Saudi Arabia - Gross fixed capital formation in constant LCU prices of 2015

846,898,109,933 (LCU) in 2022

In 2022, real gross fixed capital formation for Saudi Arabia was 846,898 million LCU. Real gross fixed capital formation of Saudi Arabia increased from 55,413 million LCU in 1973 to 846,898 million LCU in 2022 growing at an average annual rate of 6.98%.

The description is composed by our digital data assistant.
What is real gross fixed capital formation?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

Explore

What is Saudi Arabia real gross fixed capital formation?