‎Foreign investments in Saudi Arabia rise 19% to SAR 2.79T in Q3 2024

‎Foreign investments in Saudi Arabia rise 19% to SAR 2.79T in Q3 2024 ‎Foreign investments in Saudi Arabia rise 19% to SAR 2.79T in Q3 2024

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The Kingdom of Saudi Arabia’s flag

Foreign investments in Saudi Arabia stood at SAR 2.79 trillion by the end of Q3 2024, up 19% from Q3 2023, according to data from the Saudi Central Bank (SAMA).

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The table below shows foreign investments in Saudi Arabia since 2021:

Foreign Investments in Saudi Arabia*

Period

Value

(SAR bln)

YoYChange

Q1 2021

1,767.4

Q2

1,917.2

Q3

2,016.6

Q4

2,042.4

Q1 2022

2,166.4

+23%

Q2

2,143.6

+12%

Q3

2,180.8

+8%

Q4

2,168.5

+6%

Q1 2023

2,182.6

+1%

Q2

2,307.0

+8%

Q3

2,342.5

+7%

Q4

2,492.5

+15%

Q1 2024

2,625.2

+20%

Q2

2,663.4

+15%

Q3

2,790.7

+19%

*Data was updated according to the new foreign investment calculations methodology recently published by GASTAT.

Foreign direct investments (FDIs) represented 33%, or SAR 934.5 billion,of the third-quarter total.

For the same period, portfolio investments, which include equity, investment funds, and debt bonds, reached SAR 1.11 trillion. Other investments amounted to SAR 743.6 billion.

The following table breaks down foreign investments in Saudi Arabia in Q3 2024:

Details of Foreign Investment

Item

Value

(SAR bln)

Ratio to Total

(%)

FDIs

934.5

33%

Portfolio Investments

1,112.6

40%

Equity Investment Funds

486.4

17%

Debt Bonds

626.3

22%

Other Investments

743.6

27%

Loans

341.0

12%

Currency Deposits

309.8

11%

Other Payable Dues

92.9

3%

Total

2,790.7

100%

 

The Kingdom of Saudi Arabia’s flag

Foreign investments in Saudi Arabia stood at SAR 2.79 trillion by the end of Q3 2024, up 19% from Q3 2023, according to data from the Saudi Central Bank (SAMA).

The table below shows foreign investments in Saudi Arabia since 2021:

Foreign Investments in Saudi Arabia*

Period

Value

(SAR bln)

YoYChange

Q1 2021

1,767.4

Q2

1,917.2

Q3

2,016.6

Q4

2,042.4

Q1 2022

2,166.4

+23%

Q2

2,143.6

+12%

Q3

2,180.8

+8%

Q4

2,168.5

+6%

Q1 2023

2,182.6

+1%

Q2

2,307.0

+8%

Q3

2,342.5

+7%

Q4

2,492.5

+15%

Q1 2024

2,625.2

+20%

Q2

2,663.4

+15%

Q3

2,790.7

+19%

*Data was updated according to the new foreign investment calculations methodology recently published by GASTAT.

Foreign direct investments (FDIs) represented 33%, or SAR 934.5 billion,of the third-quarter total.

For the same period, portfolio investments, which include equity, investment funds, and debt bonds, reached SAR 1.11 trillion. Other investments amounted to SAR 743.6 billion.

The following table breaks down foreign investments in Saudi Arabia in Q3 2024:

Details of Foreign Investment

Item

Value

(SAR bln)

Ratio to Total

(%)

FDIs

934.5

33%

Portfolio Investments

1,112.6

40%

Equity Investment Funds

486.4

17%

Debt Bonds

626.3

22%

Other Investments

743.6

27%

Loans

341.0

12%

Currency Deposits

309.8

11%

Other Payable Dues

92.9

3%

Total

2,790.7

100%

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