CAIRO, EGYPT / RankWire.AI / – The Central Bank of Egypt announced that remittances from Egyptians working abroad amounted to approximately $29.7 billion during the initial seven months of 2026. This figure represents a 28.1% increase compared to roughly $23.2 billion in the same period of 2025, covering money sent home by Egyptians employed overseas. The total is about $6.5 billion higher than the amount recorded in the first seven months of 2025, providing the latest official figure for 2026.
In July alone, remittances reached about $4.5 billion, reflecting a 20% rise from approximately $3.8 billion in July 2025. This monthly figure continued the upward trend seen earlier in the year. January’s remittances were roughly $3.5 billion, up 21% from $2.9 billion in the same month a year prior. February saw inflows of about $3.8 billion, an increase of 25.7% from $3.0 billion in February 2025. The combined remittances for January and February totaled approximately $7.3 billion during the first half of 2026.
On a fiscal-year basis, remittances reached around $47.3 billion for 2025/2026, marking a 29.6% rise over the $36.5 billion recorded in fiscal 2024/2025. In June 2026, inflows were approximately $4.2 billion, compared with $3.6 billion in June 2025, representing a 15.6% increase. The total for the fiscal year grew by about $10.8 billion. The fiscal-year data covers July 2025 through June 2026, while the current $29.7 billion total accounts for January through July 2026.
Remittance Growth Continues at Double Digits
The Central Bank of Egypt also reported that 2025 saw a record $41.5 billion in remittances, a 40.5% increase from the approximately $29.6 billion sent home in 2024. This growth amounted to about $11.9 billion in dollar terms. During the first half of the fiscal year 2025/2026, remittances reached roughly $22.1 billion, up from $17.1 billion in the same period a year earlier, a 29.6% rise.
December 2025 saw remittance inflows of about $4.0 billion, a 24% increase from $3.2 billion in December 2024, setting a monthly record at that time. By January 2026, cumulative fiscal-year inflows had reached approximately $25.6 billion, a 28.4% increase from $20.0 billion. Through February, total inflows climbed to about $29.4 billion, compared with $23.0 billion a year earlier, representing a 28% rise over the eight-month fiscal period.
Official Data Indicate Elevated Inflows Across Periods
The upward trend persisted into the spring months. 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 sum reached about $39.2 billion, which is 33.2% higher than the $29.4 billion reported a year earlier. April alone contributed around $4.3 billion, a 44% increase from $3.0 billion in April 2025, with an absolute monthly gain of about $1.3 billion.
By May, fiscal-year remittances had climbed to approximately $43.1 billion, a 31.2% rise from $32.8 billion in the same period last year. In May, inflows were about $3.9 billion, up 13.5% from roughly $3.4 billion in the previous year. The total for the eleven months was about $10.3 billion higher than the previous period. The fiscal year concluded at $47.3 billion before July’s figures brought the 2026 calendar-year total to $29.7 billion. Throughout the latest official releases, both cumulative and monthly figures stayed above their comparable periods from the previous year.