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

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country/region Last Frequency Range
Albania (%) -13.5 Jun 2023 quarterly Mar 2006 - Jun 2023
Algeria (%) 7.1 Sep 2023 quarterly Mar 1996 - Sep 2023
Argentina (2004=100) 102.9 Jan 2024 monthly Jan 2016 - Jan 2024
Armenia (%) 23.8 Nov 2023 monthly Jan 2008 - Nov 2023
Australia (%) 0.0 Dec 2023 quarterly Sep 1975 - Dec 2023
Austria (%) 1.1 Apr 2023 monthly Jan 1958 - Apr 2023
Azerbaijan (%) -2.5 Jan 2024 monthly Dec 2009 - Jan 2024
Bangladesh (%) -0.8 Oct 2023 monthly Jul 1974 - Oct 2023
Belarus (%) 5.4 Jan 2024 monthly Jan 2002 - Jan 2024
Belgium (%) -3.8 Apr 2023 monthly Jan 1956 - Apr 2023
Bolivia (%) -0.5 2019 yearly 1991 - 2019
Bosnia and Herzegovina (%) -9.1 Dec 2023 monthly Jan 2007 - Dec 2023
Brazil (%) 1.5 Jan 2024 monthly Jan 1986 - Jan 2024
Bulgaria (%) -10.8 Apr 2023 monthly Jan 2001 - Apr 2023
Canada (%) 0.4 Jan 2024 monthly Jan 1958 - Jan 2024
Chile (%) 1.9 Jan 2024 monthly Jan 2010 - Jan 2024
China (%) 6.8 Dec 2023 monthly Jan 1995 - Dec 2023
Colombia (%) -3.2 Dec 2023 monthly Jan 1981 - Dec 2023
Croatia (%) 0.4 May 2023 monthly Jan 1999 - May 2023
Cyprus (%) 2.3 Dec 2023 monthly Jan 2001 - Dec 2023
Czech Republic (%) -0.3 Dec 2023 monthly Jan 1999 - Dec 2023
Denmark (%) 11.3 Apr 2023 monthly Jan 2001 - Apr 2023
Ecuador (%) 30.3 Sep 2020 monthly Jan 2017 - Sep 2020
Egypt (%) -2.4 Dec 2023 monthly Jan 2021 - Dec 2023
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 (%) -3.2 Jun 2023 quarterly Mar 2002 - Jun 2023
Germany (%) -5.4 Jan 2024 monthly Jan 1959 - Jan 2024
Greece (%) 4.2 Apr 2023 monthly Jan 1991 - Apr 2023
Hong Kong SAR, China (%) 4.1 Dec 2023 quarterly Mar 1983 - Dec 2023
Hungary (%) -4.6 May 2023 monthly Jan 1986 - May 2023
Iceland (%) 11.7 2018 yearly 2008 - 2018
India (%) 3.8 Jan 2024 monthly Apr 2006 - Jan 2024
Indonesia (%) -1.0 Dec 2023 monthly Jan 1999 - Dec 2023
Iran (%) 12.7 Mar 2017 monthly Jan 1958 - Mar 2017
Ireland (%) 27.4 Apr 2023 monthly Jul 1976 - Apr 2023
Israel (%) -4.8 Dec 2023 monthly Jan 2005 - Dec 2023
Italy (%) -7.0 Apr 2023 monthly Jan 1954 - Apr 2023
Ivory Coast (%) 6.6 Dec 2023 monthly Feb 2022 - Dec 2023
Japan (%) -3.2 Jan 2024 monthly Jan 1954 - Jan 2024
Jordan (%) -5.9 Jan 2024 monthly Jan 2003 - Jan 2024
Kazakhstan (%) 3.6 Dec 2023 monthly Feb 2001 - Dec 2023
Kenya (%) 5.9 2021 yearly 2002 - 2021
South Korea (%) 5.8 Jan 2024 monthly Jan 1958 - Jan 2024
Kuwait (%) -10.0 Mar 2017 monthly Jan 1966 - Mar 2017
Kyrgyzstan (%) -0.8 Feb 2024 monthly Jan 1999 - Feb 2024
Latvia (%) -8.7 May 2023 monthly Jan 2001 - May 2023
Lebanon (%) 10.6 2010 yearly 1998 - 2010
Lithuania (%) 5.0 Jan 2024 monthly Jan 1999 - Jan 2024
Luxembourg (%) -6.9 Dec 2023 monthly Jan 2011 - Dec 2023
Macau SAR, China (%) 7.3 Dec 2023 quarterly Mar 2001 - Dec 2023
North Macedonia (%) -2.3 Nov 2023 monthly Jan 2004 - Nov 2023
Malawi (%) 68.2 Dec 2022 monthly Jan 2014 - Dec 2022
Malaysia (%) 3.3 Jan 2024 monthly Jan 2011 - Jan 2024
Malta (%) 14.5 Apr 2023 monthly Jan 2001 - Apr 2023
Mauritius (%) -0.7 Dec 2021 quarterly Mar 2015 - Dec 2021
Mexico (%) 1.9 Jan 2024 monthly Jan 1981 - Jan 2024
Moldova (%) 1.1 Dec 2023 monthly Jan 2004 - Dec 2023
Mongolia (%) 105.6 May 2023 monthly Jan 2010 - May 2023
Montenegro (%) -10.7 Dec 2023 monthly Jan 2001 - Dec 2023
Morocco (%) 1.0 Sep 2023 quarterly Mar 1979 - Sep 2023
Mozambique (%) -11.4 Mar 2023 monthly Jun 2012 - Mar 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 (%) -3.1 Jun 2023 quarterly Mar 2011 - Jun 2023
Norway (%) -5.1 Apr 2023 monthly Jan 1991 - Apr 2023
Oman (%) -1.9 Apr 2017 monthly Jul 1968 - Apr 2017
Pakistan (%) 6.4 Dec 2023 monthly May 1998 - Dec 2023
Palestinian Territory (%) -25.3 Jan 2024 monthly Jan 2012 - Jan 2024
Panama (%) 0.8 Dec 2021 monthly Jan 2004 - Dec 2021
Peru (%) -10.9 Dec 2023 monthly Jan 1994 - Dec 2023
Philippines (%) 1.9 Jan 2024 monthly Jan 2002 - Jan 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 (%) 4.6 Jan 2024 monthly Jan 2014 - Jan 2024
Saudi Arabia (%) -10.5 Dec 2023 monthly Jan 2019 - Dec 2023
Serbia (%) 0.6 May 2023 monthly Jan 2001 - May 2023
Singapore (%) -6.6 Jan 2024 monthly Jan 1984 - Jan 2024
Slovakia (%) -2.0 Apr 2023 monthly Jan 1999 - Apr 2023
Slovenia (%) -8.8 Apr 2023 monthly Dec 1992 - Apr 2023
South Africa (%) 1.8 Oct 2023 monthly Jan 1962 - Oct 2023
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 (%) -0.3 Dec 2023 monthly Oct 2010 - Dec 2023
Syria (%) -10.0 2021 yearly 1966 - 2021
Taiwan (%) 1.8 Jan 2024 monthly Jan 1997 - Jan 2024
Tajikistan (%) 6.0 Jan 2024 monthly Jan 2000 - Jan 2024
Thailand (%) -4.4 Jan 2024 monthly Jan 2012 - Jan 2024
Tunisia (%) -2.1 Sep 2023 monthly Jan 2001 - Sep 2023
Turkey (%) -0.9 Apr 2023 monthly Jan 1987 - Apr 2023
Ukraine (%) 11.7 Sep 2023 monthly Dec 2000 - Sep 2023
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 (%) 0.0 Jan 2024 monthly Jan 1920 - Jan 2024

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Saudi Arabia Key Series

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Includes 191 key indicators for Saudi Arabia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
Consolidated Fiscal Balance (USD mn) -21,585.731 2023 yearly 1969 - 2023
National Government Debt (USD mn) 273,066.7 2023 yearly 2004 - 2023
Government Debt: % of GDP (%) 26.2 Dec 2023 quarterly Dec 2016 - Dec 2023
Forecast: Government Expenditure (SAR bn) 1,344.120 2028 yearly 1990 - 2028
Forecast: Government Net Debt (SAR bn) 806.352 2028 yearly 1991 - 2028
Forecast: Government Revenue (SAR bn) 1,374.230 2028 yearly 1991 - 2028
Public Debt (SAR mn) 87,982.516 2023 yearly 2004 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.415 2028 yearly 1980 - 2028
Trade Balance (USD mn) 111,202.9 2023 yearly 1957 - 2023
Total Exports (USD mn) 26,268.1 Dec 2023 monthly Jan 2015 - Dec 2023
Total Exports Growth (%) -9.7 Dec 2023 monthly Jan 2016 - Dec 2023
Aluminum: Exports (USD th) 3,177,047.652 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 545,269.271 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 22,592.765 2022 yearly 1995 - 2022
Total Imports (USD mn) 16,094.5 Dec 2023 monthly Jan 2005 - Dec 2023
Total Imports Growth (%) -7.1 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: Medicament (USD th) 5,358,995.860 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,078,407.217 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,345.368 Dec 2023 monthly Jan 2017 - Dec 2023
Total Imports from USA (USD mn) 1,305.212 Dec 2023 monthly Jan 2005 - Dec 2023
Total Exports to China (USD mn) 3,884.679 Dec 2023 monthly Jan 2017 - Dec 2023
Total Imports from China (USD mn) 3,385.876 Dec 2023 monthly Jan 1981 - Dec 2023
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: ow USA (SAR mn) 5,045.130 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: India (SAR mn) 8,675.473 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: South Korea (SAR mn) 8,646.712 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: Value (SAR mn) 98,505.349 Dec 2023 monthly Jan 2015 - Dec 2023
Exports: ow China (SAR mn) 14,567.547 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: Value: Asia: India (SAR mn) 157,187.346 2022 yearly 1984 - 2022
Imports: HS: Value: MC: Mineral Products (SAR mn) 60,441.675 2023 yearly 1983 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 103,472.691 2023 yearly 1970 - 2023
Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 33,729.880 2023 yearly 1970 - 2023
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 17,042.009 2023 yearly 1970 - 2023
Imports: HS: Value: Transport Equipment (SAR mn) 138,396.368 2023 yearly 1970 - 2023
Imports: Value: Asia: South Korea (SAR mn) 19,767.343 2022 yearly 1984 - 2022
Imports: Value: European Union: Germany (SAR mn) 30,000.405 2022 yearly 1984 - 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,968.2 Sep 2023 quarterly Mar 2006 - Sep 2023
Current Account Balance (USD mn) 4,623.3 Sep 2023 quarterly Mar 2006 - Sep 2023
Current Account Balance: % of GDP (%) 1.9 Sep 2023 quarterly Mar 2006 - Sep 2023
Foreign Direct Investment (USD mn) 2,130.7 Sep 2023 quarterly Mar 2006 - Sep 2023
Foreign Direct Investment: % of GDP (%) 0.8 Sep 2023 quarterly Mar 2006 - Sep 2023
Foreign Portfolio Investment (USD mn) 1,690.650 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 0.6 Sep 2023 quarterly Mar 2008 - Sep 2023
Forecast: Current Account Balance (USD bn) 6.924 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 786,058.406 2022 yearly 2007 - 2022
BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 1,074.043 Sep 2023 quarterly Mar 2018 - Sep 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 616.607 Sep 2023 quarterly Mar 2018 - Sep 2023
BoP: USD: FA: Other Investment: Assets (USD mn) 5,760.648 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Portfolio Investment (USD mn) 3,055.235 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 4,754.344 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 80,150.973 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Reserve Assets (USD mn) -3,715.950 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 50,194.672 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Direct Investment: Assets (USD mn) 4,590.724 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Primary Income: Debit (USD mn) 5,224.457 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: Errors and Omissions (USD mn) -1,431.054 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 23,560.847 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Services (USD mn) -15,522.906 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: Financial Account (FA) (USD mn) 1,967.752 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Secondary Income (USD mn) -11,814.294 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 8,037.941 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Goods & Services: Goods (USD mn) 29,956.301 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Primary Income: Credit (USD mn) 7,228.677 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: CA: Primary Income (USD mn) 2,004.220 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Other Investment (USD mn) 485.458 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Direct Investment (USD mn) 2,460.004 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Other Investment: Liabilities (USD mn) 5,275.189 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 1,690.650 Sep 2023 quarterly Mar 2008 - Sep 2023
IIP: Assets (SAR mn) 5,089,341.035 2022 yearly 2007 - 2022
IIP: Liabilities (SAR mn) 2,141,622.012 2022 yearly 2007 - 2022
International Investment Position (IIP) (SAR mn) 2,947,719.023 2022 yearly 2007 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Sep 2023 quarterly Mar 2009 - Sep 2023
Household Debt: % of GDP (%) 11.7 Dec 2023 quarterly Dec 2003 - Dec 2023
Money Supply M1 (USD mn) 407,936.605 Jan 2024 monthly Jan 1993 - Jan 2024
Money Supply M2 (USD mn) 638,422.273 Jan 2024 monthly Jan 1993 - Jan 2024
M2 Growth (%) 10.7 Jan 2024 monthly Jan 1994 - Jan 2024
Reserve Requirement Ratio (%) 7.0 Feb 2024 monthly Mar 1980 - Feb 2024
Foreign Exchange Reserves (USD mn) 414,110.8 Jan 2024 monthly Jan 2001 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 38.579 Dec 2023 quarterly Dec 2003 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 23.4 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Feb 2024 monthly Dec 1957 - Feb 2024
Total Deposits (USD mn) 668,973.360 Jan 2024 monthly Jan 1993 - Jan 2024
Total Deposits Growth (%) 10.3 Jan 2024 monthly Jan 1994 - Jan 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) 343.508 Sep 2023 quarterly Mar 1998 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 784.198 Sep 2023 quarterly Mar 1993 - Sep 2023
Household Debt (USD mn) 125,038.9 Dec 2023 quarterly Mar 1998 - Dec 2023
Total Loans (USD mn) 699,126.946 Jan 2024 monthly Jan 1997 - Jan 2024
Total Loans Growth (%) 10.74 Jan 2024 monthly Jan 1998 - Jan 2024
Private Debt: % of Nominal GDP (%) 61.93 Dec 2023 quarterly Dec 2003 - Dec 2023
Base Money (SAR mn) 382,248.004 Feb 2024 monthly Jan 2000 - Feb 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,720,957.098 Jan 2024 monthly Jan 1993 - Jan 2024
Money Supply: M3: M2 (SAR mn) 2,394,083.525 Jan 2024 monthly Jan 1993 - Jan 2024
Money Supply: M3: M2: M1 (SAR mn) 1,529,762.267 Jan 2024 monthly Jan 1993 - Jan 2024
Official Reserve Assets (SAR mn) 1,619,150.958 Feb 2024 monthly Jan 2001 - Feb 2024
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 563,130.152 Jan 2024 monthly Jan 2001 - Jan 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019

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