Kenya Gross Savings Rate

2006 - 2019 | Yearly | % | CEIC Data

Kenya Gross Savings Rate was measured at 5.4 % in Dec 2019, compared with 5.3 % in the previous year. Kenya Gross Savings Rate is updated yearly, available from Dec 2006 to Dec 2019, with an average rate of 8.2 %. The data reached an all-time high of 11.7 % in Dec 2007 and a record low of 5.3 % in Dec 2018. CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Final Consumption Expenditure is the sum of Private and Government Final Consumption Expenditure. The Kenya National Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.

In the latest reports, Kenya GDP contracted 5.6 % YoY in Jun 2020. Kenya Nominal GDP reached 24.8 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 12.6 % in Jun 2020. Kenya GDP Per Capita reached 2,007.8 USD in Dec 2019.

View Kenya's Gross Savings Rate from 2006 to 2019 in the chart:

Kenya Gross Savings Rate

What was Kenya's Gross Savings Rate in 2019?

Last Previous Min Max Unit Frequency Range
5.4 2019 5.3 2018 5.3 2018 11.7 2007 % yearly 2006 - 2019

Gross Savings Rate by Country Comparison

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Includes Gross Savings Rate on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 8.8 Sep 2020 quarterly Mar 2008 - Sep 2020
Algeria (%) 37.6 2016 yearly 2000 - 2016
Argentina (%) 22.8 Sep 2020 quarterly Mar 2004 - Sep 2020
Armenia (%) 10.3 Sep 2020 quarterly Dec 1994 - Sep 2020
Australia (%) 25.4 Sep 2020 quarterly Sep 1959 - Sep 2020
Austria (%) 27.3 Sep 2020 quarterly Mar 1995 - Sep 2020
Azerbaijan (%) 27.6 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) 31.6 2018 yearly 1989 - 2018
Bangladesh (%) 30.1 2020 yearly 2006 - 2020
Belarus (%) 35.3 Sep 2020 quarterly Mar 1992 - Sep 2020

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Kenya Key Series

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Includes 285 key indicators for Kenya, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.3 Jun 2020 quarterly Dec 2009 - Jun 2020
Tax Revenue (USD mn) 3,914.738 Oct 2020 monthly Sep 1999 - Oct 2020
Tax Revenue: % of GDP (%) 7.8 2019 yearly 2006 - 2019
National Government Debt (USD mn) 65,629.4 Sep 2020 monthly Sep 1999 - Sep 2020
Government Debt: % of GDP (%) 65.9 Jun 2020 quarterly Dec 2009 - Jun 2020
Forecast: Government Expenditure (KES bn) 4,202.815 2025 yearly 1982 - 2025
Forecast: Government Net Debt (KES bn) 14,031.784 2025 yearly 1998 - 2025
Forecast: Government Revenue (KES bn) 2,953.293 2025 yearly 1982 - 2025
Central Government Expenditure: ytd (KES mn) 721,740.000 Oct 2020 monthly Sep 1999 - Oct 2020
Central Government Expenditure: ytd: Recurrent (KES mn) 721,740.000 Oct 2020 monthly Sep 1999 - Oct 2020
Central Government Expenditure: ytd: Development (KES mn) 137,310.000 Oct 2020 monthly Sep 1999 - Oct 2020
Central Government Revenue and Grants: ytd: Revenue (KES mn) 509,720.000 Oct 2020 monthly Sep 1999 - Oct 2020
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 425,290.000 Oct 2020 monthly Sep 1999 - Oct 2020
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 64,450.000 Oct 2020 monthly Sep 1999 - Oct 2020
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 114,140.000 Oct 2020 monthly Sep 1999 - Oct 2020
Central Government Surplus or Deficit (KES bn) -478.312 2020 yearly 1998 - 2020
Central Government Debt: Domestic (KES mn) 3,457,110.000 Sep 2020 monthly Sep 1999 - Sep 2020
Central Government Debt: External (KES mn) 3,663,490.000 Sep 2020 monthly Sep 1999 - Sep 2020

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