Saudi Arabia attracts $1.9 bln FDIs in Q3 2022

11/03/2023 ِArgaam special
Logo ofthe Ministry of Investment

Logo of the Ministry of Investment


Foreign direct investment (FDI) inflows to Saudi Arabia grew by 11% year-on-year (YoY) to SAR 7.2 billion (or $1.9 billion) in the third quarter of 2022, according to the Ministry of Investment.
 

FDIs rose 1% quarter-on-quarter (QoQ) to SAR 1 trillion, reflecting foreign investor confidence in the Kingdom.  
  

Nominal gross fixed capital formation reached SAR 268 billion, a rise of over 38% YoY.

 

Q3 2022 Investment Indicators

Indicator

Details

Net FDIs (SAR bln)

7.2

Net FDI growth (YoY)

+11%

Nominal gross fixed capital formation growth (SAR bln)

267.8

Nominal gross fixed capital formation Growth (YoY)

+26%

Expected value from deals (SAR bln)

1001.4

Growth in FDIs (QoQ)

+1%

  

FDIs in Saudi Arabia*

Period

Value ($ mln)

YoY Change

Q1 2017

336

--

Q2 2017

548

--

Q3 2017

271

--

Q4 2017

264

--

Q1 2018

1008

+200%

Q2 2018

1095

+100%

Q3 2018

1075

+297%

Q4 2018

1068

+305%

Q1 2019

1249

+24%

Q2 2019

1122

+2%

Q3 2019

1150

+7%

Q4 2019

1042

(2%)

Q1 2020

1613

+29%

Q2 2020

826

(26%)

Q3 2020

1088

(5%)

Q4 2020

1871

+80%

Q1 2021

1795

+11%

Q2 2021

13829

--

Q3 2021

1728

+59%

Q4 2021

1933

+3%

Q1 2022

1973

+10%

Q2 2022

2107

(85%)

Q3 2022

1920

+11%

*Updated data

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.