Remittances in Saudi Arabia increased to 28857 SAR Million in the third quarter of 2019 from 27107 SAR Million in the second quarter of 2019. Saudi Arabia Remittances - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Remittances in Saudi Arabia averaged 26982.27 SAR Million from 2006 until 2019, reaching an all time high of 38101 SAR Million in the second quarter of 2016 and a record low of 12479 SAR Million in the first quarter of 2007. This page provides - Saudi Arabia Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Saudi Arabian Monetary Agency

Remittances in Saudi Arabia is expected to be 33500.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Saudi Arabia to stand at 36800.00 in 12 months time. In the long-term, the Saudi Arabia Remittances is projected to trend around 36800.00 SAR Million in 2021, according to our econometric models.

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Saudi Arabia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
28857.00 27107.00 38101.00 12479.00 2006 - 2019 SAR Million Quarterly
Current Prices, NSA

Saudi Arabia Remittances
In Saudi Arabia, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).