• Egypt’s diaspora sent $37.5 billion in remittances during the first 11 months of 2025, up 42% year on year.
• Remittances became Egypt’s third-largest source of foreign currency in 2024, after exports and foreign direct investment.
• Egypt counts an estimated 14 million expatriates, mainly in the Gulf, North America, and Western Europe.

Financial transfers from Egyptians living abroad reached $37.5 billion during the first eleven months of 2025. The Central Bank of Egypt published the data on Monday, January 5. The figure represented a 42% increase compared with the same period in 2024. In November alone, remittances totaled $3.6 billion, marking a 39.9% year-on-year rise.

In 2024, remittances from Egyptians abroad reached $29.6 billion, reflecting a 51.3% increase compared with 2023. As a result, these inflows became the third-largest source of foreign currency for Egypt, after export revenues and foreign direct investment.

Egypt has an estimated population of nearly 120 million people. The country also has a diaspora estimated at around 14 million people. Most expatriates live in Gulf oil monarchies, the United States, Canada, and Western Europe.

This article was initially published in French by Walid Kéfi

Adapted in English by Ange Jason Quenum