Migrant remittance outflows in Egypt
Egypt: Migrant remittance outflows was 292.90 million current US$ in 2011. ◆ Volatile
Migrant remittance outflows in Egypt, 1989–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance outflows in Egypt stood at 292.90 million current US$.
The figure is down 3.9% on the previous year and up 744.1% over ten years.
Over the whole period, migrant remittance outflows in Egypt peaked at 344.20 million current US$ in 1997 and was at its lowest, 12.80 million current US$, in 2004.
That places Egypt 6th out of 49 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 33.18 million current US$ | 33.18 million current US$ | 33.18 million current US$ | 1 |
| 1990s | 154.35 million current US$ | 26.50 million current US$ | 344.20 million current US$ | 10 |
| 2000s | 104.09 million current US$ | 12.80 million current US$ | 254.80 million current US$ | 10 |
| 2010s | 298.85 million current US$ | 292.90 million current US$ | 304.80 million 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 outflows in Egypt?
- Migrant remittance outflows in Egypt was 292.90 million 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 outflows recorded in Egypt?
- The highest recorded value was 344.20 million current US$ in 1997.
- What is the lowest migrant remittance outflows recorded in Egypt?
- The lowest recorded value was 12.80 million current US$ in 2004.
- How does Egypt rank for migrant remittance outflows?
- Egypt ranks 6th out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Egypt?
- Over the last ten years it is up 744.1%. 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 outflows (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 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,