Gross savings (current LCU), annual growth rate in Kenya
Kenya: Gross savings (current LCU), annual growth rate was 5.31 % change on previous year in 2024. ◆ Volatile
Gross savings (current LCU), annual growth rate in Kenya, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Kenya recorded 5.31 % change on previous year for gross savings (current lcu), annual growth rate in 2024.
The figure is down 43.4% on the previous year and down 85.6% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Kenya peaked at 209.89 % change on previous year in 1993 and was at its lowest, -43.29 % change on previous year, in 2009.
That places Kenya 103rd out of 177 countries with data for 2024, 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 savings (current LCU), annual growth rate in Kenya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | 72.72 % change on previous year | — |
| 1977 | 85.79 % change on previous year | +18.0% |
| 1978 | -20.77 % change on previous year | -124.2% |
| 1979 | -10.95 % change on previous year | -47.3% |
| 1980 | 40.26 % change on previous year | -467.6% |
| 1981 | 31.01 % change on previous year | -23.0% |
| 1982 | -6.96 % change on previous year | -122.4% |
| 1983 | 42.07 % change on previous year | -704.5% |
| 1984 | -0.7333 % change on previous year | -101.7% |
| 1985 | 50.93 % change on previous year | -7044.6% |
| 1986 | 3.1 % change on previous year | -93.9% |
| 1987 | -3.9 % change on previous year | -225.8% |
| 1988 | 24.98 % change on previous year | -739.6% |
| 1989 | -16.88 % change on previous year | -167.6% |
| 1990 | 49.98 % change on previous year | -396.0% |
| 1991 | 16.44 % change on previous year | -67.1% |
| 1992 | -7.91 % change on previous year | -148.2% |
| 1993 | 209.89 % change on previous year | -2751.9% |
| 1994 | 9.24 % change on previous year | -95.6% |
| 1995 | -18.17 % change on previous year | -296.6% |
| 1996 | 2.32 % change on previous year | -112.8% |
| 1997 | 10.54 % change on previous year | +353.7% |
| 1998 | 10.37 % change on previous year | -1.6% |
| 1999 | 21.2 % change on previous year | +104.5% |
| 2000 | -25.64 % change on previous year | -220.9% |
| 2001 | -19.99 % change on previous year | -22.1% |
| 2002 | -11.42 % change on previous year | -42.9% |
| 2003 | 21.37 % change on previous year | -287.1% |
| 2004 | 42.15 % change on previous year | +97.2% |
| 2005 | 28.85 % change on previous year | -31.6% |
| 2006 | 52.28 % change on previous year | +81.2% |
| 2007 | 19.86 % change on previous year | -62.0% |
| 2008 | 6.71 % change on previous year | -66.2% |
| 2009 | -43.29 % change on previous year | -745.0% |
| 2010 | 18.02 % change on previous year | -141.6% |
| 2011 | 6.2 % change on previous year | -65.6% |
| 2012 | 13.95 % change on previous year | +125.0% |
| 2013 | -14.04 % change on previous year | -200.7% |
| 2014 | 36.79 % change on previous year | -362.1% |
| 2015 | 28.58 % change on previous year | -22.3% |
| 2016 | 126.23 % change on previous year | +341.6% |
| 2017 | 6.28 % change on previous year | -95.0% |
| 2018 | 19.98 % change on previous year | +218.2% |
| 2019 | 6.6 % change on previous year | -67.0% |
| 2020 | 14.03 % change on previous year | +112.5% |
| 2021 | 21.11 % change on previous year | +50.4% |
| 2022 | 10.25 % change on previous year | -51.4% |
| 2023 | 9.39 % change on previous year | -8.4% |
| 2024 | 5.31 % change on previous year | -43.4% |
Kenya compared with similar countries
- Kenya's 5.31 % change on previous year is below the median for lower middle income countries, which is 11.63 % change on previous year, 46% of the median. (45 countries reporting)
- Kenya's 5.31 % change on previous year is below the median for Sub-Saharan Africa, which is 12.85 % change on previous year, 41% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), annual growth rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +7044.6% | -0.7333 % change on previous year | 50.93 % change on previous year |
| 1993 | +2751.9% | -7.91 % change on previous year | 209.89 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.7 % change on previous year | -20.77 % change on previous year | 85.79 % change on previous year | 4 |
| 1980s | 16.39 % change on previous year | -16.88 % change on previous year | 50.93 % change on previous year | 10 |
| 1990s | 30.39 % change on previous year | -18.17 % change on previous year | 209.89 % change on previous year | 10 |
| 2000s | 7.09 % change on previous year | -43.29 % change on previous year | 52.28 % change on previous year | 10 |
| 2010s | 24.86 % change on previous year | -14.04 % change on previous year | 126.23 % change on previous year | 10 |
| 2020s | 12.02 % change on previous year | 5.31 % change on previous year | 21.11 % change on previous year | 5 |
Countries ranked near Kenya
- 100 Spain 5.7 % change on previous year compare
- 101 New Zealand 5.69 % change on previous year compare
- 102 Cambodia 5.32 % change on previous year compare
- 104 Austria 5.3 % change on previous year compare
- 105 Japan 5.17 % change on previous year compare
- 106 Bahamas 5.17 % change on previous year compare
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 savings (current lcu), annual growth rate in Kenya?
- Gross savings (current lcu), annual growth rate in Kenya was 5.31 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Kenya?
- The highest recorded value was 209.89 % change on previous year in 1993.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Kenya?
- The lowest recorded value was -43.29 % change on previous year in 2009.
- How does Kenya rank for gross savings (current lcu), annual growth rate?
- Kenya ranks 103rd out of 177 countries with data for 2024.
- Is gross savings (current lcu), annual growth rate rising or falling in Kenya?
- Over the last ten years it is down 85.6%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.