Bank non-performing loans to gross loans (%) in Seychelles
Seychelles: Bank non-performing loans to gross loans (%) was 3.3% in 2020. ▲ Rising
Bank non-performing loans to gross loans in Seychelles, 2006–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank non-performing loans to gross loans in Seychelles is 3.3%, measured in 2020.
The figure is down 6.4% on the previous year and down 40.3% over ten years.
Over the whole period, bank non-performing loans to gross loans in Seychelles peaked at 9.2% in 2013 and was at its lowest, 2.0%, in 2008.
That places Seychelles 79th out of 141 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Bank non-performing loans to gross loans (%) in Seychelles, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 4.4% | — |
| 2007 | 2.3% | -47.7% |
| 2008 | 2.0% | -13.0% |
| 2009 | 3.8% | +90.0% |
| 2010 | 5.5% | +43.8% |
| 2011 | 8.1% | +48.6% |
| 2012 | 9.0% | +10.9% |
| 2013 | 9.2% | +2.4% |
| 2014 | 8.0% | -13.4% |
| 2015 | 7.6% | -5.0% |
| 2016 | 6.8% | -11.0% |
| 2017 | 8.1% | +20.3% |
| 2018 | 4.4% | -45.4% |
| 2019 | 3.5% | -21.2% |
| 2020 | 3.3% | -6.4% |
Seychelles compared with similar countries
- Seychelles's 3.3% is above the median for high income countries, which is 2.0%, 1.6× the median. (55 countries reporting)
- Seychelles's 3.3% is below the median for Sub-Saharan Africa, which is 8.2%, 40% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | 2.0% | 4.4% | 4 |
| 2010s | 7.0% | 3.5% | 9.2% | 10 |
| 2020s | 3.3% | 3.3% | 3.3% | 1 |
Countries ranked near Seychelles
- 76 Tonga 3.7% compare
- 77 Ireland 3.5% compare
- 78 Philippines 3.5% compare
- 80 North Macedonia 3.3% compare
- 81 Thailand 3.2% compare
- 82 Trinidad and Tobago 3.2% compare
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 non-performing loans to gross loans in Seychelles?
- Bank non-performing loans to gross loans in Seychelles was 3.3% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest bank non-performing loans to gross loans recorded in Seychelles?
- The highest recorded value was 9.2% in 2013.
- What is the lowest bank non-performing loans to gross loans recorded in Seychelles?
- The lowest recorded value was 2.0% in 2008.
- How does Seychelles rank for bank non-performing loans to gross loans?
- Seychelles ranks 79th out of 141 countries with data for 2020.
- Is bank non-performing loans to gross loans rising or falling in Seychelles?
- Over the last ten years it is down 40.3%. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Bank non-performing loans to gross loans (%). Statizoid updates them automatically from the source API.
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About this data
Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.