Saudi Arabia’s industrial output growth accelerated in February, reflecting strong performance in mining and manufacturing sectors. The Industrial Production Index reached 114.6, up from 105.3 a year earlier. This increase shows the Kingdom’s industrial output growth continues despite global economic uncertainties.
The mining and quarrying sector contributed significantly, posting a 13 percent annual rise. Manufacturing also showed improvement, with the production of coke, refined petroleum, and chemicals supporting overall growth. Authorities report that these gains illustrate ongoing momentum under Saudi Arabia’s economic diversification initiatives.
Monthly comparisons show stability in overall output. The manufacturing sub-index decreased slightly by 0.2 percent, mainly due to drops in coke production and chemical activities. Meanwhile, mining and quarrying activity increased marginally by 0.1 percent, maintaining steady industrial performance.
Oil production played a major role in supporting industrial output growth. In February, daily oil output increased to 10.1 million barrels, up from 8.9 million barrels the previous year. This expansion underlines the importance of energy activities to the broader industrial landscape.
Other manufacturing sectors delivered mixed results. Production of non-metallic mineral products grew by 2.2 percent annually, and basic metals rose 6.2 percent year-on-year. However, basic metals output fell by 2 percent compared to January, while electrical devices manufacturing declined 3.2 percent year-on-year, reflecting sector-specific fluctuations.
The production of paper and paper products showed steady gains, with a 1.9 percent annual increase and a 2 percent monthly rise. Utilities and environmental sectors performed differently. Electricity, gas, and steam production fell by 3.7 percent annually, while water supply and waste management rose by 8.1 percent over the same period.
Non-oil activities contributed to industrial output growth with a 2.4 percent annual increase, despite a 0.4 percent monthly decrease. Oil-related industries grew 11.5 percent year-on-year, offsetting minor monthly declines. These figures highlight the balance between energy and non-energy sectors in the Kingdom’s industrial development.
Industrial output growth in Saudi Arabia shows resilience. Mining, oil production, and diversified manufacturing sectors drove gains. Policymakers continue to support growth through strategic initiatives aimed at sustaining momentum under Vision 2030.
The Industrial Production Index tracks changes in industrial activity using international standards. It covers mining, manufacturing, utilities, and waste management, providing a comprehensive view of the Kingdom’s industrial performance.
