Saudi Arabia - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Saudi Arabia was $184,230,000,000 as of 2020. Over the past 52 years, the value for this indicator has fluctuated between $228,184,000,000 in 2019 and ($2,003,756,000) 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
1969 $1,096,804,000
1970 $1,204,337,000
1971 $1,721,730,000
1972 $1,948,163,000
1973 ($2,003,756,000)
1974 $14,046,490,000
1975 $8,137,559,000
1976 $19,692,440,000
1977 $22,700,360,000
1978 $29,126,710,000
1979 $29,398,930,000
1980 $37,695,660,000
1981 $38,994,370,000
1982 $39,617,700,000
1983 $44,371,140,000
1984 $39,271,430,000
1985 $22,289,280,000
1986 $16,922,350,000
1987 $15,183,750,000
1988 $17,376,140,000
1989 $18,539,760,000
1990 $18,449,300,000
1991 $26,425,700,000
1992 $31,480,310,000
1993 $33,315,140,000
1994 $27,517,540,000
1995 $29,078,780,000
1996 $29,465,580,000
1997 $31,163,860,000
1998 $33,683,960,000
1999 $34,791,170,000
2000 $36,608,600,000
2001 $36,133,550,000
2002 $37,339,760,000
2003 $42,066,240,000
2004 $51,398,180,000
2005 $66,266,260,000
2006 $83,729,000,000
2007 $110,118,000,000
2008 $141,883,000,000
2009 $136,090,000,000
2010 $163,355,000,000
2011 $181,039,000,000
2012 $195,339,000,000
2013 $197,636,000,000
2014 $217,455,000,000
2015 $223,581,000,000
2016 $199,495,000,000
2017 $198,669,000,000
2018 $189,370,000,000
2019 $228,184,000,000
2020 $184,230,000,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Saudi Arabia was 690,863,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 855,689,000,000 in 2019 and a minimum value of -7,427,121,000 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
1969 4,935,620,000
1970 5,419,517,000
1971 7,725,059,000
1972 8,074,747,000
1973 -7,427,121,000
1974 49,865,050,000
1975 28,624,680,000
1976 69,514,310,000
1977 80,021,020,000
1978 99,019,170,000
1979 98,803,930,000
1980 125,402,000,000
1981 131,898,000,000
1982 135,817,000,000
1983 153,302,000,000
1984 138,393,000,000
1985 80,731,770,000
1986 62,663,450,000
1987 56,863,150,000
1988 65,073,630,000
1989 69,431,410,000
1990 69,092,640,000
1991 98,964,260,000
1992 117,894,000,000
1993 124,765,000,000
1994 103,053,000,000
1995 108,900,000,000
1996 110,349,000,000
1997 116,709,000,000
1998 126,315,000,000
1999 130,467,000,000
2000 137,282,000,000
2001 135,501,000,000
2002 140,024,000,000
2003 157,748,000,000
2004 192,743,000,000
2005 248,306,000,000
2006 313,565,000,000
2007 412,667,000,000
2008 532,060,000,000
2009 510,336,000,000
2010 612,582,000,000
2011 678,896,000,000
2012 732,522,000,000
2013 741,133,000,000
2014 815,457,000,000
2015 838,429,000,000
2016 748,108,000,000
2017 745,009,000,000
2018 710,139,000,000
2019 855,689,000,000
2020 690,863,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Saudi Arabia was 170,356,000,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 223,581,000,000 in 2015 and 50,948,230,000 in 2001.

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 2010 U.S. dollars.

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

See also:

Year Value
2000 54,380,790,000
2001 50,948,230,000
2002 62,462,460,000
2003 62,355,930,000
2004 73,862,520,000
2005 85,519,970,000
2006 107,922,000,000
2007 129,989,000,000
2008 162,241,000,000
2009 156,245,000,000
2010 175,079,000,000
2011 191,211,000,000
2012 197,046,000,000
2013 199,232,000,000
2014 211,982,000,000
2015 223,581,000,000
2016 196,926,000,000
2017 189,904,000,000
2018 175,259,000,000
2019 208,244,000,000
2020 170,356,000,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Saudi Arabia was -18.19 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 26.20 in 2006 and a minimum value of -18.19 in 2020.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 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
2001 -6.31
2002 22.60
2003 -0.17
2004 18.45
2005 15.78
2006 26.20
2007 20.45
2008 24.81
2009 -3.70
2010 12.05
2011 9.21
2012 3.05
2013 1.11
2014 6.40
2015 5.47
2016 -11.92
2017 -3.57
2018 -7.71
2019 18.82
2020 -18.19

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Saudi Arabia was 596,057,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 782,284,000,000 in 2015 and a minimum value of 178,262,000,000 in 2001.

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
2000 190,272,000,000
2001 178,262,000,000
2002 218,549,000,000
2003 218,176,000,000
2004 258,436,000,000
2005 299,224,000,000
2006 377,607,000,000
2007 454,815,000,000
2008 567,662,000,000
2009 546,685,000,000
2010 612,581,000,000
2011 669,024,000,000
2012 689,442,000,000
2013 697,088,000,000
2014 741,701,000,000
2015 782,284,000,000
2016 689,022,000,000
2017 664,451,000,000
2018 613,211,000,000
2019 728,621,000,000
2020 596,057,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Saudi Arabia was 26.31 as of 2020. Its highest value over the past 52 years was 36.29 in 1978, while its lowest value was -13.41 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 22.40
1971 23.96
1972 20.16
1973 -13.41
1974 30.93
1975 17.40
1976 30.77
1977 30.60
1978 36.29
1979 26.28
1980 22.91
1981 21.16
1982 25.85
1983 34.35
1984 32.83
1985 21.45
1986 19.46
1987 17.72
1988 19.69
1989 19.45
1990 15.68
1991 19.99
1992 22.96
1993 25.06
1994 20.36
1995 20.29
1996 18.57
1997 18.78
1998 22.95
1999 21.51
2000 19.32
2001 19.62
2002 19.69
2003 19.49
2004 19.86
2005 20.17
2006 22.22
2007 26.47
2008 27.30
2009 31.72
2010 30.93
2011 26.97
2012 26.54
2013 26.47
2014 28.75
2015 34.17
2016 30.93
2017 28.85
2018 24.08
2019 28.78
2020 26.31

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts