Gross Fixed Capital Formation — Value Standard Local Currency, per in Saudi Arabia
Saudi Arabia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.033 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Saudi Arabia, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Saudi Arabia recorded 0.033 million SLC per person for gross fixed capital formation — value standard local currency, per in 2024.
Compared with earlier readings it is down 0.3% on the previous year and up 30.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Saudi Arabia peaked at 0.0331 million SLC per person in 2023 and was at its lowest, 0.0009 million SLC per person, in 1970.
That places Saudi Arabia 86th out of 194 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 Formation — Value Standard Local Currency, per in Saudi Arabia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0009 million SLC per person | — |
| 1971 | 0.0009 million SLC per person | +9.6% |
| 1972 | 0.0013 million SLC per person | +32.7% |
| 1973 | 0.0019 million SLC per person | +50.6% |
| 1974 | 0.0033 million SLC per person | +74.7% |
| 1975 | 0.0063 million SLC per person | +90.7% |
| 1976 | 0.0101 million SLC per person | +60.1% |
| 1977 | 0.0131 million SLC per person | +30.6% |
| 1978 | 0.0152 million SLC per person | +15.8% |
| 1979 | 0.0164 million SLC per person | +8.0% |
| 1980 | 0.0188 million SLC per person | +14.2% |
| 1981 | 0.0206 million SLC per person | +9.8% |
| 1982 | 0.0192 million SLC per person | -7.0% |
| 1983 | 0.0166 million SLC per person | -13.5% |
| 1984 | 0.0138 million SLC per person | -16.9% |
| 1985 | 0.0103 million SLC per person | -25.3% |
| 1986 | 0.0084 million SLC per person | -18.1% |
| 1987 | 0.0078 million SLC per person | -6.8% |
| 1988 | 0.0065 million SLC per person | -17.2% |
| 1989 | 0.0066 million SLC per person | +0.9% |
| 1990 | 0.0078 million SLC per person | +19.4% |
| 1991 | 0.009 million SLC per person | +15.1% |
| 1992 | 0.0089 million SLC per person | -1.2% |
| 1993 | 0.0089 million SLC per person | +0.1% |
| 1994 | 0.0073 million SLC per person | -18.1% |
| 1995 | 0.0078 million SLC per person | +6.6% |
| 1996 | 0.0074 million SLC per person | -4.4% |
| 1997 | 0.0076 million SLC per person | +2.2% |
| 1998 | 0.0076 million SLC per person | -0.4% |
| 1999 | 0.0076 million SLC per person | +0.9% |
| 2000 | 0.0076 million SLC per person | -0.2% |
| 2001 | 0.0074 million SLC per person | -2.9% |
| 2002 | 0.0072 million SLC per person | -3.4% |
| 2003 | 0.0079 million SLC per person | +10.3% |
| 2004 | 0.0094 million SLC per person | +19.9% |
| 2005 | 0.0116 million SLC per person | +22.3% |
| 2006 | 0.0135 million SLC per person | +16.4% |
| 2007 | 0.0165 million SLC per person | +22.5% |
| 2008 | 0.0191 million SLC per person | +15.8% |
| 2009 | 0.0171 million SLC per person | -10.3% |
| 2010 | 0.0202 million SLC per person | +17.9% |
| 2011 | 0.0227 million SLC per person | +12.3% |
| 2012 | 0.0235 million SLC per person | +3.7% |
| 2013 | 0.024 million SLC per person | +2.2% |
| 2014 | 0.0253 million SLC per person | +5.4% |
| 2015 | 0.0247 million SLC per person | -2.4% |
| 2016 | 0.0207 million SLC per person | -16.4% |
| 2017 | 0.0207 million SLC per person | +0.3% |
| 2018 | 0.0218 million SLC per person | +5.1% |
| 2019 | 0.0234 million SLC per person | +7.5% |
| 2020 | 0.021 million SLC per person | -10.2% |
| 2021 | 0.0259 million SLC per person | +23.0% |
| 2022 | 0.0318 million SLC per person | +23.0% |
| 2023 | 0.0331 million SLC per person | +4.1% |
| 2024 | 0.033 million SLC per person | -0.3% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 0.033 million SLC per person is above the median for high income countries, which is 0.0157 million SLC per person, 2.1× the median. (73 countries reporting)
- Saudi Arabia's 0.033 million SLC per person is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0225 million SLC per person, 1.5× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0069 million SLC per person | 0.0009 million SLC per person | 0.0164 million SLC per person | 10 |
| 1980s | 0.0128 million SLC per person | 0.0065 million SLC per person | 0.0206 million SLC per person | 10 |
| 1990s | 0.008 million SLC per person | 0.0073 million SLC per person | 0.009 million SLC per person | 10 |
| 2000s | 0.0117 million SLC per person | 0.0072 million SLC per person | 0.0191 million SLC per person | 10 |
| 2010s | 0.0227 million SLC per person | 0.0202 million SLC per person | 0.0253 million SLC per person | 10 |
| 2020s | 0.029 million SLC per person | 0.021 million SLC per person | 0.0331 million SLC per person | 5 |
Countries ranked near Saudi Arabia
- 83 Israel 0.0455 million SLC per person compare
- 84 United Arab Emirates 0.0372 million SLC per person compare
- 85 Seychelles 0.0348 million SLC per person compare
- 87 Ukraine 0.0321 million SLC per person compare
- 88 Guinea-Bissau 0.0319 million SLC per person compare
- 89 Botswana 0.0297 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, per in Saudi Arabia?
- Gross fixed capital formation — value standard local currency, per in Saudi Arabia was 0.033 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Saudi Arabia?
- The highest recorded value was 0.0331 million SLC per person in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Saudi Arabia?
- The lowest recorded value was 0.0009 million SLC per person in 1970.
- How does Saudi Arabia rank for gross fixed capital formation — value standard local currency, per?
- Saudi Arabia ranks 86th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Saudi Arabia?
- Over the last ten years it is up 30.5%. 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, 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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.