CAIRO, EGYPT / RankWire.AI / – From January to July 2026, the total remittances sent home by Egyptians working overseas amounted to approximately $29.7 billion. The Central Bank of Egypt reported that this figure increased by 28.1% compared to about $23.2 billion during the same period last year. This seven-month rise added roughly $6.5 billion in comparison to the first seven months of 2025. The data exclusively cover money sent home by Egyptians employed abroad. The January-to-July growth follows the record high recorded for the entire year of 2025.
Remittances in July alone reached approximately $4.5 billion, representing a 20% increase from about $3.8 billion in July 2025. Earlier months also saw year-on-year growth. In January, inflows hit roughly $3.5 billion, up from $2.9 billion in the same month last year. February remittance inflows rose to around $3.8 billion from $3.0 billion in February 2025. The combined total for January and February was about $7.3 billion, exceeding their combined figure from the previous year by roughly $1.4 billion.
The broader fiscal-year figures also displayed a higher volume of remittance inflows. During fiscal 2025/2026, Egypt received around $47.3 billion, a 29.6% increase from $36.5 billion in the prior fiscal year. In June 2026, remittances amounted to approximately $4.2 billion, up from $3.6 billion in June 2025, marking a 15.6% rise. The fiscal year spanned from July 2025 to June 2026, whereas the current seven-month data covers January through July 2026. The increase over the fiscal year in dollar terms was about $10.8 billion.
Growth in Remittance Flows Seen Across Periods
Data for the calendar year also reflect rising inflows. In 2025, remittances totaled approximately $41.5 billion, a 40.5% jump from about $29.6 billion in 2024, equating to an increase of roughly $11.9 billion. In the first half of fiscal 2025/2026, inflows reached about $22.1 billion, compared with $17.1 billion during the same period the previous year, a 29.6% rise. December 2025 alone saw a monthly record of about $4.0 billion, up 24% from $3.2 billion in the previous year. By January 2026, total remittances for the fiscal year had reached $25.6 billion, compared to $20.0 billion in the same period of the previous year. The Central Bank of Egypt later reported that February’s inflows stood at about $29.4 billion, a 28% increase from roughly $23.0 billion during the same eight months. December’s year-on-year increase was approximately $800 million.
Spring Data Extend the Remittance Growth Trend
Remittance totals continued to rise through the spring months. For July through March of fiscal 2025/2026, inflows reached around $34.9 billion, representing a 32% increase over the $26.4 billion reported during the same period last year. By April, the cumulative total had grown to approximately $39.2 billion, up 33.2% from $29.4 billion. April alone generated about $4.3 billion, compared to $3.0 billion in April 2025, marking a 44% month-on-month increase or roughly $1.3 billion.
By May, remittances for the entire fiscal year had risen to about $43.1 billion, an increase of 31.2% from $32.8 billion a year earlier. May inflows reached roughly $3.9 billion, versus approximately $3.4 billion in May 2025. The 11-month total increase was around $10.3 billion. The fiscal year concluded at $47.3 billion after June, while July’s figures brought the 2026 calendar-year total to $29.7 billion. All recent comparisons—monthly, calendar, and fiscal—remain above their respective figures from the previous year.