Net inflows of foreign direct investment (FDI) in the Kingdom climbed 90% y-o-y to SAR 48.4 bn in 4Q 2025, according to data (pdf) from Gastat. On a quarterly basis, FDI net inflows rose 82% from 3Q 2025.

FDI inflows reached around SAR 50.6 bn in 4Q 2025, marking a 29% y-o-y increase and a 69% rise from 3Q. Meanwhile, FDI outflows stood at SAR 2.2 bn, down 84% y-o-y and 33% q-o-q.

For the full year, FDI net inflows totaled SAR 122.4 bn, according to the data. Inflows were relatively steady in the first half of the year, increased modestly in 3Q, and surged sharply in 4Q, which accounted for nearly 40% of total annual inflows. The total FDI inflows for the year amounted to SAR 133.3 bn.

MEANWHILE- FDI outflows for the year totaled SAR 10.9 bn. Outflows were moderate in the first three quarters, peaked slightly in 3Q, and declined in 4Q, reflecting steady but moderate outward investment activity.

BACKGROUND- The Kingdom introduced a series of reforms to attract FDI over the last year, including rent freezes, opening property ownership to foreigners, capital market liberalization, and a privatization strategy. Authorities are targeting USD 100 bn in annual FDI by 2030, a goal that’s increasingly looking out of reach after regional tensions erupted.

ALSO- 3Q figures were revised

FDI net inflows for 3Q 2025 were revised upward to SAR 26.6 bn from SAR 24.9 bn. Inflows were also revised to SAR 29.9 bn, up from SAR 27.7 bn, while outflows increased to SAR 3.3 bn from SAR 2.7 bn.

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