Kenya Gross Savings Rate
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:
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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| 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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| 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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