Saudi Arabia Industrial Production Index Growth

2019 - 2023 | Monthly | % | CEIC Data

Key information about Saudi Arabia Industrial Production Index Growth

  • Saudi Arabia Industrial production fell 10.5 % YoY in Dec 2023, following a drop of 11.2 % YoY in the previous month.
  • Saudi Arabia Industrial production index growth rate YoY data is updated monthly, available from Jan 2019 to Dec 2023, with an average rate of -2.9 %.
  • The data reached an all-time high of 26.7 % in Apr 2022 and a record low of -24.0 % in Apr 2021.

CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. The General Authority for Statistics provides Industrial Production Index with base 2010=100.

View Saudi Arabia's Industrial Production Index Growth from Jan 2019 to Dec 2023 in the chart:

Saudi Arabia Industrial Production Index Growth

What was Saudi Arabia's Industrial Production Index Growth in Dec 2023?

Saudi Arabia Industrial production fell 10.5 % YoY in Dec 2023, following a drop of 11.2 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-10.5 Dec 2023 -11.2 Nov 2023 -24.0 Apr 2021 26.7 Apr 2022 % monthly Jan 2019 - Dec 2023

Industrial Production Index Growth by Country Comparison

country/region Last Frequency Range
Albania (%) -4.6 Sep 2024 quarterly Mar 2007 - Sep 2024
Algeria (%) 3.2 Sep 2024 quarterly Mar 1996 - Sep 2024
Argentina (2004=100) 116.5 Dec 2024 monthly Jan 2016 - Dec 2024
Armenia (%) -14.8 Dec 2024 monthly Jan 2008 - Dec 2024
Australia (%) 0.0 Sep 2024 quarterly Sep 1975 - Sep 2024
Austria (%) 1.1 Apr 2023 monthly Jan 1958 - Apr 2023
Azerbaijan (%) 1.1 Dec 2024 monthly Dec 2009 - Dec 2024
Bangladesh (%) 5.2 Oct 2024 monthly Jul 1974 - Oct 2024
Belarus (%) 4.3 Dec 2024 monthly Jan 2002 - Dec 2024
Belgium (%) -3.8 Apr 2023 monthly Jan 1956 - Apr 2023
Bolivia (%) -0.5 2019 yearly 1991 - 2019
Bosnia and Herzegovina (%) 0.7 Dec 2024 monthly Jan 2007 - Dec 2024
Brazil (%) 0.5 Dec 2024 monthly Jan 1986 - Dec 2024
Bulgaria (%) -10.8 Apr 2023 monthly Jan 2001 - Apr 2023
Canada (%) -0.4 Dec 2024 monthly Jan 1958 - Dec 2024
Chile (%) 7.6 Dec 2024 monthly Jan 2010 - Dec 2024
China (%) 6.2 Dec 2024 monthly Jan 1995 - Dec 2024
Colombia (%) -2.1 Nov 2024 monthly Jan 1981 - Nov 2024
Croatia (%) 0.4 May 2023 monthly Jan 1999 - May 2023
Cyprus (%) 2.0 Oct 2024 monthly Jan 2001 - Oct 2024
Czech Republic (%) -3.6 Dec 2024 monthly Jan 1999 - Dec 2024
Denmark (%) 11.3 Apr 2023 monthly Jan 2001 - Apr 2023
Ecuador (%) 30.3 Sep 2020 monthly Jan 2017 - Sep 2020
Egypt (%) 2.0 Nov 2024 monthly Aug 2004 - Nov 2024
Estonia (%) -15.1 Apr 2023 monthly Jan 1999 - Apr 2023
European Union (%) 0.6 Apr 2023 monthly Jan 1992 - Apr 2023
Finland (%) -2.4 Apr 2023 monthly Jan 1955 - Apr 2023
France (%) 2.6 May 2023 monthly Jan 1991 - May 2023
Georgia (%) -1.2 Sep 2024 quarterly Mar 2002 - Sep 2024
Germany (%) -3.1 Dec 2024 monthly Jan 1959 - Dec 2024
Greece (%) 4.2 Apr 2023 monthly Jan 1991 - Apr 2023
Hong Kong SAR, China (%) -0.1 Sep 2024 quarterly Mar 1983 - Sep 2024
Hungary (%) -4.6 May 2023 monthly Jan 1986 - May 2023
Iceland (%) 11.7 2018 yearly 2008 - 2018
India (%) 5.2 Nov 2024 monthly Apr 2006 - Nov 2024
Indonesia (%) 2.2 Sep 2024 monthly Jan 1999 - Sep 2024
Iran (%) 12.7 Mar 2017 monthly Jan 1958 - Mar 2017
Ireland (%) 27.4 Apr 2023 monthly Jul 1976 - Apr 2023
Israel (%) 3.7 Nov 2024 monthly Jan 1991 - Nov 2024
Italy (%) -7.0 Apr 2023 monthly Jan 1954 - Apr 2023
Ivory Coast (%) 0.9 Sep 2024 monthly Feb 2022 - Sep 2024
Japan (%) -2.8 Dec 2024 monthly Jan 1954 - Dec 2024
Jordan (%) 3.1 Nov 2024 monthly Jan 2003 - Nov 2024
Kazakhstan (%) 3.8 Dec 2024 monthly Feb 2001 - Dec 2024
Kenya (%) 2.8 2023 yearly 2002 - 2023
South Korea (%) 4.8 Dec 2024 monthly Jan 1958 - Dec 2024
Kuwait (%) -10.0 Mar 2017 monthly Jan 1966 - Mar 2017
Kyrgyzstan (%) 12.4 Dec 2024 monthly Jan 1999 - Dec 2024
Latvia (%) -8.7 May 2023 monthly Jan 2001 - May 2023
Lebanon (%) 10.6 2010 yearly 1998 - 2010
Lithuania (%) 5.8 Dec 2024 monthly Jan 1999 - Dec 2024
Luxembourg (%) -5.5 Nov 2024 monthly Jan 2011 - Nov 2024
Macau SAR, China (%) 10.5 Mar 2024 quarterly Mar 2001 - Mar 2024
North Macedonia (%) -1.4 Dec 2024 monthly Jan 2004 - Dec 2024
Malawi (%) 6.7 May 2024 monthly Jan 2014 - May 2024
Malaysia (%) 4.6 Dec 2024 monthly Jan 2011 - Dec 2024
Malta (%) 14.5 Apr 2023 monthly Jan 2001 - Apr 2023
Mauritius (%) -0.7 Dec 2021 quarterly Mar 2015 - Dec 2021
Mexico (%) -3.3 Oct 2024 monthly Jan 1981 - Oct 2024
Moldova (%) -8.5 Oct 2024 monthly Jan 2004 - Oct 2024
Mongolia (%) 105.6 May 2023 monthly Jan 2010 - May 2023
Montenegro (%) 7.9 Dec 2024 monthly Jan 2001 - Dec 2024
Morocco (%) 9.2 Sep 2024 quarterly Mar 1979 - Sep 2024
Mozambique (%) -2.1 Jun 2023 monthly Jun 2012 - Jun 2023
Nepal (%) 7.9 Jul 2018 quarterly Oct 2016 - Jul 2018
Netherlands (%) -12.4 Apr 2023 monthly Jan 2001 - Apr 2023
New Zealand (%) -3.7 Sep 2023 quarterly Jun 1978 - Sep 2023
Nigeria (%) 4.1 Jun 2024 quarterly Mar 2011 - Jun 2024
Norway (%) -5.1 Apr 2023 monthly Jan 1991 - Apr 2023
Oman (%) -1.9 Apr 2017 monthly Jul 1968 - Apr 2017
Pakistan (%) -3.8 Nov 2024 monthly May 1998 - Nov 2024
Palestinian Territory (%) 5.2 Dec 2024 monthly Jan 2012 - Dec 2024
Panama (%) 0.8 Dec 2021 monthly Jan 2004 - Dec 2021
Peru (%) 6.7 Nov 2024 monthly Jan 1994 - Nov 2024
Philippines (%) 0.2 Dec 2024 monthly Jan 2002 - Dec 2024
Poland (%) -2.4 May 2023 monthly Jan 1998 - May 2023
Portugal (%) -3.7 Jun 2023 monthly Jan 1996 - Jun 2023
Qatar (%) -11.2 Mar 2017 monthly Jan 1958 - Mar 2017
Romania (%) -4.7 Apr 2023 monthly Jan 2006 - Apr 2023
Russia (%) 8.2 Dec 2024 monthly Jan 2014 - Dec 2024
Saudi Arabia (%) -10.5 Dec 2023 monthly Jan 2019 - Dec 2023
Serbia (%) 0.6 May 2023 monthly Jan 2001 - May 2023
Singapore (%) 10.4 Dec 2024 monthly Jan 1984 - Dec 2024
Slovakia (%) -2.0 Apr 2023 monthly Jan 1999 - Apr 2023
Slovenia (%) -8.8 Apr 2023 monthly Dec 1992 - Apr 2023
South Africa (%) -2.1 Nov 2024 monthly Jan 1962 - Nov 2024
Spain (%) -0.1 May 2023 monthly Jan 1962 - May 2023
Sri Lanka (%) -8.2 Apr 2023 monthly Jan 2016 - Apr 2023
Sweden (%) 2.4 Apr 2023 monthly Jan 1981 - Apr 2023
Switzerland (%) -0.9 Sep 2024 monthly Oct 2010 - Sep 2024
Syria (%) -11.1 2022 yearly 1966 - 2022
Taiwan (%) 18.3 Dec 2024 monthly Jan 1997 - Dec 2024
Tajikistan (%) 15.3 Nov 2024 monthly Jan 2000 - Nov 2024
Thailand (%) -1.9 Dec 2024 monthly Jan 2012 - Dec 2024
Tunisia (%) 1.8 Jun 2024 monthly Jan 2001 - Jun 2024
Turkey (%) -0.9 Apr 2023 monthly Jan 1987 - Apr 2023
Ukraine (%) 1.3 Sep 2024 monthly Dec 2000 - Sep 2024
United Arab Emirates (%) 2.2 Mar 2017 monthly Jan 1975 - Mar 2017
United Kingdom (%) -1.8 Apr 2023 monthly Jan 1949 - Apr 2023
United States (%) 0.5 Dec 2024 monthly Jan 1920 - Dec 2024

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Saudi Arabia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
Consolidated Fiscal Balance (USD mn) -30,666.667 2024 yearly 1969 - 2024
National Government Debt (USD mn) 319,733.3 2024 yearly 2004 - 2024
Government Debt: % of GDP (%) 28.5 Sep 2024 quarterly Dec 2016 - Sep 2024
Forecast: Government Expenditure (SAR bn) 1,583.493 2029 yearly 1990 - 2029
Forecast: Government Net Debt (SAR bn) 1,862.699 2029 yearly 1991 - 2029
Forecast: Government Revenue (SAR bn) 1,433.631 2029 yearly 1991 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.415 2028 yearly 1980 - 2028
Trade Balance (USD mn) 113,078.6 2023 yearly 1957 - 2023
Total Exports (USD mn) 24,146.3 Nov 2024 monthly Jan 2015 - Nov 2024
Total Exports Growth (%) -4.7 Nov 2024 monthly Jan 2016 - Nov 2024
Aluminum: Exports (USD th) 2,151,060.164 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 595,269.369 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 22,383.089 2023 yearly 1995 - 2023
Total Imports (USD mn) 19,640.4 Nov 2024 monthly Jan 2005 - Nov 2024
Total Imports Growth (%) 13.9 Nov 2024 monthly Jan 2006 - Nov 2024
Imports: Medicament (USD th) 5,014,506.913 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,727,931.691 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 993.174 Nov 2024 monthly Jan 2017 - Nov 2024
Total Imports from USA (USD mn) 2,006.098 Nov 2024 monthly Jan 2005 - Nov 2024
Total Exports to China (USD mn) 3,608.639 Nov 2024 monthly Jan 2017 - Nov 2024
Total Imports from China (USD mn) 5,364.290 Nov 2024 monthly Jan 1981 - Nov 2024
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: ow USA (SAR mn) 3,724.401 Nov 2024 monthly Jan 2017 - Nov 2024
Exports: ow China (SAR mn) 13,532.397 Nov 2024 monthly Jan 2017 - Nov 2024
Exports: India (SAR mn) 8,744.995 Nov 2024 monthly Jan 2017 - Nov 2024
Exports: South Korea (SAR mn) 8,347.928 Nov 2024 monthly Jan 2017 - Nov 2024
Exports: Value: Asia: India (SAR mn) 113,354.282 2023 yearly 1984 - 2023
Exports: Value: North America: USA (SAR mn) 58,495.428 2023 yearly 1984 - 2023
Exports: Value: Asia: Japan (SAR mn) 121,831.325 2023 yearly 1984 - 2023
Exports: Value: Asia: China Mainland (SAR mn) 199,331.298 2023 yearly 1984 - 2023
Exports: Value: Asia: South Korea (SAR mn) 107,208.022 2023 yearly 1984 - 2023
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 17,249.487 2023 yearly 1970 - 2023
Imports: HS: Value: MC: Mineral Products (SAR mn) 61,579.696 2023 yearly 1983 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 105,681.247 2023 yearly 1970 - 2023
Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 33,637.828 2023 yearly 1970 - 2023
Imports: HS: Value: Transport Equipment (SAR mn) 118,665.412 2023 yearly 1970 - 2023
Imports: Value: Asia: South Korea (SAR mn) 22,618.912 2023 yearly 1984 - 2023
Imports: Value: European Union: Germany (SAR mn) 34,218.595 2023 yearly 1984 - 2023
Imports: Value: Asia: China Mainland (SAR mn) 162,549.731 2023 yearly 1984 - 2023
Imports: Value: North America: USA (SAR mn) 70,584.316 2023 yearly 1984 - 2023
Imports: Value: Asia: Japan (SAR mn) 30,693.439 2023 yearly 1984 - 2023
Export Value Index (2015=100) 135.681 2021 yearly 1980 - 2021
Import Value Index (2015=100) 87.505 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 115.814 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 104.491 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,746.1 Sep 2024 quarterly Mar 2006 - Sep 2024
Current Account Balance (USD mn) -8,790.1 Sep 2024 quarterly Mar 2006 - Sep 2024
Current Account Balance: % of GDP (%) -3.3 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment (USD mn) 4,255.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment: % of GDP (%) 1.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Portfolio Investment (USD mn) 6,044.079 Sep 2024 quarterly Mar 2008 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 2.3 Sep 2024 quarterly Mar 2008 - Sep 2024
Forecast: Current Account Balance (USD bn) -37.538 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 765,219.433 2023 yearly 2007 - 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 1,306.235 Sep 2024 quarterly Mar 2018 - Sep 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 4,737.844 Sep 2024 quarterly Mar 2018 - Sep 2024
BoP: USD: FA: Other Investment: Assets (USD mn) 3,644.042 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment (USD mn) -17,689.915 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 17,690.709 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 26,126.658 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment: Liabilities (USD mn) 21,333.957 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Secondary Income (USD mn) -13,383.060 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment (USD mn) 11,646.630 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: Errors and Omissions (USD mn) -6,661.703 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: Financial Account (FA) (USD mn) -16,358.424 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 54,477.369 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 6,044.079 Sep 2024 quarterly Mar 2008 - Sep 2024
BoP: USD: CA: Primary Income: Debit (USD mn) 8,751.144 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Reserve Assets (USD mn) -10,805.656 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 10,114.940 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Direct Investment: Assets (USD mn) 4,746.140 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 73,942.498 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services (USD mn) -16,011.717 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 9,890.738 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Direct Investment (USD mn) 490.518 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods (USD mn) 19,465.129 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income (USD mn) 1,139.594 Sep 2024 quarterly Mar 2006 - Sep 2024
IIP: Assets (SAR mn) 5,362,114.700 2023 yearly 2007 - 2023
International Investment Position (IIP) (SAR mn) 2,869,572.875 2023 yearly 2007 - 2023
IIP: Liabilities (SAR mn) 2,492,541.825 2023 yearly 2007 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Sep 2024 quarterly Mar 2009 - Sep 2024
Household Debt: % of GDP (%) 12.1 Sep 2024 quarterly Dec 2003 - Sep 2024
Money Supply M1 (USD mn) 445,261.016 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply M2 (USD mn) 698,516.458 Dec 2024 monthly Jan 1993 - Dec 2024
M2 Growth (%) 9.7 Dec 2024 monthly Jan 1994 - Dec 2024
Reserve Requirement Ratio (%) 7.0 Jan 2025 monthly Mar 1980 - Jan 2025
Foreign Exchange Reserves (USD mn) 413,014.1 Dec 2024 monthly Jan 2001 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 39.870 Sep 2024 quarterly Dec 2003 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 23.9 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Jan 2025 monthly Dec 1957 - Jan 2025
Total Deposits (USD mn) 717,969.099 Dec 2024 monthly Jan 1993 - Dec 2024
Total Deposits Growth (%) 8.9 Dec 2024 monthly Jan 1994 - Dec 2024
Domestic Credit (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Domestic Credit Growth (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Credit to Households (USD bn) 362.740 Jun 2024 quarterly Mar 1998 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 836.762 Jun 2024 quarterly Mar 1993 - Jun 2024
Household Debt (USD mn) 133,960.5 Dec 2024 quarterly Mar 1998 - Dec 2024
Total Loans (USD mn) 788,146.680 Dec 2024 monthly Jan 1997 - Dec 2024
Total Loans Growth (%) 14.39 Dec 2024 monthly Jan 1998 - Dec 2024
Private Debt: % of Nominal GDP (%) 67.34 Sep 2024 quarterly Dec 2003 - Sep 2024
Base Money (SAR mn) 405,816.348 Dec 2024 monthly Jan 2000 - Dec 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,921,472.319 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply: M3: M2: M1 (SAR mn) 1,669,728.809 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply: M3: M2 (SAR mn) 2,619,436.716 Dec 2024 monthly Jan 1993 - Dec 2024
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 532,724.681 Dec 2024 monthly Jan 2001 - Dec 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Official Reserve Assets (SAR mn) 1,628,755.763 Jan 2025 monthly Jan 2001 - Jan 2025
Banks Deposits: Demand: Business and Individuals (SAR mn) 1,159,067.903 Dec 2024 monthly Jan 1993 - Dec 2024
Banks Deposits (SAR mn) 2,692,384.123 Dec 2024 monthly Jan 1993 - Dec 2024
Bank Loans: Consumer (SAR mn) 470,985.975 Dec 2024 quarterly Mar 1998 - Dec 2024

More Indicators for Saudi Arabia

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