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.



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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.
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