Saudi industrial production index rises 15.7% in September

Production line in a factory

Saudi Arabia’s Industrial Production Index (IPI) grew 15.7% year-on-year (YoY) in September 2022.

Data issued by the General Authority for Statistics (GASTAT) shows that Saudi IPI rose to 138.5 points in September 2022, according to the base year 2010, compared to 119.8 points in the year-ago period.

The following table shows the development of the index:

Industrial Production Index (IPI)
Period	Index (Points)	YoY Change
January 2021	113.33	(6.9%)
February	103.85	(14.8%)
March	103.80	(14.5%)
April	102.72	(24.0%)
May	106.29	+0.5%
June	110.16	+11.9%
July	114.89	+5.9%
August	119.05	+5.8%
September	119.76	+6.5%
October	121.78	+7.7%
November	124.20	+10.3%
December	125.20	+11.2%
January 2022	125.94	+11.1%
February	127.01	+22.3%
March	129.51	+24.8%
April	130.17	+26.7%
May	131.78	+24.0%
June	133.08	+20.8%
July	135.23	+17.7%
August	139.09	+16.8%
September	138.50	+15.7%

* Updated data according to GASTAT.

The mining and quarrying activity rose by 14.2% YoY as the Kingdom increased its oil production to reach its highest level of more than 11 million barrels per day in September.

The manufacturing activity recorded a 22% YoY increase, while the electricity supply activity rose by 5.5% YoY.

IPI by Activity in September 2022
Main Sectors	September 2021	September 2022	Change
Mining & Quarrying	118.80	135.70	+14.2%
Manufacturing	119.90	146.30	+22.0%
Electricity Supply	143.20	151.10	+5.5%

Details and Historical Data for Macro Economy

Economic Reports

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