Trade in services as share of GDP in Seychelles
Seychelles: Trade in services as share of GDP was 121.8% in 2024. ▲ Rising
Latest (2024)
121.8%
Change on year
down 7.8%
World rank
6th
of 198 countries
All-time high
137.1%
in 2018
All-time low
58.7%
in 1998
Years of data
49
1976–2024
Trade in services as share of GDP in Seychelles, 1976–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Seychelles recorded 121.8% for trade in services as share of gdp in 2024.
Compared with earlier readings it is down 7.8% on the previous year and up 26.3% over ten years.
Over the whole period, trade in services as share of gdp in Seychelles peaked at 137.1% in 2018 and was at its lowest, 58.7%, in 1998.
That places Seychelles 6th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Trade in services as share of GDP in Seychelles, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 90.7% | — |
| 1977 | 108.4% | +19.6% |
| 1978 | 107.2% | -1.2% |
| 1979 | 93.8% | -12.5% |
| 1980 | 83.8% | -10.7% |
| 1981 | 78.9% | -5.8% |
| 1982 | 76.1% | -3.6% |
| 1983 | 74.9% | -1.6% |
| 1984 | 87.8% | +17.3% |
| 1985 | 95.3% | +8.5% |
| 1986 | 89.4% | -6.2% |
| 1987 | 86.7% | -3.1% |
| 1988 | 81.5% | -6.0% |
| 1989 | 65.4% | -19.7% |
| 1990 | 65.0% | -0.7% |
| 1991 | 62.0% | -4.6% |
| 1992 | 61.6% | -0.7% |
| 1993 | 70.6% | +14.6% |
| 1994 | 65.4% | -7.5% |
| 1995 | 71.9% | +10.0% |
| 1996 | 66.8% | -7.1% |
| 1997 | 64.5% | -3.5% |
| 1998 | 58.7% | -8.9% |
| 1999 | 65.6% | +11.7% |
| 2000 | 73.4% | +12.0% |
| 2001 | 77.4% | +5.3% |
| 2002 | 71.7% | -7.3% |
| 2003 | 73.6% | +2.7% |
| 2004 | 61.4% | -16.6% |
| 2005 | 62.4% | +1.6% |
| 2006 | 66.0% | +5.8% |
| 2007 | 65.3% | -1.2% |
| 2008 | 72.2% | +10.7% |
| 2009 | 77.4% | +7.2% |
| 2010 | 72.0% | -7.0% |
| 2011 | 69.1% | -4.1% |
| 2012 | 97.3% | +40.9% |
| 2013 | 97.4% | +0.1% |
| 2014 | 96.4% | -1.0% |
| 2015 | 94.0% | -2.5% |
| 2016 | 112.7% | +20.0% |
| 2017 | 128.3% | +13.8% |
| 2018 | 137.1% | +6.8% |
| 2019 | 134.5% | -1.9% |
| 2020 | 91.6% | -31.8% |
| 2021 | 136.8% | +49.2% |
| 2022 | 134.4% | -1.7% |
| 2023 | 132.1% | -1.7% |
| 2024 | 121.8% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 100.0% | 90.7% | 108.4% | 4 |
| 1980s | 82.0% | 65.4% | 95.3% | 10 |
| 1990s | 65.2% | 58.7% | 71.9% | 10 |
| 2000s | 70.1% | 61.4% | 77.4% | 10 |
| 2010s | 103.9% | 69.1% | 137.1% | 10 |
| 2020s | 123.3% | 91.6% | 136.8% | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 12.5 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 243,103 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7461 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 14,511 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 9.97 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is trade in services as share of gdp in Seychelles?
- Trade in services as share of gdp in Seychelles was 121.8% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Seychelles?
- The highest recorded value was 137.1% in 2018.
- What is the lowest trade in services as share of gdp recorded in Seychelles?
- The lowest recorded value was 58.7% in 1998.
- How does Seychelles rank for trade in services as share of gdp?
- Seychelles ranks 6th out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Seychelles?
- Over the last ten years it is up 26.3%. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).