Saudi Arabia Non-Oil Private Sector PMI  2011-2017 | Data | Chart

Saudi Arabia Non-Oil Private Sector PMI rose to 56.7 in January of 2017 from 55.5 in December. The reading pointed to the highest since August 2015, as output expanded at the strongest pace in 17 months while new orders rose the most in 14 months amid improving business sentiment. Also, new export orders increased markedly as firms offered internationally competitive prices. Despite a further increase in backlogs of work, firms added to their workforce numbers only marginally. Some firms passed on higher cost burdens to clients in the form of greater selling prices. Manufacturing PMI in Saudi Arabia averaged 57.55 from 2011 until 2017, reaching an all time high of 61.80 in September of 2014 and a record low of 53.20 in October of 2016. Manufacturing PMI in Saudi Arabia is reported by Markit Economics.

Saudi Arabia Non-Oil Private Sector PMI
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Saudi Arabia Business Last Previous Highest Lowest Unit
Business Confidence 3.00 -12.00 63.00 -12.00 [+]
Manufacturing PMI 56.70 55.50 61.80 53.20 [+]
Industrial Production 2.70 0.20 25.87 -24.93 percent [+]
Changes in Inventories 44978.00 35360.00 59525.00 -22659.00 SAR Million [+]
Competitiveness Index 4.84 5.07 5.19 4.54 Points [+]
Competitiveness Rank 29.00 25.00 35.00 17.00 [+]
Ease of Doing Business 94.00 96.00 96.00 10.00 [+]
Corruption Index 46.00 52.00 52.00 33.00 Points [+]
Corruption Rank 62.00 48.00 80.00 46.00 [+]
Steel Production 445.00 496.00 558.00 7.00 Thousand Tonnes [+]



Saudi Arabia Non-Oil Private Sector PMI Notes

In Saudi Arabia, the Emirates NBD Saudi Arabia Purchasing Managers’ Index measures the performance of companies in non-oil private sector and is derived from a survey of 400 companies, including manufacturing, services, construction and retail. The Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the non-oil private sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Saudi Arabia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Saudi Arabia Non-Oil Private Sector PMI - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
56.70 55.50 61.80 53.20 2011 - 2017 Monthly
SA



Last
Australia 51.20 Jan/17
Austria 57.30 Jan/17
Brazil 44.00 Jan/17
Canada 53.50 Jan/17
China 51.00 Jan/17
Czech Republic 55.70 Jan/17
Denmark 59.90 Jan/17
Egypt 43.30 Jan/17
Euro Area 55.50 Feb/17
France 52.30 Feb/17
Germany 57.00 Feb/17
Greece 46.60 Jan/17
Hong Kong 49.90 Jan/17
Hungary 56.50 Jan/17
India 50.40 Jan/17
Indonesia 50.40 Jan/17
Ireland 55.50 Jan/17
Israel 62.60 Jan/17
Italy 53.00 Jan/17
Japan 53.50 Feb/17
Kenya 52.00 Jan/17
Lebanon 47.70 Jan/17
Malaysia 48.60 Jan/17
Mexico 50.80 Jan/17
Myanmar 51.70 Jan/17
Netherlands 56.50 Jan/17
New Zealand 51.60 Jan/17
Nigeria 48.20 Jan/17
Norway 51.40 Jan/17
Philippines 52.70 Jan/17
Poland 54.80 Jan/17
Puerto Rico 46.10 Dec/16
Russia 54.70 Jan/17
Saudi Arabia 56.70 Jan/17
Singapore 51.00 Jan/17
South Africa 50.90 Jan/17
South Korea 49.00 Jan/17
Spain 55.60 Jan/17
Sri Lanka 56.20 Jan/17
Sweden 62.00 Jan/17
Switzerland 54.60 Jan/17
Taiwan 55.60 Jan/17
Thailand 50.60 Jan/17
Turkey 48.70 Jan/17
United Arab Emirates 55.30 Jan/17
United Kingdom 55.90 Jan/17
United States 55.00 Jan/17
Vietnam 51.90 Jan/17
World 50.90 Jan/16