Saudi Arabia's non-oil private sector continued to grow in July 2026, with the Purchasing Managers' Index (PMI) registering 53.1 points, A reading above the 50-point threshold signals expansion, confirming that business activity across the Kingdom's non-oil economy remained on an upward path.
The July figure marks a slight decline from 53.3 points recorded in June 2026, yet it still represents the fourth consecutive month of expansion for the sector. The steady run above 50 points points to sustained momentum in output and demand outside the oil industry.
The index is compiled from survey responses of purchasing managers at around 400 private-sector companies operating across the non-oil economy. It tracks several core measures, including output, new orders, employment, suppliers' delivery times, and stocks of purchases, offering a broad snapshot of how businesses are performing month to month.
Why it matters
For residents, expats, and business owners in Riyadh, Jeddah, and beyond, a PMI above 50 reflects a healthy operating environment for the private sector. Continued expansion typically supports hiring, new orders, and business confidence — factors that shape everyday economic activity and job opportunities across the community.
The PMI is an economic indicator rather than a government service, so it carries no application fees, official channels, or prices. It simply offers a reliable read on the direction of non-oil business activity, a key focus area under the Kingdom's ongoing economic diversification efforts.
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