Sunday, 10 August 2025

Saudi Arabia’s Industrial Production Jumps 7.9% in June, Fueled by Manufacturing Growth and Higher Oil Output

 

RIYADH — Saudi Arabia’s industrial production rose 7.9% year-on-year in June 2025 to 111.9 points, driven by robust manufacturing gains and increased crude output, according to the General Authority for Statistics (GASTAT).

The Industrial Production Index (IPI) — a key gauge of mining, manufacturing, utilities, and waste management output — also climbed 1.6% month-on-month, underscoring momentum in the Kingdom’s non-oil economy under Vision 2030.

Key sector growth in June 2025:

  • Mining & Quarrying (including crude oil): +6% YoY, with oil output up to 9.36 million bpd from 8.83 million bpd in June 2024.

  • Manufacturing: +11.1% YoY, led by:

    • Coke & refined petroleum products: +15.3%

    • Chemicals & chemical products: +18.7%

  • Electricity, gas, steam & air-conditioning: +5.6% YoY

  • Water supply, sewerage, waste management: +6.9% YoY

On a monthly basis, manufacturing grew 1.4%, while mining and quarrying rose 1.9%. Oil activities advanced 1.9%, and non-oil activities increased 1.1% compared to May.

The latest data aligns with GASTAT’s earlier report showing Saudi Arabia’s GDP grew 2.7% in Q1 2025, with non-oil activities contributing 53.2% to total economic output — a 5.7% improvement from previous estimates.

According to S&P Global, Saudi Arabia’s non-oil private sector PMI reached 56.3 in July, outperforming the UAE (52.9), Kuwait (53.5), and Qatar (51.4), signaling continued expansion.RIYADH — Saudi Arabia’s industrial production rose 7.9% year-on-year in June 2025 to 111.9 points, driven by robust manufacturing gains and increased crude output, according to the General Authority for Statistics (GASTAT).

The Industrial Production Index (IPI) — a key gauge of mining, manufacturing, utilities, and waste management output — also climbed 1.6% month-on-month, underscoring momentum in the Kingdom’s non-oil economy under Vision 2030.

Key sector growth in June 2025:

  • Mining & Quarrying (including crude oil): +6% YoY, with oil output up to 9.36 million bpd from 8.83 million bpd in June 2024.

  • Manufacturing: +11.1% YoY, led by:

    • Coke & refined petroleum products: +15.3%

    • Chemicals & chemical products: +18.7%

  • Electricity, gas, steam & air-conditioning: +5.6% YoY

  • Water supply, sewerage, waste management: +6.9% YoY

On a monthly basis, manufacturing grew 1.4%, while mining and quarrying rose 1.9%. Oil activities advanced 1.9%, and non-oil activities increased 1.1% compared to May.

The latest data aligns with GASTAT’s earlier report showing Saudi Arabia’s GDP grew 2.7% in Q1 2025, with non-oil activities contributing 53.2% to total economic output — a 5.7% improvement from previous estimates.

According to S&P Global, Saudi Arabia’s non-oil private sector PMI reached 56.3 in July, outperforming the UAE (52.9), Kuwait (53.5), and Qatar (51.4), signaling continued expansion.

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