Foreign investments in Saudi Arabia rise to SAR 2.4T in 2023

18/04/2024 Argaam Special
The Kingdom of Saudi Arabia's flag

The Kingdom of Saudi Arabia's flag


Foreign investments in Saudi Arabia rose 12% year-on-year (YoY) to SAR 2.40 trillion by the end of 2023, according to data from the Saudi Central Bank (SAMA).

 

 The table below shows foreign investments in Saudi Arabia since 2007:

 

Foreign Investments in Saudi Arabia*

Period

Value

(SAR bln)

YoY Change

(SAR bln)

Change (%)

2007

455.91

--

--

2008

494.59

+38.68

+8%

2009

520.21

+25.62

+5%

2010

533.74

+13.54

+3%

2011

550.58

+16.84

+3%

2012

570.45

+19.88

+4%

2013

600.86

+30.41

+5%

2014

625.11

+24.25

+4%

2015

712.69

+87.58

+14%

2016

895.05

+182.36

+26%

2017

1021.51

+126.45

+14%

2018

1204.62

+183.11

+18%

2019

1461.23

+256.61

+21%

2020

1675.89

+214.66

+15%

2021

2020.58

+344.69

+21%

2022

2141.62

+121.04

+6%

2023

2407.97

+266.35

+12%

 
 

Following is a table of quarterly development of foreign investments in Saudi Arabia:

 

Foreign Investments in Saudi Arabia*

Period

Value (SAR bln)

YoY Change

Q1 2015

621.81

(1%)

Q2

632.07

+2%

Q3

714.94

+13%

Q4

712.69

(0.3%)

Q1 2016

732.13

+3%

Q2

815.18

+11%

Q3

832.04

+2%

Q4

895.05

+8%

Q1 2017

913.78

+2%

Q2

957.67

+5%

Q3

967.74

+1%

Q4

1021.51

+6%

Q1 2018

1046.70

+2%

Q2

1142.83

+9%

Q3

1163.71

+2%

Q4

1204.62

+4%

Q1 2019

1247.65

+4%

Q2

1351.20

+8%

Q3

1389.98

+3%

Q4

1461.23

+5%

Q1 2020

1501.21

+3%

Q2

1579.86

+5%

Q3

1607.86

+2%

Q4

1675.89

+4%

Q1 2021

1765.23

+5%

Q2

1902.10

+8%

Q3

1997.76

+5%

Q4

2020.58

+1%

Q1 2022

2143.97

+6%

Q2

2119.08

(1%)

Q3

2152.91

+2%

Q4

2141.62

(1%)

Q1 2023

2143.01

+0.1%

Q2

2254.79

+5%

Q3

2275.41

+1%

Q4

2407.97

+6%

*Data is periodically updated.

 

Foreign direct investments (FDIs) represent 34%, or SAR 808.2 billion, of total investments.

 

Portfolio investments, which include equity, investment funds and debt bonds, reached SAR 974.5 billion. Other investments reached SAR 625.3 billion.

 

The following table shows the breakdown of foreign investments in 2023:

 

Details of Foreign Investment

Item

Value (SAR bln)

Ratio (%)

FDIs

808.2

34%

Portfolio investments

974.5

40%

Equity & investment fund shares

455.6

19%

Debt securities

518.9

22%

Other investments

625.3

26%

Loans

300.9

12%

Currency and deposits

223.7

9%

Other dues payable

100.6

4%

Total

2408.0

100%

 

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