Riyadh January 31 2024: The net flow of foreign direct investment (FDI) in Saudi Arabia amounted to more than 11 billion SAR during the third quarter of 2023, a decrease of 10% compared to the second quarter of the same year, which was about 13 billion SAR., according to GSTAT.
Meanwhile, the net flow of foreign direct investment for the third quarter of 2023 achieved a growth of 26% compared to the first quarter of 2023, which recorded 9 billion SAR.
Outflows amounted to about 5 billion SAR, registering a decrease of 22.5% compared to the second quarter of the same year, where the volume of outflows reached 7 billion SAR . When compared to the first quarter of 2023, the volume of Outflows for the third quarter of 2023 also decreased by 33.3%, where the volume of outflows for the first quarter was about 8 billion SAR, thus recording the highest outflows during 2023 so far.
