Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Saudi Arabia
Saudi Arabia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.4085 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Saudi Arabia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Saudi Arabia stood at 0.4085 million SLC per square kilometre. That is the highest value across all 54 years on record.
The figure is up 5.3% on the previous year and up 33.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Saudi Arabia peaked at 0.4085 million SLC per square kilometre in 2023 and was at its lowest, 0.0135 million SLC per square kilometre, in 1970.
Saudi Arabia ranks 137th of 194 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.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Saudi Arabia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0135 million SLC per square kilometre | — |
| 1971 | 0.0136 million SLC per square kilometre | +0.5% |
| 1972 | 0.0183 million SLC per square kilometre | +34.8% |
| 1973 | 0.0257 million SLC per square kilometre | +40.4% |
| 1974 | 0.0199 million SLC per square kilometre | -22.5% |
| 1975 | 0.0396 million SLC per square kilometre | +99.1% |
| 1976 | 0.0546 million SLC per square kilometre | +37.8% |
| 1977 | 0.0696 million SLC per square kilometre | +27.5% |
| 1978 | 0.0809 million SLC per square kilometre | +16.3% |
| 1979 | 0.0738 million SLC per square kilometre | -8.8% |
| 1980 | 0.0654 million SLC per square kilometre | -11.4% |
| 1981 | 0.0702 million SLC per square kilometre | +7.3% |
| 1982 | 0.0737 million SLC per square kilometre | +5.1% |
| 1983 | 0.0735 million SLC per square kilometre | -0.3% |
| 1984 | 0.0664 million SLC per square kilometre | -9.7% |
| 1985 | 0.0556 million SLC per square kilometre | -16.3% |
| 1986 | 0.0591 million SLC per square kilometre | +6.2% |
| 1987 | 0.0562 million SLC per square kilometre | -4.8% |
| 1988 | 0.0516 million SLC per square kilometre | -8.3% |
| 1989 | 0.0507 million SLC per square kilometre | -1.7% |
| 1990 | 0.0562 million SLC per square kilometre | +10.9% |
| 1991 | 0.0658 million SLC per square kilometre | +17.1% |
| 1992 | 0.0687 million SLC per square kilometre | +4.3% |
| 1993 | 0.0742 million SLC per square kilometre | +8.0% |
| 1994 | 0.0628 million SLC per square kilometre | -15.4% |
| 1995 | 0.0659 million SLC per square kilometre | +5.0% |
| 1996 | 0.0612 million SLC per square kilometre | -7.1% |
| 1997 | 0.0638 million SLC per square kilometre | +4.2% |
| 1998 | 0.0679 million SLC per square kilometre | +6.5% |
| 1999 | 0.0738 million SLC per square kilometre | +8.6% |
| 2000 | 0.0773 million SLC per square kilometre | +4.8% |
| 2001 | 0.0785 million SLC per square kilometre | +1.5% |
| 2002 | 0.08 million SLC per square kilometre | +1.8% |
| 2003 | 0.0918 million SLC per square kilometre | +14.8% |
| 2004 | 0.1129 million SLC per square kilometre | +23.0% |
| 2005 | 0.1388 million SLC per square kilometre | +22.9% |
| 2006 | 0.1667 million SLC per square kilometre | +20.1% |
| 2007 | 0.2012 million SLC per square kilometre | +20.6% |
| 2008 | 0.2255 million SLC per square kilometre | +12.1% |
| 2009 | 0.2148 million SLC per square kilometre | -4.7% |
| 2010 | 0.2376 million SLC per square kilometre | +10.6% |
| 2011 | 0.2748 million SLC per square kilometre | +15.6% |
| 2012 | 0.2885 million SLC per square kilometre | +5.0% |
| 2013 | 0.3052 million SLC per square kilometre | +5.8% |
| 2014 | 0.329 million SLC per square kilometre | +7.8% |
| 2015 | 0.3428 million SLC per square kilometre | +4.2% |
| 2016 | 0.2974 million SLC per square kilometre | -13.3% |
| 2017 | 0.3004 million SLC per square kilometre | +1.0% |
| 2018 | 0.3077 million SLC per square kilometre | +2.4% |
| 2019 | 0.3227 million SLC per square kilometre | +4.9% |
| 2020 | 0.2896 million SLC per square kilometre | -10.3% |
| 2021 | 0.3199 million SLC per square kilometre | +10.5% |
| 2022 | 0.3879 million SLC per square kilometre | +21.3% |
| 2023 | 0.4085 million SLC per square kilometre | +5.3% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 0.4085 million SLC per square kilometre is below the median for high income countries, which is 1.92 million SLC per square kilometre, 21% of the median. (73 countries reporting)
- Saudi Arabia's 0.4085 million SLC per square kilometre is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.52 million SLC per square kilometre, 12% of 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 | +99.1% | 0.0199 million SLC per square kilometre | 0.0396 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0409 million SLC per square kilometre | 0.0135 million SLC per square kilometre | 0.0809 million SLC per square kilometre | 10 |
| 1980s | 0.0622 million SLC per square kilometre | 0.0507 million SLC per square kilometre | 0.0737 million SLC per square kilometre | 10 |
| 1990s | 0.066 million SLC per square kilometre | 0.0562 million SLC per square kilometre | 0.0742 million SLC per square kilometre | 10 |
| 2000s | 0.1388 million SLC per square kilometre | 0.0773 million SLC per square kilometre | 0.2255 million SLC per square kilometre | 10 |
| 2010s | 0.3006 million SLC per square kilometre | 0.2376 million SLC per square kilometre | 0.3428 million SLC per square kilometre | 10 |
| 2020s | 0.3515 million SLC per square kilometre | 0.2896 million SLC per square kilometre | 0.4085 million SLC per square kilometre | 4 |
Countries ranked near Saudi Arabia
- 134 Ethiopia 0.4317 million SLC per square kilometre compare
- 135 Egypt 0.4291 million SLC per square kilometre compare
- 136 Central African Republic 0.4236 million SLC per square kilometre compare
- 138 Argentina 0.3638 million SLC per square kilometre compare
- 139 Tonga 0.3442 million SLC per square kilometre compare
- 140 Panama 0.331 million SLC per square kilometre 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 0.4085 million SLC per square kilometre in 2023, 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 0.4085 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Saudi Arabia?
- The lowest recorded value was 0.0135 million SLC per square kilometre in 1970.
- How does Saudi Arabia rank for gross fixed capital formation — value standard local currency, 2015?
- Saudi Arabia ranks 137th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Saudi Arabia?
- Over the last ten years it is up 33.9%. The long-run trend across the full record is volatile.
- 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.