Personal remittances, received in Seychelles
Seychelles: Personal remittances, received was 0.5% in 2024. ◆ Volatile
Personal remittances, received in Seychelles, 1989–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Seychelles recorded 0.5% for personal remittances, received in 2024.
That represents a change of up 2.0% on the previous year and down 50.7% over ten years.
Over the whole period, personal remittances, received in Seychelles peaked at 2.4% in 2011 and was at its lowest, 0.0%, in 1998.
Seychelles ranks 148th of 195 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 | % of GDP | Change |
|---|---|---|
| 1989 | 1.3% | — |
| 1990 | 1.9% | +45.7% |
| 1991 | 1.8% | -4.0% |
| 1992 | 2.3% | +26.9% |
| 1993 | 0.1% | -97.5% |
| 1994 | 0.1% | -0.2% |
| 1995 | 0.1% | +62.6% |
| 1996 | 0.1% | +41.2% |
| 1997 | 0.0% | -72.2% |
| 1998 | 0.0% | -51.8% |
| 1999 | 0.0% | +60.3% |
| 2000 | 0.5% | +1610.0% |
| 2001 | 0.3% | -44.0% |
| 2002 | 0.3% | -1.4% |
| 2003 | 0.6% | +142.4% |
| 2004 | 0.8% | +17.9% |
| 2005 | 1.2% | +62.3% |
| 2006 | 1.2% | -0.8% |
| 2007 | 0.4% | -63.9% |
| 2008 | 0.3% | -27.1% |
| 2009 | 1.9% | +487.1% |
| 2010 | 1.8% | -6.6% |
| 2011 | 2.4% | +34.8% |
| 2012 | 1.6% | -32.0% |
| 2013 | 1.0% | -40.5% |
| 2014 | 1.1% | +12.5% |
| 2015 | 1.3% | +18.4% |
| 2016 | 1.4% | +9.5% |
| 2017 | 1.3% | -8.2% |
| 2018 | 1.3% | -1.5% |
| 2019 | 1.3% | -0.6% |
| 2020 | 0.7% | -43.0% |
| 2021 | 0.6% | -11.4% |
| 2022 | 0.5% | -14.6% |
| 2023 | 0.5% | -3.7% |
| 2024 | 0.5% | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.3% | 1.3% | 1.3% | 1 |
| 1990s | 0.7% | 0.0% | 2.3% | 10 |
| 2000s | 0.8% | 0.3% | 1.9% | 10 |
| 2010s | 1.4% | 1.0% | 2.4% | 10 |
| 2020s | 0.6% | 0.5% | 0.7% | 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)
- Manufacturing, value added (constant LCU), per capita 13,276 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 14.54 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1435 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 2,791 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 16.08 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 2.11 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 41,098 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 12.99 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Seychelles?
- Personal remittances, received in Seychelles was 0.5% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Seychelles?
- The highest recorded value was 2.4% in 2011.
- What is the lowest personal remittances, received recorded in Seychelles?
- The lowest recorded value was 0.0% in 1998.
- How does Seychelles rank for personal remittances, received?
- Seychelles ranks 148th out of 195 countries with data for 2024.
- Is personal remittances, received rising or falling in Seychelles?
- Over the last ten years it is down 50.7%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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.