Gross Fixed Capital Formation — Value US$, annual growth rate in Saudi Arabia

Saudi Arabia: Gross Fixed Capital Formation — Value US$, annual growth rate was 4.46 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.46 % change on previous year
Change on year
down 50.6%
World rank
124th
of 235 countries
All-time high
102.78 % change on previous year
in 1975
All-time low
-23.06 % change on previous year
in 1985
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, annual growth rate in Saudi Arabia, 1971–2024

050100197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Saudi Arabia recorded 4.46 % change on previous year for gross fixed capital formation — value us$, annual growth rate in 2024.

Compared with earlier readings it is down 50.6% on the previous year and down 44.4% over ten years.

Over the whole period, gross fixed capital formation — value us$, annual growth rate in Saudi Arabia peaked at 102.78 % change on previous year in 1975 and was at its lowest, -23.06 % change on previous year, in 1985.

That places Saudi Arabia 124th out of 235 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 US$, annual growth rate in Saudi Arabia, year by year

Annual values for Gross Fixed Capital Formation — Value US$, annual growth rate in Saudi Arabia, 1971 to 2024.
Year % change on previous year Change
1971 14.9 % change on previous year
1972 50.65 % change on previous year +240.0%
1973 77.03 % change on previous year +52.1%
1974 92 % change on previous year +19.4%
1975 102.78 % change on previous year +11.7%
1976 68.39 % change on previous year -33.5%
1977 38.26 % change on previous year -44.1%
1978 27.09 % change on previous year -29.2%
1979 15.79 % change on previous year -41.7%
1980 22.33 % change on previous year +41.4%
1981 14.67 % change on previous year -34.3%
1982 -2.45 % change on previous year -116.7%
1983 -8.76 % change on previous year +257.9%
1984 -13.53 % change on previous year +54.4%
1985 -23.06 % change on previous year +70.5%
1986 -15.29 % change on previous year -33.7%
1987 -2.57 % change on previous year -83.2%
1988 -12.71 % change on previous year +393.6%
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 +35.5%
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 -30.5%
2003 15.64 % change on previous year +900.9%
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 -564.5%
2017 0.3981 % change on previous year -103.0%
2018 2.45 % change on previous year +515.2%
2019 7.01 % change on previous year +186.3%
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%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, annual growth rate 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.

YearChange FromTo
1997 +1472.2% -0.453 % change on previous year 6.22 % change on previous year
2003 +900.9% 1.56 % change on previous year 15.64 % change on previous year
2016 -564.5% 2.85 % change on previous year -13.22 % change on previous year
2018 +515.2% 0.3981 % change on previous year 2.45 % change on previous year
2021 +449.1% -5.74 % change on previous year 20.04 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 54.1 % change on previous year 14.9 % change on previous year 102.78 % change on previous year 9
1980s -3.52 % change on previous year -23.06 % change on previous year 22.33 % 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

  1. 121 Saint Lucia 4.59 % change on previous year compare
  2. 122 Kazakhstan 4.52 % change on previous year compare
  3. 123 Anguilla 4.46 % change on previous year compare
  4. 125 Netherlands (Kingdom of the) 4.42 % change on previous year compare
  5. 126 Barbados 4.36 % change on previous year compare
  6. 127 Chad 4.35 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is gross fixed capital formation — value us$, annual growth rate in Saudi Arabia?
Gross fixed capital formation — value us$, annual growth rate 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 us$, annual growth rate recorded in Saudi Arabia?
The highest recorded value was 102.78 % change on previous year in 1975.
What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Saudi Arabia?
The lowest recorded value was -23.06 % change on previous year in 1985.
How does Saudi Arabia rank for gross fixed capital formation — value us$, annual growth rate?
Saudi Arabia ranks 124th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, annual growth rate 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 US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, annual growth rate in Saudi Arabia. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-annual-growth-rate/saudi-arabia/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,251 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.