Domestic credit to private sector in Seychelles
Seychelles: Domestic credit to private sector was 46.8% in 2020. ▲ Rising
Domestic credit to private sector in Seychelles, 1971–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Seychelles is 46.8%, measured in 2020. That is the highest value across all 50 years on record.
That represents a change of up 34.3% on the previous year and up 91.3% over ten years.
Over the whole period, domestic credit to private sector in Seychelles peaked at 46.8% in 2020 and was at its lowest, 6.6%, in 1988.
That places Seychelles 98th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Domestic credit to private sector in Seychelles, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 15.8% | — |
| 1972 | 20.6% | +30.6% |
| 1973 | 24.0% | +16.3% |
| 1974 | 20.6% | -14.0% |
| 1975 | 19.0% | -7.7% |
| 1976 | 22.8% | +20.1% |
| 1977 | 23.7% | +3.9% |
| 1978 | 23.0% | -2.8% |
| 1979 | 19.3% | -16.3% |
| 1980 | 17.0% | -11.9% |
| 1981 | 15.9% | -6.2% |
| 1982 | 14.9% | -6.6% |
| 1983 | 14.0% | -6.1% |
| 1984 | 11.5% | -18.1% |
| 1985 | 8.9% | -22.2% |
| 1986 | 7.3% | -17.5% |
| 1987 | 6.6% | -9.8% |
| 1988 | 6.6% | -0.5% |
| 1989 | 7.7% | +16.3% |
| 1990 | 7.3% | -5.2% |
| 1991 | 7.9% | +8.9% |
| 1992 | 7.5% | -5.1% |
| 1993 | 7.5% | +0.2% |
| 1994 | 9.3% | +23.2% |
| 1995 | 11.4% | +22.8% |
| 1996 | 12.6% | +10.7% |
| 1997 | 13.7% | +8.8% |
| 1998 | 14.4% | +4.9% |
| 1999 | 15.1% | +5.3% |
| 2000 | 16.6% | +9.4% |
| 2001 | 18.1% | +9.2% |
| 2002 | 20.3% | +12.5% |
| 2003 | 26.2% | +28.6% |
| 2004 | 25.3% | -3.2% |
| 2005 | 24.9% | -1.7% |
| 2006 | 22.8% | -8.5% |
| 2007 | 24.8% | +8.9% |
| 2008 | 27.9% | +12.4% |
| 2009 | 20.1% | -28.0% |
| 2010 | 24.4% | +21.8% |
| 2011 | 22.2% | -9.0% |
| 2012 | 21.4% | -3.6% |
| 2013 | 21.3% | -0.7% |
| 2014 | 24.4% | +14.3% |
| 2015 | 24.6% | +1.2% |
| 2016 | 25.8% | +4.8% |
| 2017 | 28.1% | +8.9% |
| 2018 | 29.6% | +5.5% |
| 2019 | 34.8% | +17.5% |
| 2020 | 46.8% | +34.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.0% | 15.8% | 24.0% | 9 |
| 1980s | 11.0% | 6.6% | 17.0% | 10 |
| 1990s | 10.7% | 7.3% | 15.1% | 10 |
| 2000s | 22.7% | 16.6% | 27.9% | 10 |
| 2010s | 25.7% | 21.3% | 34.8% | 10 |
| 2020s | 46.8% | 46.8% | 46.8% | 1 |
Countries ranked near Seychelles
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 domestic credit to private sector in Seychelles?
- Domestic credit to private sector in Seychelles was 46.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Seychelles?
- The highest recorded value was 46.8% in 2020.
- What is the lowest domestic credit to private sector recorded in Seychelles?
- The lowest recorded value was 6.6% in 1988.
- How does Seychelles rank for domestic credit to private sector?
- Seychelles ranks 98th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Seychelles?
- Over the last ten years it is up 91.3%. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.