10.06.202606:21:49UTC+00Saudi Industrial Output Tumbles Most Since 2021

Industrial production in Saudi Arabia tumbled 19.1% year-on-year in April 2026, deepening from an upwardly revised 15.8% decline in March. This was the sharpest annual contraction since April 2021, driven by a 27.8% slump in oil-related activities, amid steep drops in crude petroleum and natural gas extraction (-29.9%) and in coke and refined petroleum products (-18.7%).

In contrast, non-oil activities grew 2.1%, supported by a 0.3% increase in manufacturing, led by the manufacture of non-metallic mineral products (5.7%) and basic metals (10.4%). Output in other economic activities rose 4.1%, boosted by strong gains in electricity, gas, steam and air-conditioning supply (20.8%), as well as in water supply, sewerage, waste management and remediation (8.8%).

On a monthly basis, industrial output fell 6.8% in April, a much smaller decline than the upwardly revised 23.8% plunge recorded in March.