Egyptian Overseas Remittances Surpass $43 Billion in Less Than a Year

Remittances from Egyptians working abroad, a vital component of Egypt's economy, have reached new record levels, indicating strong confidence among Egyptians overseas in the stability and strength of their home country's economy.

Recent data reveals that remittance inflows exceeded $43 billion over an 11-month period, supported by a significant rise in monthly performance.

Economic figures show a steady increase in foreign currency inflows from abroad, with the total remittances sent by Egyptian expatriates from July 2025 to May 2026—covering eleven months of the current fiscal year 2025/2026—amounting to approximately $43.1 billion.

This total represents a notable growth of 31.2% compared to the same period in the previous fiscal year 2024/2025, during which remittances reached about $32.8 billion, reflecting an increase exceeding $10 billion.

On a monthly basis, remittances maintained positive momentum, rising by 13.5% in May 2026 alone.

The monthly total reached around $3.9 billion in May 2026, compared to $3.4 billion in the corresponding month of 2025, demonstrating the ongoing strength and accelerating pace of financial inflows month after month.