Egypt received a record $41.5bn in remittances in 2025, 31.7% above the previous record set in 2021

Key Takeaways

  • Egypt received a record $41.5 billion in remittances in 2025.
  • Remittances increased 40.2% from 2024.
  • The 2025 inflow was 31.7% above the previous record set in 2021.
  • Remittances fell to $19.5 billion in 2023 before rebounding sharply.
  • Remittances more than doubled between 2023 and 2025.
  • Egypt received about $497.9 billion in remittances from 1980 to 2025.
  • The March 2024 FX reforms preceded the sharp recovery in remittance inflows.
  • 2025 marked the highest annual remittance inflow in the series.

Egypt’s remittance inflows reached a record $41.5 billion in 2025, rising 40.2% from 2024 and 31.7% above the previous record set in 2021.

Remittances had fallen to $19.5 billion in 2023 after peaking at $31.5 billion in 2021, making the subsequent rebound particularly sharp.

The recovery came after Egypt’s March 2024 foreign-exchange reforms, which narrowed the gap between official and parallel-market exchange rates. Analysts have attributed part of the subsequent increase in remittances to more transfers moving through formal channels.

The 2025 record means Egypt received more remittances in a single year than at any other point in the 1980–2025 series, bringing cumulative inflows over the period to about $497.9 billion.

Source:

World Bank

Period:

1980–2025
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