Financial Institutions Access Index in Seychelles
Seychelles: Financial Institutions Access Index was 0.8962 in 2020. ▲ Rising
Financial Institutions Access Index in Seychelles, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Seychelles stood at 0.8962.
The figure is down 0.4% on the previous year and up 28.3% over ten years.
Over the whole period, financial institutions access index in Seychelles peaked at 0.8995 in 2019 and was at its lowest, 0.4597, in 1988.
That places Seychelles 5th out of 183 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Access Index in Seychelles, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.7861 | — |
| 1981 | 0.77 | -2.0% |
| 1982 | 0.7509 | -2.5% |
| 1983 | 0.7353 | -2.1% |
| 1984 | 0.6927 | -5.8% |
| 1985 | 0.6212 | -10.3% |
| 1986 | 0.5124 | -17.5% |
| 1987 | 0.4623 | -9.8% |
| 1988 | 0.4597 | -0.5% |
| 1989 | 0.5346 | +16.3% |
| 1990 | 0.5074 | -5.1% |
| 1991 | 0.5229 | +3.1% |
| 1992 | 0.5176 | -1.0% |
| 1993 | 0.4999 | -3.4% |
| 1994 | 0.5059 | +1.2% |
| 1995 | 0.5816 | +15.0% |
| 1996 | 0.6047 | +4.0% |
| 1997 | 0.6335 | +4.8% |
| 1998 | 0.6265 | -1.1% |
| 1999 | 0.6505 | +3.8% |
| 2000 | 0.6619 | +1.8% |
| 2001 | 0.6634 | +0.2% |
| 2002 | 0.6698 | +1.0% |
| 2003 | 0.6661 | -0.6% |
| 2004 | 0.6294 | -5.5% |
| 2005 | 0.6032 | -4.1% |
| 2006 | 0.621 | +2.9% |
| 2007 | 0.6218 | +0.1% |
| 2008 | 0.6878 | +10.6% |
| 2009 | 0.699 | +1.6% |
| 2010 | 0.6986 | -0.1% |
| 2011 | 0.7039 | +0.8% |
| 2012 | 0.728 | +3.4% |
| 2013 | 0.788 | +8.2% |
| 2014 | 0.7967 | +1.1% |
| 2015 | 0.797 | +0.0% |
| 2016 | 0.824 | +3.4% |
| 2017 | 0.8571 | +4.0% |
| 2018 | 0.8724 | +1.8% |
| 2019 | 0.8995 | +3.1% |
| 2020 | 0.8962 | -0.4% |
Seychelles compared with similar countries
- Seychelles's 0.8962 is above the median for high income countries, which is 0.5313, 1.7× the median. (62 countries reporting)
- Seychelles's 0.8962 is above the median for Sub-Saharan Africa, which is 0.0774, 11.6× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6325 | 0.4597 | 0.7861 | 10 |
| 1990s | 0.5651 | 0.4999 | 0.6505 | 10 |
| 2000s | 0.6523 | 0.6032 | 0.699 | 10 |
| 2010s | 0.7965 | 0.6986 | 0.8995 | 10 |
| 2020s | 0.8962 | 0.8962 | 0.8962 | 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 institutions access index in Seychelles?
- Financial institutions access index in Seychelles was 0.8962 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Seychelles?
- The highest recorded value was 0.8995 in 2019.
- What is the lowest financial institutions access index recorded in Seychelles?
- The lowest recorded value was 0.4597 in 1988.
- How does Seychelles rank for financial institutions access index?
- Seychelles ranks 5th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Seychelles?
- Over the last ten years it is up 28.3%. 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 Institutions Access Index. Statizoid updates them automatically from the source API.
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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.