Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Saudi Arabia
Saudi Arabia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0253 million SLC per person in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Saudi Arabia, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Saudi Arabia stood at 0.0253 million SLC per person.
The figure is down 3.0% on the previous year and up 1.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Saudi Arabia peaked at 0.0323 million SLC per person in 1978 and was at its lowest, 0.0078 million SLC per person, in 1971.
That places Saudi Arabia 81st out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Saudi Arabia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0081 million SLC per person | — |
| 1971 | 0.0078 million SLC per person | -3.9% |
| 1972 | 0.0101 million SLC per person | +28.5% |
| 1973 | 0.0134 million SLC per person | +33.6% |
| 1974 | 0.0099 million SLC per person | -26.4% |
| 1975 | 0.0187 million SLC per person | +88.9% |
| 1976 | 0.0244 million SLC per person | +30.5% |
| 1977 | 0.0294 million SLC per person | +20.6% |
| 1978 | 0.0323 million SLC per person | +9.8% |
| 1979 | 0.0278 million SLC per person | -14.0% |
| 1980 | 0.0232 million SLC per person | -16.4% |
| 1981 | 0.0235 million SLC per person | +1.1% |
| 1982 | 0.0232 million SLC per person | -1.1% |
| 1983 | 0.0218 million SLC per person | -6.2% |
| 1984 | 0.0186 million SLC per person | -14.9% |
| 1985 | 0.0147 million SLC per person | -20.9% |
| 1986 | 0.0147 million SLC per person | +0.3% |
| 1987 | 0.0132 million SLC per person | -10.0% |
| 1988 | 0.0115 million SLC per person | -13.0% |
| 1989 | 0.0108 million SLC per person | -6.5% |
| 1990 | 0.0114 million SLC per person | +5.6% |
| 1991 | 0.0127 million SLC per person | +11.6% |
| 1992 | 0.0126 million SLC per person | -0.4% |
| 1993 | 0.013 million SLC per person | +3.3% |
| 1994 | 0.0106 million SLC per person | -18.9% |
| 1995 | 0.0107 million SLC per person | +0.7% |
| 1996 | 0.0095 million SLC per person | -10.7% |
| 1997 | 0.0095 million SLC per person | +0.2% |
| 1998 | 0.0098 million SLC per person | +2.6% |
| 1999 | 0.0103 million SLC per person | +4.8% |
| 2000 | 0.0103 million SLC per person | +0.2% |
| 2001 | 0.0099 million SLC per person | -3.6% |
| 2002 | 0.0096 million SLC per person | -3.1% |
| 2003 | 0.0105 million SLC per person | +9.5% |
| 2004 | 0.0123 million SLC per person | +17.4% |
| 2005 | 0.0145 million SLC per person | +17.6% |
| 2006 | 0.0167 million SLC per person | +15.1% |
| 2007 | 0.0193 million SLC per person | +15.7% |
| 2008 | 0.0208 million SLC per person | +7.7% |
| 2009 | 0.0191 million SLC per person | -8.4% |
| 2010 | 0.0213 million SLC per person | +11.7% |
| 2011 | 0.0235 million SLC per person | +10.5% |
| 2012 | 0.0237 million SLC per person | +0.7% |
| 2013 | 0.0238 million SLC per person | +0.2% |
| 2014 | 0.025 million SLC per person | +5.2% |
| 2015 | 0.0247 million SLC per person | -1.1% |
| 2016 | 0.0207 million SLC per person | -16.5% |
| 2017 | 0.0208 million SLC per person | +1.0% |
| 2018 | 0.0219 million SLC per person | +5.1% |
| 2019 | 0.0231 million SLC per person | +5.3% |
| 2020 | 0.0197 million SLC per person | -14.5% |
| 2021 | 0.0223 million SLC per person | +13.2% |
| 2022 | 0.0259 million SLC per person | +16.0% |
| 2023 | 0.0261 million SLC per person | +0.5% |
| 2024 | 0.0253 million SLC per person | -3.0% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 0.0253 million SLC per person is above the median for high income countries, which is 0.0119 million SLC per person, 2.1× the median. (73 countries reporting)
- Saudi Arabia's 0.0253 million SLC per person is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0124 million SLC per person, 2.0× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Saudi Arabia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +88.9% | 0.0099 million SLC per person | 0.0187 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0182 million SLC per person | 0.0078 million SLC per person | 0.0323 million SLC per person | 10 |
| 1980s | 0.0175 million SLC per person | 0.0108 million SLC per person | 0.0235 million SLC per person | 10 |
| 1990s | 0.011 million SLC per person | 0.0095 million SLC per person | 0.013 million SLC per person | 10 |
| 2000s | 0.0143 million SLC per person | 0.0096 million SLC per person | 0.0208 million SLC per person | 10 |
| 2010s | 0.0228 million SLC per person | 0.0207 million SLC per person | 0.025 million SLC per person | 10 |
| 2020s | 0.0239 million SLC per person | 0.0197 million SLC per person | 0.0261 million SLC per person | 5 |
Countries ranked near Saudi Arabia
- 78 Kyrgyzstan 0.0303 million SLC per person compare
- 79 Maldives 0.0302 million SLC per person compare
- 80 Guinea-Bissau 0.026 million SLC per person compare
- 82 Sint Maarten (Dutch part) 0.0221 million SLC per person compare
- 83 Singapore 0.0219 million SLC per person compare
- 84 Switzerland 0.021 million SLC per person 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 gross fixed capital formation — value standard local currency, 2015 in Saudi Arabia?
- Gross fixed capital formation — value standard local currency, 2015 in Saudi Arabia was 0.0253 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Saudi Arabia?
- The highest recorded value was 0.0323 million SLC per person in 1978.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Saudi Arabia?
- The lowest recorded value was 0.0078 million SLC per person in 1971.
- How does Saudi Arabia rank for gross fixed capital formation — value standard local currency, 2015?
- Saudi Arabia ranks 81st out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Saudi Arabia?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.