Sign In
×-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Expat remittances from Saudi Arabia fall 7% to SAR 143.2 bln in 2022
$100 currency
Remittances from expatriates in Saudi Arabia fell 7%, or SAR 10.6 billion, to SAR 143.2 billion in 2022, compared to SAR 153.9 billion in 2021, according to recent data released by the Saudi Central Bank (SAMA).
Last year's remittances from expatriates are the lowest since 2019, when they reached SAR 125.5 billion.
|
Remittances by Expatriates Since 2010 |
||
|
Year |
Value (SAR bln) |
Change |
|
2010 |
98.81 |
+17% |
|
2011 |
110.40 |
+12% |
|
2012 |
125.25 |
+13% |
|
2013 |
147.96 |
+18% |
|
2014 |
153.29 |
+4% |
|
2015 |
156.86 |
+2% |
|
2016 |
151.90 |
(3%) |
|
2017 |
141.66 |
(7%) |
|
2018 |
136.43 |
(4%) |
|
2019 |
125.53 |
(8%) |
|
2020 |
149.69 |
+19% |
|
2021 |
153.87 |
+3% |
|
2022 |
143.24 |
(7%) |
Remittances by expatriates fell in most months last year, led by November (19%) and October (17%).
|
Personal Remittances (Non-Saudis) (SAR bln) |
|||
|
Month |
2021 |
2022 |
Change |
|
January |
12.06 |
12.52 |
+4% |
|
February |
11.30 |
11.20 |
(1%) |
|
March |
14.05 |
14.70 |
+5% |
|
April |
13.28 |
13.65 |
+3% |
|
May |
12.53 |
11.28 |
(10%) |
|
June |
13.49 |
13.21 |
(2%) |
|
July |
12.52 |
11.60 |
(7%) |
|
August |
13.74 |
11.92 |
(13%) |
|
September |
13.35 |
11.33 |
(15%) |
|
October |
13.48 |
11.24 |
(17%) |
|
November |
12.97 |
10.52 |
(19%) |
|
December |
11.10 |
10.06 |
(9%) |
Remittances by Saudi nationals rose 11% year-on-year (YoY) to about SAR 72.5 billion in 2022 – the highest level since 2015.
|
Remittances by Saudi Nationals Since 2010 |
||
|
Year |
Value (SAR bln) |
Change |
|
2010 |
52.73 |
(17%) |
|
2011 |
61.69 |
+17% |
|
2012 |
69.24 |
+12% |
|
2013 |
78.61 |
+14% |
|
2014 |
88.57 |
+13% |
|
2015 |
89.18 |
+1% |
|
2016 |
59.58 |
(33%) |
|
2017 |
65.27 |
+10% |
|
2018 |
60.27 |
(8%) |
|
2019 |
58.09 |
(4%) |
|
2020 |
48.57 |
(16%) |
|
2021 |
65.47 |
+35% |
|
2022 |
72.47 |
+11% |
Remittances by Saudi nationals rose in most months of 2022, with July being the highest (49%), followed by January (45%).
|
Personal Remittances (Saudi Nationals) (SAR bln) |
|||
|
Month |
2021 |
2022 |
Change |
|
January |
4.27 |
6.21 |
+45% |
|
February |
4.08 |
5.45 |
+34% |
|
March |
6.52 |
6.62 |
+2% |
|
April |
4.94 |
6.46 |
+31% |
|
May |
5.13 |
6.20 |
+21% |
|
June |
6.42 |
6.75 |
+5% |
|
July |
4.14 |
6.15 |
+49% |
|
August |
5.74 |
6.33 |
+10% |
|
September |
5.79 |
5.22 |
(10%) |
|
October |
5.51 |
5.94 |
+8% |
|
November |
7.18 |
6.33 |
(12%) |
|
December |
5.75 |
4.82 |
(16%) |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}