Annual growth of the gross capital formation (%) in Kenya
Kenya: Annual growth of the gross capital formation (%) was 7.3% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Kenya, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Kenya is 7.3%, measured in 2024.
That represents a change of up 231.3% on the previous year and down 57.5% over ten years.
Over the whole period, annual growth of the gross capital formation in Kenya peaked at 31.5% in 2006 and was at its lowest, -20.4%, in 2002.
Kenya ranks 48th of 175 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.
Annual growth of the gross capital formation (%) in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 11.1% | — |
| 2001 | 12.1% | +9.1% |
| 2002 | -20.4% | -268.1% |
| 2003 | 10.0% | -149.1% |
| 2004 | 7.6% | -23.8% |
| 2005 | 13.2% | +73.6% |
| 2006 | 31.5% | +137.7% |
| 2007 | 8.2% | -74.1% |
| 2008 | 14.1% | +73.3% |
| 2009 | 11.1% | -21.5% |
| 2010 | 15.1% | +36.5% |
| 2011 | 3.2% | -78.9% |
| 2012 | 13.1% | +309.8% |
| 2013 | 6.5% | -50.4% |
| 2014 | 17.1% | +163.6% |
| 2015 | -4.1% | -123.8% |
| 2016 | -3.9% | -4.4% |
| 2017 | 12.0% | -407.4% |
| 2018 | -2.3% | -119.5% |
| 2019 | 5.3% | -324.5% |
| 2020 | 2.2% | -57.6% |
| 2021 | 13.4% | +501.8% |
| 2022 | -2.6% | -119.7% |
| 2023 | -5.5% | +110.2% |
| 2024 | 7.3% | -231.3% |
Kenya compared with similar countries
- Kenya's 7.3% is above the median for lower middle income countries, which is 2.8%, 2.6× the median. (38 countries reporting)
- Kenya's 7.3% is above the median for Sub-Saharan Africa, which is 6.1%, 1.2× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.9% | -20.4% | 31.5% | 10 |
| 2010s | 6.2% | -4.1% | 17.1% | 10 |
| 2020s | 2.9% | -5.5% | 13.4% | 5 |
Countries ranked near Kenya
More economy & growth data for Kenya
- Real gdp growth, annual growth rate -17.4 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -59.19 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.42 units per person (2025)
- SDRs holdings, SDR, annual growth rate -61.14 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.56 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Kenya?
- Annual growth of the gross capital formation in Kenya was 7.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Kenya?
- The highest recorded value was 31.5% in 2006.
- What is the lowest annual growth of the gross capital formation recorded in Kenya?
- The lowest recorded value was -20.4% in 2002.
- How does Kenya rank for annual growth of the gross capital formation?
- Kenya ranks 48th out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Kenya?
- Over the last ten years it is down 57.5%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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