• Remittances from Egyptians abroad reached a record $41.5 billion in 2025, up 40.5% year-on-year.
• December inflows alone totaled $4 billion, marking the highest monthly level on record.
• Remittances ranked as Egypt’s third-largest source of foreign currency after exports and FDI.

Financial transfers from Egyptian migrants reached a record $41.5 billion in 2025, marking a 40.5% increase compared with 2024, according to data published February 23, by the Central Bank of Egypt.

In December alone, remittances totaled $4 billion, up from $3.2 billion in the same month a year earlier, setting a new monthly record.

Transfers from Egyptians living abroad had reached $29.6 billion in 2024, representing a 51.3% increase over 2023. They became the country’s third-largest source of foreign currency, after export revenues and foreign direct investment (FDI).

A safety net for Egypt’s economy

As Egypt continues efforts to stabilize its economy with strong backing from international lenders, migrant remittances act as a financial cushion. They support household consumption and help strengthen the country’s foreign exchange reserves during periods of pressure.

Egypt, with a population estimated at nearly 120 million, has a diaspora of about 14 million people. Most are based in Gulf oil monarchies, as well as in the United States, Canada, and Western Europe.

Walid Kéfi