30/06/2014
Foreigners transferred 12.5 billion during the month of May
Saudis outside transfer retreat to the lowest level in 2014
Total remittances of foreigners in Saudi Arabia abroad during the month of May this year, 12.5 billion riyals, compared to about 13 billion riyals in the same period last year, 4 per cent down, compared with 12.1 billion for the month of April, up 3 per cent.
Analysis Unit reports in the newspaper ' economic ', foreign remittances during the month of May of this year are the third highest level of this year, the remittances of March is the highest value of 14.3 billion, followed by transformations in January by 13.3 billion riyals. Personal transfers to Saudi Arabia during the month of May of this year have recorded their lowest levels during the year, reaching 5.09 billion riyals, compared to highs during the year to March, during which the eight billion riyals. Personal transfers have been recorded for a decrease of 32 per cent, equivalent to 2.4 billion on an annual basis which compared with may last year, of which 7.5 billion riyals. Either on a monthly basis had fallen by 34 per cent to $ 2.6 billion, which was during the month of April of the current year 7.7 billion riyals. Personal transfers have dropped to Saudis and non-Saudis in May 2014 by 14 per cent to 17.6 billion riyals, compared to 20.5 billion riyals in the same period last year.
Dropped by 11 percent from the level in April last year, this was 19.8 billion. population living in Saudi Arabia 9.7 million, up about a third of the population in Saudi Arabia (32.4 per cent), with a population of Saudis almost two thirds (67.6 percent), according to the latest estimates of the Central Department of statistics and information. According to these statistics, the per capita of foreigners living in Saudi Arabia, of the total remittances during the month of May about 1288 riyals, compared with 1,387 of SAR in the same period of the previous year which was approximately 9.4 million. According to the latest data issued by the Central Department of statistics and information, the number of foreign workers in Saudi Arabia at the end of the second quarter of last year, about six million operated. In calculating per capita transfers to foreigners during the month of May is about 2087 Srl.
