AI Summary
Saudi Arabia’s Industrial Production Index (IPI) jumped 10.4% to 114.4 points in January 2026 (base year 2021), from 103.6 points a year earlier, according to data released by the General Authority for Statistics (GASTAT).
IPI is one of the key economic indicators used to assess economic performance and monitor changes in domestic product prices at the producer level, according to GATSAT.
The index aims to measure price changes in locally produced goods and services over specific periods, which helps analyze inflation or deflation trends in various productive activities.
|
Industrial Production Index (IPI)* |
||
|
Period |
Points |
YoY Change |
|
January 2024 |
102.58 |
(9.4%) |
|
February |
105.06 |
(6.3%) |
|
March |
104.45 |
(8.8%) |
|
April |
105.27 |
(6.4%) |
|
May |
107.26 |
(2.0%) |
|
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 |
108.22 |
+3.6% |
|
April |
105.53 |
+0.2% |
|
May |
108.82 |
+1.5% |
|
June |
110.17 |
+6.2% |
|
July |
112.68 |
+7.7% |
|
August |
113.92 |
+6.9% |
|
September |
116.38 |
+9.5% |
|
October |
115.13 |
+7.6% |
|
November |
113.62 |
+9.6% |
|
December |
114.91 |
+10.2% |
|
January 2026 |
114.36 |
+10.4% |
The mining and quarrying sub-index saw a rise of 13.3% year-on-year (YoY), backed by an increase in the Kingdom’s oil output to 10.1 million barrels per day (bpd), compared to 8.9 million bpd in 2025.
The manufacturing sub-index advanced 6.8% YoY, thanks to a 9.1% jump in coke and refined petroleum product manufacturing, as well as a 10.6% rise in the production of chemicals and chemical products.
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IPI by Activity |
|||
|
Sub-Index |
January 2025 |
January 2026 |
Change |
|
Mining and Quarrying |
97.8 |
110.8 |
+13.3% |
|
Manufacturing |
114.8 |
122.6 |
+6.8% |
|
Electricity, Gas, and Steam Supplies & Air-Conditioning |
85.4 |
84.3 |
(1.3%) |
|
Water Supply, Sanitation, Waste Management & Treatment Activities |
122.8 |
137.2 |
+ 11.7 % |
|
IPI |
103.6 |
114.4 |
+ 10.4 % |
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