‎Remittances in Saudi Arabia fall to 15-month low in Feb

‎Remittances in Saudi Arabia fall to 15-month low in Feb ‎Remittances in Saudi Arabia fall to 15-month low in Feb

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Remittances by expatriates in Saudi Arabia hit lowest level in 15 months during February 2026.

Remittances by expatriates in Saudi Arabia declined 2% year-on-year (YoY) to around SAR 12.55 billion in February 2026, the lowest in 15 months, recent data from the Saudi Central Bank (SAMA) showed.

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On a month-on-month (MoM) basis, remittances decreased 6%, or about SAR 768,000.

Expat Remittances (SAR bln)​

Month

2025

2026

Change (%)

January

13.74

13.32

(3%)

February

12.78

12.55

(2%)

March

15.49

April

12.61

May

15.20

June

13.83

July

14.91

August

13.29

September

13.35

October

13.67

November

12.63

December

14.01

Remittances by Saudi nationals to other countries also retreated by 22% YoY to SAR 4.86 billion in February.

Remittances by Saudi Nationals (SAR bln)

Month

2025

2026

Change (%)

January

6.10

5.17

(15%)

February

6.24

4.86

(22%)

March

6.48

April

5.45

May

5.49

June

6.27

July

6.61

August

4.87

September

5.36

October

6.60

November

4.81

December

6.13

 

Remittances by expatriates in Saudi Arabia hit lowest level in 15 months during February 2026.

Remittances by expatriates in Saudi Arabia declined 2% year-on-year (YoY) to around SAR 12.55 billion in February 2026, the lowest in 15 months, recent data from the Saudi Central Bank (SAMA) showed.

On a month-on-month (MoM) basis, remittances decreased 6%, or about SAR 768,000.

Expat Remittances (SAR bln)​

Month

2025

2026

Change (%)

January

13.74

13.32

(3%)

February

12.78

12.55

(2%)

March

15.49

April

12.61

May

15.20

June

13.83

July

14.91

August

13.29

September

13.35

October

13.67

November

12.63

December

14.01

Remittances by Saudi nationals to other countries also retreated by 22% YoY to SAR 4.86 billion in February.

Remittances by Saudi Nationals (SAR bln)

Month

2025

2026

Change (%)

January

6.10

5.17

(15%)

February

6.24

4.86

(22%)

March

6.48

April

5.45

May

5.49

June

6.27

July

6.61

August

4.87

September

5.36

October

6.60

November

4.81

December

6.13

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