Current account balance (credit less debit), Net (credits less debits) in Seychelles
Seychelles: Current account balance (credit less debit), Net (credits less debits) 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 debits) 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% |
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
- Total reserves in months of imports, annual growth rate 15.78 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- 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)
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.