$100 banknote
Remittances by expatriates in Saudi Arabia declined 7% year-on-year (YoY) to SAR 14.15 billion in May 2026, recent data from the Saudi Central Bank (SAMA) showed.
Compared to April 2026, remittances were down nearly 3%, or about SAR 505 million.
Expat Remittances (SAR bln)
Month
2025
2026
Change
January
13.74
13.32
(3%)
February
12.78
12.55
(2%)
March
15.49
16.92
+9%
April
12.61
14.65
+16%
May
15.20
14.15
(7%)
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 fell 14% YoY to SAR 4.73 billion in May; their lowest level in more than two years.
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
5.17
(20%)
April
5.45
5.50
+1%
May
5.49
4.73
(14%)
June
6.27
—
—
July
6.61
—
—
August
4.87
—
—
September
5.36
—
—
October
6.60
—
—
November
4.81
—
—
December
6.13
—
—
$100 banknote
Remittances by expatriates in Saudi Arabia declined 7% year-on-year (YoY) to SAR 14.15 billion in May 2026, recent data from the Saudi Central Bank (SAMA) showed.
Compared to April 2026, remittances were down nearly 3%, or about SAR 505 million.
Expat Remittances (SAR bln)
Month
2025
2026
Change
January
13.74
13.32
(3%)
February
12.78
12.55
(2%)
March
15.49
16.92
+9%
April
12.61
14.65
+16%
May
15.20
14.15
(7%)
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 fell 14% YoY to SAR 4.73 billion in May; their lowest level in more than two years.
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
5.17
(20%)
April
5.45
5.50
+1%
May
5.49
4.73
(14%)
June
6.27
—
—
July
6.61
—
—
August
4.87
—
—
September
5.36
—
—
October
6.60
—
—
November
4.81
—
—
December
6.13
—
—

