The Kingdom of Saudi Arabia’s flag
Saudi Arabia’s non-oil business confidence index (BCI) fell 1.9% month-on-month (MoM) in October 2026, according to the General Authority for Statistics (GASTAT). 
The BCI stood at 55.5 points in September, down 1.08 points from 56.6 points in September.
Despite the decline, the index continued to reflect optimism in the business sector, supported by businesses’ confidence in the stability of economic activity in the Kingdom and continued growth across various sectors, GASTAT said.
GASTAT defines the BCI as a measure of optimism and pessimism about current business conditions and future developments in the non-oil sector, based on surveys covering output, inputs, employment, as well as business development and expansion activities.
Among the key economic sectors, the BCI for the industrial sector fell 0.86 points MoM to 55.42 points, compared with 56.28 points in September, driven by lower confidence levels related to sales and input costs during the month.
Meanwhile, the services sector index declined 1.18 points to 54.23 points, compared with 55.41 points in September, due to lower confidence levels, particularly regarding sales and input costs.
The construction sector index also fell 1.06 points to 56.07 points, compared with 57.13 points in the previous month, driven by lower confidence levels related to sales and input costs.
BCI Based on Economic Activities
Category
Sept. 2026
Oct. 2026
Change
Industry
56.28
55.42
(0.86)
Services
55.41
54.23
(1.18)
Construction
57.13
56.07
(1.06)
Year
56.60
55.52
(1.08)
The Kingdom of Saudi Arabia’s flag
Saudi Arabia’s non-oil business confidence index (BCI) fell 1.9% month-on-month (MoM) in October 2026, according to the General Authority for Statistics (GASTAT).
The BCI stood at 55.5 points in September, down 1.08 points from 56.6 points in September.
Despite the decline, the index continued to reflect optimism in the business sector, supported by businesses’ confidence in the stability of economic activity in the Kingdom and continued growth across various sectors, GASTAT said.
GASTAT defines the BCI as a measure of optimism and pessimism about current business conditions and future developments in the non-oil sector, based on surveys covering output, inputs, employment, as well as business development and expansion activities.
Among the key economic sectors, the BCI for the industrial sector fell 0.86 points MoM to 55.42 points, compared with 56.28 points in September, driven by lower confidence levels related to sales and input costs during the month.
Meanwhile, the services sector index declined 1.18 points to 54.23 points, compared with 55.41 points in September, due to lower confidence levels, particularly regarding sales and input costs.
The construction sector index also fell 1.06 points to 56.07 points, compared with 57.13 points in the previous month, driven by lower confidence levels related to sales and input costs.
BCI Based on Economic Activities
Category
Sept. 2026
Oct. 2026
Change
Industry
56.28
55.42
(0.86)
Services
55.41
54.23
(1.18)
Construction
57.13
56.07
(1.06)
Year
56.60
55.52
(1.08)
