Remittances in Egypt decreased to 5909 USD Million in the third quarter of 2018 from 7005.40 USD Million in the second quarter of 2018. Remittances in Egypt averaged 3033.38 USD Million from 2002 until 2018, reaching an all time high of 7098.90 USD Million in the fourth quarter of 2017 and a record low of 655.20 USD Million in the first quarter of 2002.
Remittances in Egypt is expected to be 7284.99 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Egypt to stand at 8000.00 in 12 months time. In the long-term, the Egypt Remittances is projected to trend around 7000.00 USD Million in 2020, according to our econometric models.