GASTAT publishes the Construction Cost Index in the Kingdom for June 2025
24-07-2025
The General Authority for Statistics (GASTAT) announced the release of the Construction Cost Index Publication in the Kingdom of Saudi Arabia, as part of its ongoing efforts to develop statistical products for vital sectors and to provide a reliable and effective reference with accurate estimates. This is based on a comprehensive analysis of raw material prices, labor wages, equipment and machinery rental costs, and energy costs. The publication also aims to unify estimates across various sectors to support decision-making by contractors, real estate developers, and relevant entities, and to contribute to shaping a clear roadmap for residential and non-residential construction projects within the building and construction sector.
In the same context, the results of the Construction Cost Index survey on a monthly basis showed price stability in June 2025 compared to May 2025. The costs of basic materials recorded a decline of 0.1%, driven by a 0.4% decrease in metal product prices.
According to the publication (June 2025), the Construction Cost Index increased by 1.1% compared to June 2024, influenced by a 1.2% rise in residential construction costs and a 1.0% increase in non-residential construction costs. This increase was mainly due to a 2.5% rise in equipment and machinery rental prices, and a 9.9% increase in energy costs, driven by a 27.3% surge in diesel fuel prices. Labor wages also rose by 2.4%, while the prices of basic materials declined by 0.7%. On a monthly basis, the index remained stable compared to May 2025.
It is worth noting that the Construction Cost Index Publication will be issued on a monthly basis. The index can be accessed through the official website of the General Authority for Statistics, which provides analytical reports and updated charts that enable decision-makers to track market changes and review publications, figures, and statistical indicators related to this sector.
GASTAT signs MoC with Project Management Institute in the Kingdom
21-07-2025
The General Authority for Statistics (GASTAT) has signed a Memorandum of Cooperation (MoC) with the Project Management Institute (PMI) in Saudi Arabia. Representing GASTAT, the MoC was signed by Mr. Rami bin Ahmed Ghurab, General Supervisor of Data and Partnerships and, Dr. Ibtisam Alqahtani, Vice President, represented PMI.
The MoC aims to enhance collaboration between the two entities, coordinate efforts in their respective fields, establish a general framework for joint activities and tasks, develop their institutional capabilities, and improve the efficiency and qualification of project management professionals through courses and training programs. Additionally, it seeks to foster integration between both parties to achieve their mutual objectives.
This initiative is part of GASTAT's efforts to strengthen its cooperation with various public and private sector institutions and entities. It also seeks to raise statistical awareness through effective local, regional, and international partnerships, keeping pace with current demands and realizing the future aspirations of the statistical sector.
GASTAT: Inflation rate in Saudi Arabia remains stable at 2.3% in June 2025
15-07-2025
The annual inflation rate in the Kingdom of Saudi Arabia recorded relative stability at 2.3% in June 2025 compared to the same month of the previous year. The Consumer Price Index (CPI) also remained stable at 0.2% in June 2025 compared to May 2025 on a monthly basis.
In the same context, the Wholesale Price Index (WPI) recorded relative stability at 2.1% year-on-year, while it declined by 0.1% compared to May2025.
It is worth noting that the Consumer Price Index (CPI) reflects changes in consumer prices for a fixed basket of goods and services consisting of 490 items. The selection was based on the 2018 Household Expenditure and Income Survey. Price data was gathered through field visits to retail outlets, and CPI statistics were published monthly in the Kingdom
Under the patronage of H.E. Minister of Economy and Planning GASTAT celebrates 65 years of statistical progress
14-07-2025
Under the patronage of His Excellency the Minister of Economy and Planning, Chairman of GASTAT’s Board of Directors, Mr. Faisal Alibrahim, GASTAT organized a celebration at its new headquarters in Riyadh to mark 65 years since the launch of official statistical work in the Kingdom. The event was attended by GASTAT’s President, Dr. Fahad Aldossari, along with a number of GASTAT’s leaders and employees.
This celebration comes as an extension of a national journey of statistical work that began in 1960 with the issuance of Royal Decree No. (23), which established the official statistical body in the Kingdom. This body later evolved into an independent authority that serves as the only official statistical reference for implementing, supervising, and regulating statistical work.
In a speech delivered during the celebration, His Excellency the Minister emphasized that this occasion represents a documentation of a national journey that has made statistics a central element in decision-making, guiding public policies, tracking progress, measuring performance, and evaluating the impact of national targets.
His Excellency explained that GASTAT is entering a new stage, where statistics play a key role in the national transformation taking place across all levels in the Kingdom. This aligns with the ambitious national targets of Saudi Vision 2030, which has linked the performance measurement of various sectors to data and statistical indicators.
For his part, GASTAT’s President, Dr. Fahad Aldosaari, expressed his appreciation for the Minister’s patronage of the celebration, affirming that this occasion embodies the trust in the fundamental value of statistical work and the continuous support from the wise leadership. He added, “The statistical achievements realized to date would not have been possible without the support of the Kingdom's leadership, which is aware of the importance of this sector. They also wouldn't have been possible without the integrated efforts among government entities and the cooperation of society-both individuals and institutions-in providing GASTAT with data. He noted that in 2023, the Kingdom led Arab countries in the Statistical Performance Index and advanced 22 ranks globally. This achievement significantly strengthened the Kingdom's international standing, enabling it to host global statistical events, such as the sixth edition of the United Nations World Data Forum, which the Kingdom successfully bid to organize in 2026. Furthermore, it was elected as a member of the High-Level Group for the 2030 Agenda for Sustainable Development in Statistics.
It is worth noting that statistical work in the kingdom began at an early stage in 1930 with the issuance of the imports and exports statistics system. It later became an organized activity with legal, administrative, and technical foundations established by the General Statistics Law issued by Royal Decree No. (23) dated 07/12/1379 AH (corresponding to 01/06/1960), aiming to activate and enhance the impact of statistical work. In its early stages, it relied on limited field surveys. The department was later transformed into a "General Authority" in 1436 H (2016) by a Royal Decree, becoming an independent entity with legal personality and financial and administrative autonomy, and was entrusted with leading, organizing, and managing the statistical sector in the Kingdom.
GASTAT publishes the Construction Cost Index in the Kingdom for June 2025
24-07-2025
The General Authority for Statistics (GASTAT) announced the release of the Construction Cost Index Publication in the Kingdom of Saudi Arabia, as part of its ongoing efforts to develop statistical products for vital sectors and to provide a reliable and effective reference with accurate estimates. This is based on a comprehensive analysis of raw material prices, labor wages, equipment and machinery rental costs, and energy costs. The publication also aims to unify estimates across various sectors to support decision-making by contractors, real estate developers, and relevant entities, and to contribute to shaping a clear roadmap for residential and non-residential construction projects within the building and construction sector.
In the same context, the results of the Construction Cost Index survey on a monthly basis showed price stability in June 2025 compared to May 2025. The costs of basic materials recorded a decline of 0.1%, driven by a 0.4% decrease in metal product prices.
According to the publication (June 2025), the Construction Cost Index increased by 1.1% compared to June 2024, influenced by a 1.2% rise in residential construction costs and a 1.0% increase in non-residential construction costs. This increase was mainly due to a 2.5% rise in equipment and machinery rental prices, and a 9.9% increase in energy costs, driven by a 27.3% surge in diesel fuel prices. Labor wages also rose by 2.4%, while the prices of basic materials declined by 0.7%. On a monthly basis, the index remained stable compared to May 2025.
It is worth noting that the Construction Cost Index Publication will be issued on a monthly basis. The index can be accessed through the official website of the General Authority for Statistics, which provides analytical reports and updated charts that enable decision-makers to track market changes and review publications, figures, and statistical indicators related to this sector.
GASTAT signs MoC with Project Management Institute in the Kingdom
21-07-2025
The General Authority for Statistics (GASTAT) has signed a Memorandum of Cooperation (MoC) with the Project Management Institute (PMI) in Saudi Arabia. Representing GASTAT, the MoC was signed by Mr. Rami bin Ahmed Ghurab, General Supervisor of Data and Partnerships and, Dr. Ibtisam Alqahtani, Vice President, represented PMI.
The MoC aims to enhance collaboration between the two entities, coordinate efforts in their respective fields, establish a general framework for joint activities and tasks, develop their institutional capabilities, and improve the efficiency and qualification of project management professionals through courses and training programs. Additionally, it seeks to foster integration between both parties to achieve their mutual objectives.
This initiative is part of GASTAT's efforts to strengthen its cooperation with various public and private sector institutions and entities. It also seeks to raise statistical awareness through effective local, regional, and international partnerships, keeping pace with current demands and realizing the future aspirations of the statistical sector.
GASTAT: Inflation rate in Saudi Arabia remains stable at 2.3% in June 2025
15-07-2025
The annual inflation rate in the Kingdom of Saudi Arabia recorded relative stability at 2.3% in June 2025 compared to the same month of the previous year. The Consumer Price Index (CPI) also remained stable at 0.2% in June 2025 compared to May 2025 on a monthly basis.
In the same context, the Wholesale Price Index (WPI) recorded relative stability at 2.1% year-on-year, while it declined by 0.1% compared to May2025.
It is worth noting that the Consumer Price Index (CPI) reflects changes in consumer prices for a fixed basket of goods and services consisting of 490 items. The selection was based on the 2018 Household Expenditure and Income Survey. Price data was gathered through field visits to retail outlets, and CPI statistics were published monthly in the Kingdom
Under the patronage of H.E. Minister of Economy and Planning GASTAT celebrates 65 years of statistical progress
14-07-2025
Under the patronage of His Excellency the Minister of Economy and Planning, Chairman of GASTAT’s Board of Directors, Mr. Faisal Alibrahim, GASTAT organized a celebration at its new headquarters in Riyadh to mark 65 years since the launch of official statistical work in the Kingdom. The event was attended by GASTAT’s President, Dr. Fahad Aldossari, along with a number of GASTAT’s leaders and employees.
This celebration comes as an extension of a national journey of statistical work that began in 1960 with the issuance of Royal Decree No. (23), which established the official statistical body in the Kingdom. This body later evolved into an independent authority that serves as the only official statistical reference for implementing, supervising, and regulating statistical work.
In a speech delivered during the celebration, His Excellency the Minister emphasized that this occasion represents a documentation of a national journey that has made statistics a central element in decision-making, guiding public policies, tracking progress, measuring performance, and evaluating the impact of national targets.
His Excellency explained that GASTAT is entering a new stage, where statistics play a key role in the national transformation taking place across all levels in the Kingdom. This aligns with the ambitious national targets of Saudi Vision 2030, which has linked the performance measurement of various sectors to data and statistical indicators.
For his part, GASTAT’s President, Dr. Fahad Aldosaari, expressed his appreciation for the Minister’s patronage of the celebration, affirming that this occasion embodies the trust in the fundamental value of statistical work and the continuous support from the wise leadership. He added, “The statistical achievements realized to date would not have been possible without the support of the Kingdom's leadership, which is aware of the importance of this sector. They also wouldn't have been possible without the integrated efforts among government entities and the cooperation of society-both individuals and institutions-in providing GASTAT with data. He noted that in 2023, the Kingdom led Arab countries in the Statistical Performance Index and advanced 22 ranks globally. This achievement significantly strengthened the Kingdom's international standing, enabling it to host global statistical events, such as the sixth edition of the United Nations World Data Forum, which the Kingdom successfully bid to organize in 2026. Furthermore, it was elected as a member of the High-Level Group for the 2030 Agenda for Sustainable Development in Statistics.
It is worth noting that statistical work in the kingdom began at an early stage in 1930 with the issuance of the imports and exports statistics system. It later became an organized activity with legal, administrative, and technical foundations established by the General Statistics Law issued by Royal Decree No. (23) dated 07/12/1379 AH (corresponding to 01/06/1960), aiming to activate and enhance the impact of statistical work. In its early stages, it relied on limited field surveys. The department was later transformed into a "General Authority" in 1436 H (2016) by a Royal Decree, becoming an independent entity with legal personality and financial and administrative autonomy, and was entrusted with leading, organizing, and managing the statistical sector in the Kingdom.