Loans from nonresident banks (amounts outstanding) to GDP in Seychelles

Seychelles: Loans from nonresident banks (amounts outstanding) to GDP was 12.8% in 2021. ▼ Falling

Latest (2021)
12.8%
Change on year
down 9.0%
World rank
93rd
of 136 countries
All-time high
27.1%
in 2009
All-time low
10.0%
in 2019
Years of data
16
2006–2021

Loans from nonresident banks (amounts outstanding) to GDP in Seychelles, 2006–2021

01020302006201320212006: 19.7 %2007: 22.3 %2008: 23.8 %2009: 27.1 %2010: 20.5 %2011: 15.9 %2012: 16 %2013: 12.7 %2014: 12.2 %2015: 11.9 %2016: 11.3 %2017: 10.7 %2018: 10.3 %2019: 10 %2020: 14.1 %2021: 12.8 %

Source: Bank for International Settlements (BIS). Measured in %.

Analysis

The most recent figure for loans from nonresident banks (amounts outstanding) to gdp in Seychelles is 12.8%, measured in 2021.

That represents a change of down 9.0% on the previous year and down 19.3% over ten years.

Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Seychelles peaked at 27.1% in 2009 and was at its lowest, 10.0%, in 2019.

Seychelles ranks 93rd of 136 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 16 years of available data.

Loans from nonresident banks (amounts outstanding) to GDP in Seychelles, year by year

Annual values for Loans from nonresident banks (amounts outstanding) to GDP (%) in Seychelles, 2006 to 2021.
Year % Change
2006 19.7%
2007 22.3% +13.1%
2008 23.8% +6.9%
2009 27.1% +14.1%
2010 20.5% -24.4%
2011 15.9% -22.7%
2012 16.0% +0.6%
2013 12.7% -20.2%
2014 12.2% -4.3%
2015 11.9% -2.0%
2016 11.3% -5.0%
2017 10.7% -5.3%
2018 10.3% -3.8%
2019 10.0% -2.8%
2020 14.1% +40.3%
2021 12.8% -9.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.2% 19.7% 27.1% 4
2010s 13.2% 10.0% 20.5% 10
2020s 13.4% 12.8% 14.1% 2

Countries ranked near Seychelles

  1. 90 Indonesia 13.9% compare
  2. 91 Republic of Korea 13.7% compare
  3. 92 Grenada 12.8% compare
  4. 94 Barbados 12.5% compare
  5. 95 Costa Rica 11.7% compare
  6. 96 Angola 11.0% compare

See the full ranking of 136 places →

More financial sector data for Seychelles

All data for Seychelles →

Frequently asked questions

What is loans from nonresident banks (amounts outstanding) to gdp in Seychelles?
Loans from nonresident banks (amounts outstanding) to gdp in Seychelles was 12.8% in 2021, according to Bank for International Settlements (BIS).
What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Seychelles?
The highest recorded value was 27.1% in 2009.
What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Seychelles?
The lowest recorded value was 10.0% in 2019.
How does Seychelles rank for loans from nonresident banks (amounts outstanding) to gdp?
Seychelles ranks 93rd out of 136 countries with data for 2021.
Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Seychelles?
Over the last ten years it is down 19.3%. The long-run trend across the full record is falling.
Where does this Seychelles data come from?
The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.

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Loans from nonresident banks (amounts outstanding) to GDP in Seychelles. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/stat/loans-from-nonresident-banks-amounts-outstanding-to-gdp-percent/seychelles/

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About this data

Indicator
Loans from nonresident banks (amounts outstanding) to GDP (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 4,260 data points, 1962–2021
Last refreshed

Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.