CAIRO, EGYPT / RankWire.AI / – From January to July 2026, Egyptians working abroad sent approximately $29.7 billion in remittances. According to the Central Bank of Egypt, this amount represents a 28.1% increase compared to about $23.2 billion during the same period in the previous year. The seven-month total added roughly $6.5 billion compared to the same timeframe in 2025. These figures encompass funds transferred home by Egyptians employed internationally, with the January-to-July rise following the record-high level reported for the entire 2025 calendar year.
Remittances in July alone amounted to around $4.5 billion, marking a 20% rise from approximately $3.8 billion in July 2025. Earlier months also experienced year-on-year growth. In January, inflows reached about $3.5 billion, up from $2.9 billion a year earlier. February saw remittance inflows climb to about $3.8 billion from $3.0 billion in February 2025. The combined inflows for January and February totaled roughly $7.3 billion, exceeding the same period in the previous year by about $1.4 billion. These early months contributed significantly to the overall increase within the first seven months.
The broader fiscal-year data also indicates a substantial rise in remittance inflows. Egypt received roughly $47.3 billion during fiscal 2025/2026, representing a 29.6% increase from $36.5 billion in the previous fiscal year. June 2026 contributed about $4.2 billion in remittances, compared with $3.6 billion in June 2025, which is a 15.6% monthly growth. The fiscal year spanned from July 2025 to June 2026, while the latest seven-month total tracks January through July 2026. In dollar terms, the total increase for the fiscal year was approximately $10.8 billion.
Increases in Remittance Inflows Are Evident Across Different Reporting Periods
Higher inflows are also reflected in calendar-year figures. Remittances reached about $41.5 billion in 2025, representing a 40.5% increase from around $29.6 billion in 2024. This amounts to a gain of approximately $11.9 billion. During the first half of fiscal 2025/2026, inflows totaled about $22.1 billion, up from $17.1 billion during the same period a year earlier—an increase of 29.6%. December 2025 recorded a monthly high of about $4.0 billion, up 24% from $3.2 billion a year before. By January 2026, cumulative fiscal-year remittances reached $25.6 billion, compared with $20.0 billion in the same period of the previous fiscal year. The Central Bank of Egypt reported about $29.4 billion through February, which is 28% higher than the approximately $23.0 billion during the comparable eight-month period. The year-on-year increase for December was roughly $800 million.
Remittance Growth Continues into Spring
Remittance totals kept climbing into the spring months. For July through March of fiscal 2025/2026, the combined inflows reached about $34.9 billion, 32% above the $26.4 billion recorded for the same period last year. By April, this total increased to approximately $39.2 billion, representing a 33.2% rise from $29.4 billion. April alone brought in about $4.3 billion, compared to $3.0 billion in April 2025, which is a 44% monthly increase or roughly $1.3 billion. By May, the fiscal-year remittance total had risen to about $43.1 billion, up 31.2% from $32.8 billion a year earlier. May inflows amounted to roughly $3.9 billion, versus about $3.4 billion in May 2025. The 11-month cumulative increase was approximately $10.3 billion. After June, the fiscal year closed at $47.3 billion, with July pushing the 2026 calendar-year total to $29.7 billion. All recent comparisons—monthly, calendar-year, and fiscal-year—continue to show levels above those of the previous year.