AI Summary
Saudi Arabian banknotes
The total value of assets held by investment funds in Saudi Arabia grew by 8% to SAR 227.2 billion in 2021, compared to SAR 209.7 billion a year earlier, data issued by the Saudi Central Bank (SAMA) showed.
The increase was spurred by a 32% rise year-on-year (YoY) in foreign assets to SAR 79.5 billion. On the other hand, local fund assets – which represent 65% of total assets – edged down 1% to SAR 147.7 billion, while assets of closed-end funds reached around SAR 29.3 billion.
Assets held by investment funds include local and foreign stocks, bonds, real estate investments among others.
|
Investment Fund Assets (SAR bln) |
||||
|
Period |
Local assets |
Foreign assets |
Total |
YoY change |
|
2005 |
115.66 |
21.31 |
136.97 |
+127% |
|
2006 |
61.34 |
22.76 |
84.11 |
(39%) |
|
2007 |
79.89 |
25.21 |
105.10 |
+25% |
|
2008 |
61.26 |
13.55 |
74.81 |
(29%) |
|
2009 |
74.14 |
15.41 |
89.55 |
+20% |
|
2010 |
74.44 |
20.30 |
94.74 |
+6% |
|
2011 |
64.53 |
17.66 |
82.19 |
(13%) |
|
2012 |
69.81 |
18.26 |
88.07 |
+7% |
|
2013 |
81.86 |
21.32 |
103.18 |
+17% |
|
2014 |
81.87 |
28.84 |
110.71 |
+7% |
|
2015 |
75.92 |
26.98 |
102.90 |
(7%) |
|
2016 |
70.66 |
17.18 |
87.84 |
(15%) |
|
2017 |
91.15 |
19.09 |
110.23 |
+25% |
|
2018 |
93.65 |
18.21 |
111.86 |
+1% |
|
2019 |
133.44 |
26.52 |
159.96 |
+43% |
|
2020 |
149.56 |
60.16 |
209.72 |
+31% |
|
2021 |
147.69 |
79.48 |
227.17 |
+8% |
The number of investment funds operating in the Kingdom stood at 256 in 2021, up from 254 in 2020.
|
Number of Investment Funds since 2005 |
||
|
Change |
No. of Operating Funds |
Period |
|
+11 |
199 |
2005 |
|
+15 |
214 |
2006 |
|
+38 |
252 |
2007 |
|
+10 |
262 |
2008 |
|
(18) |
244 |
2009 |
|
(1) |
243 |
2010 |
|
+6 |
249 |
2011 |
|
(9) |
240 |
2012 |
|
(4) |
236 |
2013 |
|
+16 |
252 |
2014 |
|
+18 |
270 |
2015 |
|
+5 |
275 |
2016 |
|
(2) |
273 |
2017 |
|
(24) |
249 |
2018 |
|
+4 |
253 |
2019 |
|
+1 |
254 |
2020 |
|
+2 |
256 |
2021 |
The number of subscribers increased by 170,400 to its highest level in 16 years at 529,300 by the end of 2021, when compared to 2020.
|
Number of Subscribers Since 2005 |
||
|
Change |
No. of Subscribers |
Period |
|
369927+ |
568284 |
2005 |
|
(68316) |
499968 |
2006 |
|
(73883) |
426085 |
2007 |
|
(51110) |
374975 |
2008 |
|
(18644) |
356331 |
2009 |
|
(35916) |
320415 |
2010 |
|
(26510) |
293905 |
2011 |
|
(18281) |
275624 |
2012 |
|
(17514) |
258110 |
2013 |
|
(12079) |
246031 |
2014 |
|
(9054) |
236977 |
2015 |
|
(12566) |
224411 |
2016 |
|
14034+ |
238445 |
2017 |
|
94122+ |
332567 |
2018 |
|
(2828) |
329739 |
2019 |
|
29155+ |
358894 |
2020 |
|
170418+ |
529312 |
2021 |
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