Saudi Arabia’s Non-Oil Sector Growth Reaches Six-Month High

Saudi Arabia’s non-oil private sector experienced its strongest growth in six months, with the Riyad Bank Purchasing Managers’ Index (PMI) reaching 57.8 in September 2025. This marks an increase from 56.4 in August, signaling the fastest improvement in private-sector conditions since March. The PMI reading indicates expansion, as any value above 50.0 suggests growth. The robust performance underscores the Kingdom’s continued success in diversifying its economy away from hydrocarbons under its Vision 2030 blueprint. Business activity and new work inflows accelerated, with new business inflows rising more sharply, supported by both domestic and export orders. The improvement reflects faster output growth and increased demand, highlighting the effectiveness of the Kingdom’s economic diversification strategies.