Gross capital formation in Kenya
Kenya: Gross capital formation was 23.05 billion current US$ in 2025. ◆ Volatile
Gross capital formation in Kenya, 1964–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, gross capital formation in Kenya stood at 23.05 billion current US$. That is the highest value across all 62 years on record.
That represents a change of up 16.2% on the previous year and up 48.7% over ten years.
Over the whole period, gross capital formation in Kenya peaked at 23.05 billion current US$ in 2025 and was at its lowest, 130.48 million current US$, in 1964.
Kenya ranks 73rd of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Kenya, year by year
| Year | current US$ | Change |
|---|---|---|
| 1964 | 130.48 million current US$ | — |
| 1965 | 143.64 million current US$ | +10.1% |
| 1966 | 216.72 million current US$ | +50.9% |
| 1967 | 248.64 million current US$ | +14.7% |
| 1968 | 271.32 million current US$ | +9.1% |
| 1969 | 282.52 million current US$ | +4.1% |
| 1970 | 391.19 million current US$ | +38.5% |
| 1971 | 425.32 million current US$ | +8.7% |
| 1972 | 470.29 million current US$ | +10.6% |
| 1973 | 647.60 million current US$ | +37.7% |
| 1974 | 764.93 million current US$ | +18.1% |
| 1975 | 591.24 million current US$ | -22.7% |
| 1976 | 703.39 million current US$ | +19.0% |
| 1977 | 1.07 billion current US$ | +51.6% |
| 1978 | 1.58 billion current US$ | +48.2% |
| 1979 | 1.13 billion current US$ | -28.4% |
| 1980 | 1.78 billion current US$ | +57.5% |
| 1981 | 1.57 billion current US$ | -11.8% |
| 1982 | 1.41 billion current US$ | -10.5% |
| 1983 | 1.25 billion current US$ | -11.0% |
| 1984 | 1.23 billion current US$ | -2.0% |
| 1985 | 1.55 billion current US$ | +26.7% |
| 1986 | 1.58 billion current US$ | +1.4% |
| 1987 | 1.94 billion current US$ | +22.9% |
| 1988 | 2.13 billion current US$ | +9.8% |
| 1989 | 2.06 billion current US$ | -3.2% |
| 1990 | 2.07 billion current US$ | +0.6% |
| 1991 | 1.71 billion current US$ | -17.5% |
| 1992 | 1.39 billion current US$ | -18.7% |
| 1993 | 1.01 billion current US$ | -27.1% |
| 1994 | 1.38 billion current US$ | +36.2% |
| 1995 | 1.97 billion current US$ | +43.1% |
| 1996 | 1.81 billion current US$ | -8.4% |
| 1997 | 1.99 billion current US$ | +9.9% |
| 1998 | 2.35 billion current US$ | +18.5% |
| 1999 | 2.00 billion current US$ | -14.9% |
| 2000 | 2.21 billion current US$ | +10.5% |
| 2001 | 2.44 billion current US$ | +10.3% |
| 2002 | 1.99 billion current US$ | -18.4% |
| 2003 | 2.46 billion current US$ | +23.4% |
| 2004 | 2.73 billion current US$ | +11.1% |
| 2005 | 3.31 billion current US$ | +21.1% |
| 2006 | 4.81 billion current US$ | +45.5% |
| 2007 | 6.54 billion current US$ | +35.9% |
| 2008 | 7.04 billion current US$ | +7.7% |
| 2009 | 8.05 billion current US$ | +14.4% |
| 2010 | 9.66 billion current US$ | +19.9% |
| 2011 | 10.26 billion current US$ | +6.2% |
| 2012 | 12.52 billion current US$ | +22.0% |
| 2013 | 13.82 billion current US$ | +10.4% |
| 2014 | 17.04 billion current US$ | +23.3% |
| 2015 | 15.50 billion current US$ | -9.0% |
| 2016 | 14.48 billion current US$ | -6.6% |
| 2017 | 16.95 billion current US$ | +17.1% |
| 2018 | 17.87 billion current US$ | +5.4% |
| 2019 | 19.41 billion current US$ | +8.7% |
| 2020 | 19.78 billion current US$ | +1.9% |
| 2021 | 22.37 billion current US$ | +13.1% |
| 2022 | 21.81 billion current US$ | -2.5% |
| 2023 | 17.81 billion current US$ | -18.3% |
| 2024 | 19.84 billion current US$ | +11.4% |
| 2025 | 23.05 billion current US$ | +16.2% |
Kenya compared with similar countries
- Kenya's 23.05 billion current US$ is above the median for lower middle income countries, which is 5.91 billion current US$, 3.9× the median. (45 countries reporting)
- Kenya's 23.05 billion current US$ is above the median for Sub-Saharan Africa, which is 4.76 billion current US$, 4.8× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 215.55 million current US$ | 130.48 million current US$ | 282.52 million current US$ | 6 |
| 1970s | 777.06 million current US$ | 391.19 million current US$ | 1.58 billion current US$ | 10 |
| 1980s | 1.65 billion current US$ | 1.23 billion current US$ | 2.13 billion current US$ | 10 |
| 1990s | 1.77 billion current US$ | 1.01 billion current US$ | 2.35 billion current US$ | 10 |
| 2000s | 4.16 billion current US$ | 1.99 billion current US$ | 8.05 billion current US$ | 10 |
| 2010s | 14.75 billion current US$ | 9.66 billion current US$ | 19.41 billion current US$ | 10 |
| 2020s | 20.78 billion current US$ | 17.81 billion current US$ | 23.05 billion current US$ | 6 |
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)
- 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$), annual growth rate 23.12 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Kenya?
- Gross capital formation in Kenya was 23.05 billion current US$ 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 23.05 billion current US$ in 2025.
- What is the lowest gross capital formation recorded in Kenya?
- The lowest recorded value was 130.48 million current US$ in 1964.
- How does Kenya rank for gross capital formation?
- Kenya ranks 73rd out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Kenya?
- Over the last ten years it is up 48.7%. 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.