SAUDI ARABIA

Saudi Arabia’s industrial production rises 2% in March

May 11, 2025

Saudi Gazette report

RIYADH The General Authority for Statistics (GASTAT) released the Industrial Production Index (IPI) results for March 2025, revealing a 2.0% increase in the general index compared to the same month last year.

The growth was primarily driven by a 5.1% year-on-year rise in manufacturing activities and a significant 15.0% increase in the water supply, sanitation, waste management, and treatment sector.

Meanwhile, the mining and quarrying activity index edged down by 0.2%, and the electricity, gas, steam, and air conditioning supply sector declined by 0.9% year-on-year.

Oil-related activities saw modest growth, with the index rising by 0.5%, while non-oil industrial activities posted a 5.6% increase compared to March 2024, reflecting continued diversification efforts within the Kingdom’s economy.

GASTAT issues the Industrial Production Index on a monthly basis to monitor changes in the volume of production across key sectors. The index is based on data collected from a representative sample of establishments in the industrial sector, including mining and quarrying, manufacturing, utilities, and waste management.


May 11, 2025
230 views
HIGHLIGHTS
SAUDI ARABIA
15 minutes ago

Saudi Arabia, US deepen trade and investment ties with $54 billion in FDI in 2023

SAUDI ARABIA
33 minutes ago

Trump's visit reinforces pivotal Saudi role as hub of regional decision-making and key player in global stability

SAUDI ARABIA
2 hours ago

Crown Prince launches HUMAIN, new PIF-owned AI company to drive global innovation