Gross capital formation as a share of GDP reached 18.5 % in 2019 in Kenya, according to the National Statistical Office. This is 10.2 % more than in the previous year.
Historically, gross capital formation as a share of GDP in Kenya reached an all time high of 18.5 % in 2019 and an all time low of 0.131 % in 1964. When compared to Kenya's main peers, gross capital formation as a share of GDP in Ethiopia amounted to 39.4 %, 31.4 % in Tanzania and 28.9 % in Uganda in 2019.
Kenya has been ranked 130th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 5 places behind the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.