Gross Fixed Capital Formation — Value Standard Local Currency, per in Saudi Arabia
Saudi Arabia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.5195 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Saudi Arabia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Saudi Arabia recorded 0.5195 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 9.0% on the previous year and up 68.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Saudi Arabia peaked at 0.5195 million SLC per square kilometre in 2023 and was at its lowest, 0.0014 million SLC per square kilometre, in 1970.
Saudi Arabia ranks 141st 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, per in Saudi Arabia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0014 million SLC per square kilometre | — |
| 1971 | 0.0016 million SLC per square kilometre | +14.6% |
| 1972 | 0.0023 million SLC per square kilometre | +39.2% |
| 1973 | 0.0036 million SLC per square kilometre | +58.3% |
| 1974 | 0.0066 million SLC per square kilometre | +83.9% |
| 1975 | 0.0133 million SLC per square kilometre | +100.9% |
| 1976 | 0.0225 million SLC per square kilometre | +69.0% |
| 1977 | 0.0311 million SLC per square kilometre | +38.1% |
| 1978 | 0.0381 million SLC per square kilometre | +22.6% |
| 1979 | 0.0436 million SLC per square kilometre | +14.5% |
| 1980 | 0.0528 million SLC per square kilometre | +21.1% |
| 1981 | 0.0615 million SLC per square kilometre | +16.6% |
| 1982 | 0.0608 million SLC per square kilometre | -1.1% |
| 1983 | 0.0559 million SLC per square kilometre | -8.1% |
| 1984 | 0.0493 million SLC per square kilometre | -11.8% |
| 1985 | 0.039 million SLC per square kilometre | -20.9% |
| 1986 | 0.0338 million SLC per square kilometre | -13.3% |
| 1987 | 0.0333 million SLC per square kilometre | -1.4% |
| 1988 | 0.0291 million SLC per square kilometre | -12.7% |
| 1989 | 0.0309 million SLC per square kilometre | +6.1% |
| 1990 | 0.0387 million SLC per square kilometre | +25.4% |
| 1991 | 0.0467 million SLC per square kilometre | +20.7% |
| 1992 | 0.0484 million SLC per square kilometre | +3.5% |
| 1993 | 0.0506 million SLC per square kilometre | +4.7% |
| 1994 | 0.0433 million SLC per square kilometre | -14.5% |
| 1995 | 0.0481 million SLC per square kilometre | +11.1% |
| 1996 | 0.0478 million SLC per square kilometre | -0.5% |
| 1997 | 0.0508 million SLC per square kilometre | +6.2% |
| 1998 | 0.0525 million SLC per square kilometre | +3.4% |
| 1999 | 0.055 million SLC per square kilometre | +4.6% |
| 2000 | 0.0574 million SLC per square kilometre | +4.3% |
| 2001 | 0.0587 million SLC per square kilometre | +2.2% |
| 2002 | 0.0596 million SLC per square kilometre | +1.6% |
| 2003 | 0.0689 million SLC per square kilometre | +15.6% |
| 2004 | 0.0865 million SLC per square kilometre | +25.5% |
| 2005 | 0.1106 million SLC per square kilometre | +27.9% |
| 2006 | 0.1343 million SLC per square kilometre | +21.5% |
| 2007 | 0.1715 million SLC per square kilometre | +27.7% |
| 2008 | 0.2068 million SLC per square kilometre | +20.6% |
| 2009 | 0.1928 million SLC per square kilometre | -6.8% |
| 2010 | 0.2251 million SLC per square kilometre | +16.8% |
| 2011 | 0.2646 million SLC per square kilometre | +17.5% |
| 2012 | 0.2862 million SLC per square kilometre | +8.1% |
| 2013 | 0.3086 million SLC per square kilometre | +7.8% |
| 2014 | 0.3334 million SLC per square kilometre | +8.0% |
| 2015 | 0.3428 million SLC per square kilometre | +2.8% |
| 2016 | 0.2975 million SLC per square kilometre | -13.2% |
| 2017 | 0.2987 million SLC per square kilometre | +0.4% |
| 2018 | 0.306 million SLC per square kilometre | +2.4% |
| 2019 | 0.3275 million SLC per square kilometre | +7.0% |
| 2020 | 0.3087 million SLC per square kilometre | -5.7% |
| 2021 | 0.3705 million SLC per square kilometre | +20.0% |
| 2022 | 0.4765 million SLC per square kilometre | +28.6% |
| 2023 | 0.5195 million SLC per square kilometre | +9.0% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 0.5195 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 22% of the median. (73 countries reporting)
- Saudi Arabia's 0.5195 million SLC per square kilometre is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.14 million SLC per square kilometre, 13% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 | +100.9% | 0.0066 million SLC per square kilometre | 0.0133 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0164 million SLC per square kilometre | 0.0014 million SLC per square kilometre | 0.0436 million SLC per square kilometre | 10 |
| 1980s | 0.0447 million SLC per square kilometre | 0.0291 million SLC per square kilometre | 0.0615 million SLC per square kilometre | 10 |
| 1990s | 0.0482 million SLC per square kilometre | 0.0387 million SLC per square kilometre | 0.055 million SLC per square kilometre | 10 |
| 2000s | 0.1147 million SLC per square kilometre | 0.0574 million SLC per square kilometre | 0.2068 million SLC per square kilometre | 10 |
| 2010s | 0.299 million SLC per square kilometre | 0.2251 million SLC per square kilometre | 0.3428 million SLC per square kilometre | 10 |
| 2020s | 0.4188 million SLC per square kilometre | 0.3087 million SLC per square kilometre | 0.5195 million SLC per square kilometre | 4 |
Countries ranked near Saudi Arabia
- 138 Slovakia 0.573 million SLC per square kilometre compare
- 139 Central African Republic 0.554 million SLC per square kilometre compare
- 140 Kuwait 0.5464 million SLC per square kilometre compare
- 142 Mozambique 0.5151 million SLC per square kilometre compare
- 143 Tonga 0.4548 million SLC per square kilometre compare
- 144 Suriname 0.3996 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, per in Saudi Arabia?
- Gross fixed capital formation — value standard local currency, per in Saudi Arabia was 0.5195 million SLC per square kilometre in 2023, 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 0.5195 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Saudi Arabia?
- The lowest recorded value was 0.0014 million SLC per square kilometre in 1970.
- How does Saudi Arabia rank for gross fixed capital formation — value standard local currency, per?
- Saudi Arabia ranks 141st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Saudi Arabia?
- Over the last ten years it is up 68.3%. 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 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.