Current account balance in Seychelles
Seychelles: Current account balance was -166.20 million BoP, current US$ in 2024. ◆ Volatile
Current account balance in Seychelles, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Seychelles recorded -166.20 million BoP, current US$ for current account balance in 2024.
The figure is down 7.4% on the previous year and up 46.5% over ten years.
Over the whole period, current account balance in Seychelles peaked at 31.39 million BoP, current US$ in 1994 and was at its lowest, -310.40 million BoP, current US$, in 2014.
That places Seychelles 97th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -5.50 million BoP, current US$ | -12.26 million BoP, current US$ | -1.87 million BoP, current US$ | 4 |
| 1980s | -25.61 million BoP, current US$ | -40.64 million BoP, current US$ | -13.29 million BoP, current US$ | 10 |
| 1990s | -32.82 million BoP, current US$ | -116.76 million BoP, current US$ | 31.39 million BoP, current US$ | 10 |
| 2000s | -132.12 million BoP, current US$ | -262.95 million BoP, current US$ | -9.36 million BoP, current US$ | 10 |
| 2010s | -157.50 million BoP, current US$ | -310.40 million BoP, current US$ | -36.92 million BoP, current US$ | 10 |
| 2020s | -159.19 million BoP, current US$ | -173.24 million BoP, current US$ | -141.65 million BoP, current US$ | 5 |
Countries ranked near Seychelles
- 94 Guinea-Bissau -161.73 million BoP, current US$ compare
- 95 Saint Kitts and Nevis -162.32 million BoP, current US$ compare
- 96 Saint Lucia -166.18 million BoP, current US$ compare
- 98 Panama -169.05 million BoP, current US$ compare
- 99 Saint Vincent and the Grenadines -201.72 million BoP, current US$ compare
- 100 Bangladesh -239.44 million BoP, current US$ compare
More economy & growth data for Seychelles
- External balance on goods and services as a percent of GDP -13.0% (2025)
- Inflation of consumer prices 0.3% (2025)
- GDP per capita 17,379 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.4% (2025)
- Gross domestic product (GDP) 2.13 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,379 constant 2015 US$ (2025)
- DEC alternative conversion factor 14.73 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -171.17 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -11.62 million current US$ (2025)
- Taxes less subsidies on products 5.31 billion current LCU (2025)
Frequently asked questions
- What is current account balance in Seychelles?
- Current account balance in Seychelles was -166.20 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Seychelles?
- The highest recorded value was 31.39 million BoP, current US$ in 1994.
- What is the lowest current account balance recorded in Seychelles?
- The lowest recorded value was -310.40 million BoP, current US$ in 2014.
- How does Seychelles rank for current account balance?
- Seychelles ranks 97th out of 198 countries with data for 2024.
- Is current account balance rising or falling in Seychelles?
- Over the last ten years it is up 46.5%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.