Saudi Industrial Output Tumbles Most Since 2021

2026-06-10 06:21 By Czyrill Jean Coloma 1 min. read

Industrial production in Saudi Arabia plunged 19.1% year-on-year in April 2026, slipping further from an upwardly revised 15.8% drop in the previous month.

It marked the steepest annual decline since April 2021, as oil-related activities slumped 27.8%, weighed down by sharp contractions in crude petroleum and natural gas extraction (-29.9%) and in coke and refined petroleum products (-18.7%).

Meanwhile, non-oil activities expanded 2.1%, supported by growth in manufacturing (0.3%), particularly in the manufacture of non-metallic mineral products (5.7%) and basic metals (10.4%).

Output also increased in other economic activities (4.1%), driven by gains in electricity, gas, steam and air-conditioning supply (20.8%) and water supply, sewerage, waste management and remediation activities (8.8%).

On a monthly basis, industrial output fell 6.8%, easing sharply from an upwardly revised 23.8% slump in March.



News Stream
Saudi Industrial Output Tumbles Most Since 2021
Industrial production in Saudi Arabia plunged 19.1% year-on-year in April 2026, slipping further from an upwardly revised 15.8% drop in the previous month. It marked the steepest annual decline since April 2021, as oil-related activities slumped 27.8%, weighed down by sharp contractions in crude petroleum and natural gas extraction (-29.9%) and in coke and refined petroleum products (-18.7%). Meanwhile, non-oil activities expanded 2.1%, supported by growth in manufacturing (0.3%), particularly in the manufacture of non-metallic mineral products (5.7%) and basic metals (10.4%). Output also increased in other economic activities (4.1%), driven by gains in electricity, gas, steam and air-conditioning supply (20.8%) and water supply, sewerage, waste management and remediation activities (8.8%). On a monthly basis, industrial output fell 6.8%, easing sharply from an upwardly revised 23.8% slump in March.
2026-06-10
Saudi Arabia Industrial Output Plunges 14.1% in March
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
2026-05-10
Saudi Arabia Industrial Output Eases in February
Industrial production in Saudi Arabia rose 8.9% year-on-year in February 2026, slowing from a more than three-year high of 10.8% in the previous month. Growth in oil activities moderated (11.5% vs 13.2% in January), weighed down by slower output in coke and refined petroleum products (5.2% vs 13.0%) and in crude petroleum and natural gas extraction (13% vs 13.3%). Non-oil sectors also decelerated (2.4% vs 4.9%), led by manufacturing (2.8% vs 4.2%) and water supply, sewerage, waste management, and remediation services (8.1% vs 11.8%), while electricity, gas, steam, and air-conditioning supply declined (-3.7% vs 10.2%). On a monthly basis, industrial activity fell 0.2%, after a 0.5% drop in the previous month.
2026-04-09