Borrowers from commercial banks in Seychelles
Seychelles: Borrowers from commercial banks was 235.02 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Seychelles, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, borrowers from commercial banks in Seychelles stood at 235.02 per 1,000 adults.
Compared with earlier readings it is up 10.7% on the previous year and up 4.8% over ten years.
Over the whole period, borrowers from commercial banks in Seychelles peaked at 287.24 per 1,000 adults in 2019 and was at its lowest, 76.66 per 1,000 adults, in 2004.
Seychelles ranks 51st of 112 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Borrowers from commercial banks in Seychelles, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 76.66 per 1,000 adults | — |
| 2005 | 89.66 per 1,000 adults | +17.0% |
| 2006 | 93.01 per 1,000 adults | +3.7% |
| 2007 | 111.11 per 1,000 adults | +19.5% |
| 2008 | 116.53 per 1,000 adults | +4.9% |
| 2009 | 118.67 per 1,000 adults | +1.8% |
| 2010 | 127.72 per 1,000 adults | +7.6% |
| 2011 | 134.42 per 1,000 adults | +5.3% |
| 2012 | 153.3 per 1,000 adults | +14.0% |
| 2013 | 205.7 per 1,000 adults | +34.2% |
| 2014 | 224.15 per 1,000 adults | +9.0% |
| 2015 | 205.84 per 1,000 adults | -8.2% |
| 2016 | 212.47 per 1,000 adults | +3.2% |
| 2017 | 248.7 per 1,000 adults | +17.1% |
| 2018 | 278.28 per 1,000 adults | +11.9% |
| 2019 | 287.24 per 1,000 adults | +3.2% |
| 2020 | 276.41 per 1,000 adults | -3.8% |
| 2021 | 243.68 per 1,000 adults | -11.8% |
| 2022 | 216.52 per 1,000 adults | -11.1% |
| 2023 | 212.27 per 1,000 adults | -2.0% |
| 2024 | 235.02 per 1,000 adults | +10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100.94 per 1,000 adults | 76.66 per 1,000 adults | 118.67 per 1,000 adults | 6 |
| 2010s | 207.78 per 1,000 adults | 127.72 per 1,000 adults | 287.24 per 1,000 adults | 10 |
| 2020s | 236.78 per 1,000 adults | 212.27 per 1,000 adults | 276.41 per 1,000 adults | 5 |
Countries ranked near Seychelles
- 48 Tunisia 253.69 per 1,000 adults compare
- 49 Dominican Republic 250.49 per 1,000 adults compare
- 50 Romania 246.63 per 1,000 adults compare
- 52 Saudi Arabia 234.69 per 1,000 adults compare
- 53 Moldova 210.26 per 1,000 adults compare
- 54 Cape Verde 208.75 per 1,000 adults compare
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 borrowers from commercial banks in Seychelles?
- Borrowers from commercial banks in Seychelles was 235.02 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Seychelles?
- The highest recorded value was 287.24 per 1,000 adults in 2019.
- What is the lowest borrowers from commercial banks recorded in Seychelles?
- The lowest recorded value was 76.66 per 1,000 adults in 2004.
- How does Seychelles rank for borrowers from commercial banks?
- Seychelles ranks 51st out of 112 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Seychelles?
- Over the last ten years it is up 4.8%. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.