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Manufacturing
Sector

Overview

Manufacturing

In the Manufacturing sector, the real Gross Domestic Product (GDP) increased by 3.3% in first quarter of 2026 compared to the same quarter of the previous year. The seasonally adjusted real GDP increased by 4.2%, while the nominal GDP increased by 6.5% compared to the same quarter of the previous year.

Exports from the Manufacturing sector in 2025 grew by 50.3% compared to the previous year, while imports from the sector grew by 9.3%. As a result, the trade balance was -213.1 billion, 41.4% higher than the previous year.

Manufacturing sector achieved positive growth in the foreign direct investment (FDI) stock at the end of 2024, which amounted to 277.2 billion, compared to the FDI stock of 2023, which was 258.7 billion.

The inflows of FDI in the Manufacturing sector grew by 2.0% in 2024 compared to the previous year, whereas the outflows of FDI showed an increase of 614.8% compared to previous period. Thus, the net flows amounted to 18.4 billion in 2024, while in 2023, it recorded 32.1 billion.

The overall distribution of the employed in the Manufacturing sector reached 8.3% in fourth quarter of 2025, decreased from last quarter by 0.14 percentage points (pp) and decreased from a year ago by 0.79 pp.

For its part, the average weekly working hours was 46.3 hours in the third quarter of 2023, registering an increase of 1.1% compared to the previous period and an increase of 0.9% compared to the same quarter of 2022.

The operating revenues of the sector reached 1.7 trillion in 2024, an increase of 7.3% compared to the previous year. For its part, the operating expenses amounted to 983.9 billion, showing an increase of 9.5% compared to the previous period. As a result, the operating surplus of the Manufacturing sector was 587.0 billion, 3.8% higher than the previous period.

Real Sector Indicators

Gross Domestic Product (GDP)

In the first quarter of 2026, the real Gross Domestic Product (GDP) in Manufacturing amounted to 210.9 billion. Additionally, the nominal GDP recorded a value of 203.2 billion, while the seasonally adjusted real GDP stood at 202.5 billion.

The graph shows the quarterly evolution of the real, nominal and seasonally adjusted real Gross Domestic Product (GDP) in the Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

The Real GDP and Seasonally Adjusted Real GDP are calculated by Gastat using the Chain-Linked Methodology.

Quarterly Evolution of Real, Nominal and Seasonally Adjusted Real GDP in the Manufacturing Sector

Industrial Production Index

In March 2026, the Industrial Production Index in Manufacturing sector decreased 0.7% compared to the previous month. The General Index showed a decreased of 22.2% compared to the previous month.

The graph shows the monthly percentage change in the Industrial Production Index (IPI) in Manufacturing sector and the monthly percentage change in the General Industrial Production Index for comparison.

Note: Sectors have been reclassified as per ISIC 4 standard.

Industrial Production Index in the Manufacturing Sector
(MoM Growth)

Producer Price Index (PPI)

In March 2026, the General Producer Price Index (PPI) stood at 109.0. The PPI for Manufacturing sector was 109.7.

The chart shows the monthly evolution of the Producer Price Index in the Manufacturing sector, with the General Index provided for comparison.

Producer Price Index (PPI) by Section

Monetary

Commercial Bank Credit

During April 2026, the Manufacturing sector secured 199.6 billion in commercial bank credits, lower by 0.2% than the value of the previous month and higher by 6.3% compared to the same month of the previous year.

The graph shows the monthly evolution of commercial bank credits in Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Monthly Evolution of Commercial Bank Credits in the Manufacturing Sector

Finance Companies' Credit to Non-Retail

In 2025, the Manufacturing sector recorded 1.9 billion in finance company credit to non-retail, marking a 3.1% decrease compared to the previous year.

The graph shows the annual evolution of the finance companies' credit to non-retail in the Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Annual Evolution of the Finance Companies' Credit to Non-Retail in the Manufacturing Sector

External Sector & International Trade

Exports and Imports

Exports of the Manufacturing sector reached 673.7 billion in 2025. The primary destinations for these exports were United Arab Emirates ( 157.2 billion), Arab Republic of Egypt ( 47.0 billion), and Republic of India ( 39.0 billion).

The graph shows annual exports of Manufacturing sector by country, measured in trade value.

Exports Value by Country Annually

Trade Balance

In December 2025, the Manufacturing sector recorded exports amounting 84.5 billion and imports totaling 79.0 billion, resulting in a trade balance surplus of 5.5 billion.

The graph shows the monthly evolution of exports and imports in the Manufacturing sector, with the line representing the trade balance.

Monthly Evolution of Exports and Imports in the Manufacturing Sector

Foreign Licenses

In the fourth quarter of 2023, there were 184 registered in the Manufacturing sector, representing a 34.3% increase compared to the previous period.

The graph shows the quarterly trend in the number of foreign licenses obtained by the Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Quarterly Evolution of the Number of Foreign Licenses in the Manufacturing Sector

Finance and Guarantee of Saudi Exports

In 2022, the finance and guarantee of Saudi exports amounted to 3.9 billion, being higher in 171.1% compared to the previous year.

The graph shows the amounts of finance and guarantee of Saudi exports by year in the Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Finance and Guarantee of Saudi Exports by Year in the Manufacturing Sector

FDI Stock

In 2024, the Foreign Direct Investment (FDI) stock reached 277.2 billion, marking an increased of 7.1% compared to the previous year.

The graph shows the annual evolution of the FDI stock in the Manufacturing sector.

Annual Evolution of FDI Stock in the Manufacturing Sector

FDI Flow

In 2024, the Foreign Direct Investment (FDI) Inflow amounted to 35.1 billion, while the FDI Outflow stood at 16.7 billion. Consequently, the FDI Net Inflow was 18.4 billion, reflecting a decreased of 42.6% compared to the previous year.

The graph illustrates the annual progression of FDI Inflow and Outflow in the Manufacturing sector. The line chart represents the FDI Net Inflow.

Note:

FDI inflows: Financial transactions that arise between the FDI institution, direct investors and related companies outside the Saudi economy, which occur during a certain period of time, and form inflows when their positive impact appears in excess of equity and/or debt instruments.

FDI outflows: These are financial transactions that arise between the Foreign Direct Investment Corporation, direct investors, and related companies outside the Saudi economy, and which occur during a certain period of time. They are outflows when their impact appears in a decrease in the side of obligations, such as paid dividends or repayment of loans and credit receivables, or when the foreign shareholder exits.

FDI net inflow: It represents the difference between inflows and outflows of foreign direct investment inflows.

Annual Evolution of FDI Inflow and Outflow in the Manufacturing Sector

Labor Market

Distribution of the Employed

In the fourth quarter of 2025, the percentage distribution of employed people in Manufacturing sector reached 8.3%, with 8.8% for men and 5.4% for women.

The graph shows the quarterly evolution of the percentage distribution of employed people by gender in Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Percentage Distribution of Employed by Gender in the Manufacturing Sector

Working Hours

During the third quarter of 2023, the average hours worked by Saudi men were 43.9, compared to 47.8 hours for non-Saudi men. Likewise, Saudi women averaged 39.7 hours, while non-Saudi women worked an average of 41 hours.

The graph shows the average weekly working hours by gender and nationality in Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Average Weekly Working Hours by Nationality and Gender in the Manufacturing Sector

Social Insurance (GOSI)

During the fourth quarter of 2025, a total of 1,495,921 participants on the job Subject to the rules and regulations of social insurance were registered in the Manufacturing sector, with 89.7% being men (1,341,460 participants) and 10.3% women (154,461 participants).

The graph shows the quarterly evolution of the number of participants on the job Subject to the rules and regulations of social insurance by gender in the Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Number of Participants in the Manufacturing Sector By Gender

On-the-job Subscribers in the Private Sector

In 2022 on-the-job subscribers in the private sector was 168,813 for Saudi men and 785,156 for non-Saudi men. On-the-job subscribers was 82,603 for saudi women and 7,199 for non-Saudi women.

The graph shows on-the-job subscribers in the private sector by gender and nationality in Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

On-the-job Subscribers in the Private Sector by Nationality and Gender in the Manufacturing Sector

Structural Business

Operating Industrial Units

In 2022, the number of operating industrial units was 10,518 units, being 2.2% higher than the previous year.

The graph shows the annual evolution of the number of operating industrial units in Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Annual Evolution of the Number of Operating Industrial Units in the Manufacturing Sector

Economic Establishments

In 2018, there were 108,584 establishments registered in the Manufacturing sector, of which 78.2% had less than 5 employees, 16.5% had between 5 and 19 employees and 5.3% had more than 20 employees.

The graph shows the annual distribution of establishments categorized by size based on the number of employees in the Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Number of Economic Establishments by Size Class in the Manufacturing Sector

Revenues and Expenses

In 2024, the operating revenues reached 1.7 trillion, while operating expenses amounted to 983.9 billion, resulting in an operating surplus of 587.0 billion for the year.

The graph shows the annual evolution of operating expenses and operating revenues, with the line representing the operating surplus each year.

Note: Sectors have been reclassified as per ISIC 4 standard.

Annual Evolution of Operating Expenses and Revenues in the Manufacturing Sector

Net Assets

In 2017 net assets reached an amount of 43.7 billion, being lower in 11.9% compared to the previous year.

The graph shows the annual evolution of net assets in Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Annual Evolution of Net Assets in the Manufacturing Sector

Operating Revenues & Expenses in SMEs

In 2024, the operating revenues reached 42.0 billion in micro establishments, while operating expenses amounted to 13.8 billion, generating a surplus of 21.8 billion.

The graph shows the annual evolution of operating expenses and operating revenues, with the line representing the operating surplus each year in Manufacturing sector for micro establishments.

Note: Sectors have been reclassified as per ISIC 4 standard.

Evolution of Operating Expenses and Revenues in Micro establishments in the Manufacturing Sector

Employee Compensation in SMEs

In 2024, micro enterprises of the Manufacturing sector spent 6.4 billion in employee compensation, while small enterprises spent 10.6 billion and medium-sized enterprises spent 29.3 billion. This amounts to a total of 46.2 billion for the Manufacturing sector.

The graph shows employee compensation by enterprise size over the years in Manufacturing sector.

Note: Sectors have been reclassified as per ISIC 4 standard.

Employee Compensation by Enterprise Size in the Manufacturing Sector

Business Demography

In 2024, the number of active enterprises in Manufacturing sector was 78,031.

The chart shows the number of Active Enterprises in Manufacturing sector by year.

Number of Active Enterprises by Year

Short-Term Business Indicators

In March 2026, the Operating Revenues Index in Manufacturing sector stood at 116.7.

The chart shows the monthly evolution of the Operating Revenues Index in Manufacturing sector.

Trend in the Operating Renenues Index

Digital Economy

Digital Economy Indicators

According to the Digital Economy Survey carried out by the General Authority for Statistics in 2022, in the Manufacturing sector the use of having account on social media platforms (66.8%) and using systems or devices connected to the Internet (61.5%) are highlighted as the most relevant indicators of adoption and use of the digital economy.

The graph shows the percentage of establishments in the Manufacturing sector according to indicators of use and adoption of the digital economy.

Percentage of establishments according to indicators of use and adoption of the digital economy

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