Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kenya

Kenya: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 13.88 % change on previous year in 2024. ◆ Volatile

Latest (2024)
13.88 % change on previous year
Change on year
up 272.1%
World rank
36th
of 230 countries
All-time high
34.48 % change on previous year
in 1977
All-time low
-8.24 % change on previous year
in 1982
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kenya, 1971–2024

-100102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross fixed capital formation — value standard local currency, annual in Kenya stood at 13.88 % change on previous year.

Compared with earlier readings it is up 272.1% on the previous year and down 53.6% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, annual in Kenya peaked at 34.48 % change on previous year in 1977 and was at its lowest, -8.24 % change on previous year, in 1982.

Kenya ranks 36th of 230 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kenya, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in Kenya, 1971 to 2024.
Year % change on previous year Change
1971 27.43 % change on previous year
1972 11.11 % change on previous year -59.5%
1973 9.76 % change on previous year -12.2%
1974 12.78 % change on previous year +31.0%
1975 19.21 % change on previous year +50.4%
1976 19.83 % change on previous year +3.2%
1977 34.48 % change on previous year +73.9%
1978 31.79 % change on previous year -7.8%
1979 5.06 % change on previous year -84.1%
1980 15.37 % change on previous year +203.8%
1981 16.85 % change on previous year +9.7%
1982 -8.24 % change on previous year -148.9%
1983 7.34 % change on previous year -189.0%
1984 12.55 % change on previous year +71.1%
1985 9.79 % change on previous year -22.0%
1986 30.14 % change on previous year +207.8%
1987 11.62 % change on previous year -61.4%
1988 17.95 % change on previous year +54.4%
1989 9.22 % change on previous year -48.6%
1990 22.32 % change on previous year +142.0%
1991 5.23 % change on previous year -76.6%
1992 2.58 % change on previous year -50.7%
1993 29.05 % change on previous year +1027.3%
1994 33.84 % change on previous year +16.5%
1995 31.58 % change on previous year -6.7%
1996 4.99 % change on previous year -84.2%
1997 7.62 % change on previous year +52.9%
1998 12.51 % change on previous year +64.2%
1999 6.03 % change on previous year -51.8%
2000 14.36 % change on previous year +138.4%
2001 14.51 % change on previous year +1.0%
2002 -3.62 % change on previous year -124.9%
2003 0.4335 % change on previous year -112.0%
2004 15.59 % change on previous year +3496.0%
2005 27.77 % change on previous year +78.1%
2006 16.95 % change on previous year -39.0%
2007 18.75 % change on previous year +10.6%
2008 9.06 % change on previous year -51.7%
2009 14.16 % change on previous year +56.3%
2010 25.29 % change on previous year +78.7%
2011 14.93 % change on previous year -41.0%
2012 19.32 % change on previous year +29.4%
2013 7.34 % change on previous year -62.0%
2014 29.89 % change on previous year +307.1%
2015 6.04 % change on previous year -79.8%
2016 -3.17 % change on previous year -152.4%
2017 14.61 % change on previous year -561.1%
2018 5.69 % change on previous year -61.1%
2019 8.82 % change on previous year +55.2%
2020 6.65 % change on previous year -24.6%
2021 14.37 % change on previous year +116.1%
2022 6 % change on previous year -58.3%
2023 3.73 % change on previous year -37.8%
2024 13.88 % change on previous year +272.1%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kenya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2004 +3496.0% 0.4335 % change on previous year 15.59 % change on previous year
1993 +1027.3% 2.58 % change on previous year 29.05 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.05 % change on previous year 5.06 % change on previous year 34.48 % change on previous year 9
1980s 12.26 % change on previous year -8.24 % change on previous year 30.14 % change on previous year 10
1990s 15.57 % change on previous year 2.58 % change on previous year 33.84 % change on previous year 10
2000s 12.8 % change on previous year -3.62 % change on previous year 27.77 % change on previous year 10
2010s 12.88 % change on previous year -3.17 % change on previous year 29.89 % change on previous year 10
2020s 8.92 % change on previous year 3.73 % change on previous year 14.37 % change on previous year 5

Countries ranked near Kenya

  1. 34 Pakistan 14.69 % change on previous year compare
  2. 35 Mozambique 13.94 % change on previous year compare
  3. 37 Central African Republic 13.64 % change on previous year compare
  4. 38 Iceland 13.21 % change on previous year compare
  5. 39 Malaysia 13.18 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for Kenya

All data for Kenya →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, annual in Kenya?
Gross fixed capital formation — value standard local currency, annual in Kenya was 13.88 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, annual recorded in Kenya?
The highest recorded value was 34.48 % change on previous year in 1977.
What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Kenya?
The lowest recorded value was -8.24 % change on previous year in 1982.
How does Kenya rank for gross fixed capital formation — value standard local currency, annual?
Kenya ranks 36th out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, annual rising or falling in Kenya?
Over the last ten years it is down 53.6%. The long-run trend across the full record is volatile.
Where does this Kenya data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kenya. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/kenya/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.