Saudi industrial production index up 11.1% in January

A manufacturing facility in Saudi Arabia

Saudi Arabia’s Industrial Production Index (IPI) rose by 11.1% to 125.9 points in January, with 2010 used as the base year, compared to 113.3 points in January 2021, data from the General Authority for Statistics (GASTAT) showed.

The IPI measures relative change and reflects the progress of production volumes of materials and goods, which is converted from raw materials into final consumables in the form of commodities, for the purpose of achieving a return.

The following table shows the development of the industrial production 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%

The index increase was driven by the rise in the mining and quarrying activity by 11%% by the end of January.

The manufacturing and electricity supply sectors gained by 10% and 16%, respectively, in January 2022.

IPI by Activity in January 2022
Main activities	January 2021	January 2022	Change
Mining & Quarrying	111.9	124.7	+11%
Manufacturing	121.7	133.5	+10%
Electricity supply	85.1	98.4	+16%

Details and historical data for Macro Economy

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