Remittance inflows to GDP in Egypt
Egypt: Remittance inflows to GDP was 8.1% in 2020. βΌ Falling
Remittance inflows to GDP in Egypt, 1977β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Egypt recorded 8.1% for remittance inflows to gdp in 2020.
Compared with earlier readings it is down 8.3% on the previous year and up 42.5% over ten years.
Over the whole period, remittance inflows to gdp in Egypt peaked at 14.6% in 1992 and was at its lowest, 2.9%, in 2000.
Egypt ranks 47th of 196 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.2% | 6.4% | 12.3% | 3 |
| 1980s | 9.7% | 6.1% | 12.4% | 10 |
| 1990s | 7.7% | 3.6% | 14.6% | 10 |
| 2000s | 4.3% | 2.9% | 5.9% | 10 |
| 2010s | 7.2% | 5.6% | 10.5% | 10 |
| 2020s | 8.1% | 8.1% | 8.1% | 1 |
Countries ranked near Egypt
More financial sector data for Egypt
- Net domestic credit (current LCU), per capita 154,531 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 50.08 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 18.14 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 145.56 million SDR (2025)
- Gold reserves at market value 13.26 billion SDR (2025)
- Reserves excluding gold, foreign exchange 22.11 billion SDR (2025)
- Reserves excluding gold 22.42 billion SDR (2025)
- Total reserves (gold at market value) 35.69 billion SDR (2025)
- Total reserves (gold at national valuation) 35.69 billion SDR (2025)
- Domestic credit to private sector by banks 25.8% (2025)
Frequently asked questions
- What is remittance inflows to gdp in Egypt?
- Remittance inflows to gdp in Egypt was 8.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Egypt?
- The highest recorded value was 14.6% in 1992.
- What is the lowest remittance inflows to gdp recorded in Egypt?
- The lowest recorded value was 2.9% in 2000.
- How does Egypt rank for remittance inflows to gdp?
- Egypt ranks 47th out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Egypt?
- Over the last ten years it is up 42.5%. The long-run trend across the full record is falling.
- Where does this Egypt data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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CSV Β· JSON β 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.