Current account balance as a proportion of GDP (%) in Seychelles
Seychelles: Current account balance as a proportion of GDP (%) was -8.1% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Seychelles, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Seychelles recorded -8.1% for current account balance as a proportion of gdp in 2024.
Compared with earlier readings it is down 14.6% on the previous year and up 63.8% over ten years.
Over the whole period, current account balance as a proportion of gdp in Seychelles peaked at -1.2% in 2003 and was at its lowest, -28.5%, in 2011.
Seychelles ranks 166th of 205 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Seychelles, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -6.6% | — |
| 2001 | -23.1% | +252.4% |
| 2002 | -13.6% | -41.0% |
| 2003 | -1.2% | -90.9% |
| 2004 | -6.8% | +441.7% |
| 2005 | -17.8% | +163.5% |
| 2006 | -12.4% | -30.5% |
| 2007 | -18.0% | +45.6% |
| 2008 | -26.8% | +49.1% |
| 2009 | -22.3% | -17.0% |
| 2010 | -21.8% | -1.9% |
| 2011 | -28.5% | +30.3% |
| 2012 | -14.8% | -48.0% |
| 2013 | -11.9% | -19.7% |
| 2014 | -22.4% | +88.0% |
| 2015 | -17.9% | -20.1% |
| 2016 | -2.6% | -85.4% |
| 2017 | -2.2% | -15.7% |
| 2018 | -2.3% | +6.2% |
| 2019 | -2.8% | +21.4% |
| 2020 | -12.5% | +340.8% |
| 2021 | -10.8% | -14.0% |
| 2022 | -7.0% | -34.8% |
| 2023 | -7.1% | +0.8% |
| 2024 | -8.1% | +14.6% |
Seychelles compared with similar countries
- Seychelles's -8.1% is below the median for high income countries, which is 1.6%. (69 countries reporting)
- Seychelles's -8.1% is below the median for Sub-Saharan Africa, which is -4.1%, 2.0× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | -441.7% | -1.2% | -6.8% |
| 2020 | -340.8% | -2.8% | -12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -14.9% | -26.8% | -1.2% | 10 |
| 2010s | -12.7% | -28.5% | -2.2% | 10 |
| 2020s | -9.1% | -12.5% | -7.0% | 5 |
Countries ranked near Seychelles
More economy & growth data for Seychelles
- Real gdp growth, annual growth rate -35.26 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.59 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -44.82 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 59.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate -47.45 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0022 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 43.67 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.23 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Seychelles?
- Current account balance as a proportion of gdp in Seychelles was -8.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Seychelles?
- The highest recorded value was -1.2% in 2003.
- What is the lowest current account balance as a proportion of gdp recorded in Seychelles?
- The lowest recorded value was -28.5% in 2011.
- How does Seychelles rank for current account balance as a proportion of gdp?
- Seychelles ranks 166th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Seychelles?
- Over the last ten years it is up 63.8%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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