Kenya Gross Savings Rate
2006 - 2022 | Yearly | % | CEIC Data
Key information about Kenya Gross Savings Rate
- Kenya Gross Savings Rate was measured at 12.1% in Dec 2022, compared with 12.1% in the previous year.
- Kenya Gross Savings Rate is updated yearly, with data available from Dec 2006 to Dec 2022, and an average rate of 12.1%.
- The data reached an all-time high of 12.1% 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 5.2% YoY in Sep 2022.
- Kenya Nominal GDP reached 26,869.9 USD mn in Sep 2022. Its GDP deflator (implicit price deflator) increased 4.0% in Sep 2022.
- Kenya GDP Per Capita reached 2,236.0 USD in Dec 2021.
View Kenya's Gross Savings Rate from 2006 to 2022 in the chart:
What was Kenya's Gross Savings Rate in 2022?
Kenya Gross Savings Rate was measured at 12.1% in Dec 2022, compared with 12.1% in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 12.1 2022 | 13.3 2021 | 10.1 2008 | 20.4 2010 | % | yearly | 2006 - 2022 |
Gross Savings Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 17.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 36.1 2021 | yearly | 2000 - 2021 |
| Argentina (%) | 11.0 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Armenia (%) | 15.6 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
| Australia (%) | 29.6 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 26.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Azerbaijan (%) | 30.6 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Bahrain (%) | 38.6 2022 | yearly | 1989 - 2022 |
| Bangladesh (%) | 30.4 2021 | yearly | 2006 - 2021 |
| Belarus (%) | 23.6 Mar 2024 | quarterly | Mar 1992 - Mar 2024 |
| Belgium (%) | 25.8 Mar 2024 | quarterly | Mar 1980 - Mar 2024 |
| Bolivia (%) | 13.1 Mar 2024 | quarterly | Mar 1990 - Mar 2024 |
| Bosnia and Herzegovina (%) | 5.9 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
| Botswana (%) | 24.7 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Brazil (%) | 16.4 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Brunei (%) | 60.0 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 21.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Cambodia (%) | 34.1 2022 | yearly | 1993 - 2022 |
| Canada (%) | 20.7 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Chile (%) | 20.2 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| China (%) | 44.3 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 8.6 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Croatia (%) | 18.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Cyprus (%) | 20.6 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Czech Republic (%) | 33.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Denmark (%) | 32.8 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Ecuador (%) | 22.2 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| Egypt (%) | 7.8 2023 | yearly | 1969 - 2023 |
| Estonia (%) | 29.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| European Union (%) | 25.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Finland (%) | 21.1 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| France (%) | 14.2 Dec 2017 | quarterly | Mar 1949 - Dec 2017 |
| Georgia (%) | 14.9 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Germany (%) | 29.6 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Ghana (%) | 9.9 2023 | yearly | 2006 - 2023 |
| Greece (%) | 10.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Hong Kong SAR, China (%) | 24.0 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Hungary (%) | 30.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Iceland (%) | 23.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| India (%) | 30.2 2023 | yearly | 1951 - 2023 |
| Indonesia (%) | 36.8 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Iran (%) | 26.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Ireland (%) | 56.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Israel (%) | 25.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Italy (%) | 23.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Ivory Coast (%) | 23.9 2023 | yearly | 1960 - 2023 |
| Japan (%) | 28.8 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Jordan (%) | 2.9 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 44.9 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 12.1 2022 | yearly | 2006 - 2022 |
| South Korea (%) | 34.0 Dec 2022 | quarterly | Mar 1970 - Dec 2022 |
| Kosovo (%) | -3.8 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Kuwait (%) | 44.9 2022 | yearly | 1970 - 2022 |
| Kyrgyzstan (%) | -4.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 18.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 19.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Lebanon (%) | -25.5 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 19.3 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Luxembourg (%) | 52.5 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Macau SAR, China (%) | 16.6 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| North Macedonia (%) | 7.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Malawi (%) | 11.2 2019 | yearly | 1977 - 2019 |
| Malaysia (%) | 26.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Malta (%) | 39.3 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Mauritius (%) | 21.9 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Mexico (%) | 18.7 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Moldova (%) | -6.3 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Mongolia (%) | 35.8 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Montenegro (%) | 6.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Morocco (%) | 28.6 2023 | yearly | 1975 - 2023 |
| Mozambique (%) | 4.8 2023 | yearly | 1969 - 2022 |
| Myanmar (%) | 28.7 2018 | yearly | 1996 - 2018 |
| Nepal (%) | 35.6 2024 | yearly | 2001 - 2024 |
| Netherlands (%) | 29.6 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| New Zealand (%) | 20.3 Sep 2022 | quarterly | Jun 1987 - Sep 2022 |
| Nigeria (%) | 34.6 2023 | yearly | 1981 - 2023 |
| Norway (%) | 37.2 Jun 2024 | quarterly | Mar 1978 - Jun 2024 |
| Oman (%) | 34.7 2022 | yearly | 1980 - 2022 |
| Pakistan (%) | 6.8 2024 | yearly | 2000 - 2024 |
| Palestinian Territory (%) | -2.8 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Panama (%) | 35.8 2021 | yearly | 1960 - 2021 |
| Paraguay (%) | 25.4 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Peru (%) | 21.5 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Philippines (%) | 10.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 19.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Portugal (%) | 21.0 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Qatar (%) | 66.3 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 16.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Russia (%) | 28.1 Mar 2024 | quarterly | Mar 1993 - Mar 2024 |
| Saudi Arabia (%) | 36.1 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Serbia (%) | 14.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Singapore (%) | 48.6 2023 | yearly | 1960 - 2023 |
| Slovakia (%) | 18.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Slovenia (%) | 28.1 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| South Africa (%) | 12.7 Mar 2024 | quarterly | Mar 1960 - Mar 2024 |
| Spain (%) | 22.7 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Sri Lanka (%) | 26.1 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Sudan (%) | 13.7 2014 | yearly | 1960 - 2014 |
| Sweden (%) | 29.3 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Switzerland (%) | 34.3 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doKenya Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| Tax Revenue (USD mn) | 12,866.615 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Tax Revenue: % of GDP (%) | 7.1 2022 | yearly | 2006 - 2022 |
| National Government Debt (USD mn) | 78,896.6 Mar 2024 | monthly | Sep 1999 - Mar 2024 |
| Government Debt: % of GDP (%) | 68.3 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| Forecast: Government Expenditure (KES bn) | 5,655.330 2028 | yearly | 1982 - 2028 |
| Forecast: Government Net Debt (KES bn) | 17,456.491 2029 | yearly | 1998 - 2029 |
| Forecast: Government Revenue (KES bn) | 4,688.790 2028 | yearly | 1982 - 2028 |
| Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) | 224,905.269 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) | 535,280.467 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Expenditure: ytd: Development (KES mn) | 404,477.966 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Revenue and Grants: ytd: Revenue (KES mn) | 2,116,998.350 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Expenditure: ytd: Recurrent (KES mn) | 2,032,665.163 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) | 1,692,856.420 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Expenditure: ytd (KES mn) | 2,709,750.496 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Surplus or Deficit (KES bn) | -478.312 2020 | yearly | 1998 - 2020 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.212 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -887.7 May 2024 | monthly | Oct 1992 - May 2024 |
| Total Exports (USD mn) | 717.5 May 2024 | monthly | Aug 1998 - May 2024 |
| Total Exports Growth (%) | 3.9 May 2024 | monthly | Aug 1999 - May 2024 |
| Aluminum: Exports (USD th) | 7,334.649 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 125,626.451 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 16,738.751 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,605.2 May 2024 | monthly | Aug 1998 - May 2024 |
| Total Imports Growth (%) | -8.2 May 2024 | monthly | Aug 1999 - May 2024 |
| Imports: Medicament (USD th) | 485,345.284 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 157,854.152 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 49.691 May 2024 | monthly | Jan 1998 - May 2024 |
| Total Imports from USA (USD mn) | 86.590 May 2024 | monthly | Jan 1998 - May 2024 |
| Total Exports to China (USD mn) | 20.031 May 2024 | monthly | Apr 1998 - May 2024 |
| Total Imports from China (USD mn) | 356.737 May 2024 | monthly | Jan 2001 - May 2024 |
| Imports (KES mn) | 211,388.670 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports (KES mn) | 94,482.420 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Re-Exports (KES mn) | 19,029.650 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Domestic: Horticulture (KES mn) | 12,876.500 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Domestic: Tea (KES mn) | 15,610.130 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Domestic: Cement (KES mn) | 410.320 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Domestic: Chemicals (KES mn) | 6,851.990 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Domestic: Coffee (KES mn) | 3,747.460 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Netherlands (KES mn) | 5,327.110 May 2024 | monthly | Jan 1998 - May 2024 |
| Exports: Uganda (KES mn) | 11,592.650 May 2024 | monthly | Jan 1998 - May 2024 |
| Exports: Tanzania (KES mn) | 5,405.380 May 2024 | monthly | Jan 1998 - May 2024 |
| Exports: United Kingdom (KES mn) | 4,408.330 May 2024 | monthly | Jan 1998 - May 2024 |
| Imports Volume Index (2009=100) | 126.600 2021 | yearly | 2007 - 2021 |
| Export Value Index (2015=100) | 114.099 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 121.536 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 11.1 Dec 2021 | quarterly | Mar 2016 - Dec 2021 |
| Non-Performing Loans (USD mn) | 2,674.259 Dec 2019 | monthly | Apr 2001 - Dec 2019 |
| Money Supply M1 (USD mn) | 15,624.591 Jun 2024 | monthly | Dec 1995 - Jun 2024 |
| Money Supply M2 (USD mn) | 30,895.204 Jun 2024 | monthly | Dec 1995 - Jun 2024 |
| M2 Growth (%) | 3.9 Jun 2024 | monthly | Dec 1996 - Jun 2024 |
| Reserve Requirement Ratio (%) | 4.3 Mar 2023 | monthly | Dec 1999 - Mar 2023 |
| Foreign Exchange Reserves (USD mn) | 7,813.0 Mar 2024 | monthly | Dec 2000 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 6.126 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.1 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
| Gold Reserves (USD mn) | 1.141 Feb 2024 | monthly | Sep 1973 - Feb 2024 |
| Total Deposits (USD mn) | 39,205.236 Jun 2023 | monthly | Jan 1999 - Jun 2023 |
| Total Deposits Growth (%) | 12.4 Jun 2023 | monthly | Jan 2000 - Jun 2023 |
| Domestic Credit (USD mn) | 47,328.3 Jun 2024 | monthly | Dec 1995 - Jun 2024 |
| Domestic Credit Growth (%) | 5.3 Jun 2024 | monthly | Dec 1996 - Jun 2024 |
| Total Loans (USD mn) | 46,974.620 Jun 2023 | monthly | Jan 1999 - Jun 2023 |
| Total Loans Growth (%) | 11.91 Jun 2023 | monthly | Jan 2000 - Jun 2023 |
| Private Debt: % of Nominal GDP (%) | 29.98 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| Money Supply: M3: M2 (KES mn) | 4,001,763.104 Jun 2024 | monthly | Dec 1995 - Jun 2024 |
| Money Supply: M3 (KES mn) | 5,341,472.785 Jun 2024 | monthly | Dec 1995 - Jun 2024 |
| Money Supply: M3: M2: M1 (KES mn) | 2,023,806.358 Jun 2024 | monthly | Dec 1995 - Jun 2024 |
More Indicators for Kenya
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
National Accounts
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Nominal
Gross Domestic Product: Real
SNA 1993: GDP: by Expenditure: Chain Linked 2001 Price
SNA 1993: GDP: by Industry: Chain Linked 2001 Price: Annual
SNA 2008: GDP: by Expenditure: Chain Linked 2009 Price
SNA 2008: GDP: by Expenditure: Current Price: Seasonally Adjusted
SNA 2008: GDP: by Industry: Chain Linked 2009 Price: Annual
SNA 2008: GDP: by Industry: Current Price: Annual
SNA 2008: GDP Deflator: 2009=100
SNA 2008: GDP: Gross Fixed Capital Formation: Current Price
SNA 2008: GDP: Output: Current Price
SNA 2008: GDP: Output: Intermediate Consumption: Current Price
SNA 2008: Gross National Disposable Income
Contribution to GDP
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
SNA 1993: GDP: by Industry: Chain Linked 2001 Price
SNA 1993: GDP: by Industry: Chain Linked 2001 Price: Seasonally Adjusted
SNA 2008: GDP: by Expenditure: Current Price
SNA 2008: GDP: by Industry: Chain Linked 2009 Price
SNA 2008: GDP: by Industry: Current Price
SNA 2008: GDP: Compensation of Employees: Current Price
SNA 2008: GDP: Gross Fixed Capital Formation: Chain Linked 2009 Price
SNA 2008: GDP: Gross Operating Surplus or Mixed Income: Current Price
SNA 2008: GDP: Output: Gross Value Added: Current Price
SNA 2008: GDP per Capita