‎Expat remittances up at SAR 15.2B in May

‎Expat remittances up at SAR 15.2B in May ‎Expat remittances up at SAR 15.2B in May

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$100 banknote

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).

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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

 

$100 banknote

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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