Remittance outflows by expatriates in Saudi Arabia fell 12 percent year-on-year (YoY) to SAR 11.26 billion in March 2019, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
Compared to February, expat remittances rose 17 percent, or SAR 1.61 billion.
|
Expat Remittances (SAR bln) |
|||
|
Variation |
2019 |
2018 |
Month |
|
+6% |
11.02 |
10.39 |
January |
|
(25%) |
9.65 |
12.80 |
February |
|
(12%) |
11.26 |
12.80 |
March |
|
-- |
-- |
11.72 |
April |
|
-- |
-- |
12.75 |
May |
|
-- |
-- |
10.60 |
June |
|
-- |
-- |
12.18 |
July |
|
-- |
-- |
10.43 |
August |
|
-- |
-- |
9.84 |
September |
|
-- |
-- |
11.72 |
October |
|
-- |
-- |
9.90 |
November |
|
-- |
-- |
11.31 |
December |
|
-- |
-- |
136.43 |
Total |
Remittances sent by Saudi nationals to other countries plunged 32 percent YoY to SAR 4.27 billion in March.
|
Saudi Remittances (SAR bln) |
|||
|
Variation |
2019 |
2018 |
Month |
|
(21%) |
4.91 |
6.18 |
January |
|
(33%) |
4.18 |
6.26 |
February |
|
(32%) |
4.27 |
6.27 |
March |
|
-- |
-- |
4.94 |
April |
|
-- |
-- |
5.93 |
May |
|
-- |
-- |
3.44 |
June |
|
-- |
-- |
4.52 |
July |
|
-- |
-- |
3.69 |
August |
|
-- |
-- |
4.78 |
September |
|
-- |
-- |
4.94 |
October |
|
-- |
-- |
4.81 |
November |
|
-- |
-- |
4.53 |
December |
|
-- |
-- |
60.27 |
Total |
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