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FDI inflow to Saudi Arabia jumps 16% to $3.47bn in Q4 2023

RIYADH, 29 days ago

The net flow of Foreign Direct Investment (FDI) into Saudi Arabia amounted to over SAR13 billion ($3.47 billion) in Q4 of 2024, an increase of 16% from SAR11 billion in Q3 of the same year.

Total FDI into the kingdom's economy during Q4 of 2023 totalled about SAR19 billion, an increase of 16.6% from about SAR16 billion in Q3, according to statistics issued by the General Authority for Statistics (GASTAT), a Saudi Press Agency report said.

It also shows that FDI outflows amounted to some SAR6 billion, an increase of 17.6% compared to SAR5 billion in Q3.

 




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