Remittance inflows to GDP in Seychelles
Seychelles: Remittance inflows to GDP was 0.8% in 2020. ◆ Volatile
Remittance inflows to GDP in Seychelles, 1989–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Seychelles is 0.8%, measured in 2020.
That represents a change of down 40.8% on the previous year and down 53.6% over ten years.
Over the whole period, remittance inflows to gdp in Seychelles peaked at 2.5% in 1992 and was at its lowest, 0.0%, in 1998.
Seychelles ranks 129th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.4% | 1.4% | 1.4% | 1 |
| 1990s | 0.7% | 0.0% | 2.5% | 10 |
| 2000s | 0.8% | 0.3% | 1.9% | 10 |
| 2010s | 1.5% | 1.0% | 2.4% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 1 |
Countries ranked near Seychelles
More financial sector data for Seychelles
- Domestic credit to private sector by banks 34.5% (2025)
- Total reserves in months of imports 3.67 (2024)
- Net domestic credit 7.58 billion current LCU (2016)
- Net foreign assets 25.30 billion current LCU (2025)
- Monetary Sector credit to private sector 24.5% (2016)
- Broad money 84.7% (2025)
- Claims on central government, etc. 10.1% (2025)
- Domestic credit to private sector 24.5% (2016)
- Official exchange rate 14.73 LCU per US$, period average (2025)
- Net migration 1,590 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Seychelles?
- Remittance inflows to gdp in Seychelles was 0.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Seychelles?
- The highest recorded value was 2.5% in 1992.
- What is the lowest remittance inflows to gdp recorded in Seychelles?
- The lowest recorded value was 0.0% in 1998.
- How does Seychelles rank for remittance inflows to gdp?
- Seychelles ranks 129th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Seychelles?
- Over the last ten years it is down 53.6%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.