The Kingdom of Saudi Arabia’s flag
The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI), formerly SP Global Saudi Arabia PMI, rose to 57.2 points in June. 
Business conditions in the Kingdom’s non-oil private sector improved as customer demand and output growth increased. The rise in new business volumes led to a faster pace of hiring activity, resulting in the highest increase in employment levels since May 2011- a 14-year high.
Non-oil companies reported another rise in new orders last month, with growth continuing to accelerate after hitting a recent low in April.
Many of the surveyed firms attributed this improvement to the acquisition of new clients, better marketing strategies, and improved demand conditions. Domestic sales were the primary driver of this growth, while foreign sales saw only a marginal uptick.
The stronger demand contributed to a further expansion in output at the end of Q2 2025. However, the business activity growth slowed slightly, reaching a 10-month low.
Purchasing activity rose significantly, as companies sought to secure more input materials to meet new orders. The rate of purchasing growth was the fastest in two years.
Saudi Arabia PMI since 2023*
Month
Index (Points)
Change (Points)
Change (%)
Jan. 2023
58.2
+1.3
+2.3%
February
59.8
+1.6
+2.7%
March
58.7
(1.1)
(1.8%)
April
59.6
+0.9
+1.5%
May
58.5
(1.1)
(1.8%)
June
59.6
+1.1
+1.9%
July
57.7
(1.9)
(3.2%)
August
56.6
(1.1)
(1.9%)
September
57.2
+0.6
+1.1%
October
58.4
+1.2
+2.1%
November
57.5
(0.9)
(1.5%)
December
57.5
—
—
Jan. 2024
55.4
(2.1)
(3.7%)
February
57.2
+1.8
+3.2%
March
57.0
(0.2)
(0.3%)
April
57.0
—
—
May
56.4
(0.6)
(1.1%)
June
55.0
(1.4)
(2.5%)
July
54.4
(0.6)
(1.1%)
August
54.8
+0.4
+0.7%
September
56.3
+1.5
+2.7%
October
56.9
+0.6
+1.1%
November
59.0
+2.1
+3.7%
December
58.4
(0.6)
(1.0%)
January 2025
60.5
+2.1
+3.6%
February
58.4
(2.1)
(3.5%)
March
58.1
(0.3)
(0.5%)
April
55.6
(2.5)
(4.3%)
May
55.8
+0.2
+0.4%
June
57.2
+1.4%
+2.5%
The PMI is a weighted average of the following five indices:
Riyad Bank PMI Details
Sub-index
Percentage (%)
New orders
30%
Production
25%
Employment
20%
Suppliers’ delivery times
15%
Stocks of purchases
10%
Total
100%
The Kingdom of Saudi Arabia’s flag
The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI), formerly SP Global Saudi Arabia PMI, rose to 57.2 points in June.
Business conditions in the Kingdom’s non-oil private sector improved as customer demand and output growth increased. The rise in new business volumes led to a faster pace of hiring activity, resulting in the highest increase in employment levels since May 2011- a 14-year high.
Non-oil companies reported another rise in new orders last month, with growth continuing to accelerate after hitting a recent low in April.
Many of the surveyed firms attributed this improvement to the acquisition of new clients, better marketing strategies, and improved demand conditions. Domestic sales were the primary driver of this growth, while foreign sales saw only a marginal uptick.
The stronger demand contributed to a further expansion in output at the end of Q2 2025. However, the business activity growth slowed slightly, reaching a 10-month low.
Purchasing activity rose significantly, as companies sought to secure more input materials to meet new orders. The rate of purchasing growth was the fastest in two years.
Saudi Arabia PMI since 2023*
Month
Index (Points)
Change (Points)
Change (%)
Jan. 2023
58.2
+1.3
+2.3%
February
59.8
+1.6
+2.7%
March
58.7
(1.1)
(1.8%)
April
59.6
+0.9
+1.5%
May
58.5
(1.1)
(1.8%)
June
59.6
+1.1
+1.9%
July
57.7
(1.9)
(3.2%)
August
56.6
(1.1)
(1.9%)
September
57.2
+0.6
+1.1%
October
58.4
+1.2
+2.1%
November
57.5
(0.9)
(1.5%)
December
57.5
—
—
Jan. 2024
55.4
(2.1)
(3.7%)
February
57.2
+1.8
+3.2%
March
57.0
(0.2)
(0.3%)
April
57.0
—
—
May
56.4
(0.6)
(1.1%)
June
55.0
(1.4)
(2.5%)
July
54.4
(0.6)
(1.1%)
August
54.8
+0.4
+0.7%
September
56.3
+1.5
+2.7%
October
56.9
+0.6
+1.1%
November
59.0
+2.1
+3.7%
December
58.4
(0.6)
(1.0%)
January 2025
60.5
+2.1
+3.6%
February
58.4
(2.1)
(3.5%)
March
58.1
(0.3)
(0.5%)
April
55.6
(2.5)
(4.3%)
May
55.8
+0.2
+0.4%
June
57.2
+1.4%
+2.5%
The PMI is a weighted average of the following five indices:
Riyad Bank PMI Details
Sub-index
Percentage (%)
New orders
30%
Production
25%
Employment
20%
Suppliers’ delivery times
15%
Stocks of purchases
10%
Total
100%
