Gross national savings — all countries

Gross national savings — Kenya

Gross national savings in Kenya in 2024 — 15.6%. Ranked 112 in the world out of 146. Since 1975, the indicator has risen by 3.3 pp.

2024 15.6% −0.4 pp vs 2023
World rank 112of 146
Period maximum 37.2%1993
Period minimum 5%2013

Trend over time

1975–2024 · % of GDP

Gross national savings — Kenya, 1975–2024010203040197519801985199019952000200520102015202020241975: 12.3%1976: 17.4%1977: 25.3%1978: 18.2%1979: 14.3%1980: 17.3%1981: 19.7%1982: 16.2%1983: 20.3%1984: 17.9%1985: 24%1986: 21.2%1987: 18.3%1988: 20.2%1989: 14.6%1990: 19%1991: 19.4%1992: 15.1%1993: 37.2%1994: 33.8%1995: 23.8%1996: 16.5%1997: 16.3%1998: 16.3%1999: 18.5%2000: 12.9%2001: 9.8%2002: 8.5%2003: 9.5%2004: 12%2005: 13.9%2006: 16.1%2007: 16.7%2008: 15.4%2009: 6.6%2010: 7.1%2011: 6.5%2012: 6.5%2013: 5%2014: 6.1%2015: 6.8%2016: 14%2017: 13.3%2018: 14.5%2019: 14.1%2020: 15.3%2021: 16.5%2022: 16.3%2023: 16%2024: 15.6%
Change over the period: +3.3 pp Annual average: 0.07 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Kenya

Kenya 15.6%
World 26.1%
Sub-Saharan Africa computed 17.6%
Eastern Africa computed 20.5%
Gross national savings — Kenya, by year Kenya All countries CSV XLSX
Year % Change, pp
2024 15.6 −0.4 pp
2023 16 −0.3 pp
2022 16.3 −0.3 pp
2021 16.5 +1.2 pp
2020 15.3 +1.3 pp
2019 14.1 −0.4 pp
2018 14.5 +1.2 pp
2017 13.3 −0.7 pp
2016 14 +7.2 pp
2015 6.8 +0.7 pp
2014 6.1 +1.1 pp
2013 5 −1.5 pp
2012 6.5 −0 pp
2011 6.5 −0.6 pp
2010 7.1 +0.5 pp
2009 6.6 −8.8 pp
2008 15.4 −1.3 pp
2007 16.7 +0.6 pp
2006 16.1 +2.2 pp
2005 13.9 +1.9 pp
2004 12 +2.5 pp
2003 9.5 +0.9 pp
2002 8.5 −1.2 pp
2001 9.8 −3.1 pp
2000 12.9 −5.6 pp
1999 18.5 +2.2 pp
1998 16.3 −0 pp
1997 16.3 −0.2 pp
1996 16.5 −7.3 pp
1995 23.8 −10 pp
1994 33.8 −3.4 pp
1993 37.2 +22 pp
1992 15.1 −4.2 pp
1991 19.4 +0.4 pp
1990 19 +4.4 pp
1989 14.6 −5.6 pp
1988 20.2 +1.9 pp
1987 18.3 −3 pp
1986 21.2 −2.8 pp
1985 24 +6 pp
1984 17.9 −2.3 pp
1983 20.3 +4.1 pp
1982 16.2 −3.5 pp
1981 19.7 +2.4 pp
1980 17.3 +3 pp
1979 14.3 −3.9 pp
1978 18.2 −7.1 pp
1977 25.3 +7.9 pp
1976 17.4 +5.2 pp
1975 12.3

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.