{"id":870703,"date":"2026-10-04T17:54:10","date_gmt":"2026-10-04T17:54:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/870703\/"},"modified":"2026-10-04T17:54:10","modified_gmt":"2026-10-04T17:54:10","slug":"arab-news-gcc-tops-global-remittance-outflows-at-161bn","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/870703\/","title":{"rendered":"Arab News | GCC tops global remittance outflows at $161bn\u00a0"},"content":{"rendered":"<p style=\"text-align: left\">RIYADH: Gulf Cooperation Council countries recorded the highest value of outward workers\u2019 remittances globally in 2025, with transfers reaching about $161 billion, official data showed.\u00a0<\/p>\n<p style=\"text-align: left\">The figure rose 13.6 percent from 2024, marking a second consecutive year of growth after remittance outflows declined in 2023, according to GCC-Stat data cited by the UAE\u2019s state news agency, <a href=\"https:\/\/www.wam.ae\/ar\/article\/c2knjjc-%D8%AA%D8%B5%D8%AF%D8%B1%D8%AA-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7-161-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AF%D9%88%D9%84-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%AA%D8%B3%D8%AC%D9%84\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">WAM<\/a>.\u00a0<br \/>\u00a0<br \/>The GCC\u2019s remittance flows have increased alongside the region\u2019s economic expansion and continued reliance on expatriate workers. The bloc\u2019s population reached 63.3 million in 2025, while non-oil activities accounted for 70.6 percent\u00a0of combined gross domestic product and grew 5.1 percent during the year.\u00a0<br \/>\u00a0<br \/>The increase comes as Gulf economies continue to attract expatriate labor to support infrastructure, services, industry and other non-oil sectors. The shift toward more diversified economies has also increased demand for workers across a broader range of industries.\u00a0<\/p>\n<p style=\"text-align: left\">The International Monetary Fund said economies with larger non-hydrocarbon sectors, including Bahrain, Saudi Arabia and the UAE, were better positioned to cushion the impact of recent disruptions, although weaker trade and business confidence have constrained activity.\u00a0<\/p>\n<p style=\"text-align: left\">\u201cThe data highlighted the exceptional global standing of the GCC countries when comparing their total outgoing remittances with the remittance values recorded in a number of major economies individually,\u201d the WAM report stated.\u00a0<\/p>\n<p style=\"text-align: left\">It added:\u00a0\u201cThey clearly outperformed the United States of America, whose remittances amounted to about $107 billion, Switzerland with about $43 billion, Germany with about $27 billion, and France with about $21 billion.\u201d\u00a0<\/p>\n<p style=\"text-align: left\">Remittances reach 6.6% of GDP\u00a0<\/p>\n<p style=\"text-align: left\">Worker remittances accounted for about 6.6 percent of the GCC countries\u2019 combined GDP in 2025, up from 6 percent in 2024, 5.7 percent in 2023 and 5.6 percent\u00a0in 2022.\u00a0<\/p>\n<p style=\"text-align: left\">The report said the ratio measures the relative scale of remittance flows against the size of GCC economies and should not be viewed as a direct measure of economic performance.\u00a0<\/p>\n<p style=\"text-align: left\">These remittance flows extend beyond their direct financial value, supporting household incomes, consumer spending and economic stability in recipient countries. \u00a0<\/p>\n<p style=\"text-align: left\">The continued rise in remittances underscores the GCC\u2019s growing role in global financial flows, while also reflecting the region\u2019s expanding non-oil economy and demand for expatriate workers.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"RIYADH: Gulf Cooperation Council countries recorded the highest value of outward workers\u2019 remittances globally in 2025, with transfers&hellip;\n","protected":false},"author":2,"featured_media":870704,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,2447,101,366991,22969,366992,21128,131,130],"class_list":["post-870703","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economic-growth","tag-economy","tag-expatriate-workers","tag-gcc","tag-non-oil-economy","tag-remittances","tag-saudi-arabia","tag-uae"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/870703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=870703"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/870703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/870704"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=870703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=870703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=870703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}