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
 
Meanwhile, remittances sent by Saudi nationals to other countries fell 18% YoY to SAR 4.24 billion in October.

 

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
 

For More Reports

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Expat remittances from Saudi Arabia rise 29% to SAR 13.2 bln in September

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request