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Saudi Arabia’s FDI Inflows Surge in 2023, But 2024 Targets Face Challenges

© Allen Dreyfus

George Charles Darley-Doran

George Charles Darley, a freelance journalist and consultant, writes for leading outlets, with work in 30+ languages.
  • Saudi Arabia’s 2023 FDI inflow reaches SAR 96 billion, a 50% increase excluding one-off Aramco deal
  • Projections for 2024 show slower FDI growth, raising concerns over hitting long-term targets

Saudi Arabia has unveiled its 2023 foreign direct investment (FDI) statistics, calculated using the IMF’s latest Balance of Payments Manual (BPM6), offering a detailed breakdown of investment flows by economic activity and investor country.

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