Bank nonperforming loans to total gross loans in Seychelles
Seychelles: Bank nonperforming loans to total gross loans was 4.7% in 2025. ▼ Falling
Bank nonperforming loans to total gross loans in Seychelles, 2010–2025
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
Seychelles recorded 4.7% for bank nonperforming loans to total gross loans in 2025.
Compared with earlier readings it is down 12.7% on the previous year and down 38.0% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Seychelles peaked at 9.2% in 2013 and was at its lowest, 2.6%, in 2019.
Seychelles ranks 47th of 150 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Bank nonperforming loans to total gross loans in Seychelles, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 5.5% | — |
| 2011 | 8.1% | +48.6% |
| 2012 | 9.0% | +10.9% |
| 2013 | 9.2% | +2.3% |
| 2014 | 8.0% | -13.3% |
| 2015 | 7.6% | -5.0% |
| 2016 | 6.6% | -13.5% |
| 2017 | 6.1% | -7.0% |
| 2018 | 3.3% | -45.5% |
| 2019 | 2.6% | -21.2% |
| 2020 | 3.2% | +21.2% |
| 2021 | 5.3% | +66.8% |
| 2022 | 7.4% | +39.5% |
| 2023 | 7.9% | +6.8% |
| 2024 | 5.4% | -31.8% |
| 2025 | 4.7% | -12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.6% | 2.6% | 9.2% | 10 |
| 2020s | 5.6% | 3.2% | 7.9% | 6 |
Countries ranked near Seychelles
More financial sector data for Seychelles
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 18.56 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.26 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 4,775 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 16.57 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 4,889 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 16.57 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 4,889 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 16.57 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 4,889 SDR per person (2024)
- Total reserves in months of imports, annual growth rate 15.78 % change on previous year (2024)
Frequently asked questions
- What is bank nonperforming loans to total gross loans in Seychelles?
- Bank nonperforming loans to total gross loans in Seychelles was 4.7% in 2025, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Seychelles?
- The highest recorded value was 9.2% in 2013.
- What is the lowest bank nonperforming loans to total gross loans recorded in Seychelles?
- The lowest recorded value was 2.6% in 2019.
- How does Seychelles rank for bank nonperforming loans to total gross loans?
- Seychelles ranks 47th out of 150 countries with data for 2025.
- Is bank nonperforming loans to total gross loans rising or falling in Seychelles?
- Over the last ten years it is down 38.0%. The long-run trend across the full record is falling.
- Where does this Seychelles data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.