Migrant remittance inflows in Egypt
Egypt: Migrant remittance inflows was 14.32 billion current US$ in 2011. ◆ Volatile
Migrant remittance inflows in Egypt, 1977–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance inflows in Egypt stood at 14.32 billion current US$. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 15.0% on the previous year and up 392.0% over ten years.
Over the whole period, migrant remittance inflows in Egypt peaked at 14.32 billion current US$ in 2011 and was at its lowest, 927.66 million current US$, in 1977.
That places Egypt 2nd out of 50 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.64 billion current US$ | 927.66 million current US$ | 2.21 billion current US$ | 3 |
| 1980s | 3.13 billion current US$ | 2.18 billion current US$ | 3.96 billion current US$ | 10 |
| 1990s | 4.04 billion current US$ | 3.11 billion current US$ | 6.10 billion current US$ | 10 |
| 2000s | 4.88 billion current US$ | 2.85 billion current US$ | 8.69 billion current US$ | 10 |
| 2010s | 13.39 billion current US$ | 12.45 billion current US$ | 14.32 billion current US$ | 2 |
Countries ranked near Egypt
More trade data for Egypt
- Net long-term borrowing -19.50 million BoP, current US$ (2011)
- Pesticides imports 66.67 million FAO, current US$ (2011)
- Lead time to export, median case 2 days (2018)
- Food imports excluding fish 10.12 billion FAO, current US$ (2010)
- Total agricultural imports 11.74 billion FAO, current US$ (2010)
- Cereal imports 3.89 billion FAO, current US$ (2010)
- Cereal imports quantity 16.80 million FAO, tonnes (2010)
- Total agricultural exports 2.45 billion FAO, current US$ (2010)
- Cereal exports 146.40 million FAO, current US$ (2010)
- Cereal exports quantity 352,671 FAO, tonnes (2010)
Frequently asked questions
- What is migrant remittance inflows in Egypt?
- Migrant remittance inflows in Egypt was 14.32 billion current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
- What is the highest migrant remittance inflows recorded in Egypt?
- The highest recorded value was 14.32 billion current US$ in 2011.
- What is the lowest migrant remittance inflows recorded in Egypt?
- The lowest recorded value was 927.66 million current US$ in 1977.
- How does Egypt rank for migrant remittance inflows?
- Egypt ranks 2nd out of 50 countries with data for 2011.
- Is migrant remittance inflows rising or falling in Egypt?
- Over the last ten years it is up 392.0%. The long-run trend across the full record is volatile.
- Where does this Egypt data come from?
- The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance inflows (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Migrants’ remittances are defined as the sum of worker’s remittances,