Kenya - Gross capital formation (annual % growth)

Gross capital formation (annual % growth) in Kenya was at 2.8258 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 kenya gross capital formation annual percent growth wb data




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Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and work in progress. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.


Kenya | Economy & Growth

Stock Markets, US$
63.45 USD
GDP (current US$)
63398041540 USD
GDP (current LCU)
6224369000000 LCU
GDP (constant 2000 US$)
52196109596 USD
GDP (constant LCU)
4050848000000 LCU
GNI (current US$)
62953018562 USD
GNI (current LCU)
6180677000000 LCU
GNI (constant 2000 US$)
51827115188 USD
GNI (constant LCU)
4022509227692 LCU
Gross savings (current LCU)
578106436701 LCU