FX.co ★ Saudi Arabia Industrial Output Growth Eases

In April 2025, Saudi Arabia experienced a 3.1% year-on-year increase in industrial production, a modest reduction from a revised 3.4% growth the previous month. This expansion was largely fueled by a 7.4% surge in manufacturing output, driven by notable advancements in the production of coke and refined petroleum products, which saw an impressive rise of 22.6%, and chemicals and chemical products, which increased by 9.1%. Additionally, mining and quarrying activities noted a 0.2% uptick, with oil production climbing to 9.01 million barrels per day, compared to 8.99 million in April 2024. The sector encompassing water supply, sewerage, waste management, and remediation also demonstrated robust progress, growing by 8.8%. Conversely, the supply of electricity, gas, steam, and air conditioning saw a slight decline, dipping by 0.2%. On a month-on-month basis, industrial output grew by 0.6%, following a revised upward increase of 2.6% in March.