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Expat remittances from Saudi Arabia rise 19% to SAR 13.2 bln in October 2020
Remittances from expatriates in Saudi Arabia rose by 19% year-on-year (YoY) to SAR 13.16 billion in October 2020, according to recent data released by the Saudi Central Bank (SAMA).
Compared to September 2020, remittances from expatriates in Saudi Arabia declined around 0.4%, or SAR 49 million.
|
Remittances by Expatriates (SAR bln) |
|||
|
Variation |
2020 |
2019 |
Month |
|
(2%) |
10.79 |
11.02 |
January |
|
+12% |
10.84 |
9.65 |
February |
|
+9% |
12.22 |
11.26 |
March |
|
(9%) |
9.79 |
10.72 |
April |
|
+18% |
11.83 |
9.99 |
May |
|
+60% |
13.96 |
8.71 |
June |
|
+33% |
15.21 |
11.46 |
July |
|
+25% |
12.38 |
9.92 |
August |
|
+29% |
13.21 |
10.28 |
September |
|
+19% |
13.16 |
11.04 |
October |
|
-- |
-- |
9.91 |
November |
|
-- |
-- |
11.56 |
December |
|
Remittances by Saudi Nationals (SAR bln) |
|||
|
Variation |
2020 |
2019 |
Month |
|
(20%) |
3.90 |
4.91 |
January |
|
+2% |
4.25 |
4.18 |
February |
|
+21% |
5.16 |
4.27 |
March |
|
(42%) |
2.95 |
5.06 |
April |
|
(52%) |
2.98 |
6.21 |
May |
|
+17% |
4.11 |
3.51 |
June |
|
(29%) |
3.83 |
5.43 |
July |
|
(11%) |
3.49 |
3.90 |
August |
|
(11%) |
4.02 |
4.53 |
September |
|
(18%) |
4.24 |
5.19 |
October |
|
-- |
-- |
5.95 |
November |
|
-- |
-- |
4.96 |
December |
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