Gross Fixed Capital Formation β€” Value US$ in Saudi Arabia

Saudi Arabia: Gross Fixed Capital Formation β€” Value US$ was 311,076 million USD in 2024. β—† Volatile

Latest (2024)
311,076 million USD
Change on year
up 4.5%
World rank
18th
of 219 countries
All-time high
311,076 million USD
in 2024
All-time low
681.92 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation β€” Value US$ in Saudi Arabia, 1970–2024

0100.0k200.0k300.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross fixed capital formation β€” value us$ in Saudi Arabia is 311,076 million USD, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 4.5% on the previous year and up 62.8% over ten years.

Over the whole period, gross fixed capital formation β€” value us$ in Saudi Arabia peaked at 311,076 million USD in 2024 and was at its lowest, 681.92 million USD, in 1970.

That places Saudi Arabia 18th out of 219 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

DecadeAverage LowestHighest Years
1970s 10,147 million USD 681.92 million USD 27,874 million USD 10
1980s 27,251 million USD 16,682 million USD 39,102 million USD 10
1990s 27,629 million USD 22,200 million USD 31,519 million USD 10
2000s 65,746 million USD 32,886 million USD 118,533 million USD 10
2010s 171,423 million USD 129,046 million USD 196,534 million USD 10
2020s 254,271 million USD 176,946 million USD 311,076 million USD 5

Countries ranked near Saudi Arabia

  1. 15 Indonesia 409,434 million USD compare
  2. 16 Brazil 371,217 million USD compare
  3. 17 Spain 340,538 million USD compare
  4. 19 Netherlands (Kingdom of the) 242,525 million USD compare
  5. 20 Switzerland 228,997 million USD compare
  6. 21 USSR 227,207 million USD compare

See the full ranking of 251 places β†’

More economy & growth data for Saudi Arabia

All data for Saudi Arabia β†’

Frequently asked questions

What is gross fixed capital formation β€” value us$ in Saudi Arabia?
Gross fixed capital formation β€” value us$ in Saudi Arabia was 311,076 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation β€” value us$ recorded in Saudi Arabia?
The highest recorded value was 311,076 million USD in 2024.
What is the lowest gross fixed capital formation β€” value us$ recorded in Saudi Arabia?
The lowest recorded value was 681.92 million USD in 1970.
How does Saudi Arabia rank for gross fixed capital formation β€” value us$?
Saudi Arabia ranks 18th out of 219 countries with data for 2024.
Is gross fixed capital formation β€” value us$ rising or falling in Saudi Arabia?
Over the last ten years it is up 62.8%. 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 β€” Value US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation β€” Value US$ in Saudi Arabia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 16 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us/saudi-arabia/

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About this data

Indicator
Gross Fixed Capital Formation β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).