{
  "id": 11874924,
  "title": "GCC-Stat: GCC countries record world's highest Outward Workers' Remittances at about $161 billion",
  "url": "https://urgent.news/2026/10/04/gcc-stat-gcc-countries-record-worlds-highest-outward-workers",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-04T07:07:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/734743/business/gcc-stat-gcc-countries-record-worlds-highest-outward-workers-remittances-at-about-161-billion"
  },
  "original_language": "en",
  "account": "The Statistical Center for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) reported that Gulf Cooperation Council (GCC) countries recorded the world's highest outward workers remittances in 2025, totaling approximately $161 billion. This figure represents a 13.6% increase from the previous year, amounting to an additional $19 billion.\n\nThe rise in remittances can be attributed to the persistent demand for expatriate workers, as well as the broadening of economic activities spurred by infrastructure developments and growth across various sectors such as services, industry, and the non-oil economy. Notably, this trend marks the second consecutive year of growth in workers remittances from GCC countries, following a decline in 2023.\n\nWorkers remittances from GCC nations constitute about 6.6% of the total gross domestic product (GDP) of the GCC countries in 2025, up from 6.0% in 2024, 5.7% in 2023, and 5.6% in 2022. This statistic provides insight into the relative significance of remittances in comparison to the size of the GCC economies, rather than reflecting improvements or declines in economic performance.\n\nWhen juxtaposed with the remittance flows of major economies, GCC countries stand out significantly. The United States led with outward workers remittances of around $107 billion, whereas Switzerland, Germany, and France followed with $43 billion, $27 billion, and $21 billion respectively. These figures highlight the substantial financial impact of GCC remittances on global financial flows and underscore the region's integral position within the global economy. Beyond monetary value, these remittances play a crucial role in bolstering household incomes and consumption in recipient countries, thereby fostering economic and social stability.",
  "summary": "Data from the report \"Outward Workers' Remittances from the Gulf Cooperation Council Countries, 2025,\" issued by the Statistical Center for the Cooperation Council for the Arab Countries of the G...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}