Remittances in Egypt increased to 7869 USD Million in the first quarter of 2020 from 6963.90 USD Million in the fourth quarter of 2019.

Remittances in Egypt averaged 3342.79 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 September of 2020.

Remittances in Egypt is expected to be 6300.00 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 6700.00 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
7869.00 6963.90 7869.00 655.20 2002 - 2020 USD Million Quarterly
Current Prices, NSA

Egypt Trade Last Previous Highest Lowest Unit
Balance of Trade -2277.00 -3309.00 235.50 -5056.10 USD Million [+]
Current Account -2764.70 -3192.00 1538.90 -5663.20 USD Million [+]
Current Account to GDP -3.60 -2.40 8.70 -8.50 percent [+]
Imports 4430.00 5558.00 7160.60 33.05 USD Million [+]
Exports 2153.00 2248.00 3063.40 12.63 USD Million [+]
External Debt 111292.20 112670.60 112670.60 26132.50 USD Million [+]
Foreign Direct Investment 3585.00 4899.00 5572.50 40.70 USD Million [+]
Capital Flows -1143.50 4576.20 11279.80 -4588.40 USD Million [+]
Remittances 7869.00 6963.90 7869.00 655.20 USD Million [+]
Tourism Revenues 12.57 9.80 12.57 3.80 USD Billion [+]
Gold Reserves 79.60 79.40 79.60 75.58 Tonnes [+]
Crude Oil Production 578.00 578.00 930.00 560.00 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).