Palm trees and buildings in Saudi Arabia

Saudi Arabia Investment

Saudi Arabia Investment

Fixed Investment in Saudi Arabia

Saudi Arabia's economy recorded average fixed investment growth of 3.4% in the decade to 2022, well above the 0.9% average for Middle East & North Africa. In 2022, fixed investment growth was 21.7%. 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 2023.

Saudi Arabia Investment Data

2018 2019 2020 2021 2022
Fixed Investment (ann. var. %) 2.4 4.9 -10.3 10.5 21.3

GDP shrinks again in Q4

According to a preliminary reading, GDP slid 3.7% year on year in the final quarter of 2023, above the 4.4% contraction seen in the third quarter. On a seasonally-adjusted quarter-on-quarter basis, economic activity bounced back 0.4% in Q4, contrasting the previous period's 3.2% decrease.

The oil activities sector shrank 16.4% year on year in Q4 (Q3: 17.0%), driving the downturn in GDP. This was the result of Saudi Arabia’s voluntary and OPEC+-mandated supply cuts. In contrast, the non-oil activities and government services sectors saw growth of 4.3% and 3.1% respectively in Q4.

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 7 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

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