Gross capital formation in Kenya
Kenya: Gross capital formation was 20.43 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
20.43 billion constant 2015 US$
Change on year
up 5.8%
World rank
64th
of 163 countries
All-time high
20.43 billion constant 2015 US$
in 2025
All-time low
825.61 million constant 2015 US$
in 1962
Years of data
66
1960–2025
Gross capital formation in Kenya, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Kenya recorded 20.43 billion constant 2015 US$ for gross capital formation in 2025. That is the highest value across all 66 years on record.
That represents a change of up 5.8% on the previous year and up 31.8% over ten years.
Over the whole period, gross capital formation in Kenya peaked at 20.43 billion constant 2015 US$ in 2025 and was at its lowest, 825.61 million constant 2015 US$, in 1962.
That places Kenya 64th out of 163 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Kenya, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 1.38 billion constant 2015 US$ | — |
| 1961 | 892.32 million constant 2015 US$ | -35.2% |
| 1962 | 825.61 million constant 2015 US$ | -7.5% |
| 1963 | 986.40 million constant 2015 US$ | +19.5% |
| 1964 | 830.31 million constant 2015 US$ | -15.8% |
| 1965 | 893.74 million constant 2015 US$ | +7.6% |
| 1966 | 1.33 billion constant 2015 US$ | +49.2% |
| 1967 | 1.42 billion constant 2015 US$ | +6.8% |
| 1968 | 2.00 billion constant 2015 US$ | +40.4% |
| 1969 | 2.05 billion constant 2015 US$ | +2.5% |
| 1970 | 2.82 billion constant 2015 US$ | +37.7% |
| 1971 | 2.86 billion constant 2015 US$ | +1.4% |
| 1972 | 2.63 billion constant 2015 US$ | -8.2% |
| 1973 | 3.18 billion constant 2015 US$ | +20.9% |
| 1974 | 3.01 billion constant 2015 US$ | -5.4% |
| 1975 | 2.06 billion constant 2015 US$ | -31.5% |
| 1976 | 2.31 billion constant 2015 US$ | +11.9% |
| 1977 | 3.13 billion constant 2015 US$ | +35.8% |
| 1978 | 3.88 billion constant 2015 US$ | +23.9% |
| 1979 | 2.93 billion constant 2015 US$ | -24.5% |
| 1980 | 3.33 billion constant 2015 US$ | +13.7% |
| 1981 | 3.17 billion constant 2015 US$ | -4.7% |
| 1982 | 2.45 billion constant 2015 US$ | -22.7% |
| 1983 | 2.21 billion constant 2015 US$ | -9.9% |
| 1984 | 2.22 billion constant 2015 US$ | +0.7% |
| 1985 | 2.85 billion constant 2015 US$ | +28.0% |
| 1986 | 2.32 billion constant 2015 US$ | -18.4% |
| 1987 | 2.84 billion constant 2015 US$ | +22.2% |
| 1988 | 2.89 billion constant 2015 US$ | +1.8% |
| 1989 | 3.18 billion constant 2015 US$ | +10.1% |
| 1990 | 2.96 billion constant 2015 US$ | -7.0% |
| 1991 | 2.73 billion constant 2015 US$ | -7.8% |
| 1992 | 2.23 billion constant 2015 US$ | -18.2% |
| 1993 | 2.57 billion constant 2015 US$ | +15.0% |
| 1994 | 2.80 billion constant 2015 US$ | +9.1% |
| 1995 | 3.03 billion constant 2015 US$ | +8.4% |
| 1996 | 3.34 billion constant 2015 US$ | +10.0% |
| 1997 | 3.62 billion constant 2015 US$ | +8.5% |
| 1998 | 4.38 billion constant 2015 US$ | +20.8% |
| 1999 | 4.02 billion constant 2015 US$ | -8.1% |
| 2000 | 4.47 billion constant 2015 US$ | +11.1% |
| 2001 | 5.01 billion constant 2015 US$ | +12.1% |
| 2002 | 3.99 billion constant 2015 US$ | -20.4% |
| 2003 | 4.39 billion constant 2015 US$ | +10.0% |
| 2004 | 4.72 billion constant 2015 US$ | +7.6% |
| 2005 | 5.35 billion constant 2015 US$ | +13.2% |
| 2006 | 7.03 billion constant 2015 US$ | +31.5% |
| 2007 | 7.60 billion constant 2015 US$ | +8.2% |
| 2008 | 8.68 billion constant 2015 US$ | +14.1% |
| 2009 | 9.64 billion constant 2015 US$ | +11.1% |
| 2010 | 11.10 billion constant 2015 US$ | +15.1% |
| 2011 | 11.45 billion constant 2015 US$ | +3.2% |
| 2012 | 12.96 billion constant 2015 US$ | +13.1% |
| 2013 | 13.80 billion constant 2015 US$ | +6.5% |
| 2014 | 16.16 billion constant 2015 US$ | +17.1% |
| 2015 | 15.50 billion constant 2015 US$ | -4.1% |
| 2016 | 14.89 billion constant 2015 US$ | -3.9% |
| 2017 | 16.68 billion constant 2015 US$ | +12.0% |
| 2018 | 16.29 billion constant 2015 US$ | -2.3% |
| 2019 | 17.15 billion constant 2015 US$ | +5.3% |
| 2020 | 17.53 billion constant 2015 US$ | +2.2% |
| 2021 | 19.87 billion constant 2015 US$ | +13.4% |
| 2022 | 19.35 billion constant 2015 US$ | -2.6% |
| 2023 | 18.28 billion constant 2015 US$ | -5.5% |
| 2024 | 19.31 billion constant 2015 US$ | +5.6% |
| 2025 | 20.43 billion constant 2015 US$ | +5.8% |
Kenya compared with similar countries
- Kenya's 20.43 billion constant 2015 US$ is above the median for lower middle income countries, which is 5.34 billion constant 2015 US$, 3.8× the median. (42 countries reporting)
- Kenya's 20.43 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 4.33 billion constant 2015 US$, 4.7× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.26 billion constant 2015 US$ | 825.61 million constant 2015 US$ | 2.05 billion constant 2015 US$ | 10 |
| 1970s | 2.88 billion constant 2015 US$ | 2.06 billion constant 2015 US$ | 3.88 billion constant 2015 US$ | 10 |
| 1980s | 2.75 billion constant 2015 US$ | 2.21 billion constant 2015 US$ | 3.33 billion constant 2015 US$ | 10 |
| 1990s | 3.17 billion constant 2015 US$ | 2.23 billion constant 2015 US$ | 4.38 billion constant 2015 US$ | 10 |
| 2000s | 6.09 billion constant 2015 US$ | 3.99 billion constant 2015 US$ | 9.64 billion constant 2015 US$ | 10 |
| 2010s | 14.60 billion constant 2015 US$ | 11.10 billion constant 2015 US$ | 17.15 billion constant 2015 US$ | 10 |
| 2020s | 19.13 billion constant 2015 US$ | 17.53 billion constant 2015 US$ | 20.43 billion constant 2015 US$ | 6 |
Countries ranked near Kenya
- 61 Kuwait 23.28 billion constant 2015 US$ compare
- 62 Democratic Republic of Congo 21.87 billion constant 2015 US$ compare
- 63 Slovakia 21.86 billion constant 2015 US$ compare
- 65 Belarus 17.86 billion constant 2015 US$ compare
- 66 Angola 17.12 billion constant 2015 US$ compare
- 67 Croatia 16.52 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 417.66 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0035 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7.4 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 463.44 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -8.77 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0038 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8.21 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 23.12 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Kenya?
- Gross capital formation in Kenya was 20.43 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Kenya?
- The highest recorded value was 20.43 billion constant 2015 US$ in 2025.
- What is the lowest gross capital formation recorded in Kenya?
- The lowest recorded value was 825.61 million constant 2015 US$ in 1962.
- How does Kenya rank for gross capital formation?
- Kenya ranks 64th out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Kenya?
- Over the last ten years it is up 31.8%. The long-run trend across the full record is volatile.
- 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 Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.