‎Saudi Industrial Production Index declines 18.7% in May

‎Saudi Industrial Production Index declines 18.7% in May ‎Saudi Industrial Production Index declines 18.7% in May

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A manufacturing facility in Saudi Arabia

Saudi Arabia’s Industrial Production Index (IPI) fell 18.7% year-on-year (YoY) in Mayto 87.9 points, from 108.1 points a year earlier, the General Authority for Statistics (GASTAT) said.

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GASTAT attributed the decline to lower output in the mining and quarrying and manufacturing avtivities.

The IPI measures the relative change in production quantities of materials and goods, tracking their transformation from raw materials to final consumable products for economic returns.

The following table shows the development of the index:

Industrial Production Index (IPI)*

Period

IPI (Points)

Change (YoY)

January 2025

103.46

+0.9%

February

103.8

(1.2%)

March

108.08

+3.5%

April

104.94

(0.3%)

May

108.82

+1.5%

June

109.7

+5.8%

July

112.68

+7.7%

August

113.92

+6.9%

September

115.88

+9.1%

October

115.13

+7.6%

November

113.33

+9.3%

December

115.05

+10.3%

January 2026

115.07

+11.2%

February

119.41

+15%

March

91.02

(15.8%)

April

84.86

(19.1%)

May

87.87

(18.7%)

*Updatedaccording to GASTAT data.

The mining and quarrying sub-index fell 28.6% YoY in May. The manufacturing sub-index declined 6.2%, weighed by a 16.7% drop in the manufacture of coke and refined petroleum products and a 4% decline in the manufacture of chemicals and chemical products.

The electricity, gas, steam and air conditioning sub-index declined 1.4% YoY in May, while the water supply, sewerage, waste management and Treatment activities sub-index grew 5.7%.

IPI by Activity

Main Sectors

May 2025

May 2026

Change %

Mining Quarrying

100.73

71.96

(28.6%)

Manufacturing

120.11

112.72

(6.2%)

Electricity, Gas, Steam Air-Conditioning​

116.02

114.37

(1.4%)

Water Supply, Sanitation, Waste Management Treatment Activities

126.9

134.09

5.7%

IPI

108.14

87.87

(18.7%)

 

A manufacturing facility in Saudi Arabia

Saudi Arabia’s Industrial Production Index (IPI) fell 18.7% year-on-year (YoY) in Mayto 87.9 points, from 108.1 points a year earlier, the General Authority for Statistics (GASTAT) said.

GASTAT attributed the decline to lower output in the mining and quarrying and manufacturing avtivities.

The IPI measures the relative change in production quantities of materials and goods, tracking their transformation from raw materials to final consumable products for economic returns.

The following table shows the development of the index:

Industrial Production Index (IPI)*

Period

IPI (Points)

Change (YoY)

January 2025

103.46

+0.9%

February

103.8

(1.2%)

March

108.08

+3.5%

April

104.94

(0.3%)

May

108.82

+1.5%

June

109.7

+5.8%

July

112.68

+7.7%

August

113.92

+6.9%

September

115.88

+9.1%

October

115.13

+7.6%

November

113.33

+9.3%

December

115.05

+10.3%

January 2026

115.07

+11.2%

February

119.41

+15%

March

91.02

(15.8%)

April

84.86

(19.1%)

May

87.87

(18.7%)

*Updatedaccording to GASTAT data.

The mining and quarrying sub-index fell 28.6% YoY in May. The manufacturing sub-index declined 6.2%, weighed by a 16.7% drop in the manufacture of coke and refined petroleum products and a 4% decline in the manufacture of chemicals and chemical products.

The electricity, gas, steam and air conditioning sub-index declined 1.4% YoY in May, while the water supply, sewerage, waste management and Treatment activities sub-index grew 5.7%.

IPI by Activity

Main Sectors

May 2025

May 2026

Change %

Mining Quarrying

100.73

71.96

(28.6%)

Manufacturing

120.11

112.72

(6.2%)

Electricity, Gas, Steam Air-Conditioning​

116.02

114.37

(1.4%)

Water Supply, Sanitation, Waste Management Treatment Activities

126.9

134.09

5.7%

IPI

108.14

87.87

(18.7%)

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