Record Growth in Remittances from Egyptians Abroad

Remittances from Egyptian Workers abroad witnessed a remarkable upswing during

the first eight months of 2025, increasing by 47.2% compared to the same period in 2024

According to official data, total inflows reached USD 26.6 billion, up from USD 18.1 billion

a year earlier  marking one of the highest levels in recent years

This surge reflects growing confidence in the Egyptian economy, improved financial stability

and the Central Bank of Egypt’s continuous efforts to streamline money transfer channels and

attract more foreign currency inflows through the official banking system

Strong Monthly Performance in August 2025

On a monthly basis, Egyptian remittances in August 2025 jumped by 32.6%, reaching

Central Bank Egyptian Workers USD 3.5 billion, compared to USD 2.6 billion in August 2024

The consistent monthly growth highlights the resilience of remittance inflows and their

vital role in supporting foreign currency reserves and economic stability in Egypt

Egyptian Workers: The Economic Importance of Remittances

Remittances from Egyptians abroad remain one of Egypt’s most crucial sources of foreign

exchange earnings, helping strengthen the balance of payments and ensuring the availability

of hard currency to finance essential imports

In addition, remittances contribute significantly to household income, supporting millions of

Egyptian families, while also boosting consumption and overall economic growth

The steady expansion in digital banking and fintech solutions has also facilitated smoother

faster, and more secure money transfers, reducing reliance on informal channels

Egyptian Workers: Outlook for Continued Growth

Economic analysts anticipate that remittances will continue to grow during the remainder

of 2025, supported by a stable exchange rate, rising trust in Egypt’s banking sector, and

the expanding presence of Egyptians in international labor markets

The strong performance of remittances from Egyptians abroad underscores their central

role in sustaining Egypt’s economic stability and boosting foreign currency reserves, positioning

them as a key driver of financial resilience throughout 2025