Quarterly value of remittances received in Egypt 2019-2023
The total value of remittances received in Egypt was nearly 6.4 billion U.S. dollars in the first quarter of 2022/2023. This was lower than in the first quarter of the previous fiscal year, when 8.1 billion U.S. dollars were transferred to Egypt. Over the observed period, remittance payments peaked in the fourth quarter of 2021/2022, while they were lowest in the fourth quarter of 2019/2020.