logo of the Ministry of Investment
Foreign direct investment (FDI) inflows to Saudi Arabia dropped 85% year-on-year (YoY) to SAR 7.9 billion (or $2.11 billion) in the second quarter of 2022, according to the Ministry of Investment.
The ministry ascribed the decline to closing the deal of Saudi Aramco in Q2 2021, which amounted to about SAR 47 billion. Excluding Aramco's deal, FDIs inflows to the Kingdom grew by 45% YoY in and 6.6% quarter-on-quarter (QoQ) in Q2 2022.
Nominal gross fixed capital formation reached SAR 248 million, a rise of over 36% YoY.
|
Q2 2022 Investment Indicators |
|
|
Indicator |
Details |
|
Net FDIs (SAR bln) |
7.9 |
|
Net FDI growth (YoY) |
(85%) |
|
Nominal gross fixed capital formation (SAR bln) |
248 |
|
Nominal gross fixed capital formation Growth (YoY) |
+ 36% |
|
Expected value from deals (SAR bln) |
+ 179% |
According to Argaam data, the FDIs rose for the seventh straight time in Q2 2022.
|
FDIs in Saudi Arabia* |
||
|
Period |
Value ($mln) |
YoY Change |
|
Q1 2017 |
336 |
-- |
|
Q2 2017 |
548 |
-- |
|
Q3 2017 |
271 |
-- |
|
Q4 2017 |
264 |
-- |
|
Q1 2018 |
1008 |
+ 200% |
|
Q2 2018 |
1095 |
+ 100% |
|
Q3 2018 |
1075 |
+ 297% |
|
Q4 2018 |
1068 |
+ 305% |
|
Q1 2019 |
1249 |
+ 24% |
|
Q2 2019 |
1122 |
+ 2% |
|
Q3 2019 |
1150 |
+ 7% |
|
Q4 2019 |
1042 |
(2%) |
|
Q1 2020 |
1613 |
+ 29% |
|
Q2 2020 |
826 |
(26%) |
|
Q3 2020 |
1088 |
(5%) |
|
Q4 2020 |
1871 |
+ 80% |
|
Q1 2021 |
1795 |
+ 11% |
|
Q2 2021 |
13829 |
-- |
|
Q3 2021 |
1728 |
+ 59% |
|
Q4 2021 |
1933 |
+ 3% |
|
Q1 2022 |
1973 |
+ 10% |
|
Q2 2022 |
2107 |
(85%) |
Comments
{{DisplayName}}
{{ElapsedTime}}