$100 banknote
Remittances by expatriates in Saudi Arabia rose by 10% year-on-year (YoY) to around SAR 11.9 billion in August, according to recent data released by the Saudi Central Bank (SAMA) 
Compared to July 2024, remittances fell by 8%, or about SAR 1.1 billion, in August.
Expat Remittances (SAR bln)
Month
2023
2024
Change
January
10.52
10.41
(1%)
February
9.77
9.33
(4%)
March
11.52
11.95
+4%
April
9.92
11.35
+14%
May
11.27
12.60
+12%
June
10.84
12.07
+11%
July
10.63
12.91
+21%
August
10.77
11.86
+10%
September
9.91
—
—
October
10.90
—
—
November
10.14
—
—
December
10.64
—
—
Remittances by Saudi nationals to other countries increased 19% YoY to SAR 5.8 billion in August.
Remittances by Saudi Nationals (SAR bln)
Month
2023
2024
Change
January
5.23
5.48
+5%
February
4.48
4.68
+4%
March
5.64
5.12
(9%)
April
3.92
4.94
+26%
May
5.84
6.18
+6%
June
5.15
5.12
(1%)
July
5.80
5.81
+0.2%
August
4.91
5.83
+19%
September
4.66
—
—
October
5.53
—
—
November
5.03
—
—
December
5.75
—
—
$100 banknote
Remittances by expatriates in Saudi Arabia rose by 10% year-on-year (YoY) to around SAR 11.9 billion in August, according to recent data released by the Saudi Central Bank (SAMA)
Compared to July 2024, remittances fell by 8%, or about SAR 1.1 billion, in August.
Expat Remittances (SAR bln)
Month
2023
2024
Change
January
10.52
10.41
(1%)
February
9.77
9.33
(4%)
March
11.52
11.95
+4%
April
9.92
11.35
+14%
May
11.27
12.60
+12%
June
10.84
12.07
+11%
July
10.63
12.91
+21%
August
10.77
11.86
+10%
September
9.91
—
—
October
10.90
—
—
November
10.14
—
—
December
10.64
—
—
Remittances by Saudi nationals to other countries increased 19% YoY to SAR 5.8 billion in August.
Remittances by Saudi Nationals (SAR bln)
Month
2023
2024
Change
January
5.23
5.48
+5%
February
4.48
4.68
+4%
March
5.64
5.12
(9%)
April
3.92
4.94
+26%
May
5.84
6.18
+6%
June
5.15
5.12
(1%)
July
5.80
5.81
+0.2%
August
4.91
5.83
+19%
September
4.66
—
—
October
5.53
—
—
November
5.03
—
—
December
5.75
—
—
