Gross fixed capital formation in Kenya
Kenya: Gross fixed capital formation was 24.36 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Kenya, 1964–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross fixed capital formation in Kenya stood at 24.36 billion current US$. That is the highest value across all 62 years on record.
That represents a change of up 15.2% on the previous year and up 57.2% over ten years.
Over the whole period, gross fixed capital formation in Kenya peaked at 24.36 billion current US$ in 2025 and was at its lowest, 124.04 million current US$, in 1964.
That places Kenya 69th out of 181 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Kenya, year by year
| Year | current US$ | Change |
|---|---|---|
| 1964 | 124.04 million current US$ | — |
| 1965 | 127.96 million current US$ | +3.2% |
| 1966 | 171.36 million current US$ | +33.9% |
| 1967 | 230.16 million current US$ | +34.3% |
| 1968 | 250.60 million current US$ | +8.9% |
| 1969 | 262.36 million current US$ | +4.7% |
| 1970 | 315.59 million current US$ | +20.3% |
| 1971 | 403.76 million current US$ | +27.9% |
| 1972 | 458.53 million current US$ | +13.6% |
| 1973 | 513.08 million current US$ | +11.9% |
| 1974 | 567.84 million current US$ | +10.7% |
| 1975 | 658.82 million current US$ | +16.0% |
| 1976 | 694.22 million current US$ | +5.4% |
| 1977 | 942.45 million current US$ | +35.8% |
| 1978 | 1.33 billion current US$ | +41.1% |
| 1979 | 1.20 billion current US$ | -10.1% |
| 1980 | 1.33 billion current US$ | +11.4% |
| 1981 | 1.28 billion current US$ | -4.2% |
| 1982 | 1.22 billion current US$ | -4.1% |
| 1983 | 1.08 billion current US$ | -11.5% |
| 1984 | 1.06 billion current US$ | -1.9% |
| 1985 | 1.06 billion current US$ | -0.2% |
| 1986 | 1.42 billion current US$ | +34.2% |
| 1987 | 1.56 billion current US$ | +10.1% |
| 1988 | 1.71 billion current US$ | +9.2% |
| 1989 | 1.61 billion current US$ | -5.7% |
| 1990 | 1.77 billion current US$ | +9.8% |
| 1991 | 1.55 billion current US$ | -12.4% |
| 1992 | 1.36 billion current US$ | -12.3% |
| 1993 | 974.22 million current US$ | -28.4% |
| 1994 | 1.35 billion current US$ | +38.5% |
| 1995 | 1.93 billion current US$ | +43.4% |
| 1996 | 1.93 billion current US$ | -0.3% |
| 1997 | 2.02 billion current US$ | +4.7% |
| 1998 | 2.21 billion current US$ | +9.5% |
| 1999 | 2.01 billion current US$ | -9.0% |
| 2000 | 2.12 billion current US$ | +5.6% |
| 2001 | 2.36 billion current US$ | +11.0% |
| 2002 | 2.27 billion current US$ | -3.9% |
| 2003 | 2.36 billion current US$ | +4.2% |
| 2004 | 2.62 billion current US$ | +10.9% |
| 2005 | 3.50 billion current US$ | +33.9% |
| 2006 | 5.02 billion current US$ | +43.2% |
| 2007 | 6.38 billion current US$ | +27.2% |
| 2008 | 6.77 billion current US$ | +6.1% |
| 2009 | 7.74 billion current US$ | +14.4% |
| 2010 | 9.47 billion current US$ | +22.2% |
| 2011 | 9.71 billion current US$ | +2.5% |
| 2012 | 12.17 billion current US$ | +25.4% |
| 2013 | 12.82 billion current US$ | +5.3% |
| 2014 | 16.31 billion current US$ | +27.2% |
| 2015 | 15.49 billion current US$ | -5.0% |
| 2016 | 14.51 billion current US$ | -6.3% |
| 2017 | 16.32 billion current US$ | +12.5% |
| 2018 | 17.61 billion current US$ | +7.9% |
| 2019 | 19.03 billion current US$ | +8.1% |
| 2020 | 19.45 billion current US$ | +2.2% |
| 2021 | 21.60 billion current US$ | +11.0% |
| 2022 | 21.29 billion current US$ | -1.4% |
| 2023 | 18.77 billion current US$ | -11.8% |
| 2024 | 21.15 billion current US$ | +12.6% |
| 2025 | 24.36 billion current US$ | +15.2% |
Kenya compared with similar countries
- Kenya's 24.36 billion current US$ is above the median for lower middle income countries, which is 5.47 billion current US$, 4.5× the median. (45 countries reporting)
- Kenya's 24.36 billion current US$ is above the median for Sub-Saharan Africa, which is 4.33 billion current US$, 5.6× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 194.41 million current US$ | 124.04 million current US$ | 262.36 million current US$ | 6 |
| 1970s | 707.95 million current US$ | 315.59 million current US$ | 1.33 billion current US$ | 10 |
| 1980s | 1.33 billion current US$ | 1.06 billion current US$ | 1.71 billion current US$ | 10 |
| 1990s | 1.71 billion current US$ | 974.22 million current US$ | 2.21 billion current US$ | 10 |
| 2000s | 4.11 billion current US$ | 2.12 billion current US$ | 7.74 billion current US$ | 10 |
| 2010s | 14.34 billion current US$ | 9.47 billion current US$ | 19.03 billion current US$ | 10 |
| 2020s | 21.10 billion current US$ | 18.77 billion current US$ | 24.36 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$), annual growth rate 23.12 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Kenya?
- Gross fixed capital formation in Kenya was 24.36 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Kenya?
- The highest recorded value was 24.36 billion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Kenya?
- The lowest recorded value was 124.04 million current US$ in 1964.
- How does Kenya rank for gross fixed capital formation?
- Kenya ranks 69th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Kenya?
- Over the last ten years it is up 57.2%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.