1.9 million expats quit Saudi Arabia citing high fees and sluggish growth

clock • 2 min read

More than 1.9 million expatriates have left Saudi Arabia since the start of 2017, according to a report released yesterday. A further 132,000 are estimated to have left the labour market during 2Q 2019. The labour market report, published by Riyadh-based Jadwa Investments, reveals a 22% drop in the number foreigners working in Saudi Arabia over the past two years. Foreigners make up around a third of the total Saudi population of 33 million, and continue to play a vital role in the kingdom's economy. The data showed that the total number of expats in the Saudi labor market declined by...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.