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Saudi Arabia’s Index of Industrial Production (IIP) rose 5.8 percent year-on-year (YoY) to 137.87 points in Q2 2018, with 2010 used as the base year, data from the General Authority for Statistics (GASTAT) showed.
Industrial Production General Index |
||
Period |
Index (Points) |
Y-o-Y Variation |
Q1 2016 |
128.07 |
+1.9% |
Q2 2016 |
129.32 |
(1.6%) |
Q3 2016 |
133.54 |
+4.0% |
Q4 2016 |
131.92 |
+3.2% |
Q1 2017 |
127.95 |
(0.1%) |
Q2 2017 |
130.26 |
+0.7% |
Q3 2017 |
134.25 |
+0.5% |
Q4 2017 |
131.58 |
(0.3%) |
Q1 2018 |
132.35 |
+3.4% |
Q2 2018 |
137.87 |
+5.8% |
The mining and quarrying activity index gained 2 percent YoY to 124.06 pts. The manufacturing industry activity stood at 183.53 pts, jumping 16 percent YoY.
The electricity and gas supply activity slipped 0.3 percent YoY to 136.79 pts in Q2 2018.
Industrial Production Index by Activity |
|||||||
Period |
Mining & mines |
Manufacturing |
Electricity supply |
||||
Index (points) |
Y-o-Y Variation |
Index (points) |
Y-o-Y Variation |
Index (points) |
Y-o-Y Variation |
||
Q1 2016 |
125.33 |
+4% |
136.47 |
(3%) |
133.12 |
+1% |
|
Q2 2016 |
126.99 |
(1%) |
134.67 |
(4%) |
147.39 |
+1% |
|
Q3 2016 |
131.51 |
+4% |
135.43 |
+1% |
171.00 |
+29% |
|
Q4 2016 |
130.91 |
+4% |
138.37 |
+4% |
107.49 |
(15%) |
|
Q1 2017 |
119.36 |
(5%) |
161.60 |
+18% |
86.50 |
(35%) |
|
Q2 2017 |
121.69 |
(4%) |
157.62 |
+17% |
137.20 |
(7%) |
|
Q3 2017 |
123.20 |
(6%) |
164.60 |
+22% |
181.44 |
+6% |
|
Q4 2017 |
123.18 |
(6%) |
162.54 |
+17% |
106.12 |
(1%) |
|
Q1 2018 |
121.76 |
+2% |
174.68 |
+8% |
74.56 |
(14%) |
|
Q2 2018 |
124.06 |
+2% |
183.53 |
+16% |
136.79 |
(0.3%) |
The relative significance of mining and quarrying (including oil) hit the highest level at 74.3 percent. Meanwhile, the relative significance of manufacturing industries reached 21.9 percent.
Industrial Production General Index |
|
Activity |
Weighted Average |
Mining & mines (including crude extraction) |
74.33 % |
Manufacturing |
21.94 % |
Electricity, water & gas |
3.73 % |
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