The foreign direct investment (FDI) in Saudi Arabia jumped to $203.2 billion by the end of 2022, compared to $175.7 billion in 2021. The General Authority for Statistics (GASTAT) issued the Annual Foreign Direct Investment for 2022 data, showing that the FDI inflow to the Saudi economy rose 20% percent during 2022, reaching $32.8 billion, compared to 2021. The outflows of foreign direct investment for companies in the Saudi economy grew 12%, reaching $4.5 billion compared to 2021.
Saudi Arabia on road to becoming data-driven economy
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Saudi Arabia on road to becoming data-driven economy
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Kuwait buys Turkish combat drones for $367 million
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The General Authority for Statistics (GASTAT) announced the results of the Saudi 2022 census, which puts the population of the Kingdom at 32.1 million with 18.8 million nationals, of which 63 percent are under the age of 30 and 13.4 million residents. The census showed that the total number of Saudi families accounted for 4.2 million, with an average size of 4.8 persons per family. The percentage of Saudi males was close to that of Saudi females, as the ratio of males reached 50.2 percent, compared to 49.8 percent for females.