Travel services in Seychelles
Seychelles: Travel services was 54.0% in 2024. ▬ Flat
Travel services in Seychelles, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Seychelles is 54.0%, measured in 2024.
Compared with earlier readings it is down 0.4% on the previous year and up 13.3% over ten years.
Over the whole period, travel services in Seychelles peaked at 71.4% in 2007 and was at its lowest, 41.3%, in 1985.
That places Seychelles 57th out of 198 countries with data for 2024, putting it in the middle of the range.
Travel services in Seychelles, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1976 | 65.6% | — |
| 1977 | 52.9% | -19.4% |
| 1978 | 54.8% | +3.6% |
| 1979 | 55.2% | +0.7% |
| 1980 | 55.9% | +1.4% |
| 1981 | 50.8% | -9.2% |
| 1982 | 43.3% | -14.8% |
| 1983 | 44.2% | +2.2% |
| 1984 | 41.6% | -6.0% |
| 1985 | 41.3% | -0.6% |
| 1986 | 44.9% | +8.6% |
| 1987 | 46.2% | +2.8% |
| 1988 | 49.0% | +6.2% |
| 1989 | 64.9% | +32.4% |
| 1990 | 70.9% | +9.4% |
| 1991 | 59.7% | -15.8% |
| 1992 | 62.0% | +3.7% |
| 1993 | 49.1% | -20.8% |
| 1994 | 48.5% | -1.3% |
| 1995 | 46.3% | -4.5% |
| 1996 | 59.3% | +28.0% |
| 1997 | 61.1% | +3.2% |
| 1998 | 54.3% | -11.2% |
| 1999 | 48.8% | -10.2% |
| 2000 | 48.4% | -0.7% |
| 2001 | 49.6% | +2.4% |
| 2002 | 52.3% | +5.5% |
| 2003 | 51.7% | -1.3% |
| 2004 | 52.5% | +1.5% |
| 2005 | 52.0% | -0.9% |
| 2006 | 52.8% | +1.6% |
| 2007 | 71.4% | +35.2% |
| 2008 | 66.5% | -6.9% |
| 2009 | 61.4% | -7.7% |
| 2010 | 62.3% | +1.5% |
| 2011 | 62.5% | +0.3% |
| 2012 | 57.7% | -7.7% |
| 2013 | 52.0% | -9.8% |
| 2014 | 47.7% | -8.4% |
| 2015 | 46.3% | -2.9% |
| 2016 | 57.9% | +25.1% |
| 2017 | 56.1% | -3.0% |
| 2018 | 50.9% | -9.4% |
| 2019 | 53.5% | +5.1% |
| 2020 | 42.7% | -20.2% |
| 2021 | 47.6% | +11.6% |
| 2022 | 55.5% | +16.6% |
| 2023 | 54.2% | -2.4% |
| 2024 | 54.0% | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57.1% | 52.9% | 65.6% | 4 |
| 1980s | 48.2% | 41.3% | 64.9% | 10 |
| 1990s | 56.0% | 46.3% | 70.9% | 10 |
| 2000s | 55.8% | 48.4% | 71.4% | 10 |
| 2010s | 54.7% | 46.3% | 62.5% | 10 |
| 2020s | 50.8% | 42.7% | 55.5% | 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 travel services in Seychelles?
- Travel services in Seychelles was 54.0% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Seychelles?
- The highest recorded value was 71.4% in 2007.
- What is the lowest travel services recorded in Seychelles?
- The lowest recorded value was 41.3% in 1985.
- How does Seychelles rank for travel services?
- Seychelles ranks 57th out of 198 countries with data for 2024.
- Is travel services rising or falling in Seychelles?
- Over the last ten years it is up 13.3%. The long-run trend across the full record is flat.
- 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 Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.