Annual growth of the gross capital formation in Saudi Arabia
Saudi Arabia: Annual growth of the gross capital formation was 3.9% in 2024. ◆ Volatile
Latest (2024)
3.9%
Change on year
down 26.5%
World rank
75th
of 174 countries
All-time high
33.1%
in 2006
All-time low
-19.2%
in 2020
Years of data
24
2001–2024
Annual growth of the gross capital formation in Saudi Arabia, 2001–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of the gross capital formation in Saudi Arabia is 3.9%, measured in 2024.
Compared with earlier readings it is down 26.5% on the previous year and down 56.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Saudi Arabia peaked at 33.1% in 2006 and was at its lowest, -19.2%, in 2020.
Saudi Arabia ranks 75th of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | -3.0% | — |
| 2002 | 20.0% | -765.0% |
| 2003 | 3.1% | -84.3% |
| 2004 | 23.7% | +657.0% |
| 2005 | 20.6% | -13.1% |
| 2006 | 33.1% | +60.6% |
| 2007 | 23.5% | -29.0% |
| 2008 | 30.0% | +28.0% |
| 2009 | -3.4% | -111.4% |
| 2010 | 12.1% | -451.2% |
| 2011 | 11.2% | -7.4% |
| 2012 | 4.9% | -56.4% |
| 2013 | 0.3% | -94.3% |
| 2014 | 8.9% | +3080.1% |
| 2015 | 2.7% | -69.3% |
| 2016 | -14.1% | -616.5% |
| 2017 | -2.7% | -80.6% |
| 2018 | -1.3% | -52.4% |
| 2019 | 14.5% | -1214.7% |
| 2020 | -19.2% | -232.4% |
| 2021 | 21.0% | -209.7% |
| 2022 | 15.8% | -25.1% |
| 2023 | 5.3% | -66.6% |
| 2024 | 3.9% | -26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.4% | -3.4% | 33.1% | 9 |
| 2010s | 3.6% | -14.1% | 14.5% | 10 |
| 2020s | 5.3% | -19.2% | 21.0% | 5 |
Countries ranked near Saudi Arabia
- 72 Belize 4.5% compare
- 73 Lebanon 4.5% compare
- 74 United Arab Emirates 4.2% compare
- 76 Portugal 3.8% compare
- 77 Montenegro 3.7% compare
- 78 United States of America 3.5% compare
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 27.03 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0212 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 731.09 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 52.91 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0256 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 882.47 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.9 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Saudi Arabia?
- Annual growth of the gross capital formation in Saudi Arabia was 3.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Saudi Arabia?
- The highest recorded value was 33.1% in 2006.
- What is the lowest annual growth of the gross capital formation recorded in Saudi Arabia?
- The lowest recorded value was -19.2% in 2020.
- How does Saudi Arabia rank for annual growth of the gross capital formation?
- Saudi Arabia ranks 75th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Saudi Arabia?
- Over the last ten years it is down 56.6%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).