Net acquisition of financial assets in Saudi Arabia
Saudi Arabia: Net acquisition of financial assets was 0.8% in 2024. ◆ Volatile
Net acquisition of financial assets in Saudi Arabia, 2016–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Saudi Arabia recorded 0.8% for net acquisition of financial assets in 2024.
Compared with earlier readings it is up 405.1% on the previous year and up 115.7% over ten years.
Over the whole period, net acquisition of financial assets in Saudi Arabia peaked at 3.5% in 2022 and was at its lowest, -5.3%, in 2016.
Saudi Arabia ranks 71st of 134 countries on this measure, in the middle of the range.
Net acquisition of financial assets in Saudi Arabia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2016 | -5.3% | — |
| 2017 | -3.3% | -37.7% |
| 2018 | -2.0% | -40.6% |
| 2019 | -0.5% | -73.8% |
| 2020 | -2.5% | +396.4% |
| 2021 | 0.6% | -122.4% |
| 2022 | 3.5% | +507.0% |
| 2023 | -0.3% | -107.9% |
| 2024 | 0.8% | -405.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -2.8% | -5.3% | -0.5% | 4 |
| 2020s | 0.4% | -2.5% | 3.5% | 5 |
Countries ranked near Saudi Arabia
- 68 South Africa 0.8% compare
- 69 Serbia 0.8%
- 70 Vanuatu 0.8% compare
- 72 Solomon Islands 0.8% compare
- 73 Guinea-Bissau 0.8% compare
- 74 Afghanistan 0.7%
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 net acquisition of financial assets in Saudi Arabia?
- Net acquisition of financial assets in Saudi Arabia was 0.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Saudi Arabia?
- The highest recorded value was 3.5% in 2022.
- What is the lowest net acquisition of financial assets recorded in Saudi Arabia?
- The lowest recorded value was -5.3% in 2016.
- How does Saudi Arabia rank for net acquisition of financial assets?
- Saudi Arabia ranks 71st out of 134 countries with data for 2024.
- Is net acquisition of financial assets rising or falling in Saudi Arabia?
- Over the last ten years it is up 115.7%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.