Industrial production in Saudi Arabia expanded by 10.3 percent year-on-year in November 2021, accelerating sharply from a 7.7 percent rise in the previous month. It was the fastest rate in industrial production since June, as production grew faster for mining and quarrying (10.4 percent vs 9.1 percent in October), manufacturing (9.7 percent vs 4.0 percent), and electricity and gas supply (11.9 percent vs 4.7 percent). On a seasonally adjusted monthly basis, industrial output rose by 2.0 percent in November, following a 1.7 percent gain in the prior month. source: Central Department of Statistics and Information
Industrial Production in Saudi Arabia averaged 0.98 percent from 1963 until 2021, reaching an all time high of 25.90 percent in December of 1973 and a record low of -24.90 percent in December of 1982. This page provides - Saudi Arabia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Industrial Production in Saudi Arabia is expected to be 16.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Industrial Production is projected to trend around 9.90 percent in 2023, according to our econometric models.