Saudi Arabia - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Saudi Arabia was $95,640,260,000.00 as of 2010. Over the past 42 years, the value for this indicator has fluctuated between $105,590,000,000.00 in 2008 and ($2,509,338,000.00) in 1973.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 $1,157,068,000.00
1969 $1,096,804,000.00
1970 $841,472,800.00
1971 $1,333,999,000.00
1972 $1,514,669,000.00
1973 ($2,509,338,000.00)
1974 $13,624,570,000.00
1975 $7,893,085,000.00
1976 $19,524,990,000.00
1977 $22,540,690,000.00
1978 $28,948,770,000.00
1979 $29,259,280,000.00
1980 $37,462,130,000.00
1981 $38,641,740,000.00
1982 $39,286,210,000.00
1983 $44,059,070,000.00
1984 $38,939,690,000.00
1985 $22,289,280,000.00
1986 $16,922,350,000.00
1987 $15,183,750,000.00
1988 $17,376,140,000.00
1989 $18,539,760,000.00
1990 $17,596,970,000.00
1991 $25,538,120,000.00
1992 $30,696,600,000.00
1993 $32,498,590,000.00
1994 $26,669,740,000.00
1995 $28,193,340,000.00
1996 $28,546,330,000.00
1997 $30,194,130,000.00
1998 $32,681,330,000.00
1999 $34,031,200,000.00
2000 $35,260,530,000.00
2001 $34,558,200,000.00
2002 $37,095,740,000.00
2003 $42,525,600,000.00
2004 $48,042,400,000.00
2005 $57,560,510,000.00
2006 $66,782,910,000.00
2007 $82,541,630,000.00
2008 $105,590,000,000.00
2009 $101,626,000,000.00
2010 $95,640,260,000.00

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Saudi Arabia was 358,651,000,000.00 as of 2010. As the graph below shows, over the past 42 years this indicator reached a maximum value of 395,961,000,000.00 in 2008 and a minimum value of -9,301,111,000.00 in 1973.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1968 5,206,804,000.00
1969 4,935,620,000.00
1970 3,786,628,000.00
1971 5,985,389,000.00
1972 6,278,000,000.00
1973 -9,301,111,000.00
1974 48,367,210,000.00
1975 27,764,720,000.00
1976 68,923,220,000.00
1977 79,458,180,000.00
1978 98,414,240,000.00
1979 98,334,580,000.00
1980 124,625,000,000.00
1981 130,706,000,000.00
1982 134,681,000,000.00
1983 152,224,000,000.00
1984 137,223,000,000.00
1985 80,731,770,000.00
1986 62,663,450,000.00
1987 56,863,150,000.00
1988 65,073,630,000.00
1989 69,431,410,000.00
1990 65,900,640,000.00
1991 95,640,260,000.00
1992 114,959,000,000.00
1993 121,707,000,000.00
1994 99,878,170,000.00
1995 105,584,000,000.00
1996 106,906,000,000.00
1997 113,077,000,000.00
1998 122,555,000,000.00
1999 127,617,000,000.00
2000 132,227,000,000.00
2001 129,593,000,000.00
2002 139,109,000,000.00
2003 159,471,000,000.00
2004 180,159,000,000.00
2005 215,685,000,000.00
2006 250,102,000,000.00
2007 309,366,000,000.00
2008 395,961,000,000.00
2009 381,099,000,000.00
2010 358,651,000,000.00

Gross capital formation (constant 2000 US$)

The latest value for Gross capital formation (constant 2000 US$) in Saudi Arabia was 72,433,880,000 as of 2007. Over the past 10 years, the value for this indicator has fluctuated between 72,433,880,000 in 2007 and 27,913,450,000 in 1997.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 27,913,450,000
1998 31,201,380,000
1999 33,851,990,000
2000 35,260,530,000
2001 33,980,910,000
2002 37,051,580,000
2003 42,456,570,000
2004 46,573,180,000
2005 53,000,750,000
2006 60,475,580,000
2007 72,433,880,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Saudi Arabia was 19.77 as of 2007. As the graph below shows, over the past 9 years this indicator reached a maximum value of 19.77 in 2007 and a minimum value of -3.63 in 2001.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1998 11.78
1999 8.50
2000 4.16
2001 -3.63
2002 9.04
2003 14.59
2004 9.70
2005 13.80
2006 14.10
2007 19.77

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Saudi Arabia was 273,065,000,000 as of 2007. As the graph below shows, over the past 10 years this indicator reached a maximum value of 273,065,000,000 in 2007 and a minimum value of 105,230,000,000 in 1997.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1997 105,230,000,000
1998 117,625,000,000
1999 127,617,000,000
2000 132,927,000,000
2001 128,103,000,000
2002 139,679,000,000
2003 160,055,000,000
2004 175,574,000,000
2005 199,805,000,000
2006 227,984,000,000
2007 273,065,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Saudi Arabia was 22.00 as of 2010. Its highest value over the past 42 years was 36.15 in 1978, while its lowest value was -17.38 in 1973.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 27.63
1969 24.45
1970 16.78
1971 19.63
1972 16.41
1973 -17.38
1974 30.28
1975 16.96
1976 30.59
1977 30.45
1978 36.15
1979 26.19
1980 22.80
1981 21.01
1982 25.69
1983 34.19
1984 32.64
1985 21.45
1986 19.46
1987 17.72
1988 19.69
1989 19.45
1990 15.07
1991 19.44
1992 22.52
1993 24.59
1994 19.85
1995 19.79
1996 18.10
1997 18.30
1998 22.42
1999 21.14
2000 18.71
2001 18.88
2002 19.67
2003 19.82
2004 19.19
2005 18.24
2006 18.73
2007 21.45
2008 22.17
2009 27.27
2010 22.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts