$100 currency
Remittances from expatriates in Saudi Arabia increased by 4% year-on-year (YoY) to SAR 12.52 billion in January 2022, according to recent data released by the Saudi Central Bank (SAMA).
Compared to December 2021, remittances from expatriates in Saudi Arabia rose 13%, or SAR 1.42 billion.
|
Remittances by Expatriates (SAR bln) |
|||
|
Month |
2021 |
2022 |
Change |
|
January |
12.06 |
12.52 |
+4% |
|
February |
11.30 |
-- |
-- |
|
March |
14.05 |
-- |
-- |
|
April |
13.28 |
-- |
-- |
|
May |
12.53 |
-- |
-- |
|
June |
13.49 |
-- |
-- |
|
July |
12.52 |
-- |
-- |
|
August |
13.74 |
-- |
-- |
|
September |
13.35 |
-- |
-- |
|
October |
13.47 |
-- |
-- |
|
November |
12.97 |
-- |
-- |
|
December |
11.10 |
-- |
-- |
Meanwhile, remittances sent by Saudi nationals to other countries rose 45% YoY to SAR 6.21 billion in January.
|
Remittances by Saudi Nationals (SAR bln) |
|||
|
Month |
2021 |
2022 |
Change |
|
January |
4.27 |
6.21 |
+45% |
|
February |
4.08 |
-- |
-- |
|
March |
6.52 |
-- |
-- |
|
April |
4.94 |
-- |
-- |
|
May |
5.13 |
-- |
-- |
|
June |
6.42 |
-- |
-- |
|
July |
4.14 |
-- |
-- |
|
August |
5.74 |
-- |
-- |
|
September |
5.79 |
-- |
-- |
|
October |
5.51 |
-- |
-- |
|
November |
7.18 |
-- |
-- |
|
December |
5.75 |
-- |
-- |
Details and Historical Data of Monetary and Economic Statistics
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