Commercial bank branches in Seychelles
Seychelles: Commercial bank branches was 31.91 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Seychelles, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
Seychelles recorded 31.91 per 100,000 adults for commercial bank branches in 2024.
The figure is down 1.5% on the previous year and down 39.8% over ten years.
Over the whole period, commercial bank branches in Seychelles peaked at 53.1 per 100,000 adults in 2015 and was at its lowest, 31.4 per 100,000 adults, in 2022.
That places Seychelles 15th out of 185 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 21 years of available data.
Commercial bank branches in Seychelles, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 42.33 per 100,000 adults | — |
| 2005 | 40.24 per 100,000 adults | -4.9% |
| 2006 | 40.71 per 100,000 adults | +1.2% |
| 2007 | 40.22 per 100,000 adults | -1.2% |
| 2008 | 46.58 per 100,000 adults | +15.8% |
| 2009 | 46.08 per 100,000 adults | -1.1% |
| 2010 | 45.99 per 100,000 adults | -0.2% |
| 2011 | 47.03 per 100,000 adults | +2.3% |
| 2012 | 47.88 per 100,000 adults | +1.8% |
| 2013 | 48.32 per 100,000 adults | +0.9% |
| 2014 | 53.05 per 100,000 adults | +9.8% |
| 2015 | 53.1 per 100,000 adults | +0.1% |
| 2016 | 52.26 per 100,000 adults | -1.6% |
| 2017 | 51.52 per 100,000 adults | -1.4% |
| 2018 | 40.49 per 100,000 adults | -21.4% |
| 2019 | 42.65 per 100,000 adults | +5.3% |
| 2020 | 39.65 per 100,000 adults | -7.0% |
| 2021 | 37.99 per 100,000 adults | -4.2% |
| 2022 | 31.4 per 100,000 adults | -17.3% |
| 2023 | 32.41 per 100,000 adults | +3.2% |
| 2024 | 31.91 per 100,000 adults | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.69 per 100,000 adults | 40.22 per 100,000 adults | 46.58 per 100,000 adults | 6 |
| 2010s | 48.23 per 100,000 adults | 40.49 per 100,000 adults | 53.1 per 100,000 adults | 10 |
| 2020s | 34.67 per 100,000 adults | 31.4 per 100,000 adults | 39.65 per 100,000 adults | 5 |
Countries ranked near Seychelles
More financial sector data for Seychelles
- Net domestic credit (current LCU), per capita 80,050 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 4.83 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 16.18 % change on previous year (2016)
- Reserves excluding gold, foreign exchange 579.47 million SDR (2024)
- Reserves excluding gold 593.25 million SDR (2024)
- Total reserves (gold at market value) 593.25 million SDR (2024)
- Total reserves (gold at national valuation) 593.25 million SDR (2024)
- Total reserves (gold at national valuation) (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 market value) (SDR), per capita 4,889 SDR per person (2024)
Frequently asked questions
- What is commercial bank branches in Seychelles?
- Commercial bank branches in Seychelles was 31.91 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Seychelles?
- The highest recorded value was 53.1 per 100,000 adults in 2015.
- What is the lowest commercial bank branches recorded in Seychelles?
- The lowest recorded value was 31.4 per 100,000 adults in 2022.
- How does Seychelles rank for commercial bank branches?
- Seychelles ranks 15th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Seychelles?
- Over the last ten years it is down 39.8%. The long-run trend across the full record is falling.
- Where does this Seychelles data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.