The Kingdom of Saudi Arabia’s flag
Foreign direct investment (FDI) inflows into Saudi Arabia rose 33% to SAR 159.1 billion in 2025, from SAR 119.2 billion in 2024, according to data from the General Authority for Statistics (GASTAT).
FDI outflows surged 98% to SAR 77.7 billion in 2025, compared with SAR 39.2 billion a year earlier.
Net FDI inflows increased 2% to SAR 81.4 billion, from SAR 80 billion in 2024.
Foreign Direct Investment Flows
Period
Inflows (SAR bn)
Outflows (SAR bn)
Net FDI flows (SAR bn)
2016
110.1
27.7
82.3
2017
28.1
24.3
3.8
2018
70.3
24.8
45.5
2019
31.8
20.3
11.5
2020
29.9
23.8
6.1
2021*
121.8
15.5
106.3
2022**
118.9
18.8
100.2
2023
96
10.5
85.5
2024
119.2
39.2
80
2025
159.1
77.7
81.4
* Includes SAR 49 billion from an infrastructure deal with Aramco.
** Includes SAR 55 billion from an infrastructure deal with Aramco.
In 2025, FDI inflows exceeded the National Investment Strategy’s target of SAR 140 billion by 14%.
FDI Inflow Targets
Period
Value (SAR bln)
% to nominal GDP
2021
42
1.5%
2022
61
2.0%
2023
83
2.4%
2024
109
2.9%
2025
140
3.4%
2026
176
3.8%
2027
217
4.3%
2028
266
4.8%
2029
323
5.2%
2030
388
5.7%
Saudi Arabia’s FDI stock rose 8% to SAR 1.06 trillion in 2025, from SAR 977.4 billion in 2024.
Foreign Direct Investment Stock
Period
Value (SAR bln)
YoY Change%
2015
408.2
4%
2016
496.2
22%
2017
501.8
1%
2018
550.1
10%
2019
559.4
2%
2020
570.7
2%
2021
680.7
19%
2022
791
16%
2023
897.3
13%
2024
977.4
9%
2025
1,058.8
8%
By economic activity, manufacturing ranked first in terms of FDI stock at the end of 2025, with approximately SAR 285.4 billion.
By country, the UAE ranked first in terms of FDI stock in Saudi Arabia, at SAR 170.7 billion, equivalent to 16% of the Kingdom’s total FDI stock, followed by Luxemburg, France, and the US.
The Kingdom of Saudi Arabia’s flag
Foreign direct investment (FDI) inflows into Saudi Arabia rose 33% to SAR 159.1 billion in 2025, from SAR 119.2 billion in 2024, according to data from the General Authority for Statistics (GASTAT).
FDI outflows surged 98% to SAR 77.7 billion in 2025, compared with SAR 39.2 billion a year earlier.
Net FDI inflows increased 2% to SAR 81.4 billion, from SAR 80 billion in 2024.
Foreign Direct Investment Flows
Period
Inflows (SAR bn)
Outflows (SAR bn)
Net FDI flows (SAR bn)
2016
110.1
27.7
82.3
2017
28.1
24.3
3.8
2018
70.3
24.8
45.5
2019
31.8
20.3
11.5
2020
29.9
23.8
6.1
2021*
121.8
15.5
106.3
2022**
118.9
18.8
100.2
2023
96
10.5
85.5
2024
119.2
39.2
80
2025
159.1
77.7
81.4
* Includes SAR 49 billion from an infrastructure deal with Aramco.
** Includes SAR 55 billion from an infrastructure deal with Aramco.
In 2025, FDI inflows exceeded the National Investment Strategy’s target of SAR 140 billion by 14%.
FDI Inflow Targets
Period
Value (SAR bln)
% to nominal GDP
2021
42
1.5%
2022
61
2.0%
2023
83
2.4%
2024
109
2.9%
2025
140
3.4%
2026
176
3.8%
2027
217
4.3%
2028
266
4.8%
2029
323
5.2%
2030
388
5.7%
Saudi Arabia’s FDI stock rose 8% to SAR 1.06 trillion in 2025, from SAR 977.4 billion in 2024.
Foreign Direct Investment Stock
Period
Value (SAR bln)
YoY Change%
2015
408.2
4%
2016
496.2
22%
2017
501.8
1%
2018
550.1
10%
2019
559.4
2%
2020
570.7
2%
2021
680.7
19%
2022
791
16%
2023
897.3
13%
2024
977.4
9%
2025
1,058.8
8%
By economic activity, manufacturing ranked first in terms of FDI stock at the end of 2025, with approximately SAR 285.4 billion.
By country, the UAE ranked first in terms of FDI stock in Saudi Arabia, at SAR 170.7 billion, equivalent to 16% of the Kingdom’s total FDI stock, followed by Luxemburg, France, and the US.

