Remittances in Egypt increased to 6963.90 USD Million in the fourth quarter of 2019 from 6712.60 USD Million in the third quarter of 2019.

Remittances in Egypt averaged 3279.93 USD Million from 2002 until 2019, reaching an all time high of 7098.90 USD Million in the fourth quarter of 2017 and a record low of 655.20 USD Million in the first quarter of 2002. This page provides - Egypt Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Remittances - values, historical data and charts - was last updated on June of 2020.

Remittances in Egypt is expected to be 7800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Egypt to stand at 7000.00 in 12 months time. In the long-term, the Egypt Remittances is projected to trend around 7600.00 USD Million in 2021, according to our econometric models.

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Egypt Remittances

Actual Previous Highest Lowest Dates Unit Frequency
6963.90 6712.60 7098.90 655.20 2002 - 2019 USD Million Quarterly
Current Prices, NSA

Egypt Trade Last Previous Highest Lowest Unit
Balance of Trade -2693.00 -1949.00 235.50 -5056.10 USD Million [+]
Current Account -3192.00 -1382.20 1538.90 -5663.20 USD Million [+]
Current Account to GDP -3.60 -2.40 8.70 -8.50 percent [+]
Imports 4931.00 4643.00 7160.60 33.05 USD Million [+]
Exports 2238.00 2694.00 3063.40 12.63 USD Million [+]
External Debt 112670.60 109362.60 112670.60 26132.50 USD Million [+]
Foreign Direct Investment 4899.00 4261.90 5572.50 40.70 USD Million [+]
Capital Flows 4576.20 657.90 11279.80 -4588.40 USD Million [+]
Remittances 6963.90 6712.60 7098.90 655.20 USD Million [+]
Tourism Revenues 12.57 9.80 12.57 3.80 USD Billion [+]
Gold Reserves 79.40 78.97 79.40 75.58 Tonnes [+]
Crude Oil Production 578.00 627.00 930.00 560.00 BBL/D/1K [+]
Terrorism Index 6.79 7.35 7.35 0.04 [+]


Egypt Remittances
In Egypt, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).