Saudi Arabia’s Industrial Production Index (IPI) jumped 10.4% to 114.4 points in January 2026 (base year 2021), from 103.6 points a year earlier, according to data released by the General Authority for Statistics (GASTAT). 
IPI is one of the key economic indicators used to assess economic performance and monitor changes in domestic product prices at the producer level, according to GATSAT.
The index aims to measure price changes in locally produced goods and services over specific periods, whichhelps analyzeinflation or deflation trends in various productive activities.
Industrial Production Index (IPI)*
Period
Points
YoY Change
January 2024
102.58
(9.4%)
February
105.06
(6.3%)
March
104.45
(8.8%)
April
105.27
(6.4%)
May
107.26
(2.0%)
June
103.69
(5.8%)
July
104.66
+0.1%
August
106.57
+2.5%
September
106.25
+0.3%
October
106.99
+5.1%
November
103.64
+3.3%
December
104.32
+2.2%
January 2025
103.58
+1.0%
February
105.27
+0.2%
March
108.22
+3.6%
April
105.53
+0.2%
May
108.82
+1.5%
June
110.17
+6.2%
July
112.68
+7.7%
August
113.92
+6.9%
September
116.38
+9.5%
October
115.13
+7.6%
November
113.62
+9.6%
December
114.91
+10.2%
January 2026
114.36
+10.4%
The mining and quarrying sub-index saw a rise of 13.3% year-on-year (YoY), backed by an increase in the Kingdom’s oil output to 10.1 million barrels per day (bpd), compared to 8.9 million bpd in 2025.
The manufacturing sub-index advanced 6.8% YoY, thanks to a 9.1% jump in coke and refined petroleum product manufacturing, as well as a 10.6% rise in the production of chemicals and chemical products.
IPI by Activity
Sub-Index
January 2025
January 2026
Change
Mining and Quarrying
97.8
110.8
+13.3%
Manufacturing
114.8
122.6
+6.8%
Electricity, Gas, and Steam Supplies Air-Conditioning
85.4
84.3
(1.3%)
Water Supply, Sanitation, Waste Management Treatment Activities
122.8
137.2
+ 11.7 %
IPI
103.6
114.4
+ 10.4 %
Saudi Arabia’s Industrial Production Index (IPI) jumped 10.4% to 114.4 points in January 2026 (base year 2021), from 103.6 points a year earlier, according to data released by the General Authority for Statistics (GASTAT).
IPI is one of the key economic indicators used to assess economic performance and monitor changes in domestic product prices at the producer level, according to GATSAT.
The index aims to measure price changes in locally produced goods and services over specific periods, whichhelps analyzeinflation or deflation trends in various productive activities.
Industrial Production Index (IPI)*
Period
Points
YoY Change
January 2024
102.58
(9.4%)
February
105.06
(6.3%)
March
104.45
(8.8%)
April
105.27
(6.4%)
May
107.26
(2.0%)
June
103.69
(5.8%)
July
104.66
+0.1%
August
106.57
+2.5%
September
106.25
+0.3%
October
106.99
+5.1%
November
103.64
+3.3%
December
104.32
+2.2%
January 2025
103.58
+1.0%
February
105.27
+0.2%
March
108.22
+3.6%
April
105.53
+0.2%
May
108.82
+1.5%
June
110.17
+6.2%
July
112.68
+7.7%
August
113.92
+6.9%
September
116.38
+9.5%
October
115.13
+7.6%
November
113.62
+9.6%
December
114.91
+10.2%
January 2026
114.36
+10.4%
The mining and quarrying sub-index saw a rise of 13.3% year-on-year (YoY), backed by an increase in the Kingdom’s oil output to 10.1 million barrels per day (bpd), compared to 8.9 million bpd in 2025.
The manufacturing sub-index advanced 6.8% YoY, thanks to a 9.1% jump in coke and refined petroleum product manufacturing, as well as a 10.6% rise in the production of chemicals and chemical products.
IPI by Activity
Sub-Index
January 2025
January 2026
Change
Mining and Quarrying
97.8
110.8
+13.3%
Manufacturing
114.8
122.6
+6.8%
Electricity, Gas, and Steam Supplies Air-Conditioning
85.4
84.3
(1.3%)
Water Supply, Sanitation, Waste Management Treatment Activities
122.8
137.2
+ 11.7 %
IPI
103.6
114.4
+ 10.4 %
