Industrial production in Saudi Arabia increased 20.8% year-on-year in June of 2022, the smallest double-digit increase in five months, but still showing a strong growth in industrial output. Mining and quarrying rose by 19.2% as Saudi Arabia increased its oil production by more than 10 million barrels per day in June. Meanwhile, manufacturing went up by 29.3% while electricity and gas supplies shrank 1.2%. Compared to the previous month, industrial production jumped 1%. source: Central Department of Statistics and Information

Industrial Production in Saudi Arabia averaged 2.24 percent from 1963 until 2022, 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 August of 2022.

Industrial Production in Saudi Arabia is expected to be 3.80 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 4.00 percent in 2023 and 3.00 percent in 2024, according to our econometric models.

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Saudi Arabia Industrial Production



Related Last Previous Unit Reference
Industrial Production 20.80 24.00 percent Jun 2022
Mining Production 19.20 23.30 percent Jun 2022
Manufacturing Production 29.30 28.80 percent Jun 2022
Industrial Production Mom 1.00 1.20 percent Jun 2022

Saudi Arabia Industrial Production
In Saudi Arabia, industrial production measures the output of businesses integrated into the industrial sector of the economy such as manufacturing, mining, and utilities. Mining and quarrying account for almost 75% of total production followed by manufacturing (22 percent) and electricity and gas (3 percent).
Actual Previous Highest Lowest Dates Unit Frequency
20.80 24.00 26.70 -24.90 1963 - 2022 percent Monthly

News Stream
Saudi Arabia Industrial Output Growth Remains Strong
Industrial production in Saudi Arabia increased 20.8% year-on-year in June of 2022, the smallest double-digit increase in five months, but still showing a strong growth in industrial output. Mining and quarrying rose by 19.2% as Saudi Arabia increased its oil production by more than 10 million barrels per day in June. Meanwhile, manufacturing went up by 29.3% while electricity and gas supplies shrank 1.2%. Compared to the previous month, industrial production jumped 1%.
2022-08-10
Saudi Industrial Output Growth Eases to 24%
Industrial production in Saudi Arabia increased 24% year-on-year in May of 2022, slowing from an April's record high of 26.7%, as mining and quarrying grew softer (23.3% vs 28.3%). Meanwhile, production expanded more for manufacturing (28.8% vs 25.1% in April) as international trade recovered, while that of electricity and gas supplies rebounded (3% vs -2%). Compared to the previous month, industrial production climbed 1.2%, accelerating from a 0.5% rise in April.
2022-07-10
Saudi Arabia Industrial Production Rises at Record Pace
Industrial production in Saudi Arabia increased by a record 26.7% year-on-year in April of 2022, as mining and quarrying grew by 28.3% as the country increased its oil production to its highest level by more than 10 million barrels per day. Manufacturing activity also increased by 25.1% as international trade recovered. On the other hand, electricity and gas supplies decreased 2%. Compared to the previous month, industrial production was up by 0.5%.
2022-06-09