Financial and insurance activities (banking), value added in Seychelles
Seychelles: Financial and insurance activities (banking), value added was 348.83 million constant LCU in 2011. ▲ Rising
Financial and insurance activities (banking), value added in Seychelles, 2004–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
In 2011, financial and insurance activities (banking), value added in Seychelles stood at 348.83 million constant LCU. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 46.3% over ten years.
Seychelles ranks 26th of 31 countries on this measure, in the bottom quarter.
Financial and insurance activities (banking), value added in Seychelles, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2004 | 238.38 million constant LCU | — |
| 2005 | 247.44 million constant LCU | +3.8% |
| 2006 | 269.80 million constant LCU | +9.0% |
| 2007 | 314.21 million constant LCU | +16.5% |
| 2008 | 318.92 million constant LCU | +1.5% |
| 2009 | 314.70 million constant LCU | -1.3% |
| 2010 | 323.02 million constant LCU | +2.6% |
| 2011 | 348.83 million constant LCU | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 283.91 million constant LCU | 238.38 million constant LCU | 318.92 million constant LCU | 6 |
| 2010s | 335.93 million constant LCU | 323.02 million constant LCU | 348.83 million constant LCU | 2 |
Countries ranked near Seychelles
- 23 Ghana 799.00 million constant LCU compare
- 24 Lesotho 683.90 million constant LCU compare
- 25 Eswatini 417.30 million constant LCU compare
- 27 Eritrea 241.44 million constant LCU compare
- 28 Cape Verde 158.15 million constant LCU compare
- 29 Guinea 0 constant LCU
- 29 Mali 0 constant LCU
- 29 Mauritania 0 constant LCU
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8488 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 16,509 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 12.5 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 243,103 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7461 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Seychelles?
- Financial and insurance activities (banking), value added in Seychelles was 348.83 million constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Seychelles?
- The highest recorded value was 348.83 million constant LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Seychelles?
- The lowest recorded value was 238.38 million constant LCU in 2004.
- How does Seychelles rank for financial and insurance activities (banking), value added?
- Seychelles ranks 26th out of 31 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Seychelles?
- Over the last ten years it is up 46.3%. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.