CAIRO: Remittances sent home by Egyptians working abroad rose 40.5% in 2025 to about $41.5 billion, the Central Bank of Egypt said, marking the highest annual level on record. The increase compares with roughly $29.6 billion recorded in 2024, reflecting a sharp year on year expansion in one of the country’s main sources of foreign currency. The figures are based on transfers processed through the formal banking system and regulated financial channels.
Remittances remain a central component of Egypt’s external accounts, contributing to foreign currency liquidity and supporting household income flows. The central bank tracks these transfers as part of its balance of payments framework, alongside other major inflows. The latest annual data provide a consolidated view of funds sent by Egyptians working abroad over the 12 month period ending December 2025.
The central bank also reported continued gains into the current fiscal year, which runs from July through June. In the first half of fiscal year 2025-2026, covering July to December 2025, remittances increased 29.6% year on year to about $22.1 billion. That compares with approximately $17.1 billion during the same period of the previous fiscal year, according to official data.
Record Annual Inflow
Monthly figures pointed to a strong close to the year. Remittances in December 2025 rose 24.0% from a year earlier to $4.0 billion, compared with $3.2 billion in December 2024. The central bank described the December total as the highest monthly inflow recorded in its reporting, capping a year of elevated transfer volumes.
Quarterly data also reflected sustained growth during 2025. Remittances in the second quarter of 2025 increased 29.8% to around $10.8 billion, up from about $8.3 billion in the same quarter of 2024. The quarterly performance aligns with the broader annual increase and provides additional detail on the timing of inflows throughout the year.
First-Half Fiscal Year Rise
The July to December 2025 total of $22.1 billion represents more than half of the full calendar year 2025 figure cited by the central bank. These six month results offer an updated measure of remittance flows early in fiscal year 2025-2026, based on realized transactions recorded through official channels. The data reflect transfers captured within the formal financial system rather than informal mechanisms.
The 2025 annual total of about $41.5 billion and the first half fiscal year figure of $22.1 billion stand as the most recent official remittance data released by the central bank. By publishing annual, quarterly and monthly breakdowns, the bank provides detailed insight into one of Egypt’s largest foreign currency inflows. The reported increase underscores the scale of expatriate transfers within the country’s external accounts. – By Content Syndication Services.