Personal remittances, paid in Seychelles
Seychelles: Personal remittances, paid was 65.48 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Seychelles, 1989–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Seychelles is 65.48 million current US$, measured in 2024.
Compared with earlier readings it is up 9.5% on the previous year and up 13.6% over ten years.
Over the whole period, personal remittances, paid in Seychelles peaked at 74.89 million current US$ in 2018 and was at its lowest, 57,898 current US$, in 1993.
Seychelles ranks 154th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid in Seychelles, year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 9.24 million current US$ | — |
| 1990 | 9.79 million current US$ | +6.0% |
| 1991 | 9.56 million current US$ | -2.4% |
| 1992 | 13.29 million current US$ | +39.1% |
| 1993 | 57,898 current US$ | -99.6% |
| 1994 | 79,116 current US$ | +36.6% |
| 1995 | 272,996 current US$ | +245.1% |
| 1996 | 362,174 current US$ | +32.7% |
| 1997 | 358,113 current US$ | -1.1% |
| 1998 | 479,838 current US$ | +34.0% |
| 1999 | 275,709 current US$ | -42.5% |
| 2000 | 10.10 million current US$ | +3564.9% |
| 2001 | 5.61 million current US$ | -44.5% |
| 2002 | 4.89 million current US$ | -12.7% |
| 2003 | 7.31 million current US$ | +49.4% |
| 2004 | 7.93 million current US$ | +8.4% |
| 2005 | 9.96 million current US$ | +25.6% |
| 2006 | 17.33 million current US$ | +74.0% |
| 2007 | 52.20 million current US$ | +201.3% |
| 2008 | 50.52 million current US$ | -3.2% |
| 2009 | 62.10 million current US$ | +22.9% |
| 2010 | 41.22 million current US$ | -33.6% |
| 2011 | 50.22 million current US$ | +21.8% |
| 2012 | 56.96 million current US$ | +13.4% |
| 2013 | 61.16 million current US$ | +7.4% |
| 2014 | 57.66 million current US$ | -5.7% |
| 2015 | 74.21 million current US$ | +28.7% |
| 2016 | 62.95 million current US$ | -15.2% |
| 2017 | 67.96 million current US$ | +8.0% |
| 2018 | 74.89 million current US$ | +10.2% |
| 2019 | 73.36 million current US$ | -2.0% |
| 2020 | 44.86 million current US$ | -38.9% |
| 2021 | 48.91 million current US$ | +9.0% |
| 2022 | 61.47 million current US$ | +25.7% |
| 2023 | 59.78 million current US$ | -2.8% |
| 2024 | 65.48 million current US$ | +9.5% |
Seychelles compared with similar countries
- Seychelles's 65.48 million current US$ is below the median for high income countries, which is 1.09 billion current US$, 6% of the median. (71 countries reporting)
- Seychelles's 65.48 million current US$ is below the median for Sub-Saharan Africa, which is 104.72 million current US$, 63% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +3564.9% | 275,709 current US$ | 10.10 million current US$ |
| 1995 | +245.1% | 79,116 current US$ | 272,996 current US$ |
| 2007 | +201.3% | 17.33 million current US$ | 52.20 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.24 million current US$ | 9.24 million current US$ | 9.24 million current US$ | 1 |
| 1990s | 3.45 million current US$ | 57,898 current US$ | 13.29 million current US$ | 10 |
| 2000s | 22.80 million current US$ | 4.89 million current US$ | 62.10 million current US$ | 10 |
| 2010s | 62.06 million current US$ | 41.22 million current US$ | 74.89 million current US$ | 10 |
| 2020s | 56.10 million current US$ | 44.86 million current US$ | 65.48 million current US$ | 5 |
Countries ranked near Seychelles
- 151 Tunisia 70.34 million current US$ compare
- 152 Mauritania 69.30 million current US$ compare
- 153 Ethiopia 69.27 million current US$ compare
- 155 Kosovo 62.41 million current US$ compare
- 155 Kosovo (UNSCR 1244) 62.41 million current US$ compare
- 157 New Caledonia 59.86 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$), annual growth rate 13.31 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid in Seychelles?
- Personal remittances, paid in Seychelles was 65.48 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Seychelles?
- The highest recorded value was 74.89 million current US$ in 2018.
- What is the lowest personal remittances, paid recorded in Seychelles?
- The lowest recorded value was 57,898 current US$ in 1993.
- How does Seychelles rank for personal remittances, paid?
- Seychelles ranks 154th out of 196 countries with data for 2024.
- Is personal remittances, paid rising or falling in Seychelles?
- Over the last ten years it is up 13.6%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). 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
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.