the industryIndustry began in Saudi Arabia with thea succession of petroleum discoveries in the thirties of the twentieth century AD1930s, and the founding of Aramco, and before that, it was limited to traditional crafts and handicrafts.
The Saudi industry has witnessed a new transformation with the launch, ofby Prince Mohammed bin Salman in January 2019, of the National Industry Development and Logistics Program within Saudi Vision 2030, which contains 330 initiatives that will achieve more than a third of the vision's goals.
SupportingSupport for the industrial sector raises the Kingdom's ranking in the G20.
Over the years, the Saudi industrial production began to grow, until the gross domestic product
, at constant prices for manufacturing industries, reached 319.5 billion Saudi riyals by the end of 2018, after it wasrising from 32 billion in 1974, and between. Between 1974-2018, the Kingdom witnessed a significant increase, from 206 to 7,630, in the number of factories producing from 206 to 7,630 factoriesin production.
The sector’s growth
ratesrate continued to rise, as the industry currently accounts for approximately (12%) of the GDP, and Saudi Arabia aims to reach in 2030 the rate of 33% of the industrial sector’s contribution to the GDP, in 2030.
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific period.

The industrial production index (IPI) is a monthly economic indicator measuring real output in the manufacturing, mining, electric, and gas industries, relative to a base year.
Industrial productions are often influenced by seasonal fluctuations
, and trend fluctuations, which cover relevant short and long-term movements of the time series.
The climaticClimatic and natural factors may also influence onthe consumption and production behavior of industries.
Industrial production: the process of transforming raw materials (inputs) into final consumables in the form of (production outputs), to achieve a material return to the facility.

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