Abstract

This study aims investigate the relationship between expenditure on higher education and economic developmentin Saudi Arabia. which has invested in higher education and knowledge creation since its independence as part ofthe sustainable development process. Accordingly, this study aims at conducting an initial survey of the policies ofexpenditure on higher education in Saudi Arabia and then developing a standard model in which the results ofthis investment will be measured in achieving the economic development in Saudi Arabia for a period of fortyyears from (1978) until (2017). Based on econometric instruments; the study model did not succeed in finding arelationship between investment in higher education and economic development in Saudi Arabia.