Expat remittances up 19%, with per capita annual transfer hitting nearly SR24,000 in 2020

Expat remittances up 19%, with per capita annual transfer hitting nearly SR24,000 in 2020

 Remittances from expatriates in Saudi Arabia recorded an increase of 19.25 percent during the year 2020. The average annual expatriate remittances in the Kingdom jumped to about SR23,910 during the same year as compared to SR19,124 a year before. According to the statistical figures from the Saudi Central Bank and the General Authority for Statistics (GASTAT),...

Continue reading