Gross savings (current LCU), annual growth rate in Seychelles
Seychelles: Gross savings (current LCU), annual growth rate was -61.83 % change on previous year in 2024. ◆ Volatile
Gross savings (current LCU), annual growth rate in Seychelles, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross savings (current lcu), annual growth rate in Seychelles stood at -61.83 % change on previous year.
Compared with earlier readings it is down 214.8% on the previous year and up 7.2% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Seychelles peaked at 148.36 % change on previous year in 2022 and was at its lowest, -232.36 % change on previous year, in 2021.
Seychelles ranks 172nd of 177 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 savings (current LCU), annual growth rate in Seychelles, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 101.6 % change on previous year | — |
| 1978 | 27.5 % change on previous year | -72.9% |
| 1979 | -23.2 % change on previous year | -184.4% |
| 1980 | 57.46 % change on previous year | -347.7% |
| 1981 | -26.37 % change on previous year | -145.9% |
| 1982 | -46.88 % change on previous year | +77.8% |
| 1983 | 49.72 % change on previous year | -206.1% |
| 1984 | 80.32 % change on previous year | +61.6% |
| 1985 | 22.28 % change on previous year | -72.3% |
| 1986 | 3.77 % change on previous year | -83.1% |
| 1987 | 17.89 % change on previous year | +374.3% |
| 1988 | 9.86 % change on previous year | -44.9% |
| 1989 | -5.49 % change on previous year | -155.7% |
| 1990 | -9.34 % change on previous year | +70.1% |
| 1991 | -7.18 % change on previous year | -23.1% |
| 1992 | 8.27 % change on previous year | -215.1% |
| 1993 | 12.42 % change on previous year | +50.1% |
| 1994 | 23.38 % change on previous year | +88.3% |
| 1995 | -16.63 % change on previous year | -171.1% |
| 1996 | 39.37 % change on previous year | -336.8% |
| 1997 | -18.32 % change on previous year | -146.5% |
| 1998 | -2.33 % change on previous year | -87.3% |
| 1999 | 37.24 % change on previous year | -1698.3% |
| 2000 | -13.35 % change on previous year | -135.8% |
| 2001 | -0.3779 % change on previous year | -97.2% |
| 2002 | 10.59 % change on previous year | -2901.4% |
| 2003 | -5.11 % change on previous year | -148.3% |
| 2004 | 77.8 % change on previous year | -1623.1% |
| 2005 | 18.18 % change on previous year | -76.6% |
| 2006 | -14.21 % change on previous year | -178.2% |
| 2007 | -5.3 % change on previous year | -62.7% |
| 2008 | -55.66 % change on previous year | +949.7% |
| 2009 | 115.78 % change on previous year | -308.0% |
| 2010 | 51.53 % change on previous year | -55.5% |
| 2011 | -4.45 % change on previous year | -108.6% |
| 2012 | 87.76 % change on previous year | -2073.5% |
| 2013 | 19.47 % change on previous year | -77.8% |
| 2014 | -66.6 % change on previous year | -442.0% |
| 2015 | 61.23 % change on previous year | -191.9% |
| 2016 | -31.85 % change on previous year | -152.0% |
| 2017 | 7.17 % change on previous year | -122.5% |
| 2018 | -19.01 % change on previous year | -365.1% |
| 2019 | 77.14 % change on previous year | -505.9% |
| 2020 | -136.71 % change on previous year | -277.2% |
| 2021 | -232.36 % change on previous year | +70.0% |
| 2022 | 148.36 % change on previous year | -163.8% |
| 2023 | 53.84 % change on previous year | -63.7% |
| 2024 | -61.83 % change on previous year | -214.8% |
Seychelles compared with similar countries
- Seychelles's -61.83 % change on previous year is below the median for high income countries, which is 5.17 % change on previous year. (63 countries reporting)
- Seychelles's -61.83 % change on previous year is below the median for Sub-Saharan Africa, which is 12.85 % change on previous year. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), 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 |
|---|---|---|---|
| 2002 | +2901.4% | -0.3779 % change on previous year | 10.59 % change on previous year |
| 2012 | +2073.5% | -4.45 % change on previous year | 87.76 % change on previous year |
| 1999 | +1698.3% | -2.33 % change on previous year | 37.24 % change on previous year |
| 2004 | +1623.1% | -5.11 % change on previous year | 77.8 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.3 % change on previous year | -23.2 % change on previous year | 101.6 % change on previous year | 3 |
| 1980s | 16.26 % change on previous year | -46.88 % change on previous year | 80.32 % change on previous year | 10 |
| 1990s | 6.69 % change on previous year | -18.32 % change on previous year | 39.37 % change on previous year | 10 |
| 2000s | 12.83 % change on previous year | -55.66 % change on previous year | 115.78 % change on previous year | 10 |
| 2010s | 18.24 % change on previous year | -66.6 % change on previous year | 87.76 % change on previous year | 10 |
| 2020s | -45.74 % change on previous year | -232.36 % change on previous year | 148.36 % change on previous year | 5 |
Countries ranked near Seychelles
- 169 Sao Tome and Principe -24.65 % change on previous year compare
- 170 Mozambique -30.52 % change on previous year compare
- 171 Lesotho -33.09 % change on previous year compare
- 173 Lebanon -73.13 % change on previous year compare
- 174 Solomon Islands -79.91 % change on previous year compare
- 175 East Timor -123.37 % 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 savings (current lcu), annual growth rate in Seychelles?
- Gross savings (current lcu), annual growth rate in Seychelles was -61.83 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Seychelles?
- The highest recorded value was 148.36 % change on previous year in 2022.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Seychelles?
- The lowest recorded value was -232.36 % change on previous year in 2021.
- How does Seychelles rank for gross savings (current lcu), annual growth rate?
- Seychelles ranks 172nd out of 177 countries with data for 2024.
- Is gross savings (current lcu), annual growth rate rising or falling in Seychelles?
- Over the last ten years it is up 7.2%. 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 Gross savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.