Saudi Arabia’s industrial production index rose by 8.9% in February 2026, marking significant growth in the sector.
Saudi Arabia’s Industrial Production Index Sees Significant Growth in February 2026
The Industrial Production Index (IPI) in Saudi Arabia rose by 8.9% in February 2026 compared to the same month last year. This increase stems from robust growth in mining, quarrying, manufacturing, and 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 experienced a remarkable annual increase of 13.0%. This sector’s performance significantly contributed to the overall rise in industrial production.
Manufacturing Sector Performance
The manufacturing sector also showed 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, the sub-index for electricity, gas, steam, and air conditioning supply saw a decline of 3.7% year-on-year.
Key Economic Activities
In terms of major economic activities, the results indicated an 11.5% increase in the oil sector index. Meanwhile, the non-oil sector index grew by 2.4% on an annual basis. These figures reflect the diverse growth within the Saudi economy, highlighting both oil and non-oil sectors’ contributions.
Conclusion
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.
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