🗂 Monitoring – BETH

The General Authority for Statistics released today the Industrial Production Index (IPI) results for April 2025, showing a 3.1% increase compared to the same month last year (April 2024).

This growth signals a positive trajectory for the Kingdom’s industrial momentum, especially amid broader economic transformations aimed at strengthening local content and diversifying sources of production.

🔍 Growth by Sector:

Mining and Quarrying:
A slight year-on-year increase of 0.2%.

Manufacturing:
A significant rise of 7.4%, reflecting expanded production capacity and improved operational efficiency.

Electricity, Gas, Steam, and Air Conditioning Supply:
A marginal decline of 0.2%, likely influenced by seasonal or operational fluctuations.

Water Supply, Waste Management and Remediation Activities:
A sharp increase of 8.8%, among the highest recorded rates, indicating improved environmental systems and infrastructure services.

🛢️ Oil vs. Non-Oil Activities:

Oil Activities:
Increased by 4.3% year-on-year.

Non-Oil Activities:
Saw a slight increase of 0.1%, suggesting relative stability but highlighting the need for stronger stimulus in non-oil sectors.

📈 About the Index:

The IPI is issued monthly by the General Authority for Statistics, measuring relative changes in industrial production volumes based on detailed field surveys conducted across key industrial establishments in four main sectors:

Mining and Quarrying

Manufacturing

Electricity, Gas, Steam, and Air Conditioning

Water Supply, Waste Management and Treatment

📌 BETH – Analytical Perspective:

The continued rise in industrial output reflects the stability of Saudi Arabia’s industrial vision. At the same time, it reveals an urgent need to further stimulate non-oil sectors in order to achieve the desired balance within the national economic diversification strategy.