Financial Development Index in Seychelles
Seychelles: Financial Development Index was 0.3588 in 2020. ▲ Rising
Financial Development Index in Seychelles, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Seychelles is 0.3588, measured in 2020. That is the highest value across all 41 years on record.
That represents a change of up 2.6% on the previous year and up 10.3% over ten years.
Over the whole period, financial development index in Seychelles peaked at 0.3588 in 2020 and was at its lowest, 0.2315, in 1988.
Seychelles ranks 65th of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in Seychelles, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.3516 | — |
| 1981 | 0.3454 | -1.8% |
| 1982 | 0.3378 | -2.2% |
| 1983 | 0.3315 | -1.9% |
| 1984 | 0.3128 | -5.6% |
| 1985 | 0.2846 | -9.0% |
| 1986 | 0.2504 | -12.0% |
| 1987 | 0.2326 | -7.1% |
| 1988 | 0.2315 | -0.5% |
| 1989 | 0.2564 | +10.8% |
| 1990 | 0.2477 | -3.4% |
| 1991 | 0.2523 | +1.9% |
| 1992 | 0.2509 | -0.6% |
| 1993 | 0.2502 | -0.3% |
| 1994 | 0.2746 | +9.7% |
| 1995 | 0.2932 | +6.8% |
| 1996 | 0.2768 | -5.6% |
| 1997 | 0.2852 | +3.0% |
| 1998 | 0.2953 | +3.5% |
| 1999 | 0.3025 | +2.4% |
| 2000 | 0.3071 | +1.5% |
| 2001 | 0.3113 | +1.4% |
| 2002 | 0.3395 | +9.1% |
| 2003 | 0.3418 | +0.7% |
| 2004 | 0.328 | -4.0% |
| 2005 | 0.3219 | -1.9% |
| 2006 | 0.3237 | +0.5% |
| 2007 | 0.3252 | +0.5% |
| 2008 | 0.3382 | +4.0% |
| 2009 | 0.3221 | -4.8% |
| 2010 | 0.3253 | +1.0% |
| 2011 | 0.324 | -0.4% |
| 2012 | 0.3329 | +2.7% |
| 2013 | 0.333 | +0.0% |
| 2014 | 0.3325 | -0.1% |
| 2015 | 0.3336 | +0.3% |
| 2016 | 0.3405 | +2.1% |
| 2017 | 0.344 | +1.0% |
| 2018 | 0.3426 | -0.4% |
| 2019 | 0.3499 | +2.1% |
| 2020 | 0.3588 | +2.6% |
Seychelles compared with similar countries
- Seychelles's 0.3588 is below the median for high income countries, which is 0.4828, 74% of the median. (62 countries reporting)
- Seychelles's 0.3588 is above the median for Sub-Saharan Africa, which is 0.1219, 2.9× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2935 | 0.2315 | 0.3516 | 10 |
| 1990s | 0.2729 | 0.2477 | 0.3025 | 10 |
| 2000s | 0.3259 | 0.3071 | 0.3418 | 10 |
| 2010s | 0.3358 | 0.324 | 0.3499 | 10 |
| 2020s | 0.3588 | 0.3588 | 0.3588 | 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 financial development index in Seychelles?
- Financial development index in Seychelles was 0.3588 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Seychelles?
- The highest recorded value was 0.3588 in 2020.
- What is the lowest financial development index recorded in Seychelles?
- The lowest recorded value was 0.2315 in 1988.
- How does Seychelles rank for financial development index?
- Seychelles ranks 65th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Seychelles?
- Over the last ten years it is up 10.3%. 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 Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.