Saudi Industrial Production Index up 1.5% in May

10/07/2025 Argaam Special
A production line

A production line


Saudi Arabia’s Industrial Production Index (IPI) added 1.5% year-on-year (YoY) in May 2025, data issued by the General Authority for Statistics (GASTAT) showed.

 

The IPI rose to 108.84 points in May 2025, according to the base year 2021, compared to 107.26 points in May 2024.

 

GASTAT attributed the growth to higher activity in mining, quarrying, manufacturing, water supply, sanitation, as well as 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

105.27

(6.3%)

May

107.26

(2%)

June

103.69

(5.8%)

July

104.66

+0.1%

August

106.57

+2.5%

September

106.25

+0.3%

October

106.99

+5.1%

November

103.64

+3.3%

December

104.32

+2.2%

January 2025

103.58

+1.0%

February

105.27

+0.2%

March

107.93

+3.3%

April

106.18

+0.9%

May

108.84

+1.5%

*Updated according to GASTAT data.

 

The mining and quarrying activity sub-index rose 2.1% YoY in May 2025, supported by a slight increase in oil output to 9.18 million barrels per day (bpd) from 8.99 million a year earlier.

 

The manufacturing sub-index rose 0.9% YoY, driven by stronger activity in the manufacture of chemicals and chemical products, which rose 14%.

 

The following table shows the value of the IPI by its constituent activities: 

 

IPI by Activity

Main Sections

May 2024

May 2025

Change

Mining & Quarrying

98.64

100.73

+2.1%

Manufacturing

122.24

123.37

+0.9%

Electricity, Gas, Steam & Air-Conditioning Supply

105.61

97.46

(7.7%)

Water Supply, Sanitation, Waste Management & Treatment

120.80

139.50

+15.5%

IPI

107.26

108.84

+1.5%

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