Saudi Arabia Non-Oil Private Sector PMI  Forecast


Manufacturing PMI in Saudi Arabia is expected to be 56.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Saudi Arabia to stand at 56.84 in 12 months time. In the long-term, the Saudi Arabia Non-Oil Private Sector PMI is projected to trend around 57.00 in 2020, according to our econometric models.


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Saudi Arabia Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 3 7 15 20 30 55
Manufacturing PMI 55.5 56.2 56.8 55.4 56.84 57
Industrial Production 2.5 2 4 4 4 8
Changes in Inventories 45503 20000 61000 34000 37507 10000
Competitiveness Index 4.83 4.8 5 5 4.74 5.4
Competitiveness Rank 30 29 27 27 29 21
Ease of Doing Business 94 92 90 90 74 83
Corruption Index 46 50 54 54 40 56
Corruption Rank 62 55 50 50 75 44
Steel Production 485 540 530 490 406 580