Net trade in goods and services in Seychelles
Seychelles: Net trade in goods and services was -76.15 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-76.15 million BoP, current US$
Change on year
down 24.2%
World rank
85th
of 200 countries
All-time high
83.51 million BoP, current US$
in 2018
All-time low
-238.47 million BoP, current US$
in 2011
Years of data
49
1976–2024
Net trade in goods and services in Seychelles, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Seychelles recorded -76.15 million BoP, current US$ for net trade in goods and services in 2024.
The figure is down 24.2% on the previous year and up 64.0% over ten years.
Over the whole period, net trade in goods and services in Seychelles peaked at 83.51 million BoP, current US$ in 2018 and was at its lowest, -238.47 million BoP, current US$, in 2011.
Seychelles ranks 85th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Seychelles, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | -7.05 million BoP, current US$ | — |
| 1977 | -7.29 million BoP, current US$ | +3.4% |
| 1978 | -9.26 million BoP, current US$ | +27.1% |
| 1979 | -17.47 million BoP, current US$ | +88.6% |
| 1980 | -26.89 million BoP, current US$ | +54.0% |
| 1981 | -26.35 million BoP, current US$ | -2.0% |
| 1982 | -43.23 million BoP, current US$ | +64.0% |
| 1983 | -32.78 million BoP, current US$ | -24.2% |
| 1984 | -20.26 million BoP, current US$ | -38.2% |
| 1985 | -26.79 million BoP, current US$ | +32.2% |
| 1986 | -36.19 million BoP, current US$ | +35.1% |
| 1987 | -28.37 million BoP, current US$ | -21.6% |
| 1988 | -34.89 million BoP, current US$ | +23.0% |
| 1989 | -41.12 million BoP, current US$ | +17.9% |
| 1990 | -17.94 million BoP, current US$ | -56.4% |
| 1991 | -13.82 million BoP, current US$ | -23.0% |
| 1992 | -14.94 million BoP, current US$ | +8.1% |
| 1993 | 9.05 million BoP, current US$ | -160.6% |
| 1994 | 35.08 million BoP, current US$ | +287.6% |
| 1995 | 14.46 million BoP, current US$ | -58.8% |
| 1996 | -47.33 million BoP, current US$ | -427.4% |
| 1997 | -61.70 million BoP, current US$ | +30.3% |
| 1998 | -96.49 million BoP, current US$ | +56.4% |
| 1999 | -102.78 million BoP, current US$ | +6.5% |
| 2000 | -20.13 million BoP, current US$ | -80.4% |
| 2001 | -133.60 million BoP, current US$ | +563.8% |
| 2002 | -46.84 million BoP, current US$ | -64.9% |
| 2003 | 21.03 million BoP, current US$ | -144.9% |
| 2004 | -44.40 million BoP, current US$ | -311.1% |
| 2005 | -165.22 million BoP, current US$ | +272.1% |
| 2006 | -134.14 million BoP, current US$ | -18.8% |
| 2007 | -94.91 million BoP, current US$ | -29.2% |
| 2008 | -182.31 million BoP, current US$ | +92.1% |
| 2009 | -141.75 million BoP, current US$ | -22.2% |
| 2010 | -206.97 million BoP, current US$ | +46.0% |
| 2011 | -238.47 million BoP, current US$ | +15.2% |
| 2012 | -182.29 million BoP, current US$ | -23.6% |
| 2013 | -90.98 million BoP, current US$ | -50.1% |
| 2014 | -211.33 million BoP, current US$ | +132.3% |
| 2015 | -123.80 million BoP, current US$ | -41.4% |
| 2016 | -21.05 million BoP, current US$ | -83.0% |
| 2017 | -180.77 million BoP, current US$ | +758.8% |
| 2018 | 83.51 million BoP, current US$ | -146.2% |
| 2019 | 59.76 million BoP, current US$ | -28.4% |
| 2020 | -92.44 million BoP, current US$ | -254.7% |
| 2021 | -69.83 million BoP, current US$ | -24.5% |
| 2022 | -50.79 million BoP, current US$ | -27.3% |
| 2023 | -61.30 million BoP, current US$ | +20.7% |
| 2024 | -76.15 million BoP, current US$ | +24.2% |
Seychelles compared with similar countries
- Seychelles's -76.15 million BoP, current US$ is below the median for high income countries, which is 2.86 billion BoP, current US$. (72 countries reporting)
- Seychelles's -76.15 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$, 11% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | -758.8% | -21.05 million BoP, current US$ | -180.77 million BoP, current US$ |
| 2001 | -563.8% | -20.13 million BoP, current US$ | -133.60 million BoP, current US$ |
| 1996 | -427.4% | 14.46 million BoP, current US$ | -47.33 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -10.27 million BoP, current US$ | -17.47 million BoP, current US$ | -7.05 million BoP, current US$ | 4 |
| 1980s | -31.69 million BoP, current US$ | -43.23 million BoP, current US$ | -20.26 million BoP, current US$ | 10 |
| 1990s | -29.64 million BoP, current US$ | -102.78 million BoP, current US$ | 35.08 million BoP, current US$ | 10 |
| 2000s | -94.23 million BoP, current US$ | -182.31 million BoP, current US$ | 21.03 million BoP, current US$ | 10 |
| 2010s | -111.24 million BoP, current US$ | -238.47 million BoP, current US$ | 83.51 million BoP, current US$ | 10 |
| 2020s | -70.10 million BoP, current US$ | -92.44 million BoP, current US$ | -50.79 million BoP, current US$ | 5 |
Countries ranked near Seychelles
- 82 Tuvalu -57.04 million BoP, current US$ compare
- 83 Central African Republic -65.38 million BoP, current US$ compare
- 84 Nigeria -71.95 million BoP, current US$ compare
- 86 Belize -77.64 million BoP, current US$ compare
- 87 Nauru -90.79 million BoP, current US$ compare
- 88 Antigua and Barbuda -99.96 million BoP, 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$), annual growth rate 13.31 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods and services in Seychelles?
- Net trade in goods and services in Seychelles was -76.15 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Seychelles?
- The highest recorded value was 83.51 million BoP, current US$ in 2018.
- What is the lowest net trade in goods and services recorded in Seychelles?
- The lowest recorded value was -238.47 million BoP, current US$ in 2011.
- How does Seychelles rank for net trade in goods and services?
- Seychelles ranks 85th out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Seychelles?
- Over the last ten years it is up 64.0%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, 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
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.