Net domestic credit (current LCU) in Seychelles
Seychelles: Net domestic credit (current LCU) was 7.58 billion current LCU in 2016. ◆ Volatile
Net domestic credit in Seychelles, 1971–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Seychelles is 7.58 billion current LCU, measured in 2016. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 16.2% on the previous year and up 57.9% over ten years.
Over the whole period, net domestic credit in Seychelles peaked at 7.58 billion current LCU in 2016 and was at its lowest, 22.80 million current LCU, in 1971.
That places Seychelles 164th out of 187 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU) in Seychelles, year by year
| Year | current LCU | Change |
|---|---|---|
| 1971 | 22.80 million current LCU | — |
| 1972 | 36.90 million current LCU | +61.8% |
| 1973 | 52.00 million current LCU | +40.9% |
| 1974 | 56.30 million current LCU | +8.3% |
| 1975 | 60.40 million current LCU | +7.3% |
| 1976 | 86.40 million current LCU | +43.0% |
| 1977 | 112.30 million current LCU | +30.0% |
| 1978 | 141.10 million current LCU | +25.6% |
| 1979 | 169.90 million current LCU | +20.4% |
| 1980 | 190.80 million current LCU | +12.3% |
| 1981 | 237.40 million current LCU | +24.4% |
| 1982 | 273.30 million current LCU | +15.1% |
| 1983 | 308.80 million current LCU | +13.0% |
| 1984 | 340.50 million current LCU | +10.3% |
| 1985 | 407.50 million current LCU | +19.7% |
| 1986 | 459.30 million current LCU | +12.7% |
| 1987 | 491.30 million current LCU | +7.0% |
| 1988 | 617.30 million current LCU | +25.6% |
| 1989 | 749.30 million current LCU | +21.4% |
| 1990 | 832.20 million current LCU | +11.1% |
| 1991 | 918.20 million current LCU | +10.3% |
| 1992 | 1.03 billion current LCU | +12.7% |
| 1993 | 1.30 billion current LCU | +25.9% |
| 1994 | 1.57 billion current LCU | +20.2% |
| 1995 | 1.75 billion current LCU | +11.5% |
| 1996 | 1.97 billion current LCU | +13.0% |
| 1997 | 2.25 billion current LCU | +14.2% |
| 1998 | 2.96 billion current LCU | +31.1% |
| 1999 | 3.44 billion current LCU | +16.4% |
| 2000 | 3.87 billion current LCU | +12.4% |
| 2001 | 4.28 billion current LCU | +10.6% |
| 2002 | 4.94 billion current LCU | +15.5% |
| 2003 | 5.17 billion current LCU | +4.8% |
| 2004 | 5.10 billion current LCU | -1.4% |
| 2005 | 5.19 billion current LCU | +1.8% |
| 2006 | 4.80 billion current LCU | -7.6% |
| 2007 | 5.28 billion current LCU | +10.1% |
| 2008 | 6.04 billion current LCU | +14.3% |
| 2009 | 4.96 billion current LCU | -17.8% |
| 2010 | 5.81 billion current LCU | +17.0% |
| 2011 | 5.78 billion current LCU | -0.4% |
| 2012 | 5.30 billion current LCU | -8.4% |
| 2013 | 6.02 billion current LCU | +13.7% |
| 2014 | 6.01 billion current LCU | -0.3% |
| 2015 | 6.52 billion current LCU | +8.6% |
| 2016 | 7.58 billion current LCU | +16.2% |
Seychelles compared with similar countries
- Seychelles's 7.58 billion current LCU is below the median for high income countries, which is 701.01 billion current LCU, 1% of the median. (61 countries reporting)
- Seychelles's 7.58 billion current LCU is below the median for Sub-Saharan Africa, which is 1.92 trillion current LCU, 0% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 82.01 million current LCU | 22.80 million current LCU | 169.90 million current LCU | 9 |
| 1980s | 407.55 million current LCU | 190.80 million current LCU | 749.30 million current LCU | 10 |
| 1990s | 1.80 billion current LCU | 832.20 million current LCU | 3.44 billion current LCU | 10 |
| 2000s | 4.96 billion current LCU | 3.87 billion current LCU | 6.04 billion current LCU | 10 |
| 2010s | 6.15 billion current LCU | 5.30 billion current LCU | 7.58 billion current LCU | 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 net domestic credit in Seychelles?
- Net domestic credit in Seychelles was 7.58 billion current LCU in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Seychelles?
- The highest recorded value was 7.58 billion current LCU in 2016.
- What is the lowest net domestic credit recorded in Seychelles?
- The lowest recorded value was 22.80 million current LCU in 1971.
- How does Seychelles rank for net domestic credit?
- Seychelles ranks 164th out of 187 countries with data for 2016.
- Is net domestic credit rising or falling in Seychelles?
- Over the last ten years it is up 57.9%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.