Saudi Arabia’s industrial output rose at its fastest rate in months, climbing 10.4 per cent year on year in November, supported by stronger manufacturing activity and higher oil production, official data showed.
The Industrial Production Index increased to 114.4, up from 103.6 a year earlier, according to the General Authority for Statistics (GASTAT), though the index slipped 0.7pc from October.
The latest figures highlight continued momentum in Saudi Arabia’s industrial sector as the kingdom pursues economic diversification under its Vision 2030 agenda.
In its latest report, GASTAT stated: “Preliminary results indicate an increase of 10.4pc in the IPI in November 2025 compared to the same month of the previous year, supported by the rise in mining and quarrying activity, manufacturing activity and water supply, sewerage and waste management and remediation activities.”
The sub-index of mining and quarrying activity increased by 12.6pc year on year in November, supported by Saudi Arabia’s decision to raise oil production to 10.1 million barrels per day, compared to 8.9m bpd a year earlier.
Manufacturing activity rose by 8.1pc compared to November 2024, driven by a 14.5pc increase in the production of coke and refined petroleum products. The manufacture of chemical products also recorded a 10.9pc annual rise.
In contrast, the sub-index of electricity, gas, steam and air conditioning supply declined by 4.3pc year on year, while water supply, sewerage and waste management and remediation activities rose by 10.2 pc.
On a month-on-month basis, the overall IPI fell by 0.7pc in November.
Mining and quarrying activity rose by 0.5pc from October, while manufacturing activity edged up by 0.3pc.
However, electricity, gas, steam and air conditioning supply recorded a sharp monthly decline of 28.6pc. Water supply, sewerage and waste management and remediation activities fell by 3.1pc over the same period.
Overall, the index of oil activities advanced by 12.9pc year on year in November, while non-oil activities increased by 4.4pc. Compared to October, oil activities rose by 0.4pc, while non-oil activities declined by 3.4pc.
The IPI measures changes in industrial output based on the International Standard Industrial Classification framework and covers mining, manufacturing, utilities and waste management sectors.