Current account balance (BoP, current US$), annual growth rate in Seychelles
Seychelles: Current account balance (BoP, current US$), annual growth rate was -7.45 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Seychelles, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for current account balance (bop, current us$), annual growth rate in Seychelles is -7.45 % change on previous year, measured in 2024.
Compared with earlier readings it is up 19.0% on the previous year and up 92.2% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Seychelles peaked at 263.81 % change on previous year in 1994 and was at its lowest, -544.31 % change on previous year, in 2004.
Seychelles ranks 113th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Seychelles, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 51.97 % change on previous year | — |
| 1978 | -112.96 % change on previous year | -317.3% |
| 1979 | -207.81 % change on previous year | +84.0% |
| 1980 | -27.39 % change on previous year | -86.8% |
| 1981 | -20.3 % change on previous year | -25.9% |
| 1982 | -116.25 % change on previous year | +472.7% |
| 1983 | 35.9 % change on previous year | -130.9% |
| 1984 | 48.99 % change on previous year | +36.4% |
| 1985 | -44.49 % change on previous year | -190.8% |
| 1986 | -73.4 % change on previous year | +65.0% |
| 1987 | 36.59 % change on previous year | -149.8% |
| 1988 | -34.57 % change on previous year | -194.5% |
| 1989 | -39.57 % change on previous year | +14.5% |
| 1990 | 67.27 % change on previous year | -270.0% |
| 1991 | 37.05 % change on previous year | -44.9% |
| 1992 | 15.5 % change on previous year | -58.2% |
| 1993 | 224.97 % change on previous year | +1351.5% |
| 1994 | 263.81 % change on previous year | +17.3% |
| 1995 | -95.49 % change on previous year | -136.2% |
| 1997 | -26.09 % change on previous year | -72.7% |
| 1998 | -60.79 % change on previous year | +133.0% |
| 1999 | -9.87 % change on previous year | -83.8% |
| 2000 | 63.24 % change on previous year | -740.7% |
| 2001 | -256.59 % change on previous year | -505.7% |
| 2002 | 33.84 % change on previous year | -113.2% |
| 2003 | 90.76 % change on previous year | +168.2% |
| 2004 | -544.31 % change on previous year | -699.8% |
| 2005 | -188.58 % change on previous year | -65.4% |
| 2006 | 23.15 % change on previous year | -112.3% |
| 2007 | -45.03 % change on previous year | -294.5% |
| 2008 | -35.53 % change on previous year | -21.1% |
| 2009 | 27.95 % change on previous year | -178.6% |
| 2010 | -13.16 % change on previous year | -147.1% |
| 2011 | -40.53 % change on previous year | +208.1% |
| 2012 | 46.46 % change on previous year | -214.6% |
| 2013 | 1.68 % change on previous year | -96.4% |
| 2014 | -95.7 % change on previous year | -5809.4% |
| 2015 | 17.47 % change on previous year | -118.3% |
| 2016 | 84 % change on previous year | +380.8% |
| 2017 | 9.95 % change on previous year | -88.2% |
| 2018 | -13.16 % change on previous year | -232.2% |
| 2019 | -27.14 % change on previous year | +106.3% |
| 2020 | -226.15 % change on previous year | +733.2% |
| 2021 | 7.54 % change on previous year | -103.3% |
| 2022 | 11.56 % change on previous year | +53.3% |
| 2023 | -9.2 % change on previous year | -179.6% |
| 2024 | -7.45 % change on previous year | -19.0% |
Seychelles compared with similar countries
- Seychelles's -7.45 % change on previous year is below the median for high income countries, which is 1.97 % change on previous year. (71 countries reporting)
- Seychelles's -7.45 % change on previous year is below the median for Sub-Saharan Africa, which is -1.03 % change on previous year, 7.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | -5809.4% | 1.68 % change on previous year | -95.7 % change on previous year |
| 1993 | +1351.5% | 15.5 % change on previous year | 224.97 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -89.6 % change on previous year | -207.81 % change on previous year | 51.97 % change on previous year | 3 |
| 1980s | -23.45 % change on previous year | -116.25 % change on previous year | 48.99 % change on previous year | 10 |
| 1990s | 46.26 % change on previous year | -95.49 % change on previous year | 263.81 % change on previous year | 9 |
| 2000s | -83.11 % change on previous year | -544.31 % change on previous year | 90.76 % change on previous year | 10 |
| 2010s | -3.01 % change on previous year | -95.7 % change on previous year | 84 % change on previous year | 10 |
| 2020s | -44.74 % change on previous year | -226.15 % change on previous year | 11.56 % change on previous year | 5 |
Countries ranked near Seychelles
- 110 Kiribati -3.04 % change on previous year compare
- 111 Saint Vincent and the Grenadines -4.48 % change on previous year compare
- 112 Dominica -5.59 % change on previous year compare
- 114 Mauritania -7.54 % change on previous year compare
- 115 Paraguay -7.78 % change on previous year compare
- 116 Kosovo -8.2 % change on previous year compare
- 116 Kosovo (UNSCR 1244) -8.2 % change on previous year compare
More economy & growth data for Seychelles
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.59 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -41.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0186 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -341.28 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 226.13 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.66 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1015 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,863 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 13.31 % change on previous year (2024)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Seychelles?
- Current account balance (bop, current us$), annual growth rate in Seychelles was -7.45 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Seychelles?
- The highest recorded value was 263.81 % change on previous year in 1994.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Seychelles?
- The lowest recorded value was -544.31 % change on previous year in 2004.
- How does Seychelles rank for current account balance (bop, current us$), annual growth rate?
- Seychelles ranks 113th out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Seychelles?
- Over the last ten years it is up 92.2%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.