Industrial production in Saudi Arabia plunged 23.5% year-on-year in August 2026, following an upwardly revised 8.3% drop in the previous month. The oil sector slumped 33.66% after an 11.4% drop in July, largely reflecting steeper declines in both the extraction of crude petroleum and natural gas (-35.8% vs. -10.9%) and the output of coke and refined petroleum products (-24.1% vs. -13.6%). However, the decline was partly offset by faster growth in output in other economic activities (5.1% vs 3.4%), with electricity, gas, steam, and air-conditioning supply growing much faster than in July (9.4% vs 4.5%), while water supply, sewerage, waste management, and remediation activities rose more slowly (7.4% vs. 7.8%). The decline was also offset by a rebound in output in non-oil activities (1.2% vs -0.3%), though the manufacturing sector edged down 0.3%. On a monthly basis, industrial output fell 14.0% in August, reversing sharply from a downwardly revised 10.0% increase in July. source: General Authority for Statistics, Saudi Arabia
Industrial Production in Saudi Arabia decreased 23.50 percent in August of 2026 over the same month in the previous year. Industrial Production in Saudi Arabia averaged 1.38 percent from 1963 until 2026, reaching an all time high of 26.70 percent in April of 2022 and a record low of -24.90 percent in December of 1982. This page provides - Saudi Arabia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Industrial Production in Saudi Arabia decreased 23.50 percent in August of 2026 over the same month in the previous year. Industrial Production in Saudi Arabia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Industrial Production is projected to trend around 4.90 percent in 2027 and 4.00 percent in 2028, according to our econometric models.