Remittance inflows to GDP in Saudi Arabia
Saudi Arabia: Remittance inflows to GDP was 0.0% in 2020. β² Rising
Remittance inflows to GDP in Saudi Arabia, 2005β2020
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 181st out of 196 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.
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
- Net domestic credit (current LCU), per capita 32,328 current LCU per person (2017)
- Net domestic credit (current LCU), per unit of GDP 1.35 current LCU per US$ of GDP (2017)
- Net domestic credit (current LCU), annual growth rate 21.57 % change on previous year (2017)
- Gold reserves at 35 SDRs per ounce 363.54 million SDR (2025)
- Gold reserves at market value 33.13 billion SDR (2025)
- Reserves excluding gold, foreign exchange 317.55 billion SDR (2025)
- Reserves excluding gold 335.74 billion SDR (2025)
- Total reserves (gold at market value) 368.87 billion SDR (2025)
- Total reserves (gold at national valuation) 336.06 billion SDR (2025)
- Domestic credit to private sector by banks 64.3% (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 181st out of 196 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.
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CSV Β· JSON β 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.