Remittance inflows to GDP (%) in Saudi Arabia
Saudi Arabia: Remittance inflows to GDP (%) was 0.0% in 2020. ▲ Rising
Remittance inflows to GDP in Saudi Arabia, 2005–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Saudi Arabia recorded 0.0% for remittance inflows to gdp in 2020.
That represents a change of up 3.4% on the previous year and down 4.0% over ten years.
Over the whole period, remittance inflows to gdp in Saudi Arabia peaked at 0.0% in 2009 and was at its lowest, 0.0%, in 2006.
That places Saudi Arabia 182nd out of 197 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Remittance inflows to GDP (%) in Saudi Arabia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 0.0% | — |
| 2006 | 0.0% | -2.0% |
| 2007 | 0.0% | +5.9% |
| 2008 | 0.0% | +40.1% |
| 2009 | 0.0% | +20.1% |
| 2010 | 0.0% | -10.4% |
| 2011 | 0.0% | -18.9% |
| 2012 | 0.0% | -8.0% |
| 2013 | 0.0% | +7.7% |
| 2014 | 0.0% | +0.4% |
| 2015 | 0.0% | +25.0% |
| 2016 | 0.0% | +5.6% |
| 2017 | 0.0% | -11.4% |
| 2018 | 0.0% | -2.9% |
| 2019 | 0.0% | +1.3% |
| 2020 | 0.0% | +3.4% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 0.0% is below the median for high income countries, which is 0.8%, 6% of the median. (67 countries reporting)
- Saudi Arabia's 0.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.9%, 2% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0% | 0.0% | 0.0% | 5 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Saudi Arabia
More financial sector data for Saudi Arabia
- Reserve position in the IMF, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.38 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.38 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is remittance inflows to gdp in Saudi Arabia?
- Remittance inflows to gdp in Saudi Arabia was 0.0% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Saudi Arabia?
- The highest recorded value was 0.0% in 2009.
- What is the lowest remittance inflows to gdp recorded in Saudi Arabia?
- The lowest recorded value was 0.0% in 2006.
- How does Saudi Arabia rank for remittance inflows to gdp?
- Saudi Arabia ranks 182nd out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Saudi Arabia?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.