Adjusted savings: net national savings in Kenya
Kenya: Adjusted savings: net national savings was 5.5% in 2021. ◆ Volatile
Adjusted savings: net national savings in Kenya, 1975–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Kenya recorded 5.5% for adjusted savings: net national savings in 2021.
Compared with earlier readings it is up 62.0% on the previous year and up 209.0% over ten years.
Over the whole period, adjusted savings: net national savings in Kenya peaked at 25.9% in 1993 and was at its lowest, -7.2%, in 2013.
Kenya ranks 117th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Kenya, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1975 | -1.5% | — |
| 1976 | 3.7% | -349.6% |
| 1977 | 12.6% | +238.7% |
| 1978 | 5.5% | -56.6% |
| 1979 | 0.9% | -83.8% |
| 1980 | 4.1% | +361.3% |
| 1981 | 6.4% | +56.6% |
| 1982 | 3.1% | -50.9% |
| 1983 | 8.1% | +158.0% |
| 1984 | 6.5% | -19.3% |
| 1985 | 13.0% | +99.3% |
| 1986 | 10.5% | -19.5% |
| 1987 | 7.4% | -29.6% |
| 1988 | 9.3% | +26.6% |
| 1989 | 3.1% | -66.8% |
| 1990 | 7.7% | +146.8% |
| 1991 | 7.7% | +0.4% |
| 1992 | 2.5% | -67.2% |
| 1993 | 25.9% | +926.1% |
| 1994 | 22.1% | -14.6% |
| 1995 | 10.1% | -54.3% |
| 1996 | 1.7% | -82.7% |
| 1997 | 1.6% | -9.6% |
| 1998 | 1.5% | -2.5% |
| 1999 | 3.3% | +112.1% |
| 2000 | -2.4% | -173.1% |
| 2001 | -5.3% | +121.4% |
| 2002 | -6.8% | +28.4% |
| 2003 | -6.0% | -10.9% |
| 2004 | -3.3% | -45.1% |
| 2005 | -0.6% | -81.8% |
| 2006 | 2.4% | -500.1% |
| 2007 | 3.5% | +44.2% |
| 2008 | 2.5% | -27.2% |
| 2009 | -5.0% | -299.2% |
| 2010 | -4.6% | -9.7% |
| 2011 | -5.1% | +11.3% |
| 2012 | -4.9% | -3.3% |
| 2013 | -7.2% | +46.8% |
| 2014 | -6.8% | -5.4% |
| 2015 | -6.0% | -12.5% |
| 2016 | 1.9% | -132.7% |
| 2017 | 0.8% | -57.8% |
| 2018 | 1.6% | +100.1% |
| 2019 | 2.4% | +48.3% |
| 2020 | 3.4% | +39.9% |
| 2021 | 5.5% | +62.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.2% | -1.5% | 12.6% | 5 |
| 1980s | 7.2% | 3.1% | 13.0% | 10 |
| 1990s | 8.4% | 1.5% | 25.9% | 10 |
| 2000s | -2.1% | -6.8% | 3.5% | 10 |
| 2010s | -2.8% | -7.2% | 2.4% | 10 |
| 2020s | 4.5% | 3.4% | 5.5% | 2 |
Countries ranked near Kenya
- 114 Finland 6.2% compare
- 115 Bosnia and Herzegovina 5.8% compare
- 116 Malaysia 5.5% compare
- 118 Montenegro 5.1% compare
- 119 Marshall Islands 5.1% compare
- 120 France 4.9% 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)
- Exports of goods and services (current LCU), annual growth rate 1.28 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 20.38 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 48,163 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.1179 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1356 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 320.4 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 15.17 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1792 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Kenya?
- Adjusted savings: net national savings in Kenya was 5.5% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Kenya?
- The highest recorded value was 25.9% in 1993.
- What is the lowest adjusted savings: net national savings recorded in Kenya?
- The lowest recorded value was -7.2% in 2013.
- How does Kenya rank for adjusted savings: net national savings?
- Kenya ranks 117th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Kenya?
- Over the last ten years it is up 209.0%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.