The Kingdom of Saudi Arabia’s flag 
Saudi Arabia’s non-oil Business Confidence Indexdeclined 1.5% month-on-month in February 2026.
The index stood at 60.7 points in February, down from 61.6 points in January, according to data released by the General Authority for Statistics (GASTAT).
GASTAT said the index still reflects prevailing optimism in the business sector, supported by companies’ confidence in the stability of economic activity in Saudi Arabia and continued growth across various sectors.
The authority defined the Business Confidence Indexas an indicator of perceptions and expectations regarding future developments in the non-oil business sector, based on surveys covering output, inputs, employment, and business expansion or development.
Business Confidence Index
Period
Index (point)
MoM Change
January 2025
64.8
+3.7%
February
63.2
(2.5%)
March
61.8
(2.1%)
April
62.7
+1.5%
May
62.5
(0.3%)
June
61.5
(1.7%)
July
61.1
(0.6%)
August
60.8
(0.4%)
September
61.7
+1.5%
October
61.1
(1.1%)
November
60.7
(0.6%)
December
62.0
+2.2%
January 2026
61.6
(0.6%)
February
60.7
(1.5%)
On key economic sectors, the Business Confidence Index in the industrial sector fell 2.2% MoM to 60.4 points.
The services sector index also declined 0.5% to 61.1 points, while the construction sector index dropped 1.6%.
Business Confidence Index by Sector
Key Sector
January 2026
February 2026
Change
Industrial
61.7
60.4
(2.2%)
Services
61.3
61.1
(0.5%)
Construction
61.6
60.6
(1.6%)
General
61.6
60.7
(1.5%)
The Kingdom of Saudi Arabia’s flag
Saudi Arabia’s non-oil Business Confidence Indexdeclined 1.5% month-on-month in February 2026.
The index stood at 60.7 points in February, down from 61.6 points in January, according to data released by the General Authority for Statistics (GASTAT).
GASTAT said the index still reflects prevailing optimism in the business sector, supported by companies’ confidence in the stability of economic activity in Saudi Arabia and continued growth across various sectors.
The authority defined the Business Confidence Indexas an indicator of perceptions and expectations regarding future developments in the non-oil business sector, based on surveys covering output, inputs, employment, and business expansion or development.
Business Confidence Index
Period
Index (point)
MoM Change
January 2025
64.8
+3.7%
February
63.2
(2.5%)
March
61.8
(2.1%)
April
62.7
+1.5%
May
62.5
(0.3%)
June
61.5
(1.7%)
July
61.1
(0.6%)
August
60.8
(0.4%)
September
61.7
+1.5%
October
61.1
(1.1%)
November
60.7
(0.6%)
December
62.0
+2.2%
January 2026
61.6
(0.6%)
February
60.7
(1.5%)
On key economic sectors, the Business Confidence Index in the industrial sector fell 2.2% MoM to 60.4 points.
The services sector index also declined 0.5% to 61.1 points, while the construction sector index dropped 1.6%.
Business Confidence Index by Sector
Key Sector
January 2026
February 2026
Change
Industrial
61.7
60.4
(2.2%)
Services
61.3
61.1
(0.5%)
Construction
61.6
60.6
(1.6%)
General
61.6
60.7
(1.5%)
