Industrial production in Saudi Arabia rose by 8.9% year-on-year in December 2025, easing from a three-year high of 10.4% in the previous month. Growth in oil activities slowed (10.1% vs 12.9% in November), as output of coke and refined petroleum products tumbled (-3.6% vs 14.5%), offsetting stronger gains in the extraction of crude petroleum and natural gas (13.2% vs 12.6%). Meanwhile, non-oil activities expanded at a faster pace (5.8% vs 4.4%), despite a moderation in manufacturing output (3.2% vs 8.1%) and in water supply, sewerage, waste management, and remediation activities (9.4% vs 10.2%). In addition, the decline in electricity, gas, steam, and air-conditioning supply eased (-2.5% vs -4.3%) moderated. On a monthly basis, industrial activity fell 0.1%, notably improving from an upwardly revised 1.3% drop in November 2025.

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