Saudi Arabia's Business Confidence Index Rises to 56.6 Points in June
Data from the General Authority for Statistics showed an increase in Saudi Arabia's business confidence index in June 2026, with optimism in industrial, construction, and service sectors.
Translated by Qiyas from الجريدة — Original source
The Saudi Business Confidence Index recorded a level of 56.6 points in June 2026, rising by one point compared to May 2026, when it stood at 55.6 points.
According to data released by the General Authority for Statistics on Thursday, the rise in the index reflects prevailing optimism in the business sector, bolstered by enterprises’ confidence in the stability of economic activity and continued growth across various sectors.
At the sectoral level, the Business Confidence Index for the industrial sector reached an optimistic level of 55.0 points in June 2026, marking an increase of 0.7 points compared to May 2026, when it was 54.3 points.
This level is attributed to growing confidence among industrial enterprises, particularly regarding expectations for overall performance, sales, and purchase orders.
Saudi Arabia’s non-oil private sector accelerated its growth in June, with the construction sector recording an optimistic Business Confidence Index level of 57.8 points in June 2026, up by 1.1 points from May 2026, when it stood at 56.7 points. This was driven by heightened optimism among enterprises, especially concerning expectations for overall performance, sales, and purchase orders.
The Business Confidence Index for the services sector rose to 55.5 points in June 2026, an increase of 0.9 points compared to May 2026, when it was 54.6 points. This rise was supported by increased optimism among enterprises, particularly regarding expectations for overall performance, sales, and employment.
The overall Business Confidence Index recorded a level of 55.6 points in June 2026, representing an increase of 1.1 points over the previous month, May 2026.
