‎Expat remittances in Saudi Arabia hit record SAR 165.9B in March

‎Expat remittances in Saudi Arabia hit record SAR 165.9B in March ‎Expat remittances in Saudi Arabia hit record SAR 165.9B in March

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Remittances by expatriates in Saudi Arabia saw a 9% year-on-year (YoY) increase to around SAR 16.92 billion in March 2026, recent data from the Saudi Central Bank (SAMA) showed.

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According to the data, remittances by expatriates reached their highest ever level during the month.

Compared to February 2026, remittances rose by 35%, or about SAR 4.4 billion, in March.

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

May

15.20

June

13.83

July

14.91

August

13.29

September

13.35

October

13.67

November

12.63

December

14.01

Meanwhile, remittances by Saudi nationals to other countries decreased by 20% YoY to SAR 5.17 billion in March.

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

May

5.49

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 saw a 9% year-on-year (YoY) increase to around SAR 16.92 billion in March 2026, recent data from the Saudi Central Bank (SAMA) showed.

According to the data, remittances by expatriates reached their highest ever level during the month.

Compared to February 2026, remittances rose by 35%, or about SAR 4.4 billion, in March.

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

May

15.20

June

13.83

July

14.91

August

13.29

September

13.35

October

13.67

November

12.63

December

14.01

Meanwhile, remittances by Saudi nationals to other countries decreased by 20% YoY to SAR 5.17 billion in March.

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

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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