annual series · EC-KE-CS
Latest, 2025
8.44T KES
+4.7% from 2024
Forecast
Forecast for 2028: 9.78T KES, with an 80% interval of 8.82T KES to 12.01T KES.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| 2026 | 8.84T KES | 8.55T KES | 9.35T KES |
| 2027 | 9.25T KES | 8.87T KES | 10.05T KES |
| 2028 | 9.78T KES | 8.82T KES | 12.01T KES |
AI confidence
Supported evidenceThe point forecast beat the no-change baseline overall and in a majority of the evaluated tests.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +40%Beats the no-change baseline over 12 tests (12 tests, 12 won)
- Direction
- 97%Beats a coin flip (35 of 36 calls right in 12 tests)
- Turning points
- n/aToo few tests (1 turn, 8 needed) (1 turn in 12 tests, 11 without a turn)
- Error vs baseline
- 40% lowerError ratio 0.60; 1.00 is a tie.
- Tests won
- 12 / 12Complete rolling backtests; ties count as no win.
- Test period
- 1990-12-01 to 2025-12-013 observations ahead per test.
- 80% band coverage
- 92%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- The 80% band held more than expected outcomes; interpret its width with care.
- Evaluated 2026-11-15 against the cached history through 2025-12-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
That is the highest of the 10 readings since 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| 2025 | 8.44T KES |
| 2024 | 8.06T KES |
| 2023 | 7.59T KES |
| 2022 | 7.13T KES |
| 2021 | 6.91T KES |
| 2020 | 6.49T KES |
| 2019 | 6.60T KES |
| 2018 | 6.28T KES |
| 2017 | 5.98T KES |
| 2016 | 5.70T KES |
| 2015 | 5.45T KES |
| 2014 | 5.14T KES |
| 2013 | 4.93T KES |
| 2012 | 4.64T KES |
| 2011 | 2.35T KES |
| 2010 | 1.98T KES |
| 2009 | 1.85T KES |
| 2008 | 1.58T KES |
| 2007 | 1.38T KES |
| 2006 | 1.22T KES |
| 2005 | 1.07T KES |
| 2004 | 962.40B KES |
| 2003 | 872.79B KES |
| 2002 | 813.93B KES |
Source
Data: public market data feeds.
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