Egypt's Balance of Payments Records $2.8 Billion Surplus Supported by Investment and Remittances
Egypt's balance of payments recorded a surplus of $2.8 billion in the fiscal year 2025/26, with foreign direct investment rising to $18 billion and remittances surging 29.6%.
Egypt's balance of payments recorded a surplus of $2.8 billion during the fiscal year 2025/26, driven by an increase in foreign currency inflows from several sources, as reported by Enterprise AM.
Net foreign direct investment inflows rose to $18.0 billion, while remittances from Egyptians abroad jumped 29.6% to $47.3 billion, making it one of the country's most vital sources of foreign exchange.
Tourism revenues recorded $18.4 billion, while Suez Canal revenues reached $4.4 billion, with foreign direct investment covering the largest portion of the current account gap.
This coincided with the International Monetary Fund raising its growth forecast for the Egyptian economy in 2026 to 5.1%, reflecting an improvement in the external indicators of the Egyptian economy.
What do these terms mean?
Balance of Payments: A record compiling all financial flows between the country and the world during a year, including exports, remittances, and investments, showing either a surplus or a deficit.
Current Account: The component of the balance of payments that measures trade in goods and services, income, and current transfers.
Foreign Direct Investment: A long-term investment under which a foreign investor places funds into a project within the country.
Remittances from Egyptians Abroad: Money sent by Egyptians working outside the country to their families inside Egypt.
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