Adjusted savings: gross savings in Kenya
Kenya: Adjusted savings: gross savings was 16.7% in 2021. ▼ Falling
Adjusted savings: gross savings in Kenya, 1975–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Kenya stood at 16.7%.
The figure is up 8.5% on the previous year and up 128.4% over ten years.
Over the whole period, adjusted savings: gross savings in Kenya peaked at 39.6% in 1993 and was at its lowest, 5.7%, in 2013.
Kenya ranks 127th of 178 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Adjusted savings: gross savings in Kenya, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1975 | 12.6% | — |
| 1976 | 18.2% | +44.0% |
| 1977 | 26.2% | +44.4% |
| 1978 | 18.9% | -28.1% |
| 1979 | 14.8% | -21.6% |
| 1980 | 17.8% | +20.6% |
| 1981 | 20.3% | +14.0% |
| 1982 | 16.8% | -17.2% |
| 1983 | 20.9% | +24.4% |
| 1984 | 18.6% | -11.4% |
| 1985 | 24.8% | +33.8% |
| 1986 | 21.9% | -11.6% |
| 1987 | 18.9% | -13.8% |
| 1988 | 21.0% | +11.0% |
| 1989 | 15.0% | -28.4% |
| 1990 | 19.8% | +31.9% |
| 1991 | 20.3% | +2.3% |
| 1992 | 15.8% | -22.1% |
| 1993 | 39.6% | +150.8% |
| 1994 | 35.6% | -10.2% |
| 1995 | 24.7% | -30.6% |
| 1996 | 16.8% | -32.0% |
| 1997 | 16.5% | -1.8% |
| 1998 | 16.4% | -0.5% |
| 1999 | 18.7% | +14.2% |
| 2000 | 13.0% | -30.5% |
| 2001 | 9.9% | -24.0% |
| 2002 | 8.6% | -12.9% |
| 2003 | 9.6% | +11.2% |
| 2004 | 12.1% | +25.9% |
| 2005 | 13.9% | +15.0% |
| 2006 | 16.1% | +16.1% |
| 2007 | 16.7% | +3.9% |
| 2008 | 15.4% | -7.9% |
| 2009 | 7.6% | -50.8% |
| 2010 | 8.1% | +6.9% |
| 2011 | 7.3% | -10.0% |
| 2012 | 7.3% | +0.1% |
| 2013 | 5.7% | -22.3% |
| 2014 | 6.8% | +20.5% |
| 2015 | 7.6% | +10.4% |
| 2016 | 14.1% | +87.4% |
| 2017 | 13.5% | -4.3% |
| 2018 | 14.7% | +8.5% |
| 2019 | 14.3% | -2.7% |
| 2020 | 15.4% | +7.4% |
| 2021 | 16.7% | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.1% | 12.6% | 26.2% | 5 |
| 1980s | 19.6% | 15.0% | 24.8% | 10 |
| 1990s | 22.4% | 15.8% | 39.6% | 10 |
| 2000s | 12.3% | 7.6% | 16.7% | 10 |
| 2010s | 9.9% | 5.7% | 14.7% | 10 |
| 2020s | 16.0% | 15.4% | 16.7% | 2 |
Countries ranked near Kenya
- 124 Armenia 17.0% compare
- 125 Zimbabwe 16.8% compare
- 126 Costa Rica 16.8% compare
- 128 South Africa 16.5% compare
- 129 Fiji 16.4% compare
- 130 Republic of Moldova 16.4% compare
More economy & growth data for Kenya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.26 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 5.84 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1503 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 355.15 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 6.11 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2176 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 514.09 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 1.77 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 28.13 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Kenya?
- Adjusted savings: gross savings in Kenya was 16.7% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Kenya?
- The highest recorded value was 39.6% in 1993.
- What is the lowest adjusted savings: gross savings recorded in Kenya?
- The lowest recorded value was 5.7% in 2013.
- How does Kenya rank for adjusted savings: gross savings?
- Kenya ranks 127th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Kenya?
- Over the last ten years it is up 128.4%. The long-run trend across the full record is falling.
- Where does this Kenya data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.