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: World Bank – processed by Our World in Data. Measured in %.
Analysis
Kenya recorded 7.3% for annual growth of the gross capital formation in 2024.
That represents a change of up 231.2% 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 167 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% | +73.5% |
| 2006 | 31.5% | +137.7% |
| 2007 | 8.2% | -74.1% |
| 2008 | 14.1% | +73.3% |
| 2009 | 11.1% | -21.6% |
| 2010 | 15.1% | +36.5% |
| 2011 | 3.2% | -78.9% |
| 2012 | 13.1% | +309.4% |
| 2013 | 6.5% | -50.5% |
| 2014 | 17.1% | +163.8% |
| 2015 | -4.1% | -123.8% |
| 2016 | -3.9% | -4.4% |
| 2017 | 12.0% | -407.4% |
| 2018 | -2.3% | -119.5% |
| 2019 | 5.2% | -324.4% |
| 2020 | 2.2% | -57.5% |
| 2021 | 13.4% | +500.4% |
| 2022 | -2.6% | -119.6% |
| 2023 | -5.5% | +110.6% |
| 2024 | 7.3% | -231.2% |
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
- 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0712 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 168.3 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 9.21 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 21,761 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0661 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 156.14 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 15,507 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 12.53 % 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 World Bank – processed by Our World in Data.
- 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 167 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 World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).