Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Saudi Arabia
Saudi Arabia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.1089 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Saudi Arabia, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Saudi Arabia stood at 0.1089 million USD per square kilometre. That is the highest value across all 54 years on record.
That represents a change of up 5.3% on the previous year and up 33.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Saudi Arabia peaked at 0.1089 million USD per square kilometre in 2023 and was at its lowest, 0.0036 million USD per square kilometre, in 1970.
Saudi Arabia ranks 96th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Saudi Arabia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0036 million USD per square kilometre | — |
| 1971 | 0.0036 million USD per square kilometre | +0.5% |
| 1972 | 0.0049 million USD per square kilometre | +34.8% |
| 1973 | 0.0068 million USD per square kilometre | +40.4% |
| 1974 | 0.0053 million USD per square kilometre | -22.5% |
| 1975 | 0.0106 million USD per square kilometre | +99.1% |
| 1976 | 0.0146 million USD per square kilometre | +37.8% |
| 1977 | 0.0186 million USD per square kilometre | +27.5% |
| 1978 | 0.0216 million USD per square kilometre | +16.3% |
| 1979 | 0.0197 million USD per square kilometre | -8.8% |
| 1980 | 0.0174 million USD per square kilometre | -11.4% |
| 1981 | 0.0187 million USD per square kilometre | +7.3% |
| 1982 | 0.0197 million USD per square kilometre | +5.1% |
| 1983 | 0.0196 million USD per square kilometre | -0.3% |
| 1984 | 0.0177 million USD per square kilometre | -9.7% |
| 1985 | 0.0148 million USD per square kilometre | -16.3% |
| 1986 | 0.0157 million USD per square kilometre | +6.2% |
| 1987 | 0.015 million USD per square kilometre | -4.8% |
| 1988 | 0.0138 million USD per square kilometre | -8.3% |
| 1989 | 0.0135 million USD per square kilometre | -1.7% |
| 1990 | 0.015 million USD per square kilometre | +10.9% |
| 1991 | 0.0176 million USD per square kilometre | +17.1% |
| 1992 | 0.0183 million USD per square kilometre | +4.3% |
| 1993 | 0.0198 million USD per square kilometre | +8.0% |
| 1994 | 0.0167 million USD per square kilometre | -15.4% |
| 1995 | 0.0176 million USD per square kilometre | +5.0% |
| 1996 | 0.0163 million USD per square kilometre | -7.1% |
| 1997 | 0.017 million USD per square kilometre | +4.2% |
| 1998 | 0.0181 million USD per square kilometre | +6.5% |
| 1999 | 0.0197 million USD per square kilometre | +8.6% |
| 2000 | 0.0206 million USD per square kilometre | +4.8% |
| 2001 | 0.0209 million USD per square kilometre | +1.5% |
| 2002 | 0.0213 million USD per square kilometre | +1.8% |
| 2003 | 0.0245 million USD per square kilometre | +14.8% |
| 2004 | 0.0301 million USD per square kilometre | +23.0% |
| 2005 | 0.037 million USD per square kilometre | +22.9% |
| 2006 | 0.0445 million USD per square kilometre | +20.1% |
| 2007 | 0.0536 million USD per square kilometre | +20.6% |
| 2008 | 0.0601 million USD per square kilometre | +12.1% |
| 2009 | 0.0573 million USD per square kilometre | -4.7% |
| 2010 | 0.0634 million USD per square kilometre | +10.6% |
| 2011 | 0.0733 million USD per square kilometre | +15.6% |
| 2012 | 0.0769 million USD per square kilometre | +5.0% |
| 2013 | 0.0814 million USD per square kilometre | +5.8% |
| 2014 | 0.0877 million USD per square kilometre | +7.8% |
| 2015 | 0.0914 million USD per square kilometre | +4.2% |
| 2016 | 0.0793 million USD per square kilometre | -13.3% |
| 2017 | 0.0801 million USD per square kilometre | +1.0% |
| 2018 | 0.0821 million USD per square kilometre | +2.4% |
| 2019 | 0.0861 million USD per square kilometre | +4.9% |
| 2020 | 0.0772 million USD per square kilometre | -10.3% |
| 2021 | 0.0853 million USD per square kilometre | +10.5% |
| 2022 | 0.1034 million USD per square kilometre | +21.3% |
| 2023 | 0.1089 million USD per square kilometre | +5.3% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 0.1089 million USD per square kilometre is below the median for high income countries, which is 0.6883 million USD per square kilometre, 16% of the median. (73 countries reporting)
- Saudi Arabia's 0.1089 million USD per square kilometre is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0759 million USD per square kilometre, 1.4× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square 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% | 0.0053 million USD per square kilometre | 0.0106 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0109 million USD per square kilometre | 0.0036 million USD per square kilometre | 0.0216 million USD per square kilometre | 10 |
| 1980s | 0.0166 million USD per square kilometre | 0.0135 million USD per square kilometre | 0.0197 million USD per square kilometre | 10 |
| 1990s | 0.0176 million USD per square kilometre | 0.015 million USD per square kilometre | 0.0198 million USD per square kilometre | 10 |
| 2000s | 0.037 million USD per square kilometre | 0.0206 million USD per square kilometre | 0.0601 million USD per square kilometre | 10 |
| 2010s | 0.0802 million USD per square kilometre | 0.0634 million USD per square kilometre | 0.0914 million USD per square kilometre | 10 |
| 2020s | 0.0937 million USD per square kilometre | 0.0772 million USD per square kilometre | 0.1089 million USD per square kilometre | 4 |
Countries ranked near Saudi Arabia
- 93 Uzbekistan 0.1159 million USD per square kilometre compare
- 94 North Macedonia 0.1149 million USD per square kilometre compare
- 95 Bulgaria 0.1121 million USD per square kilometre compare
- 97 Sao Tome and Principe 0.1059 million USD per square kilometre compare
- 98 Bosnia and Herzegovina 0.0985 million USD per square kilometre compare
- 99 Samoa 0.094 million USD 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$), annual growth rate 8.9 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Saudi Arabia?
- Gross fixed capital formation — value us$, 2015 prices, per square in Saudi Arabia was 0.1089 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Saudi Arabia?
- The highest recorded value was 0.1089 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Saudi Arabia?
- The lowest recorded value was 0.0036 million USD per square kilometre in 1970.
- How does Saudi Arabia rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Saudi Arabia ranks 96th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Saudi Arabia?
- Over the last ten years it is up 33.9%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.