Gross Fixed Capital Formation — Value US$ in Kenya

Kenya: Gross Fixed Capital Formation — Value US$ was 21,990 million USD in 2024. ◆ Volatile

Latest (2024)
21,990 million USD
Change on year
up 18.1%
World rank
79th
of 235 countries
All-time high
21,990 million USD
in 2024
All-time low
447.27 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Kenya, 1970–2024

05.0k10.0k15.0k20.0k197019972024

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

Analysis

Kenya recorded 21,990 million USD for gross fixed capital formation — value us$ in 2024. That is the highest value across all 55 years on record.

The figure is up 18.1% on the previous year and up 34.8% over ten years.

Over the whole period, gross fixed capital formation — value us$ in Kenya peaked at 21,990 million USD in 2024 and was at its lowest, 447.27 million USD, in 1970.

Kenya ranks 79th of 235 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 — Value US$ in Kenya, year by year

Annual values for Gross Fixed Capital Formation — Value US$ in Kenya, 1970 to 2024.
Year million USD Change
1970 447.27 million USD —
1971 569.97 million USD +27.4%
1972 633.3 million USD +11.1%
1973 709.15 million USD +12.0%
1974 783.91 million USD +10.5%
1975 909.01 million USD +16.0%
1976 956.01 million USD +5.2%
1977 1,300 million USD +36.0%
1978 1,834 million USD +41.1%
1979 1,993 million USD +8.6%
1980 2,316 million USD +16.2%
1981 2,219 million USD -4.2%
1982 1,687 million USD -24.0%
1983 1,486 million USD -11.9%
1984 1,544 million USD +3.9%
1985 1,487 million USD -3.7%
1986 1,960 million USD +31.8%
1987 2,157 million USD +10.1%
1988 2,359 million USD +9.4%
1989 2,223 million USD -5.8%
1990 2,441 million USD +9.8%
1991 2,140 million USD -12.3%
1992 1,874 million USD -12.4%
1993 1,343 million USD -28.3%
1994 1,861 million USD +38.5%
1995 2,668 million USD +43.4%
1996 2,522 million USD -5.5%
1997 2,640 million USD +4.7%
1998 2,890 million USD +9.5%
1999 2,630 million USD -9.0%
2000 2,777 million USD +5.6%
2001 3,083 million USD +11.0%
2002 2,964 million USD -3.8%
2003 3,088 million USD +4.2%
2004 3,423 million USD +10.9%
2005 4,583 million USD +33.9%
2006 5,616 million USD +22.5%
2007 7,143 million USD +27.2%
2008 7,581 million USD +6.1%
2009 7,740 million USD +2.1%
2010 9,467 million USD +22.3%
2011 9,707 million USD +2.5%
2012 12,169 million USD +25.4%
2013 12,821 million USD +5.4%
2014 16,311 million USD +27.2%
2015 15,490 million USD -5.0%
2016 14,508 million USD -6.3%
2017 16,322 million USD +12.5%
2018 17,609 million USD +7.9%
2019 19,033 million USD +8.1%
2020 19,449 million USD +2.2%
2021 21,596 million USD +11.0%
2022 21,294 million USD -1.4%
2023 18,616 million USD -12.6%
2024 21,990 million USD +18.1%

Kenya compared with similar countries

  • Kenya's 21,990 million USD is above the median for lower middle income countries, which is 5,205 million USD, 4.2× the median. (44 countries reporting)
  • Kenya's 21,990 million USD is above the median for Sub-Saharan Africa, which is 3,840 million USD, 5.7× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 1,014 million USD 447.27 million USD 1,993 million USD 10
1980s 1,944 million USD 1,486 million USD 2,359 million USD 10
1990s 2,301 million USD 1,343 million USD 2,890 million USD 10
2000s 4,800 million USD 2,777 million USD 7,740 million USD 10
2010s 14,344 million USD 9,467 million USD 19,033 million USD 10
2020s 20,589 million USD 18,616 million USD 21,990 million USD 5

Countries ranked near Kenya

  1. 76 Côte d'Ivoire 23,078 million USD compare
  2. 76 Cote d'Ivoire 23,078 million USD compare
  3. 78 Ecuador 22,291 million USD compare
  4. 80 Croatia 21,904 million USD compare
  5. 81 Bulgaria 20,129 million USD compare
  6. 82 Lithuania 19,177 million USD compare

See the full ranking of 265 places →

More economy & growth data for Kenya

All data for Kenya →

Frequently asked questions

What is gross fixed capital formation — value us$ in Kenya?
Gross fixed capital formation — value us$ in Kenya was 21,990 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$ recorded in Kenya?
The highest recorded value was 21,990 million USD in 2024.
What is the lowest gross fixed capital formation — value us$ recorded in Kenya?
The lowest recorded value was 447.27 million USD in 1970.
How does Kenya rank for gross fixed capital formation — value us$?
Kenya ranks 79th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in Kenya?
Over the last ten years it is up 34.8%. The long-run trend across the full record is volatile.
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 — Value US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$ in Kenya. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us/kenya/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 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).