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The Kingdom of Saudi Arabia saw a 1.04% increase in the remittances of expatriates residing in the country during the first eight months of 2026, reaching 113.03 billion riyals (30.14 billion U.S. dollars) compared to the same period last year. This was accompanied by a monthly rise of 1.13% in August. Meanwhile, Saudi residents' outbound remittances declined by 7.15%, amounting to 44.11 billion riyals (11.76 billion U.S. dollars) during the same period, despite a 20% increase in August alone compared to the same month in 2025.
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