Kenya Private Consumption: % of GDP

Key information about Kenya Private Consumption: % of GDP

• Kenya Private Consumption accounted for 76.2 % of its Nominal GDP in Dec 2023, compared with a ratio of 74.9 % in the previous year.
• Kenya Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1969 to Dec 2023, with an average share of 77.0 %.
• The data reached an all-time high of 87.6 % in Dec 1995 and a record low of 67.1 % in Dec 2010.

CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. The Kenya National Bureau of Statistics provides Private Consumption Expenditure in local currency and Nominal GDP in local currency. Private Consumption as % of Nominal GDP prior to 2006 is sourced from the International Monetary Fund.


Related information about Kenya Private Consumption: % of GDP

• In the latest reports, Kenya GDP expanded 5.2 % YoY in Sep 2022.
• Its Nominal GDP reached 26.9 USD bn in Sep 2022.
• Kenya GDP Per Capita reached 2,236.0 USD in Dec 2021.
• Its Gross Savings Rate was measured at 11.9 % in Dec 2023.

View Kenya's Private Consumption: % of GDP from 1969 to 2023 in the chart:

What was Kenya's Private Consumption: % of GDP in 2023?

Kenya Private Consumption accounted for 76.2 % of its Nominal GDP in Dec 2023, compared with a ratio of 74.9 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
76.2 2023	74.9 2022	67.1 2010	87.6 1995	%	yearly	1969 - 2023

Private Consumption: % of GDP by Country Comparison

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