GDP reading: GDP dropped 0.1% month-on-month in seasonally adjusted terms in April (March: +0.2% mom). On an annual basis, monthly...
Fixed Investment in Saudi Arabia
Saudi arabia's economy recorded an average growth rate of 6.5% in fixed investment during the past decade to 2024, which is below the 6.5% average for Middle East & North Africa. In 2024, the fixed investment growth in Saudi Arabia was 1.6%. For more investment information, visit our dedicated page.
Saudi Arabia Investment Chart
Note: This chart displays Investment (annual variation in %) for Saudi Arabia from 2014 to 2024.
Source: Macrobond.
Saudi Arabia Investment Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Fixed Investment (ann. var. %) | -3.1 | 3.6 | 19.7 | 9.4 | 1.6 |
Economy records slowest increase since Q2 2024 in Q1
GDP reading: According to a preliminary estimate from the General Authority for Statistics, annual GDP growth slowed to 2.7% in the first quarter, down from 4.4% in the fourth quarter of last year and marking the softest growth since Q2 2024. The print came in below market expectations. Conversely, on a seasonally adjusted quarter-on-quarter basis, economic growth improved to 0.9% in Q1, following the previous quarter's 0.8% increase and marking the fastest expansion in a year. The statistical office also revised past GDP data, citing a methodological change aimed at aligning more with international data quality standards.
Drivers: As has been the case since early 2023, annual GDP growth was driven by government activities and the non-oil private sector—despite the latter slowing from the prior quarter—which likely continued to be boosted by the government’s diversification agenda. In contrast, the oil sector shrank.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Saudi Arabian investment projections for the next ten years from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable investment forecast available for Saudi Arabian investment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Saudi Arabian investment projections.
Want to get access to the full dataset of Saudi Arabian investment forecasts? Send an email to info@focus-economics.com.
Latest Global GDP News
-
Canada: Economy dips in April -
Qatar: GDP growth beats expectations again in Q1, but still slows Print tops expectations again: GDP rose 3.7% year on year in Q1. The reading again overshot market expectations, despite slowing... -
Argentina: GDP grows at robust pace in the first quarter Economy remains strong despite slowdown: GDP growth slowed markedly to 0.8% on a seasonally adjusted quarter on quarter basis in... -
New Zealand: GDP growth records fastest upturn since Q2 2023 in the first quarter GDP reading: GDP growth accelerated to 0.8% on a seasonally adjusted quarter on quarter basis in the first quarter, up... -
Russia: War fatigue pushes economic growth to a two-year low in Q1 War fatigue pushes economic growth to a two-year low in Q1 Second release reveals steeper slowdown: Second release reveals steeper... -
Ghana: GDP growth improves in Q1 The economy starts the year on a stronger footing: GDP growth rose to 5.3% year on year in the first... -
Uruguay: GDP growth inches down in the first quarter Economy remains robust: GDP growth waned to 3.4% year on year in the first quarter from 3.5% in the fourth...