Gross fixed capital formation, Private sector … Private Purchasing in Kenya
Kenya: Gross fixed capital formation, Private sector … Private Purchasing was 17.3 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Kenya, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Kenya is 17.3, measured in 2019.
Compared with earlier readings it is down 1.5% on the previous year and up 36.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Kenya peaked at 20.65 in 2014 and was at its lowest, 2.32, in 1960.
That places Kenya 79th out of 173 countries with data for 2019, 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, Private sector … Private Purchasing in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 2.32 | — |
| 1961 | 2.41 | +4.0% |
| 1962 | 2.51 | +4.0% |
| 1963 | 2.61 | +4.0% |
| 1964 | 2.71 | +4.0% |
| 1965 | 2.82 | +4.0% |
| 1966 | 2.93 | +4.0% |
| 1967 | 3.05 | +4.0% |
| 1968 | 3.17 | +4.0% |
| 1969 | 3.34 | +5.3% |
| 1970 | 3.56 | +6.5% |
| 1971 | 3.95 | +11.1% |
| 1972 | 3.91 | -1.2% |
| 1973 | 3.93 | +0.6% |
| 1974 | 3.61 | -8.2% |
| 1975 | 3.72 | +3.1% |
| 1976 | 3.61 | -2.9% |
| 1977 | 4.23 | +17.1% |
| 1978 | 4.6 | +8.9% |
| 1979 | 4.36 | -5.2% |
| 1980 | 4.5 | +3.1% |
| 1981 | 4.74 | +5.4% |
| 1982 | 3.81 | -19.5% |
| 1983 | 3.48 | -8.8% |
| 1984 | 3.42 | -1.7% |
| 1985 | 3.6 | +5.2% |
| 1986 | 3.93 | +9.3% |
| 1987 | 4.33 | +10.1% |
| 1988 | 4.52 | +4.3% |
| 1989 | 4.65 | +3.0% |
| 1990 | 4.41 | -5.1% |
| 1991 | 4.36 | -1.3% |
| 1992 | 4.19 | -3.7% |
| 1993 | 4.08 | -2.8% |
| 1994 | 4.46 | +9.5% |
| 1995 | 5.63 | +26.0% |
| 1996 | 5.65 | +0.4% |
| 1997 | 5.86 | +3.7% |
| 1998 | 6.54 | +11.7% |
| 1999 | 6.61 | +1.0% |
| 2000 | 7.27 | +10.0% |
| 2001 | 8.19 | +12.6% |
| 2002 | 7.66 | -6.4% |
| 2003 | 6.98 | -8.9% |
| 2004 | 7.52 | +7.7% |
| 2005 | 9.72 | +29.4% |
| 2006 | 11.8 | +21.4% |
| 2007 | 11.83 | +0.2% |
| 2008 | 12.43 | +5.1% |
| 2009 | 12.69 | +2.1% |
| 2010 | 14.13 | +11.3% |
| 2011 | 14.99 | +6.2% |
| 2012 | 16.87 | +12.5% |
| 2013 | 16.72 | -0.9% |
| 2014 | 20.65 | +23.5% |
| 2015 | 20.4 | -1.2% |
| 2016 | 14.06 | -31.1% |
| 2017 | 16.94 | +20.4% |
| 2018 | 17.56 | +3.7% |
| 2019 | 17.3 | -1.5% |
Kenya compared with similar countries
- Kenya's 17.3 is above the median for lower middle income countries, which is 8.1, 2.1× the median. (41 countries reporting)
- Kenya's 17.3 is above the median for Sub-Saharan Africa, which is 3.4, 5.1× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.79 | 2.32 | 3.34 | 10 |
| 1970s | 3.95 | 3.56 | 4.6 | 10 |
| 1980s | 4.1 | 3.42 | 4.74 | 10 |
| 1990s | 5.18 | 4.08 | 6.61 | 10 |
| 2000s | 9.61 | 6.98 | 12.69 | 10 |
| 2010s | 16.96 | 14.06 | 20.65 | 10 |
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)
- SDRs holdings, US dollar, annual growth rate -59.19 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.42 units per person (2025)
- SDRs holdings, SDR, annual growth rate -61.14 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.56 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0204 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Kenya?
- Gross fixed capital formation, private sector, constant prices in Kenya was 17.3 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Kenya?
- The highest recorded value was 20.65 in 2014.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Kenya?
- The lowest recorded value was 2.32 in 1960.
- How does Kenya rank for gross fixed capital formation, private sector, constant prices?
- Kenya ranks 79th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Kenya?
- Over the last ten years it is up 36.3%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.