The latest data from the Riyad Bank Composite Purchasing Managers' Index (PMI) reflects a notable strengthening in Saudi Arabia's non-oil private sector growth for September 2025. The PMI rose to 57.8, up from 56.4 in August 2025, indicating an accelerated expansion of business activities in the Kingdom.
Released on October 5, 2025, this update highlights the continued resilience and growth in Saudi Arabia's economy outside the oil sector. A PMI reading above 50 signals expansion, and the September figures demonstrate a positive trajectory for the country's economic diversification efforts, aligning with the Vision 2030 strategy. This growth underscores strong private sector confidence and ongoing investment initiatives that are driving non-oil expansion.
The improvement in the PMI could be attributed to increased output and new orders, providing a hopeful outlook for the coming months as businesses adapt and thrive in increasingly favorable market conditions. These gains hint at a thriving entrepreneurial landscape and a robust economic future for Saudi Arabia.
