The Kingdom of Saudi Arabia's flag
Foreign direct investment (FDI) inflows to Saudi Arabia rose to $13.8 billion in the second quarter of 2021, hitting their highest level since late 2010, according to the Ministry of Investment.
The huge value of FDI inflows came after the $12.4 billion infrastructure deal closed by Saudi Aramco with a global investor consortium.
Despite the major contribution of the deal to the total value, FDI inflows saw a remarkable growth in Q2 year-on-year (YoY), with 56% to nearly $1.4 billion (excluding the deal).
Total FDI in the first six months of 2021 amounted to $15.6 billion.
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 |
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 |
913 |
(19%) |
Q3 2020 |
1088 |
(5%) |
Q4 2020 |
1872 |
+ 80% |
Q1 2021 |
1811 |
+ 12% |
Q2 2021 |
13829 |
-- |
Be the first to comment
Comments Analysis: