Industrial Production Index Falls 18.7% in May 2026
A production line in one of the factories. The general industrial production index in Saudi Arabia fell by 18.7% in May 2026 compared to the same month in 2025. Data from the General Authority for Statistics showed the industrial production index declined to 87.9 points in May 2026, based on the 2021 base year, compared to 108.1 points in May 2025. The authority stated that the decline resulted from a decrease in mining and quarrying activity, as well as manufacturing activity. The industrial production index measures the relative change and development in the quantities of production of materials…
Industrial Production Index Falls 18.7% in May 2026
A production line in one of the factories
The general industrial production index in Saudi Arabia fell by 18.7% in May 2026 compared to the same month in 2025.
Data from the General Authority for Statistics showed the industrial production index declined to 87.9 points in May 2026, based on the 2021 base year, compared to 108.1 points in May 2025.
The authority stated that the decline resulted from a decrease in mining and quarrying activity, as well as manufacturing activity.
The industrial production index measures the relative change and development in the quantities of production of materials and goods converted from raw materials into final consumer goods, for the purpose of achieving material returns.
General Industrial Production Index*
Period
Index (point)
Annual Change
January 2025
103.46
+ 0.9 %
February
103.80
(1.2 %)
March
108.08
+ 3.5 %
April
104.94
(0.3 %)
May
108.82
+ 1.5 %
June
109.70
+ 5.8 %
July
112.68
+ 7.7 %
August
113.92
+ 6.9 %
September
115.88
+ 9.1 %
October
115.13
+ 7.6 %
November
113.33
+ 9.3 %
December
115.05
+ 10.3 %
January 2026
115.07
+ 11.2 %
February
119.41
+ 15.0 %
March
91.02
(15.8 %)
April
84.86
(19.1 %)
May
87.87
(18.7 %)
*Data is updated according to what the General Authority for Statistics publishes.
The authority stated that mining and quarrying activity declined by 28.6% year-on-year in May 2026, while manufacturing activity fell by 6.2%, affected by a 16.7% decline in the manufacture of coke and refined petroleum products, and a 4% decline in the manufacture of chemicals and chemical products.
It added that the activity of electricity, gas, steam and air conditioning supply declined by 1.4% year-on-year, while the activity of water supply, sewerage, waste management and remediation services increased by 5.7%.
Industrial Production Index by Component Activities
Main Sections
May 2025
May 2026
Change
Mining and Quarrying
100.73
71.96
(28.6 %)
Manufacturing
120.11
112.72
(6.2 %)
Electricity, Gas, Steam and Air Conditioning Supply
116.02
114.37
(1.4 %)
Water Supply, Sewerage, Waste Management and Remediation Services
126.90
134.09
5.7 %
General Index
108.14
87.87
(18.7 %)
Economic Reports
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Original source: Argaam
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