Domestic credit to private sector in Seychelles
Seychelles: Domestic credit to private sector was 24.5% in 2016. ▲ Rising
Domestic credit to private sector in Seychelles, 1971–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Seychelles is 24.5%, measured in 2016.
The figure is up 0.7% on the previous year and up 14.6% over ten years.
Over the whole period, domestic credit to private sector in Seychelles peaked at 27.5% in 2008 and was at its lowest, 6.2%, in 1988.
That places Seychelles 129th out of 187 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 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 | 16.0% | -17.2% |
| 1981 | 15.1% | -5.6% |
| 1982 | 14.0% | -7.1% |
| 1983 | 13.1% | -6.2% |
| 1984 | 10.8% | -18.1% |
| 1985 | 8.4% | -22.2% |
| 1986 | 6.9% | -17.5% |
| 1987 | 6.2% | -9.8% |
| 1988 | 6.2% | -0.5% |
| 1989 | 7.2% | +16.3% |
| 1990 | 6.8% | -5.2% |
| 1991 | 7.4% | +8.9% |
| 1992 | 7.1% | -5.1% |
| 1993 | 7.1% | +0.2% |
| 1994 | 8.7% | +23.2% |
| 1995 | 10.7% | +22.8% |
| 1996 | 11.8% | +10.7% |
| 1997 | 12.9% | +8.8% |
| 1998 | 13.5% | +4.9% |
| 1999 | 14.2% | +5.3% |
| 2000 | 15.6% | +9.4% |
| 2001 | 17.0% | +9.2% |
| 2002 | 19.1% | +12.5% |
| 2003 | 24.6% | +28.6% |
| 2004 | 23.8% | -3.2% |
| 2005 | 23.4% | -1.7% |
| 2006 | 21.4% | -8.5% |
| 2007 | 23.8% | +11.2% |
| 2008 | 27.5% | +15.7% |
| 2009 | 20.0% | -27.4% |
| 2010 | 24.2% | +20.8% |
| 2011 | 22.4% | -7.3% |
| 2012 | 20.9% | -6.8% |
| 2013 | 21.4% | +2.4% |
| 2014 | 24.4% | +14.0% |
| 2015 | 24.3% | -0.0% |
| 2016 | 24.5% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.0% | 15.8% | 24.0% | 9 |
| 1980s | 10.4% | 6.2% | 16.0% | 10 |
| 1990s | 10.0% | 6.8% | 14.2% | 10 |
| 2000s | 21.6% | 15.6% | 27.5% | 10 |
| 2010s | 23.1% | 20.9% | 24.5% | 7 |
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 24.5% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Seychelles?
- The highest recorded value was 27.5% in 2008.
- What is the lowest domestic credit to private sector recorded in Seychelles?
- The lowest recorded value was 6.2% in 1988.
- How does Seychelles rank for domestic credit to private sector?
- Seychelles ranks 129th out of 187 countries with data for 2016.
- Is domestic credit to private sector rising or falling in Seychelles?
- Over the last ten years it is up 14.6%. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.