Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Kenya

Kenya: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 18.74 % in 2024. ▲ Rising

Latest (2024)
18.74 %
Change on year
down 2.3%
World rank
151st
of 203 countries
All-time high
24.01 %
in 1971
All-time low
9.9 %
in 1993
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Kenya, 1970–2024

0510152025197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for gross fixed capital formation — share of gdp us$, 2015 prices in Kenya is 18.74 %, measured in 2024.

That represents a change of down 2.3% on the previous year and down 19.1% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in Kenya peaked at 24.01 % in 1971 and was at its lowest, 9.9 %, in 1993.

That places Kenya 151st out of 203 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Kenya, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Kenya, 1970 to 2024.
Year % Change
1970 21.53 %
1971 24.01 % +11.5%
1972 21.86 % -9.0%
1973 20.44 % -6.5%
1974 17.26 % -15.6%
1975 17.77 % +2.9%
1976 16.88 % -5.0%
1977 18.69 % +10.7%
1978 20.21 % +8.1%
1979 18.02 % -10.9%
1980 17.47 % -3.0%
1981 17.61 % +0.8%
1982 13.44 % -23.7%
1983 11.44 % -14.9%
1984 11.02 % -3.6%
1985 11.17 % +1.3%
1986 11.66 % +4.4%
1987 11.67 % +0.1%
1988 11.9 % +2.0%
1989 11.27 % -5.4%
1990 11.19 % -0.6%
1991 10.69 % -4.5%
1992 10.31 % -3.6%
1993 9.9 % -3.9%
1994 10.98 % +10.9%
1995 12.14 % +10.5%
1996 11.8 % -2.7%
1997 12.14 % +2.8%
1998 12.7 % +4.6%
1999 12.34 % -2.8%
2000 13.29 % +7.7%
2001 14.3 % +7.6%
2002 13.36 % -6.6%
2003 11.94 % -10.6%
2004 12.19 % +2.1%
2005 14.71 % +20.7%
2006 16.4 % +11.5%
2007 15.69 % -4.4%
2008 17.67 % +12.6%
2009 18.19 % +3.0%
2010 19.66 % +8.1%
2011 19.08 % -3.0%
2012 20.58 % +7.8%
2013 20.3 % -1.4%
2014 23.17 % +14.2%
2015 22.09 % -4.7%
2016 20.39 % -7.7%
2017 21.22 % +4.0%
2018 20.01 % -5.7%
2019 19.88 % -0.6%
2020 20.39 % +2.6%
2021 21.01 % +3.0%
2022 19.87 % -5.4%
2023 19.18 % -3.4%
2024 18.74 % -2.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.67 % 16.88 % 24.01 % 10
1980s 12.87 % 11.02 % 17.61 % 10
1990s 11.42 % 9.9 % 12.7 % 10
2000s 14.78 % 11.94 % 18.19 % 10
2010s 20.64 % 19.08 % 23.17 % 10
2020s 19.84 % 18.74 % 21.01 % 5

Countries ranked near Kenya

  1. 148 Guinea 19.23 % compare
  2. 149 Mali 19.18 % compare
  3. 150 Poland 18.85 % compare
  4. 152 China, Hong Kong SAR 18.59 % compare
  5. 153 Bulgaria 18.51 % compare
  6. 154 Cook Islands 18.08 % compare

See the full ranking of 251 places →

More economy & growth data for Kenya

All data for Kenya →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$, 2015 prices in Kenya?
Gross fixed capital formation — share of gdp us$, 2015 prices in Kenya was 18.74 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Kenya?
The highest recorded value was 24.01 % in 1971.
What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Kenya?
The lowest recorded value was 9.9 % in 1993.
How does Kenya rank for gross fixed capital formation — share of gdp us$, 2015 prices?
Kenya ranks 151st out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in Kenya?
Over the last ten years it is down 19.1%. The long-run trend across the full record is rising.
Where does this Kenya data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Kenya. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us-2015-prices/kenya/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).