Interest rate spread in Seychelles
Seychelles: Interest rate spread was 7.4% in 2025. ▲ Rising
Interest rate spread in Seychelles, 1989–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
In 2025, interest rate spread in Seychelles stood at 7.4%.
Compared with earlier readings it is down 0.5% on the previous year and down 19.7% over ten years.
Over the whole period, interest rate spread in Seychelles peaked at 9.8% in 2010 and was at its lowest, 5.6%, in 2009.
That places Seychelles 37th out of 140 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Interest rate spread in Seychelles, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1989 | 5.8% | — |
| 1990 | 6.1% | +5.6% |
| 1991 | 6.1% | -0.4% |
| 1992 | 6.0% | -1.1% |
| 1993 | 6.3% | +5.7% |
| 1994 | 6.9% | +8.2% |
| 1995 | 6.5% | -4.8% |
| 1996 | 6.3% | -3.5% |
| 1997 | 5.7% | -9.9% |
| 1998 | 6.8% | +19.1% |
| 1999 | 6.0% | -10.8% |
| 2000 | 6.0% | -1.1% |
| 2001 | 5.7% | -4.4% |
| 2002 | 5.7% | -0.9% |
| 2003 | 6.6% | +17.2% |
| 2004 | 6.4% | -2.7% |
| 2005 | 6.0% | -6.2% |
| 2006 | 7.6% | +25.5% |
| 2007 | 7.8% | +3.0% |
| 2008 | 7.8% | +0.2% |
| 2009 | 5.6% | -28.8% |
| 2010 | 9.8% | +76.4% |
| 2011 | 9.1% | -7.5% |
| 2012 | 8.9% | -2.3% |
| 2013 | 8.9% | -0.4% |
| 2014 | 9.3% | +5.2% |
| 2015 | 9.2% | -1.3% |
| 2016 | 8.9% | -3.6% |
| 2017 | 8.6% | -2.7% |
| 2018 | 9.0% | +4.5% |
| 2019 | 9.0% | +0.0% |
| 2020 | 8.1% | -9.8% |
| 2021 | 6.4% | -21.8% |
| 2022 | 7.4% | +16.7% |
| 2023 | 7.6% | +2.6% |
| 2024 | 7.4% | -2.7% |
| 2025 | 7.4% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.8% | 5.8% | 5.8% | 1 |
| 1990s | 6.3% | 5.7% | 6.9% | 10 |
| 2000s | 6.5% | 5.6% | 7.8% | 10 |
| 2010s | 9.1% | 8.6% | 9.8% | 10 |
| 2020s | 7.4% | 6.4% | 8.1% | 6 |
Countries ranked near Seychelles
More financial sector data for Seychelles
- Total reserves in months of imports, annual growth rate 15.78 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 18.56 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.26 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 4,775 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 16.57 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 4,889 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 16.57 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 4,889 SDR per person (2024)
Frequently asked questions
- What is interest rate spread in Seychelles?
- Interest rate spread in Seychelles was 7.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Seychelles?
- The highest recorded value was 9.8% in 2010.
- What is the lowest interest rate spread recorded in Seychelles?
- The lowest recorded value was 5.6% in 2009.
- How does Seychelles rank for interest rate spread?
- Seychelles ranks 37th out of 140 countries with data for 2025.
- Is interest rate spread rising or falling in Seychelles?
- Over the last ten years it is down 19.7%. 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 Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.