CAIRO, EGYPT / RankWire.AI / – Remittances sent home by Egyptians working overseas reached approximately $29.7 billion during the first seven months of 2026. The Central Bank of Egypt reported a 28.1% rise from roughly $23.2 billion in the same period of 2025. These figures reflect funds transferred by Egyptians employed abroad and serve as the latest official data for 2026. The total exceeds the corresponding period last year by about $6.5 billion.
In July, inflows hit around $4.5 billion, marking a 20% increase from approximately $3.8 billion in July 2025. Earlier in the year, monthly remittances showed similar upward momentum, with January recording about $3.5 billion, a 21% jump from $2.9 billion. February’s inflows totaled approximately $3.8 billion, up 25.7% from $3.0 billion in February 2025. Combined, January and February contributed roughly $7.3 billion to the 2026 total.
Over the full fiscal year, remittances reached about $47.3 billion in 2025/2026, representing a 29.6% increase over the $36.5 billion posted in 2024/2025. June 2026 saw inflows of about $4.2 billion, compared to $3.6 billion in June 2025, a rise of 15.6%. The overall fiscal-year increase amounts to roughly $10.8 billion. Fiscal data cover July 2025 through June 2026, while the $29.7 billion figure reflects January through July 2026.
Remittance Growth Maintains Double-Digit Momentum
The Central Bank of Egypt also announced a record $41.5 billion in remittances for calendar year 2025, up 40.5% from about $29.6 billion in 2024—an increase of roughly $11.9 billion in dollar terms. During the first half of fiscal 2025/2026, remittances reached about $22.1 billion, compared to $17.1 billion the previous year, reflecting a 29.6% rise over six months.
December 2025 recorded around $4.0 billion, a 24% increase from $3.2 billion in December 2024, marking a monthly record at the time. By January 2026, cumulative fiscal inflows totaled $25.6 billion, up 28.4% from $20.0 billion, and by February, the total had increased to about $29.4 billion from $23.0 billion a year earlier—an overall 28% rise for the eight-month fiscal span.
Official Reports Indicate Continued Elevated Remittance Levels
Growth persisted into spring with remittances from July through March reaching approximately $34.9 billion, a 32% increase from $26.4 billion. By April, the ten-month total climbed to about $39.2 billion, a 33.2% increase over the $29.4 billion a year prior. April alone brought in around $4.3 billion, a 44% rise from $3.0 billion in April 2025, with an absolute increase of roughly $1.3 billion.
By May, remittances for the year had hit about $43.1 billion, rising 31.2% from $32.8 billion in the same period last year. May inflows totaled roughly $3.9 billion, up 13.5% from approximately $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 before July’s data pushed the 2026 calendar-year total to $29.7 billion. Across all official reports, both cumulative and monthly figures continued to stay above the prior year’s levels.
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