Nominal Gross Fixed Capital Formation for Saudi Arabia
NFINSAXDCSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
396,922.00
Year-over-Year Change
53.17%
Date Range
1/1/2005 - 1/1/2025
Summary
Nominal Gross Fixed Capital Formation for Saudi Arabia measures the total value of new capital assets acquired by the country's private and public sectors. It is a key indicator of economic investment and growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Gross Fixed Capital Formation represents the acquisition of new, relatively permanent assets by businesses, governments, and households. This metric is an important gauge of a country's investment and future productive capacity.
Methodology
The data is compiled by the Saudi Arabian Monetary Authority from reports by domestic and foreign investors.
Historical Context
This trend is closely monitored by economists, policymakers, and investors to assess the health and direction of the Saudi Arabian economy.
Key Facts
- Saudi Arabia is the largest economy in the Middle East.
- The country's GDP grew by 3.2% in 2021.
- Capital investment is crucial for diversifying the Saudi economy beyond oil.
FAQs
Q: What does this economic trend measure?
A: Nominal Gross Fixed Capital Formation measures the total value of new capital assets acquired by Saudi Arabia's private and public sectors, including machinery, equipment, buildings, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of a country's investment in productive capacity, which is critical for long-term economic growth and development.
Q: How is this data collected or calculated?
A: The data is compiled by the Saudi Arabian Monetary Authority from reports by domestic and foreign investors on their capital expenditures.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the health of the Saudi Arabian economy and the effectiveness of policies aimed at diversifying investment and growth beyond the oil sector.
Q: Are there update delays or limitations?
A: The data is typically released with a lag of several months, and it may not capture all investment activity, particularly in the informal sector.
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Citation
U.S. Federal Reserve, Nominal Gross Fixed Capital Formation for Saudi Arabia (NFINSAXDCSAQ), retrieved from FRED.