Gross Fixed Capital Formation — Value US$, 2015 prices in Saudi Arabia
Saudi Arabia: Gross Fixed Capital Formation — Value US$, 2015 prices was 237,852 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Saudi Arabia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Saudi Arabia recorded 237,852 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.6% on the previous year and up 26.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Saudi Arabia peaked at 237,852 million USD in 2024 and was at its lowest, 7,739 million USD, in 1970.
That places Saudi Arabia 18th out of 200 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23,469 million USD | 7,739 million USD | 46,387 million USD | 10 |
| 1980s | 35,679 million USD | 29,059 million USD | 42,270 million USD | 10 |
| 1990s | 37,849 million USD | 32,228 million USD | 42,508 million USD | 10 |
| 2000s | 79,544 million USD | 44,334 million USD | 129,246 million USD | 10 |
| 2010s | 172,327 million USD | 136,210 million USD | 196,534 million USD | 10 |
| 2020s | 208,756 million USD | 165,989 million USD | 237,852 million USD | 5 |
Countries ranked near Saudi Arabia
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 Percent per annum (2029)
- Taxes less subsidies on products (current LCU), annual growth rate 2.86 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2067 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 7,140 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1947 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 5.14 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 3.75 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.2667 (2025)
- Gdp worldbank constant usd, annual growth rate 4.5 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Saudi Arabia?
- Gross fixed capital formation — value us$, 2015 prices in Saudi Arabia was 237,852 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Saudi Arabia?
- The highest recorded value was 237,852 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Saudi Arabia?
- The lowest recorded value was 7,739 million USD in 1970.
- How does Saudi Arabia rank for gross fixed capital formation — value us$, 2015 prices?
- Saudi Arabia ranks 18th out of 200 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Saudi Arabia?
- Over the last ten years it is up 26.1%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).