AI Summary
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Remittances by expatriates in Saudi Arabia rose by 21% year-on-year (YoY) to around SAR 15.2 billion in May, according to recent data released by the Saudi Central Bank (SAMA).
Compared to April, remittances also climbed by 21%, or about SAR 2.6 billion.
|
Expat Remittances (SAR bln) |
|||
|
Month |
2024 |
2025 |
Change (%) |
|
January |
10.41 |
13.74 |
+32% |
|
February |
9.33 |
12.78 |
+37% |
|
March |
11.96 |
15.49 |
+30% |
|
April |
11.35 |
12.61 |
+11% |
|
May |
12.60 |
15.20 |
+21% |
|
June |
12.07 |
-- |
-- |
|
July |
12.91 |
-- |
-- |
|
August |
11.86 |
-- |
-- |
|
September |
12.23 |
-- |
-- |
|
October |
13.43 |
-- |
-- |
|
November |
12.03 |
-- |
-- |
|
December |
14.02 |
-- |
-- |
Remittances by Saudi nationals to other countries, on the other hand, decreased by 11% YoY to SAR 5.49 billion in May.
|
Remittances by Saudi Nationals (SAR bln) |
|||
|
Month |
2024 |
2025 |
Change (%) |
|
January |
5.48 |
6.10 |
+11% |
|
February |
4.68 |
6.24 |
+33% |
|
March |
5.12 |
6.48 |
+27% |
|
April |
4.94 |
5.45 |
+10% |
|
May |
6.18 |
5.49 |
(11%) |
|
June |
5.12 |
-- |
-- |
|
July |
5.81 |
-- |
-- |
|
August |
5.83 |
-- |
-- |
|
September |
5.29 |
-- |
-- |
|
October |
6.32 |
-- |
-- |
|
November |
6.17 |
-- |
-- |
|
December |
7.66 |
-- |
-- |
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