Kenya Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Kenya's gross savings was 15.28% in 2025, ranked 123rd globally. This represents a 4.4% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Kenya's gross savings stood at 15.28% in 2025, a decline of +0.71% from 2024. The IMF projects 15.28% by 2025. Kenya ranked 123rd globally.
Kenya’s gross savings ratio has risen modestly over the 51‑year series, moving from 12.26 percent in 1975 to 15.28 percent in 2025, which places the country 123rd globally. The indicator reached its all‑time high of 37.16 percent in 1993, a level far above the recent figure, before falling to a trough of 5.01 percent in 2013, the lowest point in the series. The post‑trough recovery has been gradual, with the current rate marginally exceeding that of peers such as Colombia (14.77 percent) and Pakistan (14.27 percent) but still lagging behind the Slovak Republic (16.17 percent). The long‑term upward trend reflects improved fiscal discipline and modest growth in domestic investment, yet the gap with the 1993 peak indicates limited capacity to mobilise savings. Continued structural reforms, deeper financial inclusion and higher growth could accelerate savings accumulation and shift Kenya’s trajectory upward in the coming years.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 16.18% | - | - |
| 2029* IMF | 16.10% | - | - |
| 2028* IMF | 16.04% | - | - |
| 2027* IMF | 15.38% | - | - |
| 2026* IMF | 15.05% | - | - |
| 2025* IMF | 15.28% | - | - |
| 2025 | 15.28% | −0.71% | #123 |
| 2024 | 15.99% | +3.02% | #126 |
| 2023 | 16.05% | +2.05% | #128 |
| 2022 | 16.26% | +0.98% | #137 |
| 2021 | 16.54% | +0.55% | #138 |
| 2020 | 15.33% | −1.77% | #137 |
| 2019 | 14.07% | −1.32% | #155 |
| 2018 | 14.47% | −0.62% | #148 |
| 2017 | 13.28% | −1.94% | #159 |
| 2016 | 13.96% | −3.07% | #146 |
| 2015 | 6.80% | −8.83% | #176 |
| 2014 | 6.07% | −8.50% | #175 |
| 2013 | 5.01% | −9.70% | #170 |
| 2012 | 6.50% | −7.19% | #165 |
| 2011 | 6.53% | −9.51% | #163 |
Detected Pattern
Analysis
Kenya matched the Fiscal Dominance Trap pattern in 2008. Historically, 72% of countries showing this pattern (278 out of 386) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Kenya's gross savings was 15.28% in 2025. Ranked 123rd globally. This represents a 4.4% decrease from the previous year.
Kenya's gross savings peaked at 37.16% in 1993.
The lowest gross savings in Kenya was 5.01% in 2013.
Kenya ranks 123rd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Kenya's gross savings is projected to reach 15.28% by 2025 based on IMF projection.
The gross savings of Kenya in 2025 was 15.28%. This ranks 123rd in the world.
Cite this page
@misc{historysaid_kenya_gross-savings,
title = {Kenya Gross Savings},
url = {https://historysaid.com/kenya/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}