Workers' remittances paid reached 271 USD mil in 2017 in Egypt, according to the National Statistical Office. This is 23.1 % less than in the previous year.
Historically, workers' remittances paid in Egypt reached an all time high of 623 USD mil in 2015 and an all time low of 12.8 USD mil in 2004. When compared to Egypt's main peers, workers' remittances paid in Israel amounted to 5,967 USD mil, 36,119 USD mil in Saudi Arabia and 125 USD mil in Sudan in 2017.
Egypt has been ranked 83rd within the group of 142 countries we follow in terms of workers' remittances paid, 13 places behind the position seen 10 years ago.
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.