Saudi Arabia’s Industrial Production Index rose to 115 in January, marking a 10.4% increase year on year, supported by higher crude oil output and stronger mining activity, according to data released by the General Authority for Statistics.

The annual growth was largely driven by a 13.3% increase in the mining and quarrying sub-index, which includes oil production. Crude output rose to 10.1 million barrels per day in January, compared with 8.9 million barrels per day a year earlier, boosting activity in the sector and supporting overall industrial expansion.

The latest figures highlight continued momentum in the Kingdom’s industrial sector as it advances economic diversification efforts under Saudi Vision 2030.

#GASTAT publishes Industrial Production Index for January 2026https://t.co/Hl5HqYECN1 pic.twitter.com/IJE1xI005y

— الهيئة العامة للإحصاء (@Stats_Saudi) March 10, 2026

Manufacturing, a key pillar of the diversification agenda, also recorded solid growth. The manufacturing sub-index increased 6.8% year on year, supported by gains across several industries.

Production of chemicals and chemical products rose 10.6%, while the manufacture of coke and refined petroleum products increased 9.1%. The food products industry also expanded by 9.1% during the same period.

Meanwhile, the water supply, sewerage, and waste management sector recorded the strongest annual growth among the main industrial activities, rising 11.7%.

Despite the strong annual performance, the index recorded a slight monthly decline of 0.5% compared with December 2025. The drop was mainly driven by a 1.4% decrease in the manufacturing sub-index.

The monthly contraction reflected declines in some sectors that supported annual growth. Output of coke and refined petroleum products fell 1.1%, while chemical production declined 1.2%.

By economic activity, the index for oil-related activities increased 12.5% year on year, while non-oil activities grew 5.3%, indicating broader industrial expansion.

On a monthly basis, however, both segments recorded modest declines. Oil activities fell 0.1%, while non-oil activities dropped 1.5%.

The electricity, gas, and air conditioning supply sector was the only major category to post an annual decline, down 1.3% from January 2025.