Gross savings in Seychelles
Seychelles: Gross savings was 56.61 million current US$ in 2024. ◆ Volatile
Latest (2024)
56.61 million current US$
Change on year
down 63.2%
World rank
171st
of 178 countries
All-time high
351.17 million current US$
in 2013
All-time low
-171.18 million current US$
in 2021
Years of data
49
1976–2024
Gross savings in Seychelles, 1976–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Seychelles is 56.61 million current US$, measured in 2024.
The figure is down 63.2% on the previous year and down 48.6% over ten years.
Over the whole period, gross savings in Seychelles peaked at 351.17 million current US$ in 2013 and was at its lowest, -171.18 million current US$, in 2021.
Seychelles ranks 171st of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Seychelles, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 14.39 million current US$ | — |
| 1977 | 28.17 million current US$ | +95.7% |
| 1978 | 39.48 million current US$ | +40.2% |
| 1979 | 33.29 million current US$ | -15.7% |
| 1980 | 51.93 million current US$ | +56.0% |
| 1981 | 38.71 million current US$ | -25.5% |
| 1982 | 19.82 million current US$ | -48.8% |
| 1983 | 28.73 million current US$ | +45.0% |
| 1984 | 49.66 million current US$ | +72.9% |
| 1985 | 60.08 million current US$ | +21.0% |
| 1986 | 72.02 million current US$ | +19.9% |
| 1987 | 93.65 million current US$ | +30.0% |
| 1988 | 107.02 million current US$ | +14.3% |
| 1989 | 96.44 million current US$ | -9.9% |
| 1990 | 92.49 million current US$ | -4.1% |
| 1991 | 86.62 million current US$ | -6.3% |
| 1992 | 96.85 million current US$ | +11.8% |
| 1993 | 107.62 million current US$ | +11.1% |
| 1994 | 136.09 million current US$ | +26.5% |
| 1995 | 120.46 million current US$ | -11.5% |
| 1996 | 160.86 million current US$ | +33.5% |
| 1997 | 129.91 million current US$ | -19.2% |
| 1998 | 121.20 million current US$ | -6.7% |
| 1999 | 163.83 million current US$ | +35.2% |
| 2000 | 132.74 million current US$ | -19.0% |
| 2001 | 128.99 million current US$ | -2.8% |
| 2002 | 152.48 million current US$ | +18.2% |
| 2003 | 146.81 million current US$ | -3.7% |
| 2004 | 256.32 million current US$ | +74.6% |
| 2005 | 302.91 million current US$ | +18.2% |
| 2006 | 258.93 million current US$ | -14.5% |
| 2007 | 201.97 million current US$ | -22.0% |
| 2008 | 63.46 million current US$ | -68.6% |
| 2009 | 95.15 million current US$ | +49.9% |
| 2010 | 162.62 million current US$ | +70.9% |
| 2011 | 151.45 million current US$ | -6.9% |
| 2012 | 256.92 million current US$ | +69.6% |
| 2013 | 351.17 million current US$ | +36.7% |
| 2014 | 110.23 million current US$ | -68.6% |
| 2015 | 170.16 million current US$ | +54.4% |
| 2016 | 115.91 million current US$ | -31.9% |
| 2017 | 121.23 million current US$ | +4.6% |
| 2018 | 96.33 million current US$ | -20.5% |
| 2019 | 169.16 million current US$ | +75.6% |
| 2020 | -49.47 million current US$ | -129.2% |
| 2021 | -171.18 million current US$ | +246.0% |
| 2022 | 98.14 million current US$ | -157.3% |
| 2023 | 153.73 million current US$ | +56.6% |
| 2024 | 56.61 million current US$ | -63.2% |
Seychelles compared with similar countries
- Seychelles's 56.61 million current US$ is below the median for high income countries, which is 58.75 billion current US$, 0% of the median. (63 countries reporting)
- Seychelles's 56.61 million current US$ is below the median for Sub-Saharan Africa, which is 3.44 billion current US$, 2% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.83 million current US$ | 14.39 million current US$ | 39.48 million current US$ | 4 |
| 1980s | 61.80 million current US$ | 19.82 million current US$ | 107.02 million current US$ | 10 |
| 1990s | 121.59 million current US$ | 86.62 million current US$ | 163.83 million current US$ | 10 |
| 2000s | 173.98 million current US$ | 63.46 million current US$ | 302.91 million current US$ | 10 |
| 2010s | 170.52 million current US$ | 96.33 million current US$ | 351.17 million current US$ | 10 |
| 2020s | 17.57 million current US$ | -171.18 million current US$ | 153.73 million current US$ | 5 |
Countries ranked near Seychelles
- 168 Marshall Islands 108.55 million current US$ compare
- 169 Vanuatu 82.41 million current US$ compare
- 170 Sao Tome and Principe 74.40 million current US$ compare
- 172 Kiribati 44.11 million current US$ compare
- 173 Solomon Islands 17.12 million current US$ compare
- 174 Palau -35.86 million current US$ 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$), annual growth rate 13.31 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Seychelles?
- Gross savings in Seychelles was 56.61 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Seychelles?
- The highest recorded value was 351.17 million current US$ in 2013.
- What is the lowest gross savings recorded in Seychelles?
- The lowest recorded value was -171.18 million current US$ in 2021.
- How does Seychelles rank for gross savings?
- Seychelles ranks 171st out of 178 countries with data for 2024.
- Is gross savings rising or falling in Seychelles?
- Over the last ten years it is down 48.6%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.