Current account balance as a proportion of gdp in Seychelles
Seychelles: Current account balance as a proportion of gdp was -7.25 in 2023. ◆ Volatile
Latest (2023)
-7.25
Change on year
down 5.4%
World rank
151st
of 191 countries
All-time high
-1.25
in 2003
All-time low
-28.45
in 2011
Years of data
24
2000–2023
Current account balance as a proportion of gdp in Seychelles, 2000–2023
Source: Our World in Data.
Analysis
In 2023, current account balance as a proportion of gdp in Seychelles stood at -7.25.
The figure is down 5.4% on the previous year and up 39.1% over ten years.
Over the whole period, current account balance as a proportion of gdp in Seychelles peaked at -1.25 in 2003 and was at its lowest, -28.45, in 2011.
That places Seychelles 151st out of 191 countries with data for 2023, putting it 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 | Value | Change |
|---|---|---|
| 2000 | -6.56 | — |
| 2001 | -23.12 | +252.4% |
| 2002 | -13.65 | -41.0% |
| 2003 | -1.25 | -90.8% |
| 2004 | -6.75 | +440.0% |
| 2005 | -17.8 | +163.7% |
| 2006 | -12.37 | -30.5% |
| 2007 | -18.01 | +45.6% |
| 2008 | -26.84 | +49.0% |
| 2009 | -22.27 | -17.0% |
| 2010 | -21.84 | -1.9% |
| 2011 | -28.45 | +30.3% |
| 2012 | -14.81 | -47.9% |
| 2013 | -11.9 | -19.6% |
| 2014 | -22.37 | +88.0% |
| 2015 | -17.88 | -20.1% |
| 2016 | -2.61 | -85.4% |
| 2017 | -2.2 | -15.7% |
| 2018 | -2.34 | +6.4% |
| 2019 | -2.84 | +21.4% |
| 2020 | -12.53 | +341.2% |
| 2021 | -10.77 | -14.0% |
| 2022 | -6.88 | -36.1% |
| 2023 | -7.25 | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -14.86 | -26.84 | -1.25 | 10 |
| 2010s | -12.72 | -28.45 | -2.2 | 10 |
| 2020s | -9.36 | -12.53 | -6.88 | 4 |
Countries ranked near Seychelles
- 148 New Zealand -6.77 compare
- 149 Romania -6.97 compare
- 150 Sint Maarten (Dutch part) -7.17 compare
- 152 Burkina Faso -7.46 compare
- 153 Bahamas -7.49 compare
- 154 New Caledonia -7.5 compare
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)
- GDP (current US$), annual growth rate 7.11 % change on previous year (2025)
- GDP (current US$), per capita 19,449 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.55 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 14.73 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 286,401 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.8 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8935 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 17,379 constant 2015 US$ 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 -7.25 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Seychelles?
- The highest recorded value was -1.25 in 2003.
- What is the lowest current account balance as a proportion of gdp recorded in Seychelles?
- The lowest recorded value was -28.45 in 2011.
- How does Seychelles rank for current account balance as a proportion of gdp?
- Seychelles ranks 151st out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Seychelles?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).