Private credit by deposit money banks and other financial in Seychelles
Seychelles: Private credit by deposit money banks and other financial was 45.6% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Seychelles, 1971–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Seychelles recorded 45.6% for private credit by deposit money banks and other financial in 2021.
That represents a change of down 13.7% on the previous year and up 69.0% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Seychelles peaked at 52.9% in 2020 and was at its lowest, 8.8%, in 1987.
Seychelles ranks 99th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Private credit by deposit money banks and other financial in Seychelles, year by year
| Year | % | 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 | 17.0% | -11.9% |
| 1981 | 17.0% | -0.2% |
| 1982 | 16.4% | -3.4% |
| 1983 | 15.7% | -3.9% |
| 1984 | 13.4% | -15.1% |
| 1985 | 10.7% | -20.0% |
| 1986 | 9.2% | -13.9% |
| 1987 | 8.8% | -4.4% |
| 1988 | 9.0% | +1.8% |
| 1989 | 10.0% | +11.8% |
| 1990 | 10.0% | -0.5% |
| 1991 | 10.7% | +7.3% |
| 1992 | 10.5% | -1.4% |
| 1993 | 11.1% | +5.1% |
| 1994 | 13.6% | +22.6% |
| 1995 | 16.4% | +21.0% |
| 1996 | 18.2% | +11.1% |
| 1997 | 19.5% | +6.8% |
| 1998 | 19.9% | +2.0% |
| 1999 | 20.7% | +4.0% |
| 2000 | 22.3% | +7.9% |
| 2001 | 24.0% | +7.5% |
| 2002 | 26.9% | +12.0% |
| 2003 | 33.1% | +23.2% |
| 2004 | 31.4% | -5.0% |
| 2005 | 30.8% | -2.2% |
| 2006 | 28.2% | -8.5% |
| 2007 | 28.7% | +1.8% |
| 2008 | 33.0% | +15.3% |
| 2009 | 22.7% | -31.4% |
| 2010 | 27.7% | +22.4% |
| 2011 | 27.0% | -2.7% |
| 2012 | 24.7% | -8.6% |
| 2013 | 23.7% | -3.7% |
| 2014 | 27.6% | +16.2% |
| 2015 | 28.3% | +2.7% |
| 2016 | 31.0% | +9.4% |
| 2017 | 33.2% | +7.2% |
| 2018 | 38.5% | +15.8% |
| 2019 | 44.0% | +14.3% |
| 2020 | 52.9% | +20.2% |
| 2021 | 45.6% | -13.7% |
Seychelles compared with similar countries
- Seychelles's 45.6% is below the median for high income countries, which is 84.9%, 54% of the median. (62 countries reporting)
- Seychelles's 45.6% is above the median for Sub-Saharan Africa, which is 15.4%, 3.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.0% | 15.8% | 24.0% | 9 |
| 1980s | 12.7% | 8.8% | 17.0% | 10 |
| 1990s | 15.1% | 10.0% | 20.7% | 10 |
| 2000s | 28.1% | 22.3% | 33.1% | 10 |
| 2010s | 30.6% | 23.7% | 44.0% | 10 |
| 2020s | 49.3% | 45.6% | 52.9% | 2 |
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 private credit by deposit money banks and other financial in Seychelles?
- Private credit by deposit money banks and other financial in Seychelles was 45.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Seychelles?
- The highest recorded value was 52.9% in 2020.
- What is the lowest private credit by deposit money banks and other financial recorded in Seychelles?
- The lowest recorded value was 8.8% in 1987.
- How does Seychelles rank for private credit by deposit money banks and other financial?
- Seychelles ranks 99th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Seychelles?
- Over the last ten years it is up 69.0%. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)