CAIRO, EGYPT / RankWire.AI / – Remittances sent home by Egyptians working abroad totaled approximately $29.7 billion during the initial seven months of 2026. The Central Bank of Egypt reported that inflows increased by 28.1% compared to around $23.2 billion recorded from January through July 2025. These figures represent funds remitted by Egyptians employed internationally and serve as the latest official data for the 2026 calendar year. The total is roughly $6.5 billion higher than the amount documented in the same period of 2025.
In July alone, remittances reached about $4.5 billion, marking a 20% rise from approximately $3.8 billion in July 2025. This monthly figure follows earlier increases observed earlier in the year. January’s inflows amounted to about $3.5 billion, up 21% from $2.9 billion a year prior. February saw about $3.8 billion in remittances, an increase of 25.7% over February 2025’s $3.0 billion. The combined remittances for January and February totaled roughly $7.3 billion during the 2026 calendar year.
On a fiscal-year basis, remittances amounted to approximately $47.3 billion in 2025/2026, representing a 29.6% increase from the $36.5 billion recorded in fiscal 2024/2025. In June 2026, inflows reached about $4.2 billion, compared to $3.6 billion in June 2025, indicating a 15.6% rise. The total increase over the fiscal year was about $10.8 billion. The fiscal-year data spans from July 2025 through June 2026, while the reported $29.7 billion total covers January through July 2026.
Remittance growth persists at double digits
The Central Bank of Egypt also announced that a record $41.5 billion was remitted in the calendar year 2025, a 40.5% rise compared to roughly $29.6 billion in 2024. This increase amounted to about $11.9 billion in dollar terms. During the first half of fiscal 2025/2026, remittances reached roughly $22.1 billion, up from $17.1 billion a year earlier, reflecting a 29.6% increase over the six-month period.
December 2025 remittances hit about $4.0 billion, a 24% increase from $3.2 billion in December 2024, setting a monthly record at the time. By January 2026, cumulative inflows for the fiscal year reached $25.6 billion, up 28.4% from $20.0 billion. Through February, the total rose to approximately $29.4 billion, compared with $23.0 billion in the same period of the previous year, representing a 28% increase over eight months.
Official figures indicate sustained higher remittance levels across reporting periods
The upward trend persisted into spring. Remittances from July to March of fiscal 2025/2026 totaled around $34.9 billion, a 32% rise from $26.4 billion. By April, the ten-month total climbed to about $39.2 billion, which is 33.2% higher than the $29.4 billion reported a year earlier. April alone saw about $4.3 billion in remittances, a 44% increase from $3.0 billion in April 2025, with an absolute increase of approximately $1.3 billion.
By May, the fiscal-year remittances reached approximately $43.1 billion, a 31.2% increase from $32.8 billion in the same period last year. May inflows totaled about $3.9 billion, up 13.5% from roughly $3.4 billion in May 2025. The eleven-month total exceeded the previous year’s figure by about $10.3 billion. The fiscal year concluded at $47.3 billion before July pushed the 2026 calendar-year total to $29.7 billion. Across the latest official data, both cumulative and monthly figures consistently remained higher than their respective comparisons from the previous year.