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Saudi foreign transfers reach $22.7B in first half of 2026
Foreigners' remittances to Saudi Arabia increased in the first half of 2026 to approximately $22.74 billion (+1.95% compared to last year), while Saudi nationals' personal transfers decreased by 11% to $8.55 billion. In June 2026, remittances saw a year-on-year decline of 0.9%, totaling $3.65 billion, marking the third consecutive month of decline in residents' monthly transfers. For Saudis, their overall remittances decreased by 11% in the first half compared to the previous year, but their personal transfers rose in June 2026 compared to May 2026 by 39.9%.
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