Saudi Arabia - Gross capital formation (current LCU)

Gross capital formation (current LCU) in Saudi Arabia was at 839368000000 LCU in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 saudi arabia gross capital formation current lcu wb data




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Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and work in progress. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.


Saudi Arabia | Economy & Growth

GDP (current US$)
646001866667 USD
GDP (current LCU)
2422507000000 LCU
GDP (constant 2000 US$)
672213866667 USD
GDP (constant LCU)
2520802000000 LCU
GNI (current US$)
661666866667 USD
GNI (current LCU)
2481250750000 LCU
GNI (constant 2000 US$)
685892133031 USD
GNI (constant LCU)
2572095498867 LCU
Gross savings (current US$)
162307385333 USD
Gross savings (current LCU)
608652695000 LCU