Riyad Bank Saudi Arabia's PMI rose to 52.8 in May 2026 from 51.5 in April, signaling a stronger improvement in non-oil private sector conditions. Output expanded at the fastest pace in three months, supported by stronger domestic demand, resumed projects, and normalized operations following earlier disruptions. However, new order growth remained modest, while export orders contracted sharply for a third consecutive month amid shipping disruptions, higher freight and fuel costs, and geopolitical tensions. Supply chain conditions improved, with delivery times shortening for the first time since February, while purchasing activity returned to growth. Employment also expanded modestly as firms worked through rising backlogs. Meanwhile, cost pressures remained elevated despite easing from April’s record high, prompting another sharp increase in selling prices. Business confidence remained subdued amid ongoing regional uncertainty. source: S&P Global

Manufacturing PMI in Saudi Arabia increased to 52.80 points in May from 51.50 points in April of 2026. Manufacturing PMI in Saudi Arabia averaged 56.33 points from 2011 until 2026, reaching an all time high of 61.80 points in September of 2014 and a record low of 42.40 points in March of 2020. This page provides the latest reported value for - Saudi Arabia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing PMI in Saudi Arabia increased to 52.80 points in May from 51.50 points in April of 2026. Manufacturing PMI in Saudi Arabia is expected to be 53.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Non-Oil Private Sector PMI is projected to trend around 55.40 points in 2027 and 55.00 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Changes in Inventories 3840.00 28085.00 SAR Million Mar 2026
Corruption Index 57.00 59.00 Points Dec 2025
Corruption Rank 45.00 38.00 Dec 2025
Crude Oil Rigs 118.00 120.00 May 2026
Industrial Production YoY -19.10 -14.10 percent Apr 2026
Industrial Production Mom -6.80 -23.80 percent Apr 2026
Manufacturing Production -6.10 -4.70 percent Apr 2026
Mining Production -29.90 -22.20 percent Apr 2026


Saudi Arabia Non-Oil Private Sector PMI
In Saudi Arabia, the seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index measures the performance of companies in non-oil private sector and is derived from a survey of 400 companies, including manufacturing, services, construction and retail. The Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the non-oil private sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Saudi Non-Oil Private Sector Growth Continues in May
Riyad Bank Saudi Arabia's PMI rose to 52.8 in May 2026 from 51.5 in April, signaling a stronger improvement in non-oil private sector conditions. Output expanded at the fastest pace in three months, supported by stronger domestic demand, resumed projects, and normalized operations following earlier disruptions. However, new order growth remained modest, while export orders contracted sharply for a third consecutive month amid shipping disruptions, higher freight and fuel costs, and geopolitical tensions. Supply chain conditions improved, with delivery times shortening for the first time since February, while purchasing activity returned to growth. Employment also expanded modestly as firms worked through rising backlogs. Meanwhile, cost pressures remained elevated despite easing from April’s record high, prompting another sharp increase in selling prices. Business confidence remained subdued amid ongoing regional uncertainty.
2026-06-03
Saudi Non-Oil Private Sector Returns to Growth
Riyad Bank Saudi Arabia’s PMI rose to 51.5 in April 2026 from March's sharp contraction at 48.8, signaling a modest recovery in the non-oil private sector after disruptions due to the Middle East war. The rebound was driven by improved domestic demand and a pickup in new business, but growth remained subdued as Middle East conflict-related uncertainty continued to delay spending and investment decisions. Export orders fell at the fastest pace on record, and output expanded but at a historically muted pace, while purchasing activity declined for a second month amid cautious input buying. Inventories increased as firms sought to buffer against supply disruptions, with delivery times lengthening due to shipping delays. Cost pressures intensified sharply, with input prices rising at the fastest rate in the survey’s history, pushing selling prices near record highs. Still, business sentiment improved, supported by strong domestic fundamentals and ongoing government-led development.
2026-05-05
Saudi Non-Oil Private Sector Contracts the Most in 6 Years
Riyad Bank Saudi Arabia’s PMI plunged to 48.8 in March 2026 from 56.1 in the prior month, signaling the first drop in the non-oil private sector in near six years and the steepest downturn since a record low in March 2020. The decline stemmed from Middle East war disruptions that strained supply chains and delayed client spending. New orders stalled, export demand shrank the most in six years, and output growth eased. Buying levels slowed, though inventories rose, reflecting limited stockpile reduction. Employment rose but at a weaker pace, while delivery times lengthened the most since June 2020 amid shipping delays and higher fuel costs. Supply constraints lifted backlogs to their highest since July 2018. On inflation, input cost rose the least in a year on softer wage pressures, though fuel and freight costs raised purchasing and selling prices. Sentiment dipped to its lowest since June 2020, as war concerns overshadowed support from government spending.
2026-04-05