Remittances in Egypt increased to 6939.40 USD Million in the second quarter of 2019 from 6165.50 USD Million in the first quarter of 2019. Remittances in Egypt averaged 3178.26 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.

Remittances in Egypt is expected to be 6350.00 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 6400.00 in 12 months time. In the long-term, the Egypt Remittances is projected to trend around 7600.00 USD Million in 2020, according to our econometric models.


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Egypt Remittances

Actual Previous Highest Lowest Dates Unit Frequency
6939.40 6165.50 7098.90 655.20 2002 - 2019 USD Million Quarterly
Current Prices, NSA


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

Egypt Trade Last Previous Highest Lowest Unit
Balance of Trade -3220.00 -3491.00 235.50 -5056.10 USD Million [+]
Current Account -1382.20 -586.50 1538.90 -5663.20 USD Million [+]
Current Account to GDP -2.40 -6.10 8.70 -8.50 percent [+]
Imports 5612.00 5858.00 7160.60 33.05 USD Million [+]
Exports 2391.00 2367.00 3063.40 12.63 USD Million [+]
External Debt 108699.10 106220.80 108699.10 26132.50 USD Million [+]
Foreign Direct Investment 3412.80 3636.50 5572.50 40.70 USD Million [+]
Capital Flows 657.90 764.60 11279.80 -4588.40 USD Million [+]
Remittances 6939.40 6165.50 7098.90 655.20 USD Million [+]
Tourism Revenues 12.57 9.80 12.57 3.80 USD Billion [+]
Tourist Arrivals 885.00 861.00 1486.00 57.00 Thousand [+]
Gold Reserves 78.97 78.82 78.97 75.58 Tonnes [+]
Crude Oil Production 627.00 627.00 930.00 560.00 BBL/D/1K [+]
Terrorism Index 6.79 7.35 7.35 0.04 [+]