$100 currency
Remittances from expatriates in Saudi Arabia grew by 3% year-on-year (YoY) to SAR 13.65 billion in April, according to recent data released by the Saudi Central Bank (SAMA).
Compared to the previous month, remittances from expatriates in Saudi Arabia fell 7%, or SAR 1.1 billion.
|
Remittances by Expatriates (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 |
-- |
-- |
|
June |
13.49 |
-- |
-- |
|
July |
12.52 |
-- |
-- |
|
August |
13.74 |
-- |
-- |
|
September |
13.35 |
-- |
-- |
|
October |
13.48 |
-- |
-- |
|
November |
12.97 |
-- |
-- |
|
December |
11.10 |
-- |
-- |
Meanwhile, remittances by Saudi nationals to other countries surged 31% YoY to SAR 6.46 billion in April.
|
Remittances by 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 |
+1% |
|
April |
4.94 |
6.46 |
+31% |
|
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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