According to the maiden, County Gross Domestic Product report, some counties with small contribution to the national cake have faster growths and therefore have potential for catching up.
The report notes that there are many investment opportunities for private sector at the county level.
Speaking during the launch of the report in Nairobi, treasury cabinet secretary, Henry Rotich, noted that the intention of the report is to promote evidence based economic planning, programming and policymaking in Kenya.
“In particular the estimates could be used; to inform County Integrated Development Plans; in estimation of revenue potential for each county; as an indicator for county investment potential; and to inform counties economic progress,” noted the report.
He noted that the report presents important details on the structure of county economies that can inform decision making for reducing poverty and promoting inclusive growth.
“Information on economic performance of the counties will provide a key input in determination of the revenue potential of the counties, priority sectors that can steer accelerated development, areas that need targeted intervention as well as identification of quick wins that can be implemented with relative ease and still achieve desirable results,” he added.
According to the report, there is a large disparity in the county shares of GDP, while Industrial activities are concentrated in counties that are home to large urban/commercial centres such as Nairobi and Mombasa Counties.