The new estimates, it is higher by a quarter!
Here is what happened:
Kenya revised its data to take account of expanding industries such as mobile-phone money transfers and informal businesses, while also changing the base year of the figures to 2009 from 2001
- adding expanding industries - good
- adding informal businesses - many countries start doing it (recall that Italy is adding prostitution and drugs to GDP, per EU directive)
- changing the base year - should make no difference.
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