Business · Economy · 12 hrs ago
Egypt’s current account deficit widens to $22.5 billion
Egypt’s current account deficit reached $22.5 billion in the 2025-26 financial year, compared with $15.4 billion the year before.
The Central Bank of Egypt said the deficit grew because gaps in trade in goods and investment income both widened.
Egypt’s financial year runs from July 1 to June 30.
Some sources of foreign currency increased: foreign direct investment inflows reached $18 billion, tourism revenue was $18.4 billion, and money sent home by Egyptians abroad rose to $47.3 billion.
Suez Canal revenue also increased, to $4.4 billion.
Imports of petroleum products fell by $1.2 billion, while natural gas imports rose by $4.7 billion.
The figures show that gains in these foreign-currency earnings did not prevent the overall current account deficit from widening.
Egypt’s current account deficit reached $22.5 billion in the 2025-2026 financial year, up from $15.4 billion the year before.
The Central Bank of Egypt attributed the increase to wider deficits in the goods trade balance and investment income balance.
Net foreign direct investment inflows rose to $18.0 billion from $12.2 billion.
Tourism revenue increased to $18.4 billion, while remittances from Egyptians abroad rose to $47.3 billion.
Suez Canal revenue reached $4.4 billion, compared with $3.6 billion in the previous financial year.
- Who
- The Central Bank of Egypt reported the figures.
- What
- The current account deficit widened to $22.5 billion.
- When
- In the 2025-2026 financial year. The report was published on October 12, 2026.
- Where
- Egypt.
- Why
- The central bank attributed the increase to wider deficits in the goods trade balance and investment income balance.
This story does not have two clearly opposing sides.
Egypt’s current account deficit was $15.4 billion.
The current account deficit rose to $22.5 billion.
Asharq Al-Awsat reported the figures attributed to the Central Bank of Egypt.
- Current account deficit
- $22.5 billion in 2025-2026
- Previous deficit
- $15.4 billion in the previous financial year
- Net foreign direct investment inflows
- $18.0 billion in 2025-2026
- Tourism revenue
- $18.4 billion in 2025-2026
- Remittances from Egyptians abroad
- $47.3 billion in 2025-2026
What people are saying
Suez Canal revenue reached $4.4 billion in the 2025-2026 financial year, compared with $3.6 billion in the previous year.







