Consumption of Fixed Capital (Agriculture, Forestry and Fishing) in Saudi Arabia
Saudi Arabia: Consumption of Fixed Capital (Agriculture, Forestry and Fishing) was 9,254 million SLC in 2023. ▲ Rising
Consumption of Fixed Capital (Agriculture, Forestry and Fishing) in Saudi Arabia, 1995–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for consumption of fixed capital (agriculture, forestry and fishing) in Saudi Arabia is 9,254 million SLC, measured in 2023. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 15.4% on the previous year and up 103.7% over ten years.
Over the whole period, consumption of fixed capital (agriculture, forestry and fishing) in Saudi Arabia peaked at 9,254 million SLC in 2023 and was at its lowest, 1,696 million SLC, in 1995.
Saudi Arabia ranks 76th of 181 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Consumption of Fixed Capital (Agriculture, Forestry and Fishing) in Saudi Arabia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1995 | 1,696 million SLC | — |
| 1996 | 1,900 million SLC | +12.0% |
| 1997 | 2,009 million SLC | +5.7% |
| 1998 | 2,031 million SLC | +1.1% |
| 1999 | 2,042 million SLC | +0.6% |
| 2000 | 2,113 million SLC | +3.4% |
| 2001 | 2,202 million SLC | +4.2% |
| 2002 | 2,594 million SLC | +17.8% |
| 2003 | 2,819 million SLC | +8.7% |
| 2004 | 2,843 million SLC | +0.9% |
| 2005 | 3,088 million SLC | +8.6% |
| 2006 | 3,388 million SLC | +9.7% |
| 2007 | 3,817 million SLC | +12.7% |
| 2008 | 4,482 million SLC | +17.4% |
| 2009 | 4,082 million SLC | -8.9% |
| 2010 | 3,818 million SLC | -6.5% |
| 2011 | 4,025 million SLC | +5.4% |
| 2012 | 4,293 million SLC | +6.6% |
| 2013 | 4,542 million SLC | +5.8% |
| 2014 | 4,752 million SLC | +4.6% |
| 2015 | 4,954 million SLC | +4.3% |
| 2016 | 5,257 million SLC | +6.1% |
| 2017 | 5,493 million SLC | +4.5% |
| 2018 | 5,741 million SLC | +4.5% |
| 2019 | 6,090 million SLC | +6.1% |
| 2020 | 6,625 million SLC | +8.8% |
| 2021 | 7,384 million SLC | +11.4% |
| 2022 | 8,022 million SLC | +8.6% |
| 2023 | 9,254 million SLC | +15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,935 million SLC | 1,696 million SLC | 2,042 million SLC | 5 |
| 2000s | 3,143 million SLC | 2,113 million SLC | 4,482 million SLC | 10 |
| 2010s | 4,897 million SLC | 3,818 million SLC | 6,090 million SLC | 10 |
| 2020s | 7,821 million SLC | 6,625 million SLC | 9,254 million SLC | 4 |
Countries ranked near Saudi Arabia
More environment data for Saudi Arabia
- Historical exposure to drought — Land soil moisture anomaly -52.52 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly -27.86 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.424 °C (2025)
- Temperature change 1.58 °C (2025)
- Roundwood, non-coniferous — Production, annual growth rate 2.18 % change on previous year (2024)
- Wood fuel — Production, annual growth rate 2.18 % change on previous year (2024)
- Wood fuel, non-coniferous — Production, annual growth rate 2.18 % change on previous year (2024)
- Industrial roundwood — Import quantity, per unit of GDP 0 m3 per US$ of GDP (2024)
- Industrial roundwood — Import quantity, per capita 0.0001 m3 per person (2024)
Frequently asked questions
- What is consumption of fixed capital (agriculture, forestry and fishing) in Saudi Arabia?
- Consumption of fixed capital (agriculture, forestry and fishing) in Saudi Arabia was 9,254 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest consumption of fixed capital (agriculture, forestry and fishing) recorded in Saudi Arabia?
- The highest recorded value was 9,254 million SLC in 2023.
- What is the lowest consumption of fixed capital (agriculture, forestry and fishing) recorded in Saudi Arabia?
- The lowest recorded value was 1,696 million SLC in 1995.
- How does Saudi Arabia rank for consumption of fixed capital (agriculture, forestry and fishing)?
- Saudi Arabia ranks 76th out of 181 countries with data for 2023.
- Is consumption of fixed capital (agriculture, forestry and fishing) rising or falling in Saudi Arabia?
- Over the last ten years it is up 103.7%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Consumption of Fixed Capital (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
As part of the FAO Agriculture Capital Stock (ACS) database, the Statistics Division of FAO publishes country-by-country data on physical investment in agriculture, forestry and fishing as measured by the System of National Accounts (SNA) concept of Gross Fixed Capital Formation (GFCF). Additional variables included in the ACS are Net and Gross Capital Stock, Consumption of Fixed Capital, the Agriculture Investment ratio, and the Gross Fixed Capital Formation Agriculture Orientation Index. The FAO Agriculture Capital Stock Database is an analytical database: whenever available, the database integrates official National Accounts data harvested from the UNSD National Accounts Main Aggregates Database (UNSD AMA) and the OECD Annual National Accounts Database (OECD ANA). The database is further supplemented by OECD Structural Analysis database (OECD STAN) and, in a few cases, data from country’s statistics websites. If the full set of official data is not available for any specific country, imputation methods are applied to obtain estimates over the complete time series. Many data points in ACS are estimated and are flagged as such; they do not represent official submissions by Member Countries. With a view of producing internationally comparable net capital stock estimates, the Perpetual Inventory Method (PIM) with a constant geometric depreciation rate is employed to impute missing data. The Perpetual Inventory Method is a well-established economic model to calculate Net Capital Stocks (NCS) and Consumption of Fixed Capital (CFC) from time series of Gross Fixed Capital Formation (GFCF). Specifically, annual measures of the NCS are obtained from cumulating historical series on physical investment flows and deducting the part of assets that are depreciated (the Consumption of Fixed Capital that occurs in every period). In order to implement the PIM, long time series on aggregate GFCF in agriculture, forestry and fishing is required.An attempt is made to rely as much as possible on National Accounts data published by the OECD and UNSD. When country data are partially or fully missing, econometric techniques to impute missing observations are employed. Depending on the pattern of data missingness for the countries, different imputation methods are applied (from among the ARIMAX, PANEL regression, and OLS approaches) for the data series from 1995 to 2022. The values of Agriculture Capital Stock related indicators for 2023, including Agriculture Investment Ratio, Agriculture Orientation Index, Net Capital Stock, Gross Fixed Capital Formation and Consumption of Fixed Capital, are estimated using the Holt-Winters (HW) method (Cipra et al., 1995). The HW method is an exponential smoothing method for forecasting the annual values of economic variables. In this context, the HW method relies on existing (historical) values of the Agriculture Capital Stock. The predicted value is an extrapolation of the historical values to the specified target date, which extends the timeline without considering seasonality in the annual series.All data series in the database are provided both in national currencies and in US dollars as well as in current prices and constant prices with base year 2015.