Saudi Industrial Production Index up 2% in March

11/05/2025 Argaam Special
A production line

A production line


Saudi Arabia’s Industrial Production Index (IPI) added 2% year-on-year (YoY) in March 2025, data issued by the General Authority for Statistics (GASTAT) showed.

 

The IPI rose to 106.51 points in March 2025, according to the base year 2021, compared to 104.45 points in March 2024.

 

GASTAT attributed the growth to higher activity in manufacturing, water supply, sanitation, waste management and treatment sectors.

 

The IPI measures the relative change in production quantities of materials and goods, tracking their transformation from raw materials to final consumable products for economic returns.

 

The following table shows the development of the index:

 

Industrial Production Index (IPI)*

Period

IPI (Points)

Change (YoY)

January 2024

102.58

(9.4%)

February

105.06

(6.3%)

March

104.45

(8.8%)

April

105.37

(6.3%)

May

107.48

(1.8%)

June

103.95

(5.6%)

July

104.74

+0.2%

August

106.50

+2.5%

September

105.99

+0.03%

October

106.74

+4.9%

November

104.42

+3%

December

104.32

+2.2%

January 2025

103.64

+1%

February

105.40

+0.3%

March

106.51

+2.0%

*Updated according to GASTAT data.

 

 

Mining and quarrying activity declined 0.2% YoY in March 2025 amid lower oil production in the Kingdom. Oil output reached 8.96 million barrels per day (bpd) in March, down from 8.97 million bpd in the year-earlier period.

 

The manufacturing index rose 5.1% YoY, driven by higher production in chemicals, chemical products, and food products.

 

Electricity, gas, steam, and air conditioning supply activity grew by 0.9%, while water supply, sewage, and waste management activity rose by 15%, compared to March of the previous year. 

 

IPI by Activity

Main Sectors

March 2024

March 2025

Change

Mining & Quarrying

98.25

98.42

(0.2%)

Manufacturing

116.31

122.21

5.1%

Electricity, Gas, Steam & Air-Conditioning Supply

86.23

87.04

(0.9%)

Water Supply, Sanitation, Waste Management & Treatment

126.36

109.85

15.0%

IPI

106.51

104.45

2.0%

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