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Kenya - Gross Savings 2021

Gross savings as % of GDP · World Bank
16.54% +0.55% from 2020 Global rank: 138th

Kenya's gross savings was 16.54% in 2021, increased +0.55% from 15.33% in 2020. This was the 138th highest globally.

Global Ranking - 2021
Gross Savings by Country - 2021
RankCountryValueYoY
1st South Sudan 60.98% 1,309.5%
2nd Qatar 51.45% 23.1%
3rd Brunei Darussalam 49.73% -2.3%
4th Iran, Islamic Republic of 46.68% -3.1%
5th Zambia 45.14% 2.5%
6th China 44.68% 1.7%
7th Singapore 44.18% 9.6%
8th Zimbabwe 42.87% -2.6%
9th Timor-Leste 42.72% 107.5%
10th Bermuda 41.97% 6.8%
11th Iraq 40.51% 262.8%
12th Tajikistan 40.43% 92.0%
13th Kuwait 39.65% 72.3%
14th United Arab Emirates 38.45% 24.5%
15th Algeria 38.29% 15.4%
16th San Marino 38.16% 21.3%
17th Norway 38.02% 17.2%
18th Tanzania 37.05% 2.4%
19th Gabon 36.96% 25.1%
20th Korea 36.68% 2.2%
21st Vanuatu 36.09% 9.4%
22nd Bangladesh 36.05% 14.7%
23rd Cambodia 35.37% 16.4%
24th Ireland 34.95% -1.6%
25th Mauritania 34.94% -9.8%
26th Equatorial Guinea 34.58% 23.3%
27th Bahrain 34.46% 22.0%
28th Türkiye 33.72% 12.0%
29th Switzerland 33.71% 11.6%
30th Suriname 33.66% -10.2%
31st Sri Lanka 33.00% 4.9%
32nd Indonesia 32.94% 3.2%
33rd Viet Nam 32.60% -10.1%
34th Chad 32.55% 7.5%
35th Azerbaijan 32.53% 47.7%
36th Denmark 32.50% 8.4%
37th Netherlands 32.44% 19.9%
38th Botswana 32.06% 20.7%
39th Congo, Republic of 31.66% -12.8%
40th Congo, Democratic Republic of 31.57% 233.4%
41st Sweden 31.09% 3.5%
42nd Nepal 30.91% 5.0%
43rd Saudi Arabia 30.47% 52.3%
44th Macao SAR, China 30.05% -23.9%
45th India 29.87% 0.2%
46th Russian Federation 29.81% 15.4%
47th Belarus 29.66% 9.2%
48th Japan 29.65% 5.2%
49th Germany 29.51% 5.2%
50th Austria 29.47% 1.6%
51st Burundi 29.35% 234.5%
52nd Myanmar 29.18% -5.8%
53rd North Macedonia 29.10% 7.8%
54th Israel 28.88% 0.7%
55th Samoa 28.85% -14.3%
56th Libya 28.83% 7,330.7%
57th Panama 28.73% 18.9%
58th Hong Kong SAR, China 28.61% 10.2%
59th Czechia 28.53% 7.7%
60th Antigua and Barbuda 28.41% 26.6%
61st Morocco 28.37% 3.3%
62nd Uzbekistan 27.69% -3.2%
63rd Thailand 27.46% -1.7%
64th Estonia 27.27% 0.5%
65th Kosovo 27.22% 2.4%
66th Dominican Republic 27.08% 16.8%
67th Tonga 26.80% 28.9%
68th Malta 26.79% -25.9%
69th St. Kitts and Nevis 26.65% 39.1%
70th Hungary 26.60% -0.4%
71st Belgium 26.31% 5.4%
72nd European Union 26.10% 7.5%
73rd Malaysia 26.01% 9.2%
74th Senegal 26.00% 2.7%
75th Angola 25.69% -31.0%
76th Slovenia 25.37% -9.2%
77th Australia 25.20% 3.7%
78th Finland 25.12% -1.0%
79th Kazakhstan 24.50% 9.6%
80th Kiribati 24.23% -47.4%
81st Gambia, The 24.02% 62.2%
82nd Italy 24.01% 10.8%
83rd Bhutan 23.96% -14.1%
84th Ecuador 23.60% 19.9%
85th France 23.45% 13.0%
86th Lithuania 23.33% -2.3%
87th Canada 23.30% 12.8%
88th Paraguay 22.90% 4.4%
89th Eswatini 22.89% 8.5%
90th Benin 22.84% -4.4%
91st Spain 22.64% 5.7%
92nd Croatia 22.58% 1.6%
93rd Belize 22.39% 12.2%
94th Oman 22.38% 106.2%
95th Trinidad and Tobago 22.01% 39.3%
96th Mexico 21.67% -4.2%
97th Latvia 21.65% -14.0%
98th Serbia 21.48% 6.5%
99th Togo 21.18% 0.5%
100th Albania 21.02% 26.8%
101st Guinea-Bissau 20.56% 37.2%
102nd Bulgaria 20.47% -0.5%
103rd Poland 20.47% -3.7%
104th Lesotho 20.44% -20.2%
105th Bosnia and Herzegovina 20.39% 3.3%
106th Luxembourg 20.37% -10.8%
107th Mongolia 20.29% 17.2%
108th Philippines 20.20% -2.1%
109th Peru 20.19% -0.8%
110th Uganda 20.18% 37.1%
111th Portugal 19.82% 8.2%
112th Nicaragua 19.77% -17.9%
113th Armenia 19.69% 25.7%
114th Argentina 19.41% 28.5%
115th El Salvador 19.32% 5.5%
116th Jamaica 19.25% 3.7%
117th Romania 19.19% 0.3%
118th Côte d'Ivoire 19.05% 7.3%
119th Guatemala 18.93% 2.0%
120th Solomon Islands 18.91% 18.5%
121st Iceland 18.72% -18.3%
122nd Nigeria 18.70% 1.7%
123rd New Zealand 18.41% -13.0%
124th Kyrgyz Republic 18.37% -16.3%
125th Slovak Republic 18.29% -7.3%
126th Honduras 18.27% -18.8%
127th United Kingdom 18.14% 24.0%
128th United States 18.03% -1.1%
129th Jordan 17.69% 36.3%
130th Bolivia, Plurinational State of 17.59% 41.0%
131st Cabo Verde 17.57% -1.1%
132nd Brazil 17.22% 19.3%
133rd Mali 17.22% 13.6%
134th Niger 16.99% -5.6%
135th Chile 16.66% -12.9%
136th Maldives 16.58% 3,667.8%
137th South Africa 16.57% 15.7%
138th Kenya 16.54% 3.4%
139th West Bank and Gaza 16.27% 33.7%
140th Rwanda 16.23% 39.1%
141st Montenegro 16.19% 328.5%
142nd Burkina Faso 15.88% -25.3%
143rd Uruguay 15.86% 1.7%
144th Grenada 15.74% -3.5%
145th Ghana 15.60% -6.8%
146th São Tomé and Principe 14.99% 108.5%
147th Costa Rica 14.53% -3.9%
148th Moldova 14.43% -10.8%
149th Cyprus 14.16% 29.3%
150th Cameroon 13.94% 3.2%
151st Egypt, Arab Republic of 13.89% -12.6%
152nd Pakistan 13.82% 3.6%
153rd Colombia 13.73% -12.5%
154th Haiti 13.68% -24.2%
155th Comoros 13.56% -15.8%
156th Afghanistan 12.93% -58.3%
157th Mozambique 12.59% -31.2%
158th Ukraine 12.56% 2.6%
159th Madagascar 12.48% 1.1%
160th Mauritius 12.14% 4.9%
161st Guinea 11.56% 920.1%
162nd Marshall Islands 11.46% -24.2%
163rd St. Lucia 11.34% 112.4%
164th Georgia 10.42% -14.4%
165th Greece 9.93% 57.9%
166th St. Vincent and the Grenadines 9.82% -20.8%
167th Sierra Leone 9.45% -0.5%
168th Bahamas, The 9.38% 20,483.8%
169th Djibouti 9.19% -19.4%
170th Tunisia 9.04% 33.4%
171st Aruba 8.94% 8.2%
172nd Sudan 6.72% 202.2%
173rd Barbados 6.51% -43.1%
174th Central African Republic 4.86% -54.0%
175th Namibia 4.48% -73.9%
176th Dominica 1.74% 113.5%
177th Malawi 1.31% 120.8%
178th Palau -4.70% 23.2%
179th Lebanon -6.60% -290.1%
180th Yemen, Republic of -8.29% 17.9%
181st Seychelles -11.09% -220.3%
182nd Guyana -16.36% -97.4%

FAQ

What was Kenya's gross savings in 2021?

Kenya's gross savings in 2021 was 16.54%. This ranked 138th globally.

How did Kenya's gross savings change in 2021?

Kenya's gross savings increased by 3.4% in 2021 compared to 2020.

Which country had the highest gross savings in 2021?

South Sudan had the highest gross savings in 2021 at 60.98%.

What is the gross savings of Kenya in 2021?

The gross savings of Kenya in 2021 was 16.54%. This ranked 138th globally.

How does 2021 compare to 2020 for Kenya's gross savings?

Kenya's gross savings went from 15.33% in 2020 to 16.54% in 2021, a 3.4% increase.