Gross fixed capital formation in Kenya
Kenya: Gross fixed capital formation was 21.59 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
21.59 billion constant 2015 US$
Change on year
up 5.6%
World rank
63rd
of 161 countries
All-time high
21.59 billion constant 2015 US$
in 2025
All-time low
2.10 billion constant 2015 US$
in 1985
Years of data
47
1979–2025
Gross fixed capital formation in Kenya, 1979–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Kenya recorded 21.59 billion constant 2015 US$ for gross fixed capital formation in 2025. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 5.6% on the previous year and up 39.4% over ten years.
Over the whole period, gross fixed capital formation in Kenya peaked at 21.59 billion constant 2015 US$ in 2025 and was at its lowest, 2.10 billion constant 2015 US$, in 1985.
Kenya ranks 63rd of 161 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Kenya, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1979 | 2.97 billion constant 2015 US$ | — |
| 1980 | 2.93 billion constant 2015 US$ | -1.5% |
| 1981 | 3.07 billion constant 2015 US$ | +4.9% |
| 1982 | 2.45 billion constant 2015 US$ | -20.2% |
| 1983 | 2.21 billion constant 2015 US$ | -9.9% |
| 1984 | 2.17 billion constant 2015 US$ | -1.9% |
| 1985 | 2.10 billion constant 2015 US$ | -2.9% |
| 1986 | 2.40 billion constant 2015 US$ | +14.0% |
| 1987 | 2.63 billion constant 2015 US$ | +9.5% |
| 1988 | 2.60 billion constant 2015 US$ | -1.1% |
| 1989 | 2.72 billion constant 2015 US$ | +4.6% |
| 1990 | 2.74 billion constant 2015 US$ | +0.8% |
| 1991 | 2.82 billion constant 2015 US$ | +3.1% |
| 1992 | 2.54 billion constant 2015 US$ | -10.2% |
| 1993 | 2.77 billion constant 2015 US$ | +9.3% |
| 1994 | 3.06 billion constant 2015 US$ | +10.2% |
| 1995 | 3.31 billion constant 2015 US$ | +8.4% |
| 1996 | 3.52 billion constant 2015 US$ | +6.2% |
| 1997 | 3.63 billion constant 2015 US$ | +3.1% |
| 1998 | 3.92 billion constant 2015 US$ | +8.1% |
| 1999 | 3.89 billion constant 2015 US$ | -0.8% |
| 2000 | 4.22 billion constant 2015 US$ | +8.3% |
| 2001 | 4.74 billion constant 2015 US$ | +12.4% |
| 2002 | 4.45 billion constant 2015 US$ | -6.1% |
| 2003 | 4.09 billion constant 2015 US$ | -8.0% |
| 2004 | 4.39 billion constant 2015 US$ | +7.3% |
| 2005 | 5.62 billion constant 2015 US$ | +27.8% |
| 2006 | 7.40 billion constant 2015 US$ | +31.7% |
| 2007 | 7.56 billion constant 2015 US$ | +2.2% |
| 2008 | 8.53 billion constant 2015 US$ | +12.9% |
| 2009 | 9.38 billion constant 2015 US$ | +10.0% |
| 2010 | 10.96 billion constant 2015 US$ | +16.8% |
| 2011 | 11.19 billion constant 2015 US$ | +2.0% |
| 2012 | 12.60 billion constant 2015 US$ | +12.7% |
| 2013 | 12.91 billion constant 2015 US$ | +2.4% |
| 2014 | 15.47 billion constant 2015 US$ | +19.8% |
| 2015 | 15.49 billion constant 2015 US$ | +0.1% |
| 2016 | 14.91 billion constant 2015 US$ | -3.8% |
| 2017 | 16.10 billion constant 2015 US$ | +8.0% |
| 2018 | 16.04 billion constant 2015 US$ | -0.4% |
| 2019 | 16.76 billion constant 2015 US$ | +4.5% |
| 2020 | 17.14 billion constant 2015 US$ | +2.3% |
| 2021 | 19.00 billion constant 2015 US$ | +10.8% |
| 2022 | 18.84 billion constant 2015 US$ | -0.8% |
| 2023 | 19.20 billion constant 2015 US$ | +1.9% |
| 2024 | 20.44 billion constant 2015 US$ | +6.4% |
| 2025 | 21.59 billion constant 2015 US$ | +5.6% |
Kenya compared with similar countries
- Kenya's 21.59 billion constant 2015 US$ is above the median for lower middle income countries, which is 5.11 billion constant 2015 US$, 4.2× the median. (42 countries reporting)
- Kenya's 21.59 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 4.00 billion constant 2015 US$, 5.4× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.97 billion constant 2015 US$ | 2.97 billion constant 2015 US$ | 2.97 billion constant 2015 US$ | 1 |
| 1980s | 2.53 billion constant 2015 US$ | 2.10 billion constant 2015 US$ | 3.07 billion constant 2015 US$ | 10 |
| 1990s | 3.22 billion constant 2015 US$ | 2.54 billion constant 2015 US$ | 3.92 billion constant 2015 US$ | 10 |
| 2000s | 6.04 billion constant 2015 US$ | 4.09 billion constant 2015 US$ | 9.38 billion constant 2015 US$ | 10 |
| 2010s | 14.24 billion constant 2015 US$ | 10.96 billion constant 2015 US$ | 16.76 billion constant 2015 US$ | 10 |
| 2020s | 19.37 billion constant 2015 US$ | 17.14 billion constant 2015 US$ | 21.59 billion constant 2015 US$ | 6 |
Countries ranked near Kenya
- 60 Ukraine 24.00 billion constant 2015 US$ compare
- 61 Slovakia 22.89 billion constant 2015 US$ compare
- 62 Cote d'Ivoire 22.29 billion constant 2015 US$ compare
- 64 Ecuador 20.15 billion constant 2015 US$ compare
- 65 Democratic Republic of Congo 20.06 billion constant 2015 US$ compare
- 66 Croatia 18.16 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$), annual growth rate 23.12 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Kenya?
- Gross fixed capital formation in Kenya was 21.59 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Kenya?
- The highest recorded value was 21.59 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Kenya?
- The lowest recorded value was 2.10 billion constant 2015 US$ in 1985.
- How does Kenya rank for gross fixed capital formation?
- Kenya ranks 63rd out of 161 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Kenya?
- Over the last ten years it is up 39.4%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.