Kenya's economy grows by 25% after recalculation

Kenya's economy is believed to be 25% larger than previously estimated following a change in the way its size is calculated. The recalculation means it will now be considered by economists and the World Bank as a middle-income country, rather than a low-income one. As a result growth for 2013 was calculated to have been 5.7%, up from an earlier estimate of 4.7%. It is now the fourth biggest economy in sub-Saharan African. Nigeria, South Africa and Angola are the three biggest economies in the region. Economic output was calculated to be 4.76 trillion shillings ($53.1bn; £32.8bn) in 2013 after rebasing, up from 3.8 trillion shillings, the minister for devolution and planning, Anne Waiguru, said on Tuesday. Agnes Gitau a trade consultant , East Africa Speaks to Business Edition