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NEWS

FDI inflows to Saudi Arabia hit a record level during 2021
Investment management. Portfolio diversification.

Foreign direct investment inflows to Saudi Arabia reached a record level in 2021, reaching $19.3 billion (72.3 billion riyals), an increase of 257.2%, compared to $5.4 billion (20.25 billion riyals) in 2020.

The data indicate that foreign direct investment inflows to Saudi Arabia increased for the fourth year in a row, reaching 15.9 billion riyals ($4.2 billion) in 2018, then 17.1 billion riyals ($4.6 billion) in 2019, and 20.25 billion riyals ($5.4 billion) ) in 2020, and finally $19.3 billion (72.3 billion riyals) in 2021.

This comes in light of the efforts made by the state to overcome the obstacles to foreign investment in the Kingdom and the huge investment opportunities available.

During the fourth quarter of 2021, Saudi Arabia attracted foreign direct investment of about 7.25 billion riyals ($1.93 billion), compared to seven billion riyals in the same period of 2020, an increase of 3.3%, while it rose 0.7% compared to the third quarter of the same year, which amounted to 6.5 billion riyals.

Saudi Arabia aims to increase the net foreign direct investment flowing into the country by 1816% within ten years (from 2021 to 2030), to reach 388 billion riyals (103.5 billion dollars) annually by 2030, while it was 20.2 billion riyals ($ 5.4 billion) in 2020.