Personal remittances, received in Seychelles
Seychelles: Personal remittances, received was 11.95 million current US$ in 2024. ◆ Volatile
Personal remittances, received in Seychelles, 1989–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, received in Seychelles is 11.95 million current US$, measured in 2024.
Compared with earlier readings it is up 4.6% on the previous year and down 20.8% over ten years.
Over the whole period, personal remittances, received in Seychelles peaked at 25.26 million current US$ in 2011 and was at its lowest, 114,021 current US$, in 1998.
Seychelles ranks 187th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Seychelles, year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 4.26 million current US$ | — |
| 1990 | 7.50 million current US$ | +76.2% |
| 1991 | 7.32 million current US$ | -2.5% |
| 1992 | 10.76 million current US$ | +47.0% |
| 1993 | 289,490 current US$ | -97.3% |
| 1994 | 296,686 current US$ | +2.5% |
| 1995 | 503,993 current US$ | +69.9% |
| 1996 | 704,228 current US$ | +39.7% |
| 1997 | 218,847 current US$ | -68.9% |
| 1998 | 114,021 current US$ | -47.9% |
| 1999 | 187,175 current US$ | +64.2% |
| 2000 | 3.16 million current US$ | +1587.7% |
| 2001 | 1.79 million current US$ | -43.3% |
| 2002 | 1.98 million current US$ | +10.6% |
| 2003 | 4.86 million current US$ | +145.2% |
| 2004 | 6.81 million current US$ | +40.2% |
| 2005 | 12.10 million current US$ | +77.7% |
| 2006 | 13.27 million current US$ | +9.7% |
| 2007 | 4.77 million current US$ | -64.1% |
| 2008 | 3.16 million current US$ | -33.7% |
| 2009 | 16.12 million current US$ | +409.9% |
| 2010 | 17.38 million current US$ | +7.8% |
| 2011 | 25.26 million current US$ | +45.4% |
| 2012 | 17.67 million current US$ | -30.1% |
| 2013 | 12.87 million current US$ | -27.1% |
| 2014 | 15.08 million current US$ | +17.1% |
| 2015 | 18.42 million current US$ | +22.2% |
| 2016 | 22.09 million current US$ | +19.9% |
| 2017 | 21.66 million current US$ | -1.9% |
| 2018 | 22.71 million current US$ | +4.9% |
| 2019 | 23.65 million current US$ | +4.1% |
| 2020 | 9.98 million current US$ | -57.8% |
| 2021 | 9.51 million current US$ | -4.7% |
| 2022 | 10.92 million current US$ | +14.8% |
| 2023 | 11.42 million current US$ | +4.6% |
| 2024 | 11.95 million current US$ | +4.6% |
Seychelles compared with similar countries
- Seychelles's 11.95 million current US$ is below the median for high income countries, which is 844.01 million current US$, 1% of the median. (69 countries reporting)
- Seychelles's 11.95 million current US$ is below the median for Sub-Saharan Africa, which is 406.26 million current US$, 3% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +1587.7% | 187,175 current US$ | 3.16 million current US$ |
| 2009 | +409.9% | 3.16 million current US$ | 16.12 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.26 million current US$ | 4.26 million current US$ | 4.26 million current US$ | 1 |
| 1990s | 2.79 million current US$ | 114,021 current US$ | 10.76 million current US$ | 10 |
| 2000s | 6.80 million current US$ | 1.79 million current US$ | 16.12 million current US$ | 10 |
| 2010s | 19.68 million current US$ | 12.87 million current US$ | 25.26 million current US$ | 10 |
| 2020s | 10.75 million current US$ | 9.51 million current US$ | 11.95 million current US$ | 5 |
Countries ranked near Seychelles
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$), annual growth rate 13.31 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, received in Seychelles?
- Personal remittances, received in Seychelles was 11.95 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Seychelles?
- The highest recorded value was 25.26 million current US$ in 2011.
- What is the lowest personal remittances, received recorded in Seychelles?
- The lowest recorded value was 114,021 current US$ in 1998.
- How does Seychelles rank for personal remittances, received?
- Seychelles ranks 187th out of 197 countries with data for 2024.
- Is personal remittances, received rising or falling in Seychelles?
- Over the last ten years it is down 20.8%. 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, received (current US$). Statizoid updates them automatically from the source API.
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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.