CAIRO, EGYPT / RankWire.AI / – Remittances from Egyptians working abroad totaled approximately $29.7 billion in the first seven months of 2026. The Central Bank of Egypt reported that inflows increased by 28.1% compared to about $23.2 billion during January through July 2025. These figures represent funds 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 recorded during the same period in 2025.
In July alone, remittances reached around $4.5 billion, reflecting a 20% increase from approximately $3.8 billion in July 2025. This monthly figure followed earlier upward trends noted earlier in the year. January saw remittances of about $3.5 billion, which is a 21% rise from $2.9 billion the previous year. In February, inflows climbed to about $3.8 billion, marking a 25.7% increase from $3.0 billion in February 2025. Together, January and February contributed roughly $7.3 billion to the total remittances recorded for the 2026 calendar year.
On a fiscal-year basis, remittances reached about $47.3 billion for 2025/2026, representing a 29.6% growth compared to the $36.5 billion seen in fiscal 2024/2025. In June 2026, inflows stood at approximately $4.2 billion, up from $3.6 billion in June 2025, an increase of 15.6%. The entire fiscal-year increase amounted to roughly $10.8 billion. These fiscal-year figures cover July 2025 through June 2026, while the current $29.7 billion total only accounts for January through July 2026.
Remittance flows maintain double-digit expansion
The Central Bank of Egypt also announced a record $41.5 billion in remittances for the calendar year 2025. This sum was 40.5% higher than the approximately $29.6 billion sent home in 2024, equating to an increase of about $11.9 billion in dollar terms. During the first half of fiscal 2025/2026, remittances reached roughly $22.1 billion, compared to $17.1 billion in the same period a year earlier, reflecting a 29.6% rise.
December 2025 remittances hit about $4.0 billion, marking a 24% rise from $3.2 billion in December 2024, which the bank identified as a monthly record. By January 2026, cumulative fiscal inflows had grown to $25.6 billion, a 28.4% increase from $20.0 billion. As of February, the total reached approximately $29.4 billion, up from $23.0 billion a year earlier, signifying a 28% growth over the eight-month fiscal period.
Official figures indicate rising inflows across periods
The upward trend persisted into spring. Remittances from July through March of fiscal 2025/2026 totaled about $34.9 billion, a 32% increase from $26.4 billion. By April, the ten-month total climbed to roughly $39.2 billion, a 33.2% rise from $29.4 billion a year earlier. April alone contributed about $4.3 billion, which is a 44% jump from $3.0 billion in April 2025, amounting to an absolute increase of about $1.3 billion.
By May, fiscal-year remittances reached approximately $43.1 billion, a 31.2% increase from $32.8 billion during the same period last year. May inflows totaled about $3.9 billion, up 13.5% from around $3.4 billion the previous year. The eleven-month total surpassed the prior year’s figure by roughly $10.3 billion. The fiscal year concluded at $47.3 billion before July pushed the 2026 calendar total to $29.7 billion. Throughout all recent official data, both cumulative and monthly figures stayed above their comparable periods from the previous year.
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