Egypt’s remittances surge 27.2% to record $33.9B in eight months

During the first eight months of 2026, remittance inflows surged by 27.2%, reaching a record $33.9 billion between January and August, up from approximately $26.6 billion during the corresponding period in 2025.

By: Business Today Staff

Tue, Oct. 13, 2026

Remittances from Egyptians working abroad increased by 21.7% year-on-year in August 2026, reaching approximately $4.2 billion, compared to $3.5 billion in the same month last year, according to data released by the Central Bank of Egypt (CBE).

During the first eight months of 2026, remittance inflows surged by 27.2%, reaching a record $33.9 billion between January and August, up from approximately $26.6 billion during the corresponding period in 2025.

During fiscal year 2025/2026, remittances climbed by 29.6% to $47.3 billion, up from $36.5 billion in the previous fiscal year.

Remittances also recorded an all-time high in 2025, rising by 40.5% to approximately $41.5 billion, compared with $29.6 billion in 2024.