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    Home » Egyptian Remittance Inflows Hit $29.7 Billion by July 2026, Signaling Strong Growth Trends
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    Egyptian Remittance Inflows Hit $29.7 Billion by July 2026, Signaling Strong Growth Trends

    September 22, 2026
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    CAIRO, EGYPT / RankWire.AI / – Remittances from Egyptians working abroad reached approximately $29.7 billion during the first seven months of 2026. According to the Central Bank of Egypt, inflows increased by 28.1% compared to about $23.2 billion recorded from January through July 2025. These figures reflect the money sent home by Egyptians employed overseas and serve as the latest official data for the 2026 calendar year. The total is roughly $6.5 billion higher than the amount reported in the same period of 2025.

    Egypt remittances reached $29.7 billion through July 2026 after a 28.1% annual rise.
    Egypt remittances reached $29.7 billion through July 2026 after a 28.1% annual rise.

    In July alone, remittances amounted to around $4.5 billion, representing a 20% rise from roughly $3.8 billion in July 2025. This monthly figure followed earlier increases during the year. For instance, January remittances reached approximately $3.5 billion, up 21% from $2.9 billion a year earlier. February’s inflows totaled about $3.8 billion, increasing by 25.7% from $3.0 billion in February 2025. Together, January and February contributed roughly $7.3 billion to the total remittances for the calendar year 2026.

    On a fiscal-year basis, remittances hit about $47.3 billion for 2025/2026, which is 29.6% higher than the $36.5 billion recorded in the previous fiscal year 2024/2025. In June 2026, inflows stood at approximately $4.2 billion, compared to $3.6 billion in June 2025, marking a 15.6% increase. The total for the fiscal year thus grew by roughly $10.8 billion. It is worth noting that fiscal-year data cover July 2025 through June 2026, whereas the latest $29.7 billion total encompasses January through July 2026.

    Remittance inflows maintain double-digit expansion

    The Central Bank of Egypt also announced a record $41.5 billion in remittances during the 2025 calendar year. This figure represents a 40.5% increase over the approximately $29.6 billion sent home in 2024, amounting to roughly $11.9 billion in dollar gains. During the first half of fiscal 2025/2026, remittances reached about $22.1 billion, compared to $17.1 billion during the same period a year earlier, reflecting a 29.6% rise.

    Remittances in December 2025 hit about $4.0 billion, up 24% from $3.2 billion in December 2024. The bank identified this as a monthly record at the time. By January 2026, cumulative fiscal inflows had grown to $25.6 billion, an increase of 28.4% from $20.0 billion. By February, the total reached roughly $29.4 billion, compared to $23.0 billion during the same month in the previous year, which is a 28% rise over eight months.

    Official figures confirm heightened inflow levels over multiple reporting periods

    The upward trend persisted into the spring months. Remittances from July through March of fiscal 2025/2026 totaled about $34.9 billion, which is a 32% increase from $26.4 billion. By April, the ten-month cumulative amount climbed to about $39.2 billion, exceeding the previous year’s $29.4 billion by 33.2%. April alone contributed roughly $4.3 billion, a 44% rise from $3.0 billion in April 2025, with an absolute monthly increase of approximately $1.3 billion.

    By May, the fiscal-year remittances had reached approximately $43.1 billion, which is a 31.2% increase from $32.8 billion during the same period in the prior year. May inflows amounted to about $3.9 billion, up 13.5% from roughly $3.4 billion. The eleven-month total surpassed the previous year’s figure by about $10.3 billion. The fiscal year concluded at $47.3 billion, with July pushing the 2026 calendar-year total to $29.7 billion. Across all recent official releases, both cumulative and monthly figures continue to stay above their respective figures from the previous year.

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