Net investment in nonfinancial assets (% of GDP) in Kenya
Kenya: Net investment in nonfinancial assets (% of GDP) was 6.9% in 2023. ▼ Falling
Net investment in nonfinancial assets in Kenya, 2014–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Kenya recorded 6.9% for net investment in nonfinancial assets in 2023.
The figure is up 180.1% on the previous year and up 53.8% over ten years.
Over the whole period, net investment in nonfinancial assets in Kenya peaked at 7.0% in 2015 and was at its lowest, 2.5%, in 2022.
Kenya ranks 18th of 156 countries on this measure, in the top quarter.
Net investment in nonfinancial assets (% of GDP) in Kenya, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 4.5% | — |
| 2015 | 7.0% | +56.6% |
| 2016 | 4.1% | -42.1% |
| 2017 | 6.5% | +61.1% |
| 2018 | 3.5% | -46.3% |
| 2019 | 4.4% | +24.4% |
| 2020 | 3.4% | -22.2% |
| 2021 | 2.8% | -17.4% |
| 2022 | 2.5% | -12.5% |
| 2023 | 6.9% | +180.1% |
Kenya compared with similar countries
- Kenya's 6.9% is above the median for lower middle income countries, which is 4.2%, 1.6× the median. (36 countries reporting)
- Kenya's 6.9% is above the median for Sub-Saharan Africa, which is 4.7%, 1.4× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.0% | 3.5% | 7.0% | 6 |
| 2020s | 3.9% | 2.5% | 6.9% | 4 |
Countries ranked near Kenya
- 15 Solomon Islands 7.7% compare
- 16 Maldives 7.4% compare
- 17 Kiribati 7.1% compare
- 19 Mozambique 6.9% compare
- 20 Tonga 6.8% compare
- 21 Central African Republic 6.7% compare
More public sector data for Kenya
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 117.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.3012 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -75 % change on previous year (2022)
Frequently asked questions
- What is net investment in nonfinancial assets in Kenya?
- Net investment in nonfinancial assets in Kenya was 6.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Kenya?
- The highest recorded value was 7.0% in 2015.
- What is the lowest net investment in nonfinancial assets recorded in Kenya?
- The lowest recorded value was 2.5% in 2022.
- How does Kenya rank for net investment in nonfinancial assets?
- Kenya ranks 18th out of 156 countries with data for 2023.
- Is net investment in nonfinancial assets rising or falling in Kenya?
- Over the last ten years it is up 53.8%. The long-run trend across the full record is falling.
- Where does this Kenya data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.