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    Home » Egypt’s Remittance Sector Sees $29.7 Billion Inflows by July 2026, Signaling Robust Market Growth
    Business

    Egypt’s Remittance Sector Sees $29.7 Billion Inflows by July 2026, Signaling Robust Market Growth

    September 22, 2026
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    CAIRO, EGYPT / RankWire.AI / – In the first seven months of 2026, Egyptians working overseas sent approximately $29.7 billion back home. According to the Central Bank of Egypt, these inflows increased by 28.1% compared to around $23.2 billion during January through July 2025. The figures reflect remittances sent by Egyptians employed abroad and constitute the latest official data for the 2026 calendar year. The total is roughly $6.5 billion higher than the same period in 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.

    Remittances for July alone reached roughly $4.5 billion, marking a 20% rise from approximately $3.8 billion in July 2025. This monthly figure follows earlier increases reported earlier in the year. January saw about $3.5 billion in remittances, up 21% from $2.9 billion the previous year. February’s inflows were around $3.8 billion, an increase of 25.7% from $3.0 billion in February 2025. Combined, January and February contributed approximately $7.3 billion to the total remittances recorded during the first seven months of 2026.

    On a fiscal-year basis, remittances hit approximately $47.3 billion in 2025/2026, representing a 29.6% increase compared to the $36.5 billion recorded in 2024/2025. In June 2026, inflows stood at roughly $4.2 billion, up from $3.6 billion in June 2025, a rise of 15.6%. The total increase over the fiscal year reached about $10.8 billion. These fiscal-year figures encompass July 2025 through June 2026, while the current $29.7 billion total covers the period from January to July 2026.

    Remittance inflows maintain double-digit growth momentum

    The Central Bank of Egypt also announced that remittances hit a record $41.5 billion during the calendar year 2025, a 40.5% increase from the approximately $29.6 billion sent home in 2024. This translates to an approximate gain of $11.9 billion in dollar terms. During the first half of fiscal 2025/2026, remittances reached around $22.1 billion, compared to $17.1 billion during the same period a year earlier, showing a 29.6% rise.

    Remittances in December 2025 amounted to about $4.0 billion, increasing by 24% from $3.2 billion in December 2024. At that time, the bank identified this as a monthly record. By January 2026, the cumulative fiscal inflows had reached approximately $25.6 billion, a 28.4% increase from $20.0 billion. Through February, the total had grown to around $29.4 billion, compared with $23.0 billion the previous year, representing a 28% increase over the eight-month period.

    Official reports confirm rising inflows across reporting intervals

    The upward trend persisted into spring. Remittances from July to March of fiscal 2025/2026 totaled roughly $34.9 billion, a 32% increase from $26.4 billion. By April, the ten-month total rose to about $39.2 billion, a 33.2% increase from $29.4 billion a year earlier. April alone brought in about $4.3 billion, reflecting a 44% rise from $3.0 billion in April 2025. The monthly increase in absolute terms was approximately $1.3 billion.

    By May, fiscal-year remittances reached roughly $43.1 billion, a 31.2% increase from $32.8 billion in the same period of the previous year. May inflows totaled around $3.9 billion, up 13.5% from approximately $3.4 billion a year earlier. The eleven-month total exceeded the previous year’s figure by about $10.3 billion. The fiscal year concluded at $47.3 billion, with the July to July period pushing the 2026 calendar-year total to $29.7 billion. Throughout the latest official figures, both cumulative and monthly amounts continued to be higher than those recorded in the previous year.

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    Egypt’s Remittance Sector Sees $29.7 Billion Inflows by July 2026, Signaling Robust Market Growth

    Business September 22, 2026

    Egypt remittances reached $29.7 billion through July 2026 after a 28.1% annual rise. Remittances for July alone reached roughly $4.5 billion, marking a 20% rise from approximately $3.8 billion in July 2025. This monthly figure follows earlier increases reported earlier in the year. January saw about $3.5 billion in remittances, up 21% from $2.9 billion the previous year. February’s inflows were around $3.8 billion, an increase of 25.7% from $3.0 billion in February 2025.

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