Industrial production in Saudi Arabia slumped 14.1% year-on-year in March 2026, reversing an upwardly revised 15.0% surge in the previous month. Oil activities contracted (-20.0% vs 11.5% in February), weighed down by lower output in coke and refined petroleum products (-11.6% vs 5.2%) and crude petroleum and natural gas extraction (-22.2% vs 13.0%). Non-oil sectors stalled after rising 2.4%, as increases in water supply, sewerage, waste management, and remediation services (1.1% vs 8.1%), along with electricity, gas, steam, and air-conditioning supply (10.1% vs -3.7%), were offset by declines in manufacturing (-4.7% vs 2.8%). On a monthly basis, industrial activity plunged 22.3%, reversing an upwardly revised 3.7% rise in the previous month. source: General Authority for Statistics, Saudi Arabia
Industrial Production in Saudi Arabia increased 8.90 percent in February of 2026 over the same month in the previous year. Industrial Production in Saudi Arabia averaged 2.11 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 May of 2026.
Industrial Production in Saudi Arabia increased 8.90 percent in February of 2026 over the same month in the previous year. Industrial Production in Saudi Arabia is expected to be 6.00 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 3.50 percent in 2027 and 3.00 percent in 2028, according to our econometric models.