Gross savings in Kenya
Kenya: Gross savings was 2.53 trillion current LCU in 2024. ◆ Volatile
Gross savings in Kenya, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Kenya stood at 2.53 trillion current LCU. That is the highest value across all 50 years on record.
That represents a change of up 5.3% on the previous year and up 593.6% over ten years.
Over the whole period, gross savings in Kenya peaked at 2.53 trillion current LCU in 2024 and was at its lowest, 2.93 billion current LCU, in 1975.
That places Kenya 44th out of 177 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.30 billion current LCU | 2.93 billion current LCU | 9.41 billion current LCU | 5 |
| 1980s | 19.29 billion current LCU | 9.32 billion current LCU | 29.93 billion current LCU | 10 |
| 1990s | 103.56 billion current LCU | 37.31 billion current LCU | 167.66 billion current LCU | 10 |
| 2000s | 202.58 billion current LCU | 88.35 billion current LCU | 382.51 billion current LCU | 10 |
| 2010s | 691.49 billion current LCU | 256.03 billion current LCU | 1.44 trillion current LCU | 10 |
| 2020s | 2.15 trillion current LCU | 1.64 trillion current LCU | 2.53 trillion current LCU | 5 |
Countries ranked near Kenya
More economy & growth data for Kenya
- External balance on goods and services as a percent of GDP -6.0% (2025)
- Inflation of consumer prices 4.1% (2025)
- GDP per capita 1,908 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 7.1% (2025)
- Gross domestic product (GDP) 109.76 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,908 constant 2015 US$ (2025)
- DEC alternative conversion factor 129.3 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 956.08 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 7.39 billion current US$ (2025)
- Taxes less subsidies on products 1.31 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Kenya?
- Gross savings in Kenya was 2.53 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Kenya?
- The highest recorded value was 2.53 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Kenya?
- The lowest recorded value was 2.93 billion current LCU in 1975.
- How does Kenya rank for gross savings?
- Kenya ranks 44th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Kenya?
- Over the last ten years it is up 593.6%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.