The Impact of Investment Funds on Economic Growth in Saudi Arabia: A Multivariate Analysis

Abstract

This study assesses the impact of mutual investment funds on Saudi Arabia's economic growth from 1998 to 2022, focusing on GDP, unemployment, inflation, and the Tadawul stock exchange. Multivariate Analysis of Variance shows a positive correlation between investment fund variables and key economic indicators, even during financial crises. The findings underscore the significance of monitoring these variables for informed policymaking and investment strategies. Despite study limitations, it emphasizes the need for future research to explore additional determinants and external influences on investment funds, enriching the existing body of knowledge on the subject and guiding comprehensive economic planning.