https://vision2030.ai/tags/business-confidence/Recent content in Business-Confidence on SAUDI VISION 2030 Intelligence PlatformHugoenSat, 18 Apr 2026 00:00:00 +0000https://vision2030.ai/tracker/kpis/pmi-index/Sun, 22 Feb 2026 00:00:00 +0000https://vision2030.ai/tracker/kpis/pmi-index/<h2 id="saudi-arabia-pmi-kpi-tracker">Saudi Arabia PMI KPI Tracker</h2> <p><strong>On Track</strong> — The Saudi Arabia PMI KPI tracker shows sustained non-oil private-sector expansion, with the Riyad Bank/S&amp;P Global PMI holding above the 50.0 expansion threshold for most of the post-2016 period.</p> <h2 id="key-metrics">Key Metrics</h2> <table> <thead> <tr> <th>Metric</th> <th>Value</th> </tr> </thead> <tbody> <tr> <td>PMI (2016 avg.)</td> <td>54.8</td> </tr> <tr> <td>PMI (2019 avg.)</td> <td>56.8</td> </tr> <tr> <td>PMI (2020 low)</td> <td>42.4 (April, COVID)</td> </tr> <tr> <td>PMI (2022 avg.)</td> <td>56.5</td> </tr> <tr> <td>PMI (2023 avg.)</td> <td>57.2</td> </tr> <tr> <td>Latest (2024 avg.)</td> <td>56.8</td> </tr> <tr> <td>Months Above 50 (2021-2024)</td> <td>47 of 48</td> </tr> <tr> <td>Current Output Sub-Index</td> <td>59.2</td> </tr> <tr> <td>Current Employment Sub-Index</td> <td>52.4</td> </tr> </tbody> </table> <h2 id="trend-analysis">Trend Analysis</h2> <p>The Purchasing Managers Index provides one of the most timely and reliable signals of non-oil private sector health in Saudi Arabia. Compiled monthly from surveys of approximately 400 private-sector purchasing managers, the PMI captures real-time sentiment on output, new orders, employment, delivery times, and inventory levels. Saudi Arabia&rsquo;s PMI has been remarkably robust since 2016, averaging approximately 56 over the full period — well above the 50.0 threshold that separates expansion from contraction.</p>