14 Hrs
Source:
الاقتصادية
Saudi Travel Balance posts surplus in Q7
Saudi Arabia experienced a significant increase in its travel balance surplus during the second quarter of 2026, reaching 8.8 billion riyals, marking a 62% rise compared to the same period last year (5.4 billion riyals). This surge resulted from the widening gap between foreigners’ spending while visiting the kingdom (33.8 billion riyals) and Saudis’ expenditures during their international travels (25 billion riyals). These figures contributed to boosting the country's tourism revenues, with inbound tourism generating 135 riyals for every 100 riyals spent by Saudis abroad. Additionally, data showed that the travel sector accounts for more than half of Saudi Arabia’s service exports, with revenues constituting 56.8% of total service exports during the quarter. Tourism remains a key source of foreign income, supported by ongoing diversification of tourist destinations such as Al-Ula and Diriyah, increased visitor numbers through hosting major events, all of which help strengthen the local economy and sustain a continuous travel balance surplus.
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