Manufacturing Production in Saudi Arabia decreased 22.30 percent in June of 2020 over the same month in the previous year.
Manufacturing Production in Saudi Arabia averaged -5.35 percent from 2016 until 2020, reaching an all time high of 21.50 percent in September of 2017 and a record low of -32.10 percent in April of 2020. This page provides - Saudi Arabia Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Manufacturing Production - values, historical data and charts - was last updated on September of 2020. source: Central Department of Statistics and Information
Manufacturing Production in Saudi Arabia is expected to be -15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Saudi Arabia to stand at 9.50 in 12 months time. In the long-term, the Saudi Arabia Manufacturing Production is projected to trend around 10.50 percent in 2021, according to our econometric models.