Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Remittances from Egyptians living abroad hit $31.5bn in 2021

Sun 17 Apr 2022 | 05:31 PM

Remittances from Egyptians working abroad reached $31.5 billion in 2021 as compared to $29.6 billion in 2020.

Egypt’s Information and Decision Support Center said the remittances witnessed an unprecedented increase of 72 percent between 2015 and 2021.

It said the remittances amounted to around $26.8 billion and $18.3 billion in 2019 and 2015 respectively.

According to data from the Central Agency for Public Mobilization and Statistics, the total number of Egyptians living abroad has reached around 9 million.

The data showed that the majority of Egyptians residing abroad are concentrated in the Arab countries mostly in Saudi Arabia, Jordan and the UAE.