In 2023, the construction sector in Kenya contributed 5.92% to the GDP. Observing the historical data from 2013 to 2023, the sector showed steady growth from 4.88% in 2013 to 5.92% in 2023. The year-on-year variation from 2022 to 2023 was approximately 1.37%, while the variation from 2021 to 2022 was roughly 1.39%. The CAGR over the past 5 years (2018-2023) was around 1.04%. The forecasted data shows an upward trajectory with the sector's contribution increasing to 6.29% by 2028, implying a 5-year CAGR of 0.95% and a total forecasted growth rate of 4.83% over the period.

Future trends to watch for:

Government infrastructure initiatives and public-private partnerships.
Investment in affordable housing projects.
Technological advancements in construction methods.
Impact of economic policies on foreign direct investment in the construction sector.
Environmental sustainability and green construction practices.