TOOL · GROSS COST

How much would a basic income cost in Kenya?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 34,616,134child population 20,722,869year 2023World Bank WDI

GROSS ANNUAL COST

431,785 million

in KESKES 431,784,657,600

Equal to 2.9% of reference GDP

Population covered: 55,339,003 people

Adults: 34,616,134 × KES 800 × 12 = KES 332,314,886,400

Children: 20,722,869 × KES 400 × 12 = KES 99,469,771,200

KES 332,314,886,400 + KES 99,469,771,200 = KES 431,784,657,600

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $107,500,884,685 · World Bank WDI

Currency KES · exchange rate 139.8464 KES/USD (2023)

Converted cost $3,087,563,983 for the GDP share.