Foreign banks among total banks (%) in Seychelles
Seychelles: Foreign banks among total banks (%) was 40.0% in 2013. ▲ Rising
Foreign banks among total banks in Seychelles, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Seychelles stood at 40.0%. That is the highest value across all 19 years on record.
The figure is unchanged over ten years.
Over the whole period, foreign banks among total banks in Seychelles peaked at 40.0% in 2003 and was at its lowest, 25.0%, in 1998.
Seychelles ranks 70th of 137 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Seychelles, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 33.0% | — |
| 1996 | 33.0% | +0.0% |
| 1997 | 33.0% | +0.0% |
| 1998 | 25.0% | -24.2% |
| 1999 | 25.0% | +0.0% |
| 2000 | 25.0% | +0.0% |
| 2001 | 25.0% | +0.0% |
| 2002 | 25.0% | +0.0% |
| 2003 | 40.0% | +60.0% |
| 2004 | 40.0% | +0.0% |
| 2005 | 40.0% | +0.0% |
| 2006 | 40.0% | +0.0% |
| 2007 | 40.0% | +0.0% |
| 2008 | 40.0% | +0.0% |
| 2009 | 40.0% | +0.0% |
| 2010 | 40.0% | +0.0% |
| 2011 | 40.0% | +0.0% |
| 2012 | 40.0% | +0.0% |
| 2013 | 40.0% | +0.0% |
Seychelles compared with similar countries
- Seychelles's 40.0% is above the median for high income countries, which is 36.0%, 1.1× the median. (53 countries reporting)
- Seychelles's 40.0% is below the median for Sub-Saharan Africa, which is 60.0%, 67% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.8% | 25.0% | 33.0% | 5 |
| 2000s | 35.5% | 25.0% | 40.0% | 10 |
| 2010s | 40.0% | 40.0% | 40.0% | 4 |
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 foreign banks among total banks in Seychelles?
- Foreign banks among total banks in Seychelles was 40.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Seychelles?
- The highest recorded value was 40.0% in 2003.
- What is the lowest foreign banks among total banks recorded in Seychelles?
- The lowest recorded value was 25.0% in 1998.
- How does Seychelles rank for foreign banks among total banks?
- Seychelles ranks 70th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Seychelles?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.