Kenya - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Kenya was 8.13 as of 2019. Its highest value over the past 44 years was 39.60 in 1993, while its lowest value was 8.13 in 2019.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
1975 12.62
1976 18.17
1977 26.23
1978 18.86
1979 14.78
1980 17.82
1981 20.32
1982 16.83
1983 20.94
1984 18.56
1985 24.82
1986 21.94
1987 18.92
1988 21.00
1989 15.04
1990 19.84
1991 20.30
1992 15.80
1993 39.60
1994 35.60
1995 24.70
1996 16.80
1997 16.50
1998 16.40
1999 18.70
2000 13.00
2001 9.89
2002 8.61
2003 9.58
2004 12.10
2005 13.90
2006 16.10
2007 16.70
2008 15.40
2009 14.50
2010 14.20
2011 13.60
2012 12.60
2013 9.71
2014 10.70
2015 11.30
2016 11.60
2017 9.37
2018 8.72
2019 8.13

Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.

Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts