Remittance outflows by expatriates in Saudi Arabia rose 8 percent year-on-year (YoY) to SAR 12.18 billion in July, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
Compared to June, expat remittances increased by 15 percent, or around SAR 1.57 billion.
|
Expat Remittances (SAR bln) |
|||
|
Variation |
2018 |
2017 |
Month |
|
(18%) |
10.39 |
12.62 |
January |
|
+19% |
12.80 |
10.77 |
February |
|
+0.4% |
12.80 |
12.75 |
March |
|
+3% |
11.72 |
11.41 |
April |
|
-- |
-- |
13.04 |
May |
|
-- |
-- |
10.43 |
June |
|
-- |
-- |
11.29 |
July |
|
-- |
-- |
12.55 |
August |
|
-- |
-- |
8.55 |
September |
|
-- |
-- |
12.20 |
October |
|
-- |
-- |
12.02 |
November |
|
-- |
-- |
14.04 |
December |
|
-- |
-- |
141.66 |
Total |
Remittances sent by Saudi nationals to other countries fell 33 percent YoY to SAR 4.52 billion in July.
|
Saudi Remittances (SAR bln) |
|||
|
Variation |
2018 |
2017 |
Month |
|
+25% |
6.18 |
4.96 |
January |
|
+52% |
6.26 |
4.13 |
February |
|
+41% |
6.27 |
4.46 |
March |
|
+27% |
4.94 |
3.89 |
April |
|
-- |
-- |
7.12 |
May |
|
-- |
-- |
3.03 |
June |
|
-- |
-- |
6.70 |
July |
|
-- |
-- |
6.77 |
August |
|
-- |
-- |
3.81 |
September |
|
-- |
-- |
6.42 |
October |
|
-- |
-- |
7.95 |
November |
|
-- |
-- |
6.05 |
December |
|
-- |
-- |
65.27 |
Total |
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