Financial and insurance activities (banking), value added in Seychelles
Seychelles: Financial and insurance activities (banking), value added was 595.32 million current LCU in 2011. ◆ Volatile
Financial and insurance activities (banking), value added in Seychelles, 1976–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
In 2011, financial and insurance activities (banking), value added in Seychelles stood at 595.32 million current LCU. That is the highest value across all 36 years on record.
That represents a change of up 13.1% on the previous year and up 148.3% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Seychelles peaked at 595.32 million current LCU in 2011 and was at its lowest, 15.41 million current LCU, in 1976.
That places Seychelles 30th out of 36 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Seychelles, year by year
| Year | current LCU | Change |
|---|---|---|
| 1976 | 15.41 million current LCU | — |
| 1977 | 17.80 million current LCU | +15.5% |
| 1978 | 20.20 million current LCU | +13.5% |
| 1979 | 38.10 million current LCU | +88.6% |
| 1980 | 48.70 million current LCU | +27.8% |
| 1981 | 33.00 million current LCU | -32.2% |
| 1982 | 41.60 million current LCU | +26.1% |
| 1983 | 32.80 million current LCU | -21.2% |
| 1984 | 33.30 million current LCU | +1.5% |
| 1985 | 48.70 million current LCU | +46.2% |
| 1986 | 59.60 million current LCU | +22.4% |
| 1987 | 87.00 million current LCU | +46.0% |
| 1988 | 112.00 million current LCU | +28.7% |
| 1989 | 100.40 million current LCU | -10.4% |
| 1990 | 105.70 million current LCU | +5.3% |
| 1991 | 102.50 million current LCU | -3.0% |
| 1992 | 115.40 million current LCU | +12.6% |
| 1993 | 127.80 million current LCU | +10.7% |
| 1994 | 154.00 million current LCU | +20.5% |
| 1995 | 161.50 million current LCU | +4.9% |
| 1996 | 184.10 million current LCU | +14.0% |
| 1997 | 207.50 million current LCU | +12.7% |
| 1998 | 224.70 million current LCU | +8.3% |
| 1999 | 232.50 million current LCU | +3.5% |
| 2000 | 238.50 million current LCU | +2.6% |
| 2001 | 239.80 million current LCU | +0.5% |
| 2002 | 253.30 million current LCU | +5.6% |
| 2003 | 254.40 million current LCU | +0.4% |
| 2004 | 232.77 million current LCU | -8.5% |
| 2005 | 242.84 million current LCU | +4.3% |
| 2006 | 269.80 million current LCU | +11.1% |
| 2007 | 361.62 million current LCU | +34.0% |
| 2008 | 424.54 million current LCU | +17.4% |
| 2009 | 560.04 million current LCU | +31.9% |
| 2010 | 526.21 million current LCU | -6.0% |
| 2011 | 595.32 million current LCU | +13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.88 million current LCU | 15.41 million current LCU | 38.10 million current LCU | 4 |
| 1980s | 59.71 million current LCU | 32.80 million current LCU | 112.00 million current LCU | 10 |
| 1990s | 161.57 million current LCU | 102.50 million current LCU | 232.50 million current LCU | 10 |
| 2000s | 307.76 million current LCU | 232.77 million current LCU | 560.04 million current LCU | 10 |
| 2010s | 560.76 million current LCU | 526.21 million current LCU | 595.32 million current LCU | 2 |
Countries ranked near Seychelles
- 27 Lesotho 1.07 billion current LCU compare
- 28 Eritrea 1.05 billion current LCU compare
- 29 Eswatini 690.00 million current LCU compare
- 31 Malawi 43.30 million current LCU
- 32 Congo, Democratic Republic of the 0.0961 current LCU compare
- 33 Chad 0 current LCU
- 33 Guinea 0 current LCU
- 33 Mauritania 0 current LCU
- 33 Uganda 0 current LCU 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)
- Gross domestic savings (current US$), annual growth rate -7.88 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0566 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 1,102 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -6.64 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.8341 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 16,223 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 9.7 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9872 current 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 595.32 million current 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 595.32 million current LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Seychelles?
- The lowest recorded value was 15.41 million current LCU in 1976.
- How does Seychelles rank for financial and insurance activities (banking), value added?
- Seychelles ranks 30th out of 36 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 148.3%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current local currency.