Remittance outflows by expatriates in Saudi Arabia rose 2 percent year-on-year (YoY) to SAR 10.6 billion in June, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
Compared to May, expat remittances decreased by SAR 2.15 billion, or 17 percent.
|
Expat Remittances (SAR bln) |
|||
|
Variation |
2018 |
2017 |
Month |
|
(18%) |
10.39 |
12.62 |
January |
|
+19% |
12.80 |
10.77 |
February |
|
+0.4% |
12.80 |
12.75 |
March |
|
+3% |
11.72 |
11.41 |
April |
|
(2%) |
12.75 |
13.04 |
May |
|
+2% |
10.60 |
10.43 |
June |
|
-- |
-- |
11.29 |
July |
|
-- |
-- |
12.55 |
August |
|
-- |
-- |
8.55 |
September |
|
-- |
-- |
12.20 |
October |
|
-- |
-- |
12.02 |
November |
|
-- |
-- |
14.04 |
December |
|
-- |
-- |
141.66 |
Total |
Remittances sent by Saudi nationals to other countries jumped 13 percent YoY to SAR 3.44 billion in June.
|
Saudi Remittances (SAR bln) |
|||
|
Variation |
2018 |
2017 |
Month |
|
+25% |
6.18 |
4.96 |
January |
|
+52% |
6.26 |
4.13 |
February |
|
+41% |
6.27 |
4.46 |
March |
|
+27% |
4.94 |
3.89 |
April |
|
(17%) |
5.93 |
7.12 |
May |
|
+13% |
3.44 |
3.03 |
June |
|
-- |
-- |
6.70 |
July |
|
-- |
-- |
6.77 |
August |
|
-- |
-- |
3.81 |
September |
|
-- |
-- |
6.42 |
October |
|
-- |
-- |
7.95 |
November |
|
-- |
-- |
6.05 |
December |
|
-- |
-- |
65.27 |
Total |
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