Current account balance (credit less debit), Net (credits less) in Seychelles
Seychelles: Current account balance (credit less debit), Net (credits less) was -175.67 million in 2024. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in Seychelles, 2005–2024
Source: International Monetary Fund.
Analysis
Seychelles recorded -175.67 million for current account balance (credit less debit), net (credits less debits) in 2024.
The figure is down 13.6% on the previous year and up 43.4% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Seychelles peaked at -36.92 million in 2017 and was at its lowest, -310.40 million, in 2014.
Seychelles ranks 103rd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Current account balance (credit less debit), Net (credits less) in Seychelles, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -174.07 million | — |
| 2006 | -133.77 million | -23.2% |
| 2007 | -194.01 million | +45.0% |
| 2008 | -262.95 million | +35.5% |
| 2009 | -189.46 million | -27.9% |
| 2010 | -214.39 million | +13.2% |
| 2011 | -301.29 million | +40.5% |
| 2012 | -161.31 million | -46.5% |
| 2013 | -158.61 million | -1.7% |
| 2014 | -310.40 million | +95.7% |
| 2015 | -256.18 million | -17.5% |
| 2016 | -41.00 million | -84.0% |
| 2017 | -36.92 million | -9.9% |
| 2018 | -41.78 million | +13.2% |
| 2019 | -53.12 million | +27.1% |
| 2020 | -173.24 million | +226.2% |
| 2021 | -160.17 million | -7.5% |
| 2022 | -141.65 million | -11.6% |
| 2023 | -154.68 million | +9.2% |
| 2024 | -175.67 million | +13.6% |
Seychelles compared with similar countries
- Seychelles's -175.67 million is below the median for high income countries, which is 547.38 million. (72 countries reporting)
- Seychelles's -175.67 million is above the median for Sub-Saharan Africa, which is -606.36 million, 29% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -190.85 million | -262.95 million | -133.77 million | 5 |
| 2010s | -157.50 million | -310.40 million | -36.92 million | 10 |
| 2020s | -161.08 million | -175.67 million | -141.65 million | 5 |
Countries ranked near Seychelles
- 100 Dominica -160.12 million compare
- 101 Guinea-Bissau -160.17 million compare
- 102 Saint Kitts and Nevis -169.22 million compare
- 104 Antigua and Barbuda -181.37 million compare
- 105 Grenada -270.77 million compare
- 106 Barbados -296.40 million 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 current account balance (credit less debit), net (credits less debits) in Seychelles?
- Current account balance (credit less debit), net (credits less debits) in Seychelles was -175.67 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Seychelles?
- The highest recorded value was -36.92 million in 2017.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Seychelles?
- The lowest recorded value was -310.40 million in 2014.
- How does Seychelles rank for current account balance (credit less debit), net (credits less debits)?
- Seychelles ranks 103rd out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Seychelles?
- Over the last ten years it is up 43.4%. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.