Kenya Gross Savings Rate

2006 - 2024 | Yearly | % | CEIC Data

Key information about Kenya Gross Savings Rate

  • Kenya Gross Savings Rate was measured at 11.9% in Dec 2024, compared with 11.9% in the previous year.
  • Kenya Gross Savings Rate is updated yearly, with data available from Dec 2006 to Dec 2024, and an average rate of 11.9%.
  • The data reached an all-time high of 11.9% in Dec 2010 and a record low of 10.1% in Dec 2008.
  • 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 expanded 5.1% YoY in Jun 2025.
  • Kenya Nominal GDP reached 34,879.7 USD mn in Jun 2025. Its GDP deflator (implicit price deflator) increased 6.0% in Jun 2025.
  • Kenya GDP Per Capita reached 2,295.3 USD in Dec 2024.

View Kenya's Gross Savings Rate from 2006 to 2024 in the chart:

Kenya Gross Savings Rate

What was Kenya's Gross Savings Rate in 2024?

Kenya Gross Savings Rate was measured at 11.9% in Dec 2024, compared with 11.9% in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
11.9 2024 12.4 2023 10.1 2008 20.4 2010 % yearly 2006 - 2024

Gross Savings Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 17.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Algeria (%) 36.1 2021 yearly 2000 - 2021
Argentina (%) 12.3 Jun 2025 quarterly Mar 2004 - Jun 2025
Armenia (%) 21.1 Sep 2025 quarterly Dec 1994 - Sep 2025
Australia (%) 24.8 Jun 2025 quarterly Sep 1959 - Jun 2025
Austria (%) 25.1 Jun 2025 quarterly Mar 1995 - Jun 2025
Azerbaijan (%) 26.3 Jun 2025 quarterly Mar 2001 - Jun 2025
Bahrain (%) 37.1 2023 yearly 1989 - 2023
Bangladesh (%) 30.4 2021 yearly 2006 - 2021
Belarus (%) 23.5 Jun 2025 quarterly Mar 1992 - Jun 2025
Belgium (%) 23.6 Jun 2025 quarterly Mar 1980 - Jun 2025
Bolivia (%) -1.2 Dec 2024 quarterly Mar 1990 - Dec 2024
Bosnia and Herzegovina (%) 6.5 Mar 2025 quarterly Mar 2008 - Mar 2025
Botswana (%) 23.7 Jun 2025 quarterly Mar 1994 - Jun 2025
Brazil (%) 17.2 Jun 2025 quarterly Mar 1991 - Jun 2025
Brunei (%) 53.5 Jun 2025 quarterly Mar 2004 - Jun 2025
Bulgaria (%) 23.3 Sep 2025 quarterly Mar 1995 - Sep 2025
Cambodia (%) 33.2 2022 yearly 1993 - 2022
Canada (%) 25.0 Sep 2025 quarterly Mar 1961 - Sep 2025
Chile (%) 22.1 Sep 2025 quarterly Mar 1996 - Sep 2025
China (%) 43.4 2024 yearly 1952 - 2024
Colombia (%) 12.9 Sep 2025 quarterly Mar 2005 - Sep 2025
Croatia (%) 31.4 Sep 2025 quarterly Mar 1995 - Sep 2025
Cyprus (%) 28.3 Sep 2025 quarterly Mar 1995 - Sep 2025
Czech Republic (%) 34.4 Sep 2025 quarterly Mar 1995 - Sep 2025
Denmark (%) 35.0 Sep 2025 quarterly Mar 1990 - Sep 2025
Ecuador (%) 23.2 Jun 2025 quarterly Mar 1991 - Jun 2025
Egypt (%) 2.4 2024 yearly 1969 - 2024
Estonia (%) 26.3 Sep 2025 quarterly Mar 1993 - Sep 2025
European Union (%) 26.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Finland (%) 23.9 Sep 2025 quarterly Mar 1990 - Sep 2025
France (%) 14.2 Dec 2017 quarterly Mar 1949 - Dec 2017
Georgia (%) 20.2 Jun 2025 quarterly Mar 1996 - Jun 2025
Germany (%) 24.5 Sep 2025 quarterly Mar 1991 - Sep 2025
Ghana (%) 10.5 2024 yearly 2006 - 2024
Greece (%) 11.2 Jun 2025 quarterly Mar 1995 - Jun 2025
Hong Kong SAR, China (%) 26.3 Jun 2025 quarterly Mar 1999 - Jun 2025
Hungary (%) 31.4 Sep 2025 quarterly Mar 1995 - Sep 2025
Iceland (%) 29.1 Sep 2025 quarterly Mar 1995 - Sep 2025
India (%) 30.7 2024 yearly 1951 - 2024
Indonesia (%) 38.4 Sep 2025 quarterly Mar 2010 - Sep 2025
Iran (%) 35.1 Jun 2025 quarterly Jun 1988 - Jun 2025
Ireland (%) 63.9 Jun 2025 quarterly Mar 1995 - Jun 2025
Israel (%) 24.6 Sep 2025 quarterly Mar 1995 - Sep 2025
Italy (%) 24.6 Sep 2025 quarterly Mar 1995 - Sep 2025
Ivory Coast (%) 23.7 2024 yearly 1960 - 2024
Japan (%) 30.1 Mar 2024 quarterly Mar 1980 - Mar 2024
Jordan (%) 11.1 2023 yearly 1963 - 2023
Kazakhstan (%) 33.3 Jun 2025 quarterly Mar 1994 - Jun 2025
Kenya (%) 11.9 2024 yearly 2006 - 2024
South Korea (%) 35.2 Jun 2025 quarterly Mar 1970 - Jun 2025
Kosovo (%) -3.8 Jun 2025 quarterly Mar 2010 - Jun 2025
Kuwait (%) 40.8 2023 yearly 1970 - 2023
Kyrgyzstan (%) -18.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Laos (%) 18.4 2016 yearly 2000 - 2016
Latvia (%) 21.4 Sep 2025 quarterly Mar 1995 - Sep 2025
Lebanon (%) -14.2 2023 yearly 1990 - 2023
Lithuania (%) 21.4 Jun 2025 quarterly Mar 1995 - Jun 2025
Luxembourg (%) 47.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Macau SAR, China (%) 58.5 Sep 2025 quarterly Mar 2001 - Sep 2025
North Macedonia (%) 14.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Malawi (%) 11.2 2019 yearly 1977 - 2019
Malaysia (%) 21.6 Sep 2025 quarterly Mar 2010 - Sep 2025
Malta (%) 39.0 Sep 2025 quarterly Mar 1992 - Sep 2025
Mauritius (%) 17.7 Jun 2025 quarterly Mar 1999 - Jun 2025
Mexico (%) 18.6 Jun 2025 quarterly Mar 1993 - Jun 2025
Moldova (%) -4.4 Jun 2025 quarterly Mar 1995 - Jun 2025
Mongolia (%) 32.9 Sep 2025 quarterly Mar 2005 - Sep 2025
Montenegro (%) -1.5 Jun 2025 quarterly Mar 2006 - Jun 2025
Morocco (%) 29.3 2024 yearly 1975 - 2024
Mozambique (%) 7.7 2024 yearly 1969 - 2024
Myanmar (%) 28.7 2018 yearly 1996 - 2018
Nepal (%) 35.7 2025 yearly 2001 - 2025
Netherlands (%) 28.2 Jun 2025 quarterly Mar 1995 - Jun 2025
New Zealand (%) 20.7 Jun 2025 quarterly Jun 1987 - Jun 2025
Nigeria (%) 48.5 2024 yearly 1981 - 2024
Norway (%) 33.7 Sep 2025 quarterly Mar 1978 - Sep 2025
Oman (%) 29.4 2024 yearly 1980 - 2024
Pakistan (%) 7.1 2025 yearly 2000 - 2025
Palestinian Territory (%) 5.9 Jun 2025 quarterly Mar 2011 - Jun 2025
Panama (%) 38.0 2023 yearly 1960 - 2023
Paraguay (%) 22.5 Jun 2025 quarterly Mar 1994 - Jun 2025
Peru (%) 28.1 Sep 2025 quarterly Mar 1990 - Sep 2025
Philippines (%) 5.4 Sep 2025 quarterly Mar 1981 - Sep 2025
Poland (%) 20.3 Sep 2025 quarterly Mar 1995 - Sep 2025
Portugal (%) 21.7 Jun 2025 quarterly Mar 1999 - Jun 2025
Qatar (%) 66.3 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 20.4 Jun 2025 quarterly Mar 1995 - Jun 2025
Russia (%) 26.1 Jun 2025 quarterly Mar 1993 - Jun 2025
Saudi Arabia (%) 31.5 Jun 2025 quarterly Mar 2003 - Jun 2025
Serbia (%) 15.3 Sep 2025 quarterly Mar 1995 - Sep 2025
Singapore (%) 47.5 2024 yearly 1960 - 2024
Slovakia (%) 18.8 Jun 2025 quarterly Mar 1995 - Jun 2025
Slovenia (%) 25.8 Jun 2025 quarterly Mar 1995 - Jun 2025
South Africa (%) 13.5 Jun 2025 quarterly Mar 1960 - Jun 2025
Spain (%) 24.6 Jun 2025 quarterly Mar 1999 - Jun 2025
Sri Lanka (%) 27.2 Jun 2025 quarterly Mar 2010 - Jun 2025
Sudan (%) 13.7 2014 yearly 1960 - 2014
Sweden (%) 26.6 Sep 2025 quarterly Mar 1980 - Sep 2025
Switzerland (%) 33.0 Sep 2025 quarterly Mar 1990 - Sep 2025

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Kenya Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.9 Jun 2025 quarterly Dec 2009 - Jun 2025
Tax Revenue (USD mn) 13,986.408 Apr 2025 monthly Sep 1999 - Apr 2025
Tax Revenue: % of GDP (%) 6.6 2024 yearly 2006 - 2024
National Government Debt (USD mn) 92,599.6 Aug 2025 monthly Sep 1999 - Aug 2025
Government Debt: % of GDP (%) 69.0 Jun 2025 quarterly Dec 2009 - Jun 2025
Forecast: Government Expenditure (KES bn) 6,515.675 2030 yearly 1982 - 2030
Forecast: Government Net Debt (KES bn) 19,848.135 2030 yearly 1998 - 2030
Forecast: Government Revenue (KES bn) 5,159.680 2030 yearly 1982 - 2030
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 248,200.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Expenditure: ytd: Development (KES mn) 158,000.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 115,900.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Revenue and Grants: ytd: Revenue (KES mn) 1,092,200.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Expenditure: ytd (KES mn) 1,443,100.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Expenditure: ytd: Recurrent (KES mn) 1,093,000.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 679,400.000 Oct 2024 monthly Sep 1999 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.212 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,175.1 Sep 2025 monthly Oct 1992 - Sep 2025
Total Exports (USD mn) 747.8 Sep 2025 monthly Aug 1998 - Sep 2025
Total Exports Growth (%) -25.1 Sep 2025 monthly Aug 1999 - Sep 2025
Aluminum: Exports (USD th) 6,652.580 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 137,291.301 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 36,135.594 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,922.9 Sep 2025 monthly Aug 1998 - Sep 2025
Total Imports Growth (%) -3.6 Sep 2025 monthly Aug 1999 - Sep 2025
Imports: Medicament (USD th) 437,549.295 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 231,810.109 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 51.523 Aug 2025 monthly Jan 1998 - Aug 2025
Total Imports from USA (USD mn) 104.790 Sep 2025 monthly Jan 1998 - Sep 2025
Total Exports to China (USD mn) 25.291 Jul 2025 monthly Apr 1998 - Jul 2025
Total Imports from China (USD mn) 420.626 Aug 2025 monthly Jan 2001 - Aug 2025
Exports: Netherlands (KES mn) 4,460.730 Aug 2025 monthly Jan 1998 - Aug 2025
Exports: Uganda (KES mn) 45,608.290 Aug 2025 monthly Jan 1998 - Aug 2025
Exports: Tanzania (KES mn) 4,587.560 Aug 2025 monthly Jan 1998 - Aug 2025
Exports: United Kingdom (KES mn) 4,187.250 Aug 2025 monthly Jan 1998 - Aug 2025
Imports: India (KES mn) 22,399.370 Sep 2025 monthly Jan 1998 - Sep 2025
Imports: United Arab Emirates (KES mn) 31,773.490 Sep 2025 monthly Jan 1998 - Sep 2025
Imports: Saudi Arabia (KES mn) 12,239.950 Sep 2025 monthly Jan 1998 - Sep 2025
Imports: Italy (KES mn) 2,366.680 Aug 2025 monthly Jan 1998 - Aug 2025
Imports: South Africa (KES mn) 7,255.640 Sep 2025 monthly Jan 1998 - Sep 2025
Exports (KES mn) 96,644.470 Sep 2025 monthly Aug 1998 - Sep 2025
Imports (KES mn) 227,665.150 Nov 2024 monthly Aug 1998 - Nov 2024
Exports: Re-Exports (KES mn) 9,777.190 Nov 2024 monthly Aug 1998 - Nov 2024
Exports: Domestic: Horticulture (KES mn) 10,919.320 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Chemicals (KES mn) 5,610.320 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Tea (KES mn) 13,808.090 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Cement (KES mn) 110.210 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Coffee (KES mn) 2,025.080 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) 46,977.700 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) 35,443.980 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Food and Live Animals (KES mn) 17,032.330 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Machinery and Transport Equipment (KES mn) 48,967.450 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Chemicals (KES mn) 29,382.760 Dec 2024 monthly Aug 1998 - Dec 2024
Imports Volume Index (2009=100) 124.300 2022 yearly 2007 - 2022
Exports Volume Index (2009=100) 125.500 2022 yearly 2007 - 2022
Export Value Index (2015=100) 114.099 2021 yearly 1980 - 2021
Import Value Index (2015=100) 121.536 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 417.6 2024 yearly 2009 - 2024
Current Account Balance (USD mn) -124.0 Jun 2025 monthly Jan 2002 - Jun 2025
Current Account Balance: % of GDP (%) -1.9 Jun 2025 quarterly Mar 2009 - Jun 2025
Foreign Direct Investment (USD mn) 463.4 2024 yearly 1970 - 2024
Foreign Direct Investment: % of GDP (%) 0.4 2024 yearly 1996 - 2024
Foreign Portfolio Investment (USD mn) 430.625 2024 yearly 2009 - 2024
Foreign Portfolio Investment: % of GDP (%) 0.4 2024 yearly 2009 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -122.5 2024 yearly 2009 - 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 553.136 2024 yearly 2009 - 2024
External Debt (USD mn) 41,807.5 Aug 2025 monthly Sep 1999 - Aug 2025
External Debt: % of GDP (%) 31.2 2024 yearly 2006 - 2024
External Debt: Short Term (USD mn) 2,815.4 2023 yearly 1970 - 2023
External Debt: Short Term: % of GDP (%) 2.6 2023 yearly 1996 - 2023
Forecast: Current Account Balance (USD bn) -6.168 2030 yearly 1980 - 2030
Balance of Payment: Current Account (USD mn) -266.000 Jun 2024 monthly Dec 2014 - Jun 2024
BoP: Reserves and Related Items: Reserve Assets (KES mn) -24,917.900 2017 yearly 2009 - 2017
BoP: Net Errors and Omissions (KES mn) 6,858.800 2017 yearly 2009 - 2017
Balance of Payments (BoP) (USD mn) -140.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Goods (USD mn) -2,273.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Services: Debit (USD mn) 1,293.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Goods: Imports (USD mn) 5,221.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Direct Investment: Assets (USD mn) 110.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Capital Account: Credit n.i.e (USD mn) 10.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Services: Credit (USD mn) 1,438.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Capital Account n.i.e (USD mn) 10.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Secondary Income: Debit (USD mn) 32.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Services (USD mn) 182.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Capital Account: Debit (USD mn) 0.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 186.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account n.i.e (USD mn) -1,260.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 71.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account n.i.e (USD mn) -1,452.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Primary Income: Debit (USD mn) 912.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 2,004.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Goods: Exports (USD mn) 2,195.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) 135.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Other Investment: Assets (USD mn) -184.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Financial Derivatives: Net (USD mn) -18.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 917.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Primary Income: Credit (USD mn) 80.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 101,915.400 2023 yearly 2009 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 15.1 Jun 2025 quarterly Mar 2016 - Jun 2025
Non-Performing Loans (USD mn) 2,674.259 Dec 2019 monthly Apr 2001 - Dec 2019
Money Supply M1 (USD mn) 17,804.587 Sep 2025 monthly Dec 1995 - Sep 2025
Money Supply M2 (USD mn) 39,983.357 Sep 2025 monthly Dec 1995 - Sep 2025
M2 Growth (%) 27.8 Sep 2025 monthly Dec 1996 - Sep 2025
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 11,480.5 Aug 2025 monthly Dec 2000 - Aug 2025
Foreign Exchange Reserves: % of GDP (%) 8.977 Jun 2025 quarterly Dec 2009 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 5.0 Aug 2025 monthly Sep 2005 - Aug 2025
Gold Reserves (USD mn) 2.237 Oct 2025 monthly Sep 1973 - Oct 2025
Total Deposits (USD mn) 43,578.237 Jun 2025 monthly Jan 1999 - Jun 2025
Total Deposits Growth (%) 6.5 Jun 2025 monthly Jan 2000 - Jun 2025
Domestic Credit (USD mn) 52,325.8 Jul 2025 monthly Dec 1995 - Jul 2025
Domestic Credit Growth (%) 8.0 Jul 2025 monthly Dec 1996 - Jul 2025
Total Loans (USD mn) 58,481.108 Jun 2025 monthly Jan 1999 - Jun 2025
Total Loans Growth (%) 10.54 Jun 2025 monthly Jan 2000 - Jun 2025
Private Debt: % of Nominal GDP (%) 27.48 Jun 2025 quarterly Dec 2009 - Jun 2025
Money Supply: M3: M2 (KES mn) 4,231,335.358 Dec 2024 monthly Dec 1995 - Dec 2024
Money Supply: M3 (KES mn) 5,488,738.058 Dec 2024 monthly Dec 1995 - Dec 2024
Money Supply: M3: M2: M1 (KES mn) 2,121,395.209 Dec 2024 monthly Dec 1995 - Dec 2024

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