Wealth share of the richest 1% in Kenya

Kenya: Wealth share of the richest 1% was 25.9% in 2024. ▼ Falling

Latest (2024)
25.9%
Change on year
unchanged
World rank
129th
of 215 countries
All-time high
46.9%
in 1970
All-time low
24.8%
in 2020
Years of data
56
1820–2024

Wealth share of the richest 1% in Kenya, 1820–2024

01020304050182019222024

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for wealth share of the richest 1% in Kenya is 25.9%, measured in 2024.

Compared with earlier readings it is down 7.4% over ten years.

Over the whole period, wealth share of the richest 1% in Kenya peaked at 46.9% in 1970 and was at its lowest, 24.8%, in 2020.

Kenya ranks 129th of 215 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 56 years of available data.

Wealth share of the richest 1% in Kenya, year by year

Annual values for Wealth share of the richest 1% in Kenya, 1820 to 2024.
Year % Change
1820 41.8%
1850 43.6% +4.4%
1880 45.7% +4.7%
1900 45.7% +0.1%
1910 45.6% -0.2%
1920 45.7% +0.2%
1930 45.8% +0.2%
1940 45.9% +0.2%
1950 46.1% +0.3%
1960 46.8% +1.5%
1970 46.9% +0.3%
1980 40.2% -14.3%
1981 40.2% -0.0%
1982 40.2% +0.0%
1983 40.2% +0.0%
1984 40.2% -0.1%
1985 40.2% +0.0%
1986 40.2% -0.0%
1987 40.2% +0.0%
1988 40.2% -0.0%
1989 40.2% -0.0%
1990 40.2% +0.1%
1991 40.2% -0.0%
1992 40.2% -0.0%
1993 38.6% -3.9%
1994 29.6% -23.5%
1995 30.5% +3.1%
1996 31.3% +2.7%
1997 32.4% +3.5%
1998 32.6% +0.5%
1999 32.7% +0.4%
2000 32.8% +0.2%
2001 32.9% +0.3%
2002 32.9% +0.1%
2003 33.3% +1.2%
2004 33.5% +0.6%
2005 33.6% +0.3%
2006 32.4% -3.5%
2007 31.8% -2.0%
2008 31.1% -2.0%
2009 30.6% -1.7%
2010 30.1% -1.8%
2011 29.6% -1.6%
2012 29.0% -2.0%
2013 28.5% -1.7%
2014 28.0% -1.7%
2015 26.9% -3.9%
2016 26.4% -2.0%
2017 25.9% -1.6%
2018 25.6% -1.3%
2019 25.2% -1.6%
2020 24.8% -1.5%
2021 28.1% +13.1%
2022 25.9% -7.7%
2023 25.9% +0.0%
2024 25.9% +0.0%

Kenya compared with similar countries

  • Kenya's 25.9% is below the median for lower middle income countries, which is 27.2%, 95% of the median. (47 countries reporting)
  • Kenya's 25.9% is below the median for Sub-Saharan Africa, which is 26.3%, 99% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1820s 41.8% 41.8% 41.8% 1
1850s 43.6% 43.6% 43.6% 1
1880s 45.7% 45.7% 45.7% 1
1900s 45.7% 45.7% 45.7% 1
1910s 45.6% 45.6% 45.6% 1
1920s 45.7% 45.7% 45.7% 1
1930s 45.8% 45.8% 45.8% 1
1940s 45.9% 45.9% 45.9% 1
1950s 46.1% 46.1% 46.1% 1
1960s 46.8% 46.8% 46.8% 1
1970s 46.9% 46.9% 46.9% 1
1980s 40.2% 40.2% 40.2% 10
1990s 34.8% 29.6% 40.2% 10
2000s 32.5% 30.6% 33.6% 10
2010s 27.5% 25.2% 30.1% 10
2020s 26.1% 24.8% 28.1% 5

Countries ranked near Kenya

  1. 126 South Korea 26.1% compare
  2. 127 Burkina Faso 26.1% compare
  3. 128 Mauritius 26.0% compare
  4. 130 Burundi 25.9% compare
  5. 131 Libya 25.9% compare
  6. 132 Sierra Leone 25.8% compare

See the full ranking of 215 places →

More reference data data for Kenya

All data for Kenya →

Frequently asked questions

What is wealth share of the richest 1% in Kenya?
Wealth share of the richest 1% in Kenya was 25.9% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Kenya?
The highest recorded value was 46.9% in 1970.
What is the lowest wealth share of the richest 1% recorded in Kenya?
The lowest recorded value was 24.8% in 2020.
How does Kenya rank for wealth share of the richest 1%?
Kenya ranks 129th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Kenya?
Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
Where does this Kenya data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

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Wealth share of the richest 1% in Kenya. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/kenya/

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.