Gross Fixed Capital: Value Standard Local … Gross rate annual growth in Saudi Arabia
Saudi Arabia: Gross Fixed Capital: Value Standard Local … Gross rate annual growth was 4.46 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Saudi Arabia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value standard local currency, annual in Saudi Arabia stood at 4.46 % change on previous year.
That represents a change of down 50.6% on the previous year and down 44.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Saudi Arabia peaked at 100.93 % change on previous year in 1975 and was at its lowest, -20.91 % change on previous year, in 1985.
That places Saudi Arabia 150th out of 230 countries with data for 2024, putting it 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: Value Standard Local … Gross rate annual growth in Saudi Arabia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 14.56 % change on previous year | — |
| 1972 | 39.16 % change on previous year | +169.0% |
| 1973 | 58.32 % change on previous year | +48.9% |
| 1974 | 83.89 % change on previous year | +43.9% |
| 1975 | 100.93 % change on previous year | +20.3% |
| 1976 | 68.99 % change on previous year | -31.6% |
| 1977 | 38.07 % change on previous year | -44.8% |
| 1978 | 22.57 % change on previous year | -40.7% |
| 1979 | 14.47 % change on previous year | -35.9% |
| 1980 | 21.09 % change on previous year | +45.7% |
| 1981 | 16.59 % change on previous year | -21.3% |
| 1982 | -1.13 % change on previous year | -106.8% |
| 1983 | -8.05 % change on previous year | +612.3% |
| 1984 | -11.8 % change on previous year | +46.6% |
| 1985 | -20.91 % change on previous year | +77.2% |
| 1986 | -13.33 % change on previous year | -36.3% |
| 1987 | -1.42 % change on previous year | -89.3% |
| 1988 | -12.71 % change on previous year | +792.0% |
| 1989 | 6.13 % change on previous year | -148.3% |
| 1990 | 25.39 % change on previous year | +314.0% |
| 1991 | 20.7 % change on previous year | -18.5% |
| 1992 | 3.46 % change on previous year | -83.3% |
| 1993 | 4.68 % change on previous year | +35.4% |
| 1994 | -14.54 % change on previous year | -410.4% |
| 1995 | 11.09 % change on previous year | -176.3% |
| 1996 | -0.453 % change on previous year | -104.1% |
| 1997 | 6.22 % change on previous year | -1472.2% |
| 1998 | 3.4 % change on previous year | -45.2% |
| 1999 | 4.64 % change on previous year | +36.2% |
| 2000 | 4.34 % change on previous year | -6.4% |
| 2001 | 2.25 % change on previous year | -48.2% |
| 2002 | 1.56 % change on previous year | -30.4% |
| 2003 | 15.64 % change on previous year | +900.7% |
| 2004 | 25.51 % change on previous year | +63.1% |
| 2005 | 27.88 % change on previous year | +9.3% |
| 2006 | 21.45 % change on previous year | -23.1% |
| 2007 | 27.71 % change on previous year | +29.2% |
| 2008 | 20.56 % change on previous year | -25.8% |
| 2009 | -6.76 % change on previous year | -132.9% |
| 2010 | 16.76 % change on previous year | -348.0% |
| 2011 | 17.55 % change on previous year | +4.7% |
| 2012 | 8.15 % change on previous year | -53.6% |
| 2013 | 7.84 % change on previous year | -3.8% |
| 2014 | 8.02 % change on previous year | +2.2% |
| 2015 | 2.85 % change on previous year | -64.5% |
| 2016 | -13.22 % change on previous year | -564.4% |
| 2017 | 0.3978 % change on previous year | -103.0% |
| 2018 | 2.45 % change on previous year | +515.9% |
| 2019 | 7.01 % change on previous year | +186.2% |
| 2020 | -5.74 % change on previous year | -181.9% |
| 2021 | 20.04 % change on previous year | -449.1% |
| 2022 | 28.59 % change on previous year | +42.7% |
| 2023 | 9.03 % change on previous year | -68.4% |
| 2024 | 4.46 % change on previous year | -50.6% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 4.46 % change on previous year is above the median for high income countries, which is 3.69 % change on previous year, 1.2× the median. (73 countries reporting)
- Saudi Arabia's 4.46 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.52 % change on previous year, 81% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital: Value Standard Local … Gross rate annual growth 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 |
|---|---|---|---|
| 1997 | +1472.2% | -0.453 % change on previous year | 6.22 % change on previous year |
| 2003 | +900.7% | 1.56 % change on previous year | 15.64 % change on previous year |
| 1988 | -792.0% | -1.42 % change on previous year | -12.71 % change on previous year |
| 1983 | -612.3% | -1.13 % change on previous year | -8.05 % change on previous year |
| 2016 | -564.4% | 2.85 % change on previous year | -13.22 % change on previous year |
| 2018 | +515.9% | 0.3978 % change on previous year | 2.45 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.99 % change on previous year | 14.47 % change on previous year | 100.93 % change on previous year | 9 |
| 1980s | -2.55 % change on previous year | -20.91 % change on previous year | 21.09 % change on previous year | 10 |
| 1990s | 6.46 % change on previous year | -14.54 % change on previous year | 25.39 % change on previous year | 10 |
| 2000s | 14.01 % change on previous year | -6.76 % change on previous year | 27.88 % change on previous year | 10 |
| 2010s | 5.78 % change on previous year | -13.22 % change on previous year | 17.55 % change on previous year | 10 |
| 2020s | 11.28 % change on previous year | -5.74 % change on previous year | 28.59 % change on previous year | 5 |
Countries ranked near Saudi Arabia
- 147 Grenada 4.66 % change on previous year compare
- 148 Saint Lucia 4.59 % change on previous year compare
- 149 Anguilla 4.47 % change on previous year compare
- 151 Barbados 4.36 % change on previous year compare
- 152 Romania 4.35 % change on previous year compare
- 153 Netherlands (Kingdom of the) 4.31 % change on previous year compare
More economy & growth data for Saudi Arabia
- Real gdp growth, annual growth rate 69.95 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0168 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 580.45 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.3713 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0123 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 423.84 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.52 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in Saudi Arabia?
- Gross fixed capital formation — value standard local currency, annual in Saudi Arabia was 4.46 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Saudi Arabia?
- The highest recorded value was 100.93 % change on previous year in 1975.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Saudi Arabia?
- The lowest recorded value was -20.91 % change on previous year in 1985.
- How does Saudi Arabia rank for gross fixed capital formation — value standard local currency, annual?
- Saudi Arabia ranks 150th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Saudi Arabia?
- Over the last ten years it is down 44.4%. 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, annual growth rate. 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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.