Saudi Arabia - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Saudi Arabia was 22.74 as of 2020. Its highest value over the past 52 years was 29.99 in 1978, while its lowest value was 8.83 in 1974.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 14.78
1969 14.69
1970 12.68
1971 10.90
1972 12.21
1973 13.98
1974 8.83
1975 17.39
1976 21.40
1977 25.53
1978 29.99
1979 24.92
1980 20.72
1981 21.22
1982 24.89
1983 26.94
1984 25.16
1985 22.29
1986 22.57
1987 22.33
1988 18.93
1989 18.59
1990 18.90
1991 20.29
1992 20.25
1993 21.85
1994 18.37
1995 19.25
1996 17.31
1997 17.58
1998 20.52
1999 19.49
2000 17.35
2001 18.26
2002 18.01
2003 18.30
2004 19.16
2005 19.31
2006 20.45
2007 23.65
2008 22.80
2009 25.76
2010 24.43
2011 22.60
2012 22.28
2013 23.66
2014 25.18
2015 29.85
2016 26.13
2017 24.48
2018 20.98
2019 22.10
2020 22.74

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts