Gross Domestic Product — Value Standard Local Currency, annual growth in Seychelles
Seychelles: Gross Domestic Product — Value Standard Local Currency, annual growth was 2.7 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Seychelles, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, annual growth in Seychelles stood at 2.7 % change on previous year.
The figure is up 23.1% on the previous year and down 63.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Seychelles peaked at 35.77 % change on previous year in 1972 and was at its lowest, -7.13 % change on previous year, in 2020.
Seychelles ranks 199th of 218 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, annual growth in Seychelles, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 17.68 % change on previous year | — |
| 1972 | 35.77 % change on previous year | +102.4% |
| 1973 | 22.74 % change on previous year | -36.4% |
| 1974 | 22.51 % change on previous year | -1.0% |
| 1975 | 17.11 % change on previous year | -24.0% |
| 1976 | 26.9 % change on previous year | +57.2% |
| 1977 | 34.85 % change on previous year | +29.5% |
| 1978 | 20.69 % change on previous year | -40.6% |
| 1979 | 35.51 % change on previous year | +71.6% |
| 1980 | 16.82 % change on previous year | -52.6% |
| 1981 | 2.43 % change on previous year | -85.5% |
| 1982 | 0.0309 % change on previous year | -98.7% |
| 1983 | 2.52 % change on previous year | +8053.0% |
| 1984 | 7.95 % change on previous year | +216.0% |
| 1985 | 12.82 % change on previous year | +61.1% |
| 1986 | 7.05 % change on previous year | -45.0% |
| 1987 | 8.21 % change on previous year | +16.4% |
| 1988 | 9.46 % change on previous year | +15.2% |
| 1989 | 12.63 % change on previous year | +33.6% |
| 1990 | 14.31 % change on previous year | +13.3% |
| 1991 | 0.661 % change on previous year | -95.4% |
| 1992 | 12.17 % change on previous year | +1741.4% |
| 1993 | 9.47 % change on previous year | -22.2% |
| 1994 | 0.3662 % change on previous year | -96.1% |
| 1995 | -0.8441 % change on previous year | -330.5% |
| 1996 | 2.57 % change on previous year | -405.0% |
| 1997 | 14 % change on previous year | +443.7% |
| 1998 | 13.14 % change on previous year | -6.1% |
| 1999 | 3.81 % change on previous year | -71.0% |
| 2000 | 6.27 % change on previous year | +64.8% |
| 2001 | 2.44 % change on previous year | -61.1% |
| 2002 | 5.04 % change on previous year | +106.9% |
| 2003 | -0.4519 % change on previous year | -109.0% |
| 2004 | 0.9893 % change on previous year | -318.9% |
| 2005 | 9.5 % change on previous year | +860.8% |
| 2006 | 10.98 % change on previous year | +15.5% |
| 2007 | 23.97 % change on previous year | +118.2% |
| 2008 | 32.59 % change on previous year | +36.0% |
| 2009 | 26.61 % change on previous year | -18.4% |
| 2010 | 1.91 % change on previous year | -92.8% |
| 2011 | 8.17 % change on previous year | +328.4% |
| 2012 | 15.61 % change on previous year | +91.2% |
| 2013 | 10.75 % change on previous year | -31.2% |
| 2014 | 7.34 % change on previous year | -31.8% |
| 2015 | 7.82 % change on previous year | +6.6% |
| 2016 | 9.55 % change on previous year | +22.1% |
| 2017 | 9.45 % change on previous year | -1.0% |
| 2018 | 8.56 % change on previous year | -9.4% |
| 2019 | 5.65 % change on previous year | -34.0% |
| 2020 | -7.13 % change on previous year | -226.2% |
| 2021 | 3.32 % change on previous year | -146.5% |
| 2022 | 16.73 % change on previous year | +404.2% |
| 2023 | 2.19 % change on previous year | -86.9% |
| 2024 | 2.7 % change on previous year | +23.1% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 1983 | +8053.0% | 0.0309 % change on previous year | 2.52 % change on previous year |
| 1992 | +1741.4% | 0.661 % change on previous year | 12.17 % change on previous year |
| 2005 | +860.8% | 0.9893 % change on previous year | 9.5 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.97 % change on previous year | 17.11 % change on previous year | 35.77 % change on previous year | 9 |
| 1980s | 7.99 % change on previous year | 0.0309 % change on previous year | 16.82 % change on previous year | 10 |
| 1990s | 6.97 % change on previous year | -0.8441 % change on previous year | 14.31 % change on previous year | 10 |
| 2000s | 11.8 % change on previous year | -0.4519 % change on previous year | 32.59 % change on previous year | 10 |
| 2010s | 8.48 % change on previous year | 1.91 % change on previous year | 15.61 % change on previous year | 10 |
| 2020s | 3.56 % change on previous year | -7.13 % change on previous year | 16.73 % change on previous year | 5 |
Countries ranked near Seychelles
- 196 Curacao 2.76 % change on previous year compare
- 197 Iraq 2.76 % change on previous year compare
- 198 Ethiopia PDR 2.75 % change on previous year compare
- 200 Bosnia and Herzegovina 2.63 % change on previous year compare
- 201 Switzerland 2.61 % change on previous year compare
- 202 Azerbaijan 2.61 % 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 gross domestic product — value standard local currency, annual growth in Seychelles?
- Gross domestic product — value standard local currency, annual growth in Seychelles was 2.7 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Seychelles?
- The highest recorded value was 35.77 % change on previous year in 1972.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Seychelles?
- The lowest recorded value was -7.13 % change on previous year in 2020.
- How does Seychelles rank for gross domestic product — value standard local currency, annual growth?
- Seychelles ranks 199th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Seychelles?
- Over the last ten years it is down 63.3%. 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 Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.