CAIRO, EGYPT / RankWire.AI / – The inflow of remittances into Egyptians working abroad has reached approximately $29.7 billion in the first seven months of 2026. The Central Bank of Egypt reported a 28.1% increase from around $23.2 billion during January through July 2025. These figures reflect funds sent home by Egyptians employed overseas and represent the latest official data for the 2026 calendar year. The current total exceeds the amount recorded in the same period of 2025 by about $6.5 billion.
In July alone, remittances totaled roughly $4.5 billion, marking a 20% rise from approximately $3.8 billion in July 2025. This monthly figure builds on earlier increases reported earlier in the year. January’s inflows were around $3.5 billion, up 21% from $2.9 billion in the same month of the previous year. February saw about $3.8 billion, a 25.7% increase from $3.0 billion in February 2025. Combining January and February, the remittances contributed about $7.3 billion to the total for the first seven months of 2026.
On a fiscal-year basis, remittances amounted to approximately $47.3 billion in 2025/2026, which is 29.6% higher than the $36.5 billion recorded in fiscal 2024/2025. In June 2026, inflows were approximately $4.2 billion, compared to $3.6 billion in June 2025, reflecting a 15.6% rise. The total increase over the fiscal year reached about $10.8 billion. The fiscal-year data covers the period from July 2025 to June 2026, whereas the $29.7 billion total for January through July 2026 pertains specifically to the calendar year.
Remittance inflows continue to grow at double-digit rates
The Central Bank of Egypt also announced a record $41.5 billion in remittances during the calendar year 2025, representing a 40.5% increase over the approximately $29.6 billion sent home in 2024. This growth equates to about $11.9 billion in dollar terms. During the first half of fiscal 2025/2026, remittances reached about $22.1 billion, up from $17.1 billion in the same period of the previous year, a 29.6% rise.
Remittances in December 2025 amounted to roughly $4.0 billion, a 24% increase from $3.2 billion in December 2024, setting a monthly record at the time. By January 2026, fiscal-year inflows had reached approximately $25.6 billion, up 28.4% from $20.0 billion. Through February, the total had increased to about $29.4 billion, compared with $23.0 billion a year earlier, representing a 28% rise over the eight months of the fiscal period.
Official figures indicate robust growth in inflows across reporting periods
The upward trend persisted into spring. Remittances from July to March of fiscal 2025/2026 totaled approximately $34.9 billion, a 32% increase from $26.4 billion. By April, the cumulative total for ten months climbed to about $39.2 billion, which is 33.2% higher than the $29.4 billion reported during the same period last year. April alone contributed around $4.3 billion, a 44% increase from $3.0 billion in April 2025, with an absolute increase of roughly $1.3 billion.
By May, the fiscal-year remittances had reached roughly $43.1 billion, a 31.2% increase from $32.8 billion in the same period of the previous year. May inflows totaled about $3.9 billion, up 13.5% from approximately $3.4 billion a year earlier. The total for 11 months was around $10.3 billion higher than in the prior year. The fiscal year concluded at $47.3 billion before July’s figures pushed the calendar-year total for 2026 to $29.7 billion. Throughout the latest official releases, both cumulative and monthly figures continued to remain above their respective figures from the previous year.