CAIRO, EGYPT / RankWire.AI / – Remittances sent home by Egyptians working abroad amounted to approximately $29.7 billion during the first seven months of 2026. The Central Bank of Egypt announced that inflows increased by 28.1% from roughly $23.2 billion in the same period of 2025. These figures encompass funds remitted by Egyptians employed overseas and represent the latest official data for the 2026 calendar year. The total is about $6.5 billion higher than the amount recorded during January through July 2025.
In July alone, remittances reached approximately $4.5 billion, reflecting a 20% rise from about $3.8 billion in July 2025. This monthly figure followed earlier growth reported earlier in the year. Remittances in January were approximately $3.5 billion, marking a 21% increase from $2.9 billion in the same month of the previous year. February inflows totaled around $3.8 billion, up by 25.7% from $3.0 billion in February 2025. Combined, January and February contributed nearly $7.3 billion to the total remittances recorded during the 2026 calendar year.
On a fiscal-year basis, the total remittance inflow was about $47.3 billion for 2025/2026. This figure represented a 29.6% increase compared to the $36.5 billion registered in fiscal 2024/2025. In June 2026, inflows stood at roughly $4.2 billion, up from $3.6 billion in June 2025, which is a 15.6% rise. The year-over-year increase for the fiscal period was approximately $10.8 billion. The fiscal-year data covers the period from July 2025 to June 2026, while the new total of $29.7 billion only accounts for January through July 2026.
Remittance Growth Maintains Double-Digit Expansion
During calendar year 2025, the Central Bank of Egypt also reported a record $41.5 billion in remittances, which was 40.5% higher than the roughly $29.6 billion sent home in 2024. This increase amounted to about $11.9 billion in dollar terms. For the first half of fiscal 2025/2026, remittances reached approximately $22.1 billion, compared to $17.1 billion a year earlier, representing a 29.6% rise over six months.
Remittances in December 2025 reached around $4.0 billion, up by 24% from $3.2 billion in December 2024, setting a monthly record at that time. By January 2026, cumulative inflows for the fiscal year hit about $25.6 billion, an increase of 28.4% from $20.0 billion. Through February, the total rose further to approximately $29.4 billion, compared with $23.0 billion during the same period the previous year. This marked a 28% growth over the eight-month fiscal span.
Official Figures Indicate Rising Inflows Across Periods
The upward trend persisted into the spring months. Remittances from July through March of fiscal 2025/2026 totaled roughly $34.9 billion, a 32% increase from $26.4 billion. By April, the total for ten months had climbed to about $39.2 billion, exceeding the previous year’s figure by 33.2%. April alone contributed approximately $4.3 billion, a 44% rise from $3.0 billion in April 2025. The monthly increase in dollar terms was around $1.3 billion.
By May, remittances for the fiscal year had reached approximately $43.1 billion, reflecting a 31.2% rise from $32.8 billion in the same period last year. May inflows were about $3.9 billion, up 13.5% from roughly $3.4 billion a year earlier. The total over 11 months was roughly $10.3 billion higher than the same period in the previous year. The fiscal year closed at $47.3 billion, with the calendar-year total for January to July 2026 reaching $29.7 billion. Across all recent official reports, both cumulative and monthly figures remained above their respective values from the previous year.