AI Summary
$100 banknote
Remittances by expatriates in Saudi Arabia rose by 12% year-on-year (YoY) to around SAR 13.3 billion in August, according to recent data released by the Saudi Central Bank (SAMA).
Compared to July, remittances decreased by 11%, or about SAR 1.6 billion.
|
Expat Remittances (SAR bln) |
|||
|
Month |
2024 |
2025 |
Change (%) |
|
January |
10.41 |
13.74 |
+32% |
|
February |
9.33 |
12.78 |
+37% |
|
March |
11.95 |
15.49 |
+30% |
|
April |
11.35 |
12.61 |
+11% |
|
May |
12.60 |
15.20 |
+21% |
|
June |
12.07 |
13.83 |
+15% |
|
July |
12.91 |
14.91 |
+15% |
|
August |
11.86 |
13.29 |
+12% |
|
September |
12.23 |
-- |
-- |
|
October |
13.43 |
-- |
-- |
|
November |
12.03 |
-- |
-- |
|
December |
14.02 |
-- |
-- |
Remittances by Saudi nationals to other countries also retreated by 16% YoY to SAR 4.9 billion in August 2025, the lowest level in a year and a half.
|
Remittances by Saudi Nationals (SAR bln) |
|||
|
Month |
2024 |
2025 |
Change (%) |
|
January |
5.48 |
6.10 |
+11% |
|
February |
4.68 |
6.24 |
+34% |
|
March |
5.12 |
6.48 |
+27% |
|
April |
4.94 |
5.45 |
+10% |
|
May |
6.18 |
5.49 |
(11%) |
|
June |
5.12 |
6.27 |
+22% |
|
July |
5.81 |
6.61 |
+14% |
|
August |
5.83 |
4.87 |
(16%) |
|
September |
5.29 |
-- |
-- |
|
October |
6.32 |
-- |
-- |
|
November |
6.17 |
-- |
-- |
|
December |
7.66 |
-- |
-- |
Be the first to comment
Comments Analysis: