Saudi Arabia: Purchasing Managers Index (PMI), manufacturing

* indicates monthly or quarterly data series
 Saudi Arabia

Purchasing Managers Index (PMI), manufacturing

 Latest value 57
 Reference April 2024
 Measure index points
 Data availability May 2018 - April 2024
 Average 55.5
 Min - Max 42.4 - 59.8
 Source Markit Economics
For that indicator, we provide data for Saudi Arabia from May 2018 to April 2024. The average value for Saudi Arabia during that period was 55.5 index points with a minimum of 42.4 index points in March 2020 and a maximum of 59.8 index points in February 2023. Click on the following link to see the values of Purchasing Managers Index (PMI), manufacturing around the world.
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* indicates monthly or quarterly data series

Recent values chart
Saudi Arabia - Purchasing Managers Index (PMI), manufacturing - recent values

Historical chart
Saudi Arabia - Purchasing Managers Index (PMI), manufacturing - historical chart - 2018-2024
Measure: index points
Source: Markit Economics

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Definition: The manufacturing Purchasing Managers Index (PMI) is an indicator of economic health for the manufacturing sector. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing sector is based on questionnaire responses that cover the following economic variables: output, new orders, new export orders, backlogs of work, output prices, input prices, suppliers’ delivery times, stocks of finished goods, quantity of purchases, stocks of purchases, employment, future output. The manufacturing PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.

 Related indicators Latest value Reference Measure
 Industrial production -11.20 9/2023 percent
 Consumer confidence survey 122.00 Q3/2021 points
 Purchasing Managers Index (PMI), manufacturing 57.20 9/2023 index points
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