CAIRO, EGYPT / RankWire.AI / – Remittances sent home by Egyptians working abroad totaled approximately $29.7 billion during the first seven months of 2026. The Central Bank of Egypt reported a 28.1% increase from about $23.2 billion in the same period of 2025. These figures represent the money transferred by Egyptians employed overseas and serve as the official data for the 2026 calendar year. The current total exceeds the amount in the same period last year by roughly $6.5 billion.
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 in the year. January remittances were around $3.5 billion, up 21% from $2.9 billion a year prior. February inflows increased to about $3.8 billion, a 25.7% jump from $3.0 billion in February 2025. Together, January and February contributed roughly $7.3 billion to the total remittances for the 2026 calendar year.
On a fiscal-year basis, remittances reached approximately $47.3 billion in 2025/2026. This was 29.6% higher than the $36.5 billion recorded during 2024/2025. In June 2026, inflows stood at around $4.2 billion, compared to $3.6 billion in June 2025, a 15.6% increase. The overall fiscal-year growth was about $10.8 billion. The data covers July 2025 through June 2026, whereas the $29.7 billion total reflects the period from January to July 2026.
Remittance Growth Continues with Double-Digit Expansion
The Central Bank of Egypt also announced that remittances in calendar year 2025 hit a record $41.5 billion. This was 40.5% higher than the roughly $29.6 billion sent home in 2024. The increase amounted to about $11.9 billion in dollar terms. During the first half of fiscal 2025/2026, remittances reached around $22.1 billion. A year earlier, the figure was $17.1 billion, representing a 29.6% rise for that six-month period.
Remittances in December 2025 hit about $4.0 billion, a 24% increase from $3.2 billion in December 2024. The bank called this a monthly record at that time. By January 2026, fiscal-year inflows had accumulated to $25.6 billion, up 28.4% from $20.0 billion. By February, the total increased to about $29.4 billion, compared to $23.0 billion a year earlier. This marked a 28% rise over the eight months of the fiscal period.
Official Data Indicate Continued Growth Across Periods
The upward trend persisted into the spring. Remittances from July to March of fiscal 2025/2026 reached roughly $34.9 billion, a 32% increase 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 brought in around $4.3 billion, a 44% rise from $3.0 billion in April 2025. The absolute monthly increase was approximately $1.3 billion.
By May, fiscal-year remittances hit about $43.1 billion, a 31.2% increase from $32.8 billion in the same period the previous year. In May, inflows totaled roughly $3.9 billion, up 13.5% from about $3.4 billion a year earlier. The total for 11 months was about $10.3 billion higher than the previous year. The fiscal year ended at $47.3 billion, before July brought the 2026 calendar-year total to $29.7 billion. Throughout the latest official reports, both cumulative and monthly figures remained above their respective figures from the previous year.