Workers' remittances, net in Egypt
Egypt: Workers' remittances, net was 14.03 billion BoP, current US$ in 2011. ▲ Rising
Workers' remittances, net in Egypt, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for workers' remittances, net in Egypt is 14.03 billion BoP, current US$, measured in 2011. That is the highest value across all 7 years on record.
That represents a change of up 15.5% on the previous year and up 182.9% over ten years.
That places Egypt 2nd out of 39 countries with data for 2011, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.60 billion BoP, current US$ | 4.96 billion BoP, current US$ | 8.45 billion BoP, current US$ | 5 |
| 2010s | 13.09 billion BoP, current US$ | 12.15 billion BoP, current US$ | 14.03 billion BoP, 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 workers' remittances, net in Egypt?
- Workers' remittances, net in Egypt was 14.03 billion BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest workers' remittances, net recorded in Egypt?
- The highest recorded value was 14.03 billion BoP, current US$ in 2011.
- What is the lowest workers' remittances, net recorded in Egypt?
- The lowest recorded value was 4.96 billion BoP, current US$ in 2005.
- How does Egypt rank for workers' remittances, net?
- Egypt ranks 2nd out of 39 countries with data for 2011.
- Is workers' remittances, net rising or falling in Egypt?
- Over the last ten years it is up 182.9%. The long-run trend across the full record is rising.
- Where does this Egypt data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.