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 165th of 204 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% |
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
- 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.8 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.8624 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 16,773 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 5.03 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 3.75 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.39 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.3837 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 7,464 current LCU per person (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 165th out of 204 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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