The Central Bank of Egypt published updated data showing a sharp rise in remittances from Egyptians working abroad, with inflows reaching about USD 29.4 billion over the ten-month period July to April of FY 2024/2025. Remittances over July to April were up 77.1% year on year from around USD 16.6 billion. Over January to April 2024/2025, inflows rose 72.3% year on year to around USD 12.4 billion (from approximately USD 7.2 billion), while April 2025 remittances increased 39.0% year on year to around USD 3.0 billion (from about USD 2.2 billion).
Central Bank of Egypt reports record surge in expatriate remittances to USD 29.4 billion in July to April FY 2024/2025
The Central Bank of Egypt reported a significant increase in remittances from Egyptians abroad, totaling approximately USD 29.4 billion from July to April of FY 2024/2025, a 77.1% rise year on year. Inflows from January to April 2024/2025 rose 72.3% to around USD 12.4 billion, with April 2025 alone seeing a 39.0% increase to about USD 3.0 billion.