Monetary Sector credit to private sector (% GDP) in Seychelles
Seychelles: Monetary Sector credit to private sector (% GDP) was 24.5% in 2016. ▲ Rising
Monetary Sector credit to private sector in Seychelles, 1971–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2016, monetary sector credit to private sector in Seychelles stood at 24.5%.
Compared with earlier readings it is up 0.7% on the previous year and up 14.6% over ten years.
Over the whole period, monetary sector credit to private sector in Seychelles peaked at 27.5% in 2008 and was at its lowest, 6.2%, in 1988.
That places Seychelles 125th out of 187 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Monetary Sector credit to private sector (% GDP) in Seychelles, year by year
| Year | % GDP | Change |
|---|---|---|
| 1971 | 15.8% | — |
| 1972 | 20.6% | +30.6% |
| 1973 | 24.0% | +16.3% |
| 1974 | 20.6% | -14.0% |
| 1975 | 19.0% | -7.7% |
| 1976 | 22.8% | +20.1% |
| 1977 | 23.7% | +3.9% |
| 1978 | 23.0% | -2.8% |
| 1979 | 19.3% | -16.3% |
| 1980 | 16.0% | -17.2% |
| 1981 | 15.1% | -5.6% |
| 1982 | 14.0% | -7.1% |
| 1983 | 13.1% | -6.2% |
| 1984 | 10.8% | -18.1% |
| 1985 | 8.4% | -22.2% |
| 1986 | 6.9% | -17.5% |
| 1987 | 6.2% | -9.8% |
| 1988 | 6.2% | -0.5% |
| 1989 | 7.2% | +16.3% |
| 1990 | 6.8% | -5.2% |
| 1991 | 7.4% | +8.9% |
| 1992 | 7.1% | -5.1% |
| 1993 | 7.1% | +0.2% |
| 1994 | 8.7% | +23.2% |
| 1995 | 10.7% | +22.8% |
| 1996 | 11.8% | +10.7% |
| 1997 | 12.9% | +8.8% |
| 1998 | 13.5% | +4.9% |
| 1999 | 14.2% | +5.3% |
| 2000 | 15.6% | +9.4% |
| 2001 | 17.0% | +9.2% |
| 2002 | 19.1% | +12.5% |
| 2003 | 24.6% | +28.6% |
| 2004 | 23.8% | -3.2% |
| 2005 | 23.4% | -1.7% |
| 2006 | 21.4% | -8.5% |
| 2007 | 23.8% | +11.2% |
| 2008 | 27.5% | +15.7% |
| 2009 | 20.0% | -27.4% |
| 2010 | 24.2% | +20.8% |
| 2011 | 22.4% | -7.3% |
| 2012 | 20.9% | -6.8% |
| 2013 | 21.4% | +2.4% |
| 2014 | 24.4% | +14.0% |
| 2015 | 24.3% | -0.0% |
| 2016 | 24.5% | +0.7% |
Seychelles compared with similar countries
- Seychelles's 24.5% is below the median for high income countries, which is 63.2%, 39% of the median. (61 countries reporting)
- Seychelles's 24.5% is above the median for Sub-Saharan Africa, which is 15.1%, 1.6× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.0% | 15.8% | 24.0% | 9 |
| 1980s | 10.4% | 6.2% | 16.0% | 10 |
| 1990s | 10.0% | 6.8% | 14.2% | 10 |
| 2000s | 21.6% | 15.6% | 27.5% | 10 |
| 2010s | 23.1% | 20.9% | 24.5% | 7 |
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 monetary sector credit to private sector in Seychelles?
- Monetary sector credit to private sector in Seychelles was 24.5% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Seychelles?
- The highest recorded value was 27.5% in 2008.
- What is the lowest monetary sector credit to private sector recorded in Seychelles?
- The lowest recorded value was 6.2% in 1988.
- How does Seychelles rank for monetary sector credit to private sector?
- Seychelles ranks 125th out of 187 countries with data for 2016.
- Is monetary sector credit to private sector rising or falling in Seychelles?
- Over the last ten years it is up 14.6%. 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 Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.