Financial Institutions Efficiency Index in Seychelles
Seychelles: Financial Institutions Efficiency Index was 0.6705 in 2020. ▲ Rising
Financial Institutions Efficiency Index in Seychelles, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Seychelles stood at 0.6705.
The figure is up 4.1% on the previous year and up 2.3% over ten years.
Over the whole period, financial institutions efficiency index in Seychelles peaked at 0.793 in 2002 and was at its lowest, 0.4885, in 1988.
Seychelles ranks 37th of 183 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Efficiency Index in Seychelles, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.6762 | — |
| 1981 | 0.6707 | -0.8% |
| 1982 | 0.6631 | -1.1% |
| 1983 | 0.6561 | -1.1% |
| 1984 | 0.6259 | -4.6% |
| 1985 | 0.5712 | -8.7% |
| 1986 | 0.5196 | -9.0% |
| 1987 | 0.49 | -5.7% |
| 1988 | 0.4885 | -0.3% |
| 1989 | 0.5222 | +6.9% |
| 1990 | 0.5088 | -2.6% |
| 1991 | 0.5097 | +0.2% |
| 1992 | 0.5126 | +0.6% |
| 1993 | 0.5399 | +5.3% |
| 1994 | 0.6977 | +29.2% |
| 1995 | 0.6839 | -2.0% |
| 1996 | 0.5064 | -25.9% |
| 1997 | 0.5087 | +0.4% |
| 1998 | 0.5916 | +16.3% |
| 1999 | 0.597 | +0.9% |
| 2000 | 0.5975 | +0.1% |
| 2001 | 0.6127 | +2.5% |
| 2002 | 0.793 | +29.4% |
| 2003 | 0.7633 | -3.7% |
| 2004 | 0.7332 | -3.9% |
| 2005 | 0.7352 | +0.3% |
| 2006 | 0.7358 | +0.1% |
| 2007 | 0.7581 | +3.0% |
| 2008 | 0.7354 | -3.0% |
| 2009 | 0.6528 | -11.2% |
| 2010 | 0.6554 | +0.4% |
| 2011 | 0.6592 | +0.6% |
| 2012 | 0.6875 | +4.3% |
| 2013 | 0.659 | -4.1% |
| 2014 | 0.654 | -0.8% |
| 2015 | 0.668 | +2.1% |
| 2016 | 0.688 | +3.0% |
| 2017 | 0.6705 | -2.5% |
| 2018 | 0.6394 | -4.6% |
| 2019 | 0.6439 | +0.7% |
| 2020 | 0.6705 | +4.1% |
Seychelles compared with similar countries
- Seychelles's 0.6705 is above the median for high income countries, which is 0.612, 1.1× the median. (62 countries reporting)
- Seychelles's 0.6705 is above the median for Sub-Saharan Africa, which is 0.5175, 1.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Efficiency Index in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +29.2% | 0.5399 | 0.6977 |
| 2002 | +29.4% | 0.6127 | 0.793 |
| 1996 | -25.9% | 0.6839 | 0.5064 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5884 | 0.4885 | 0.6762 | 10 |
| 1990s | 0.5656 | 0.5064 | 0.6977 | 10 |
| 2000s | 0.7117 | 0.5975 | 0.793 | 10 |
| 2010s | 0.6625 | 0.6394 | 0.688 | 10 |
| 2020s | 0.6705 | 0.6705 | 0.6705 | 1 |
Countries ranked near Seychelles
- 34 Suriname 0.6773 compare
- 35 Bangladesh 0.6716 compare
- 36 Burundi 0.6714 compare
- 38 North Macedonia 0.6698 compare
- 39 Burkina Faso 0.6687 compare
- 40 Philippines 0.6661 compare
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 efficiency index in Seychelles?
- Financial institutions efficiency index in Seychelles was 0.6705 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Seychelles?
- The highest recorded value was 0.793 in 2002.
- What is the lowest financial institutions efficiency index recorded in Seychelles?
- The lowest recorded value was 0.4885 in 1988.
- How does Seychelles rank for financial institutions efficiency index?
- Seychelles ranks 37th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Seychelles?
- Over the last ten years it is up 2.3%. 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 Efficiency 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.