Categories: Economy

Saudi Arabia’s Industrial Production Index Increases by 8.9% in February 2026

Saudi Arabia’s Industrial Production Index Sees Significant Growth

The Industrial Production Index (IPI) in Saudi Arabia recorded a substantial increase of 8.9% in February 2026, compared to the same month in the previous year. This growth is attributed to strong performances across several sectors, including mining, quarrying, manufacturing, as well as water supply, sewage, waste management, and remediation activities.

Mining and Quarrying Drive Growth

According to a statement from the General Authority for Statistics, the sub-index for mining and quarrying exhibited a remarkable annual rise of 13.0%. This impressive performance in the mining sector has been a significant contributor to the overall increase in industrial production.

Manufacturing Sector Performance

The manufacturing sector also demonstrated positive trends, with its sub-index climbing by 3.6%. Additionally, the sub-index for water supply, sewage, and waste management activities rose by 8.1%. However, it is noteworthy that the sub-index for electricity, gas, steam, and air conditioning supply experienced a decline of 3.7% year-on-year.

Key Economic Activities

In terms of major economic activities, the data indicated an 11.5% increase in the oil sector index, while the non-oil sector index recorded a growth of 2.4% on an annual basis. These figures illustrate the diverse growth within the Saudi economy, showcasing the contributions of both oil and non-oil sectors.

The notable rise in the Industrial Production Index underscores Saudi Arabia’s ongoing economic development. As the nation continues to diversify its economy, these statistics provide a promising outlook for future industrial activities.

For more details, visit Yemen TV.

Yemen TV

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