The Kingdom’s non-oil activities index rose by 5.3%

The General Authority for Statistics revealed that the annual industrial production index for 2024 decreased by 2.3% compared to 2023. This decline was primarily attributed to a 5.2% decline in the oil activities index compared to 2023. Meanwhile, the non-oil activities index rose by 5.3%, reflecting the improved performance of all non-oil economic activities compared to 2023.

The mining and quarrying activity index declined by 6.8% in 2024 compared to 2023, while the manufacturing activity index rose by 4.7%, supported by higher performance in sub-activities. The annual index for the manufacture of coke and refined petroleum products increased by 2.8%, while the annual index for the manufacture of chemicals and chemical products increased by 2.9% and the manufacture of food products increased by 6.2%, respectively. The annual index for electricity, gas, steam, and air conditioning supply activities increased by 3.5%, while the annual index for water supply, sanitation, waste management, and treatment activities increased by 1.6% compared to 2023.