Remittances in Egypt decreased to 6212.50 USD Million in the second quarter of 2020 from 7869 USD Million in the first quarter of 2020. source: Central Bank of Egypt

Remittances in Egypt averaged 3381.57 USD Million from 2002 until 2020, reaching an all time high of 7869 USD Million in the first quarter of 2020 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 February of 2021.

Remittances in Egypt is expected to be 6500.00 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 7000.00 USD Million in 2021 and 7400.00 USD Million in 2022, according to our econometric models.

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Egypt Remittances

Actual Previous Highest Lowest Dates Unit Frequency
6212.50 7869.00 7869.00 655.20 2002 - 2020 USD Million Quarterly
Current Prices, NSA

Egypt Trade Last Previous Highest Lowest Unit
Balance of Trade -3287.00 -2909.00 235.50 -5056.10 USD Million [+]
Current Account -2800.00 -3827.80 1538.90 -5663.20 USD Million [+]
Current Account to GDP -3.10 -3.60 8.70 -8.50 percent [+]
Imports 5491.00 5118.00 7160.60 33.05 USD Million [+]
Exports 2201.00 2204.00 3063.40 12.63 USD Million [+]
External Debt 123490.50 111292.20 123490.50 26132.50 USD Million [+]
Foreign Direct Investment 3090.70 3585.00 5572.50 40.70 USD Million [+]
Capital Flows 1284.00 -1143.50 11279.80 -4588.40 USD Million [+]
Remittances 6212.50 7869.00 7869.00 655.20 USD Million [+]
Tourism Revenues 12.57 9.80 12.57 3.80 USD Billion [+]
Gold Reserves 80.04 79.87 80.04 75.58 Tonnes [+]
Crude Oil Production 562.00 572.00 930.00 560.00 BBL/D/1K [+]
Terrorism Index 6.42 6.79 7.35 0.04 [+]


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