Bank credit to bank deposits in Seychelles
Seychelles: Bank credit to bank deposits was 34.7% in 2021. ◆ Volatile
Bank credit to bank deposits in Seychelles, 1971–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Seychelles stood at 34.7%.
The figure is down 16.9% on the previous year and down 17.7% over ten years.
Over the whole period, bank credit to bank deposits in Seychelles peaked at 97.6% in 1978 and was at its lowest, 16.7%, in 1993.
Seychelles ranks 172nd of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bank credit to bank deposits in Seychelles, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 57.8% | — |
| 1972 | 70.5% | +22.1% |
| 1973 | 90.6% | +28.5% |
| 1974 | 93.2% | +2.9% |
| 1975 | 74.4% | -20.2% |
| 1976 | 77.9% | +4.8% |
| 1977 | 95.9% | +23.1% |
| 1978 | 97.6% | +1.8% |
| 1979 | 88.9% | -8.9% |
| 1980 | 68.0% | -23.5% |
| 1981 | 66.6% | -2.0% |
| 1982 | 66.8% | +0.3% |
| 1983 | 59.3% | -11.2% |
| 1984 | 46.0% | -22.5% |
| 1985 | 34.1% | -25.8% |
| 1986 | 26.1% | -23.6% |
| 1987 | 23.1% | -11.2% |
| 1988 | 20.4% | -11.8% |
| 1989 | 22.3% | +9.1% |
| 1990 | 21.0% | -5.6% |
| 1991 | 20.5% | -2.4% |
| 1992 | 18.9% | -8.0% |
| 1993 | 16.7% | -11.7% |
| 1994 | 17.1% | +2.4% |
| 1995 | 17.9% | +4.7% |
| 1996 | 17.8% | -0.2% |
| 1997 | 18.9% | +6.1% |
| 1998 | 19.3% | +1.8% |
| 1999 | 17.8% | -7.8% |
| 2000 | 19.6% | +10.6% |
| 2001 | 20.4% | +3.6% |
| 2002 | 21.5% | +5.6% |
| 2003 | 26.1% | +21.2% |
| 2004 | 29.7% | +13.8% |
| 2005 | 30.8% | +3.9% |
| 2006 | 30.0% | -2.8% |
| 2007 | 41.5% | +38.5% |
| 2008 | 49.9% | +20.1% |
| 2009 | 39.2% | -21.3% |
| 2010 | 42.7% | +8.9% |
| 2011 | 42.1% | -1.5% |
| 2012 | 45.9% | +8.9% |
| 2013 | 39.8% | -13.3% |
| 2014 | 39.3% | -1.1% |
| 2015 | 41.3% | +5.0% |
| 2016 | 40.6% | -1.8% |
| 2017 | 40.8% | +0.6% |
| 2018 | 42.3% | +3.6% |
| 2019 | 45.1% | +6.7% |
| 2020 | 41.7% | -7.6% |
| 2021 | 34.7% | -16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 83.0% | 57.8% | 97.6% | 9 |
| 1980s | 43.3% | 20.4% | 68.0% | 10 |
| 1990s | 18.6% | 16.7% | 21.0% | 10 |
| 2000s | 30.9% | 19.6% | 49.9% | 10 |
| 2010s | 42.0% | 39.3% | 45.9% | 10 |
| 2020s | 38.2% | 34.7% | 41.7% | 2 |
Countries ranked near Seychelles
More financial sector data for Seychelles
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 39.96 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 29.18 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 39.96 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Seychelles?
- Bank credit to bank deposits in Seychelles was 34.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Seychelles?
- The highest recorded value was 97.6% in 1978.
- What is the lowest bank credit to bank deposits recorded in Seychelles?
- The lowest recorded value was 16.7% in 1993.
- How does Seychelles rank for bank credit to bank deposits?
- Seychelles ranks 172nd out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Seychelles?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).