The United States secured sixth place among the top foreign investors in Saudi Arabia in 2024, with foreign direct investment (FDI) reaching $15.4 billion, according to the Saudi Ministry of Investment.
Leading the list, the United Arab Emirates topped all countries with $40.5 billion in FDI, followed by Luxembourg ($27.1B), France ($17.4B), the Netherlands ($17.1B), and the United Kingdom ($16.7B).
The United States ranks sixth in Saudi Arabia’s FDI list, reflecting its strategic role in the Kingdom’s economic diversification.
The rest of the top ten included:
- Bahrain: $10 billion
- Kuwait: $9.5 billion
- Jordan: $6.8 billion
- Japan: $6.3 billion
These investments underscore Saudi Arabia’s increasing attractiveness as a global investment destination, backed by the ambitious Vision 2030 reform plan. The government’s initiatives aim to enhance the Kingdom’s competitiveness and streamline the business environment.
The United States ranks sixth in Saudi Arabia’s FDI list, while bilateral trade continues to thrive.
In 2024, trade between Saudi Arabia and the United States remained strong. Saudi exports to the US totaled $13 billion, primarily oil, fertilizers, and organic chemicals. US exports to Saudi Arabia reached $19 billion, dominated by machinery, vehicles, and medical devices.
From 2015 to 2024, total commercial activity between the two countries amounted to SR1.34 trillion ($357 billion), with the US maintaining a significant presence in Saudi Arabia’s trade and investment portfolio.
The United States ranks sixth in Saudi Arabia’s FDI list, contributing to decades of robust economic relations.
Saudi Arabia’s trade with GCC nations also surged in 2024, totaling $180 billion, highlighting the region’s growing intra-Gulf economic integration.
