The General Authority for Statistics released the results of the Industrial Production Index (IPI) for February 2025. According to the report, IPI decreased by 0.2% compared to the same month of the previous year (February 2024), primarily due to a decline in mining and quarrying activities.
The report showed a 0.7% year-on-year decrease in the sub-index for mining and quarrying activities. In contrast, the sub-index for manufacturing activities rose by 0.2%. The sub-index for electricity, gas, steam, and air conditioning supply recorded an increase of 1.1%, while the sub-index for water supply, sewage, waste management, and treatment activities recorded a significant rise of 13.1%.
According to the main economic activities, the results indicated that the IPI for oil-related activities decreased by 1.6% in February 2025, while the index for non-oil activities rose by 3.2%.
It is worth noting that the General Authority for Statistics publishes IPI monthly. This economic indicator reflects the relative changes in the volume of industrial production, based on data from the Industrial Production Survey, which is conducted on a sample of industrial establishments operating in the targeted industrial activities, including mining and quarrying, manufacturing, electricity, gas, steam and air conditioning supply, and water supply, sewage, waste management, and treatment activities.
 

The General Authority for Statistics (GASTAT) released today the International Trade Statistics Publication for January 2025. According to the publication’s results, merchandise exports grew by 2.4% in January 2025 compared to January 2024. Non-oil exports (including re-exports) increased by 10.7% over January 2024. Meanwhile, imports rose by 8.3% in January 2025, while the trade balance surplus declined by 11.9% compared to January 2024.
The publication’s results indicated an increase in the ratio of non-oil exports to imports (including re-exports), reaching 36.5% in January 2025, up from 35.7% in January 2024. Additionally, the percentage of oil exports in total exports declined from 74.8% in January 2024 to 72.7% in January 2025.
The publication’s results also showed that "chemical industry products" were among the top non-oil export commodities, accounting for 23.7% of total non-oil exports. Meanwhile, the most imported commodities were "machinery, electrical equipment, and parts," making up 25.9% of total imports.
Moreover, the results highlighted that the Republic of China represented the Kingdom’s main trading partner in merchandise trade. Exports to China made up 15.2% of total exports in January 2025, while imports from China accounted for 26.4% of total imports during the same period.

 The General Authority for Statistics released the results of the Industrial Production Index (IPI) for January 2025.  According to the results of the publication, IPI recorded an increase of 1.3 % during January 2025 compared to the same month of 2024. The increase is driven by a rise in the activities of  manufacturing activity and water supply, sewage, and waste management and remediation activities.
The publication results showed a decrease in the sub-index for mining and quarrying activity by 0.4% on an annual basis, and an increase in the sub-index for manufacturing activity by 4 %. The sub-index for electricity, gas, steam and air conditioning supply activity recorded a decrease of 1.7 %, while the sub-index for water supply, sewage, and waste management and remediation activities recorded an increase of 12.8 %.

According to the main economic activities, the results indicated an increase in the index of oil activities in January 2025 by 0.4 %, while the index of non-oil activities recorded an increase of 3.6 % compared to the same month of the previous year.

It is noteworthy that the GASTAT issues IPI on a monthly basis, which is an economic indicator that reflects the relative changes in the volume of industrial production quantities based on data from the industrial production survey, which is implemented on a sample of industrial establishments operating in the targeted industrial activities. These are represented by the activities of mining and quarrying, manufacturing activity, electricity, gas, steam and air conditioning supplies, in addition to the water supply, sewage, and waste management
 and remediation activities.

The General Authority for Statistics (GASTAT) issued today the Gross Domestic Product (GDP) report and National Accounts Indicators for 2024 and the fourth quarter of 2024. According to the results of the publication, the real GDP achieved a growth rate of 1.3% in 2024 compared to the previous year. Non-Oil Activities and Government Activities grew by 4.3% and 2.6%, respectively, while Oil Activities saw a decline of 4.5%.
In terms of quarterly estimates, the real GDP achieved a growth of 4.5% in the fourth quarter of 2024 compared to the same quarter of the previous year. This growth is attributed to the increase across all economic activities, with Non-Oil Activities growing by 4.7%, Oil Activities growing by 3.4%, and Government Activities growing by 2.2% year-on-year.
In the same context, the results of the report stated that during the fourth quarter of 2024, seasonally adjusted real GDP grew by 0.5% compared to the third quarter of 2024.
It is worth noting that most economic activities achieved positive growth rates in 2024, in line with the objectives of Saudi Vision 2030, which aims to achieve a prosperous economy. This reflects the success of the Vision's programs, legislative reforms, and the progress made in major projects and national strategies.