Saudi Q1 FDI Net Flow Up 5.6% YoY

The net flow of foreign direct investment (FDI) in the Kingdom reached 9.5 billion SAR during the first quarter of 2024, achieving a growth of 5.6% compared to the first quarter of 2023, which recorded SAR 9 billion.

FDI inflows amounted to about SAR 17 billion during Q1 2024, a growth of 0.6% compared to the first quarter of 2023, which was about SAR 16.9 billion.

FDI outflows amounted to SAR 7.5 billion during the first quarter of 2024, registering a decrease of 5.1% compared to the first quarter of 2023, where the volume of outflows reached SAR 8 billion.