Gross fixed capital formation, General government, Current prices in Saudi Arabia
Saudi Arabia: Gross fixed capital formation, General government, Current prices was -8.24 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Saudi Arabia, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation, general government, current prices in Saudi Arabia is -8.24 % change on previous year, measured in 2019.
The figure is down 263.0% on the previous year and down 62.4% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Saudi Arabia peaked at 100.93 % change on previous year in 1975 and was at its lowest, -46.29 % change on previous year, in 1996.
Saudi Arabia ranks 135th of 174 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Current prices in Saudi Arabia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 14.56 % change on previous year | — |
| 1972 | 39.16 % change on previous year | +169.0% |
| 1973 | 58.32 % change on previous year | +48.9% |
| 1974 | 83.89 % change on previous year | +43.9% |
| 1975 | 100.93 % change on previous year | +20.3% |
| 1976 | 68.99 % change on previous year | -31.6% |
| 1977 | 38.07 % change on previous year | -44.8% |
| 1978 | 22.57 % change on previous year | -40.7% |
| 1979 | 14.47 % change on previous year | -35.9% |
| 1980 | 21.09 % change on previous year | +45.7% |
| 1981 | 34.84 % change on previous year | +65.2% |
| 1982 | -2.86 % change on previous year | -108.2% |
| 1983 | -21.19 % change on previous year | +641.1% |
| 1984 | -22.3 % change on previous year | +5.3% |
| 1985 | -19.3 % change on previous year | -13.5% |
| 1986 | -16.96 % change on previous year | -12.1% |
| 1987 | 0.1287 % change on previous year | -100.8% |
| 1988 | -26 % change on previous year | -20300.2% |
| 1989 | 10.06 % change on previous year | -138.7% |
| 1990 | 67.96 % change on previous year | +575.4% |
| 1991 | 6.38 % change on previous year | -90.6% |
| 1992 | -20.96 % change on previous year | -428.5% |
| 1993 | -3.21 % change on previous year | -84.7% |
| 1994 | -15.53 % change on previous year | +384.3% |
| 1995 | 24.32 % change on previous year | -256.6% |
| 1996 | -46.29 % change on previous year | -290.3% |
| 1997 | 18.39 % change on previous year | -139.7% |
| 1998 | -5.88 % change on previous year | -131.9% |
| 1999 | 9.21 % change on previous year | -256.8% |
| 2000 | 16.34 % change on previous year | +77.4% |
| 2001 | 4.53 % change on previous year | -72.3% |
| 2002 | -3.59 % change on previous year | -179.3% |
| 2003 | 45.14 % change on previous year | -1355.7% |
| 2004 | 6.5 % change on previous year | -85.6% |
| 2005 | 63.13 % change on previous year | +871.9% |
| 2006 | 33.63 % change on previous year | -46.7% |
| 2007 | 44.49 % change on previous year | +32.3% |
| 2008 | 18.18 % change on previous year | -59.1% |
| 2009 | -5.07 % change on previous year | -127.9% |
| 2010 | 31.59 % change on previous year | -722.5% |
| 2011 | 29.17 % change on previous year | -7.7% |
| 2012 | 4.87 % change on previous year | -83.3% |
| 2013 | 7.33 % change on previous year | +50.7% |
| 2014 | 10.95 % change on previous year | +49.4% |
| 2015 | -0.9358 % change on previous year | -108.5% |
| 2016 | -23.19 % change on previous year | +2378.5% |
| 2017 | 6.46 % change on previous year | -127.9% |
| 2018 | 5.06 % change on previous year | -21.8% |
| 2019 | -8.24 % change on previous year | -263.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.99 % change on previous year | 14.47 % change on previous year | 100.93 % change on previous year | 9 |
| 1980s | -4.25 % change on previous year | -26 % change on previous year | 34.84 % change on previous year | 10 |
| 1990s | 3.44 % change on previous year | -46.29 % change on previous year | 67.96 % change on previous year | 10 |
| 2000s | 22.33 % change on previous year | -5.07 % change on previous year | 63.13 % change on previous year | 10 |
| 2010s | 6.31 % change on previous year | -23.19 % change on previous year | 31.59 % change on previous year | 10 |
Countries ranked near Saudi Arabia
- 132 Angola -6.18 % change on previous year compare
- 133 Latvia -6.63 % change on previous year compare
- 134 Botswana -7.78 % change on previous year compare
- 136 Bhutan -8.46 % change on previous year compare
- 137 Bolivia, Plurinational State of -9.57 % change on previous year compare
- 138 Bahrain -9.6 % change on previous year compare
More public sector data for Saudi Arabia
- Arms imports 1.11 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 31.47 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0009 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -14.27 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.11 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,276 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0641 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.3 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 80.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 602.88 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross fixed capital formation, general government, current prices in Saudi Arabia?
- Gross fixed capital formation, general government, current prices in Saudi Arabia was -8.24 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Saudi Arabia?
- The highest recorded value was 100.93 % change on previous year in 1975.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Saudi Arabia?
- The lowest recorded value was -46.29 % change on previous year in 1996.
- How does Saudi Arabia rank for gross fixed capital formation, general government, current prices?
- Saudi Arabia ranks 135th out of 174 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Saudi Arabia?
- Over the last ten years it is down 62.4%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, General government, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.