Riyadh city
Foreign direct investment (FDI) inflows to Saudi Arabia rose to $3.7 billion in the second half of 2021, according to the Ministry of Investment.
Accordingly, total FDI in 2021 leapt 257% year-on-year (YoY) to $19.3 billion in 2021.
The huge value of FDI inflows came after the $12.4 billion infrastructure deal closed by Saudi Aramco with a global investor consortium.
The ministry indicated that the continuous rise in foreign capital flows in spite of the major challenges in the global economy reinforces Saudi Arabia’s position as an attractive investment destination.
The National Investment Strategy (NIS) will provide more opportunities for foreign investors to be part of this milestone witnessed by the Kingdom.
The following table shows the quarterly FDI inflows to Saudi Arabia since the beginning of 2017:
|
FDI Inflows to Saudi Arabia |
||
|
Period |
Value (SAR mln) |
YoY Variation |
|
Q1 2017 |
336 |
-- |
|
Q2 2017 |
548 |
-- |
|
Q3 2017 |
271 |
-- |
|
Q4 2017 |
264 |
-- |
|
Q1 2018 |
1.008 |
+200% |
|
Q2 2018 |
1.095 |
+100% |
|
Q3 2018 |
1.075 |
+297% |
|
Q4 2018 |
1.068 |
+305% |
|
Q1 2019 |
1.249 |
+24% |
|
Q2 2019 |
1.122 |
+2% |
|
Q3 2019 |
1.150 |
+7% |
|
Q4 2019 |
1.042 |
(2%) |
|
Q1 2020 |
1.613 |
+29% |
|
Q2 2020 |
826 |
(26%) |
|
Q3 2020 |
1.088 |
(5%) |
|
Q4 2020 |
1.871 |
+80% |
|
Q1 2021 |
1.795 |
+11% |
|
Q2 2021 |
13.829 |
-- |
|
Q3 2021 |
1.728 |
+59% |
|
Q4 2021 |
1.933 |
+13% |
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