Does the Kenyan middle class exist and how large is it?
<p>It’s time to get down with this question, does Kenya have a middle class? If it exists, how big is it, and what are its prospects? Depending on who you ask, people provide many answers to the middle-class question. The World Bank, for example, ranks Kenya as a <a href="https://data.worldbank.org/?locations=KE-XN" rel="noopener ugc nofollow" target="_blank">lower-middle-income</a> nation. Furthermore, the country’s GDP per capita in US$ is 2099.3.</p>
<p>These figures might be promising but don’t answer the middle-class question. Despite the low-middle-income status, the country is not out of the woods yet, with a poverty headcount ratio of 29.4%. That is the percentage of people in the country who live on less than $2.15 a day at 2017 PP-adjusted prices.</p>
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