Services balance (credit less debit), Net (credits less debits) (US) in Seychelles
Seychelles: Services balance (credit less debit), Net (credits less debits) (US) was 714.25 million in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Seychelles, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Seychelles stood at 714.25 million.
The figure is down 10.4% on the previous year and up 116.1% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Seychelles peaked at 797.50 million in 2023 and was at its lowest, 129.23 million, in 2005.
Seychelles ranks 73rd of 197 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.
Services balance (credit less debit), Net (credits less debits) (US) in Seychelles, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 129.23 million | — |
| 2006 | 148.42 million | +14.9% |
| 2007 | 209.42 million | +41.1% |
| 2008 | 221.19 million | +5.6% |
| 2009 | 177.12 million | -19.9% |
| 2010 | 174.04 million | -1.7% |
| 2011 | 199.64 million | +14.7% |
| 2012 | 287.16 million | +43.8% |
| 2013 | 354.43 million | +23.4% |
| 2014 | 330.58 million | -6.7% |
| 2015 | 349.21 million | +5.6% |
| 2016 | 511.68 million | +46.5% |
| 2017 | 491.03 million | -4.0% |
| 2018 | 698.91 million | +42.3% |
| 2019 | 690.34 million | -1.2% |
| 2020 | 266.22 million | -61.4% |
| 2021 | 437.01 million | +64.2% |
| 2022 | 680.01 million | +55.6% |
| 2023 | 797.50 million | +17.3% |
| 2024 | 714.25 million | -10.4% |
Seychelles compared with similar countries
- Seychelles's 714.25 million is below the median for high income countries, which is 910.63 million, 78% of the median. (72 countries reporting)
- Seychelles's 714.25 million is above the median for Sub-Saharan Africa, which is -399.59 million. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 177.08 million | 129.23 million | 221.19 million | 5 |
| 2010s | 408.70 million | 174.04 million | 698.91 million | 10 |
| 2020s | 579.00 million | 266.22 million | 797.50 million | 5 |
Countries ranked near Seychelles
- 70 Barbados 835.92 million compare
- 71 Belize 795.70 million compare
- 72 Turks and Caicos Islands 746.62 million compare
- 74 Slovakia 694.47 million compare
- 75 Antigua and Barbuda 684.79 million compare
- 76 French Polynesia 639.73 million compare
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 services balance (credit less debit), net (credits less debits) in Seychelles?
- Services balance (credit less debit), net (credits less debits) in Seychelles was 714.25 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Seychelles?
- The highest recorded value was 797.50 million in 2023.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Seychelles?
- The lowest recorded value was 129.23 million in 2005.
- How does Seychelles rank for services balance (credit less debit), net (credits less debits)?
- Seychelles ranks 73rd out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Seychelles?
- Over the last ten years it is up 116.1%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.