Gross savings in Kenya

Kenya: Gross savings was 18.74 billion current US$ in 2024. ◆ Volatile

Latest (2024)
18.74 billion current US$
Change on year
up 9.2%
World rank
78th
of 177 countries
All-time high
18.74 billion current US$
in 2024
All-time low
399.51 million current US$
in 1975
Years of data
50
1975–2024

Gross savings in Kenya, 1975–2024

05.0B10.0B15.0B20.0B197519992024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross savings in Kenya is 18.74 billion current US$, measured in 2024. That is the highest value across all 50 years on record.

That represents a change of up 9.2% on the previous year and up 352.3% over ten years.

Over the whole period, gross savings in Kenya peaked at 18.74 billion current US$ in 2024 and was at its lowest, 399.51 million current US$, in 1975.

Kenya ranks 78th of 177 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 799.20 million current US$ 399.51 million current US$ 1.14 billion current US$ 5
1980s 1.33 billion current US$ 1.04 billion current US$ 1.69 billion current US$ 10
1990s 2.00 billion current US$ 1.24 billion current US$ 2.42 billion current US$ 10
2000s 2.78 billion current US$ 1.12 billion current US$ 5.53 billion current US$ 10
2010s 7.08 billion current US$ 3.06 billion current US$ 14.12 billion current US$ 10
2020s 17.62 billion current US$ 15.43 billion current US$ 18.74 billion current US$ 5

Countries ranked near Kenya

  1. 75 Slovenia 20.31 billion current US$ compare
  2. 76 Cambodia 20.08 billion current US$ compare
  3. 77 Serbia 18.96 billion current US$ compare
  4. 79 Azerbaijan 17.82 billion current US$ compare
  5. 80 Angola 16.37 billion current US$ compare
  6. 81 Bahrain 15.77 billion current US$ compare

See the full ranking of 177 places →

More economy & growth data for Kenya

All data for Kenya →

Frequently asked questions

What is gross savings in Kenya?
Gross savings in Kenya was 18.74 billion current US$ 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 18.74 billion current US$ in 2024.
What is the lowest gross savings recorded in Kenya?
The lowest recorded value was 399.51 million current US$ in 1975.
How does Kenya rank for gross savings?
Kenya ranks 78th out of 177 countries with data for 2024.
Is gross savings rising or falling in Kenya?
Over the last ten years it is up 352.3%. 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 US$). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Gross savings (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.