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Global Gulf remittances forecast at $161B in 2025
In 2025, the remittances of workers from the Gulf Cooperation Council countries abroad amounted to approximately $161 billion, marking the highest global level, with an increase of 13.6% compared to 2024—about $19 billion. These remittances play a crucial role in supporting household incomes and economic stability in the recipient countries. They also reflect the regional economic significance of the Gulf states and their influence on global financial flows. This rise comes amid the expansion of economic activities linked to infrastructure, industry, and non-oil sectors, following a decline in 2023. The ratio of remittances to gross domestic product increased to 6.6% in 2025, from 6% in 2024.
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