AI Summary
Remittances by expatriates in Saudi Arabia hit lowest level in 15 months during February 2026.
Remittances by expatriates in Saudi Arabia declined 2% year-on-year (YoY) to around SAR 12.55 billion in February 2026, the lowest in 15 months, recent data from the Saudi Central Bank (SAMA) showed.
On a month-on-month (MoM) basis, remittances decreased 6%, or about SAR 768,000.
|
Expat Remittances (SAR bln) |
|||
|
Month |
2025 |
2026 |
Change (%) |
|
January |
13.74 |
13.32 |
(3%) |
|
February |
12.78 |
12.55 |
(2%) |
|
March |
15.49 |
-- |
-- |
|
April |
12.61 |
-- |
-- |
|
May |
15.20 |
-- |
-- |
|
June |
13.83 |
-- |
-- |
|
July |
14.91 |
-- |
-- |
|
August |
13.29 |
-- |
-- |
|
September |
13.35 |
-- |
-- |
|
October |
13.67 |
-- |
-- |
|
November |
12.63 |
-- |
-- |
|
December |
14.01 |
-- |
-- |
Remittances by Saudi nationals to other countries also retreated by 22% YoY to SAR 4.86 billion in February.
|
Remittances by Saudi Nationals (SAR bln) |
|||
|
Month |
2025 |
2026 |
Change (%) |
|
January |
6.10 |
5.17 |
(15%) |
|
February |
6.24 |
4.86 |
(22%) |
|
March |
6.48 |
-- |
-- |
|
April |
5.45 |
-- |
-- |
|
May |
5.49 |
-- |
-- |
|
June |
6.27 |
-- |
-- |
|
July |
6.61 |
-- |
-- |
|
August |
4.87 |
-- |
-- |
|
September |
5.36 |
-- |
-- |
|
October |
6.60 |
-- |
-- |
|
November |
4.81 |
-- |
-- |
|
December |
6.13 |
-- |
-- |
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