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GASTAT: IPI increases by 1.3% in January 2025

10-03-2025

 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.

 

" GASTAT " Saudi economy grows by 1.3% in 2024, achieving the highest quarterly growth rate in two years

09-03-2025

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.

 

GASTAT participates in the UN Statistical Commission meeting

07-03-2025

The Kingdom of Saudi Arabia, represented by the General Authority for Statistics (GASTAT), participated in the 56th session of the United Nations Statistical Commission meeting held over four days in New York City, USA. This meeting included heads of official statistical agencies and their representatives from across the world . GASTAT’s involvement was in response to an invitation from the United Nations, aiming to highlight Saudi Arabia's preparations for hosting the sixth UN World Data Forum in Riyadh from November 9 to 12, 2026. The participation also focused on engaging in both internal and international discussions to align the forum's date with other events on the statistical and international calendar.
GASTAT’s delegation was led by Vice President Mr. Mohammed bin Abdullah Alrasheed. He commended the committee's high-level working group for its report on partnership, coordination, and capacity building in statistics to monitor the 2030 Sustainable Development Agenda and its strategic leadership in achieving the Sustainable Development Goals. He also highlighted the role of GASTAT in strengthening business and trade statistics over the last three years.
On the sidelines of the meeting, GASTAT took part in the high-level group meeting and the side meeting of the UN Statistical Commission. During these meetings, GASTAT reaffirmed its commitment to the report of the Committee of Experts on Environmental-Economic Accounting and expressed support for the overall program of the commission's working groups and technical committees. Additionally, GASTAT welcomed participation in key initiatives, including topics related to the circular economy, biodiversity, sustainable tourism, and climate change.
It's noteworthy that the United Nations Preparatory Committee meeting is recognized as the most prominent statistical organizational framework worldwide. This committee is responsible for establishing international statistical standards and promoting the use of reliable data. It also develops statistical policies and addresses issues related to methodologies and data collection. Furthermore, it tracks the progress made in the indicators of the Sustainable Development Goals (SDG). The United Nations Statistical Commission convenes its meetings annually in late February and early March in New York City, USA.

 

GASTAT: Non-oil exports increase by 18.1% in December 2024

25-02-2025

The General Authority for Statistics (GASTAT) issued the International Trade Statistics Publication for December 2024. According to the results, non-oil exports recorded an increase of 18.1% compared to December 2023. The value of re-exported goods also increased by 23.4% during the same period. However, merchandise exports decreased by 2.8% in December 2024, while imports  increased by 27.1% compared to December 2023.
The results indicated that "chemical industry products" are among the most important non-oil export goods, accounting for 25.9% of total non-oil exports. 

Furthermore, the results of the International Trade Publication for Q4 of 2024 showed a 17.3% increase in non-oil exports (including re-exports) compared to Q4 of 2023. National non-oil exports (excluding re-exports) increased by 8.2%, while the value of re-exported goods increased by 47.3% during the same period. However, merchandise exports in Q4 of 2024 decreased by 6.1% compared to the same period in 2023, mainly due to a 13.3% decrease in oil exports. The share of oil exports in the total exports decreased from 76.4% in Q4 of 2023 to 70.5% in Q4 of 2024.
Regarding imports, there was a 15.5% increase in Q4 of 2024. In terms of trade balance, the surplus decreased by 52.4% from Q4 of 2023.
It is worth noting that international trade statistics rely on administrative records from the Zakat, Tax, and Customs Authority (non-oil) and the Ministry of Energy (oil). The Kingdom's merchandise exports and imports are classified according to the Harmonized Commodity Description and Coding System 2022.
 

GASTAT: IPI increases by 1.3% in January 2025

10-03-2025

 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.

 

" GASTAT " Saudi economy grows by 1.3% in 2024, achieving the highest quarterly growth rate in two years

09-03-2025

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.

 

GASTAT participates in the UN Statistical Commission meeting

07-03-2025

The Kingdom of Saudi Arabia, represented by the General Authority for Statistics (GASTAT), participated in the 56th session of the United Nations Statistical Commission meeting held over four days in New York City, USA. This meeting included heads of official statistical agencies and their representatives from across the world . GASTAT’s involvement was in response to an invitation from the United Nations, aiming to highlight Saudi Arabia's preparations for hosting the sixth UN World Data Forum in Riyadh from November 9 to 12, 2026. The participation also focused on engaging in both internal and international discussions to align the forum's date with other events on the statistical and international calendar.
GASTAT’s delegation was led by Vice President Mr. Mohammed bin Abdullah Alrasheed. He commended the committee's high-level working group for its report on partnership, coordination, and capacity building in statistics to monitor the 2030 Sustainable Development Agenda and its strategic leadership in achieving the Sustainable Development Goals. He also highlighted the role of GASTAT in strengthening business and trade statistics over the last three years.
On the sidelines of the meeting, GASTAT took part in the high-level group meeting and the side meeting of the UN Statistical Commission. During these meetings, GASTAT reaffirmed its commitment to the report of the Committee of Experts on Environmental-Economic Accounting and expressed support for the overall program of the commission's working groups and technical committees. Additionally, GASTAT welcomed participation in key initiatives, including topics related to the circular economy, biodiversity, sustainable tourism, and climate change.
It's noteworthy that the United Nations Preparatory Committee meeting is recognized as the most prominent statistical organizational framework worldwide. This committee is responsible for establishing international statistical standards and promoting the use of reliable data. It also develops statistical policies and addresses issues related to methodologies and data collection. Furthermore, it tracks the progress made in the indicators of the Sustainable Development Goals (SDG). The United Nations Statistical Commission convenes its meetings annually in late February and early March in New York City, USA.

 

GASTAT: Non-oil exports increase by 18.1% in December 2024

25-02-2025

The General Authority for Statistics (GASTAT) issued the International Trade Statistics Publication for December 2024. According to the results, non-oil exports recorded an increase of 18.1% compared to December 2023. The value of re-exported goods also increased by 23.4% during the same period. However, merchandise exports decreased by 2.8% in December 2024, while imports  increased by 27.1% compared to December 2023.
The results indicated that "chemical industry products" are among the most important non-oil export goods, accounting for 25.9% of total non-oil exports. 

Furthermore, the results of the International Trade Publication for Q4 of 2024 showed a 17.3% increase in non-oil exports (including re-exports) compared to Q4 of 2023. National non-oil exports (excluding re-exports) increased by 8.2%, while the value of re-exported goods increased by 47.3% during the same period. However, merchandise exports in Q4 of 2024 decreased by 6.1% compared to the same period in 2023, mainly due to a 13.3% decrease in oil exports. The share of oil exports in the total exports decreased from 76.4% in Q4 of 2023 to 70.5% in Q4 of 2024.
Regarding imports, there was a 15.5% increase in Q4 of 2024. In terms of trade balance, the surplus decreased by 52.4% from Q4 of 2023.
It is worth noting that international trade statistics rely on administrative records from the Zakat, Tax, and Customs Authority (non-oil) and the Ministry of Energy (oil). The Kingdom's merchandise exports and imports are classified according to the Harmonized Commodity Description and Coding System 2022.