Volume of remittances (in United States dollars) as a proportion of in Seychelles
Seychelles: Volume of remittances (in United States dollars) as a proportion of was 0.6% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Seychelles, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Seychelles recorded 0.6% for volume of remittances (in united states dollars) as a proportion of in 2024.
The figure is up 5.6% on the previous year and down 49.3% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Seychelles peaked at 2.4% in 2011 and was at its lowest, 0.3%, in 2002.
Seychelles ranks 155th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) as a proportion of in Seychelles, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.5% | — |
| 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% | -15.4% |
| 2023 | 0.5% | -3.5% |
| 2024 | 0.6% | +5.6% |
Seychelles compared with similar countries
- Seychelles's 0.6% is below the median for high income countries, which is 0.7%, 75% of the median. (66 countries reporting)
- Seychelles's 0.6% is below the median for Sub-Saharan Africa, which is 2.9%, 19% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2009 | +487.1% | 0.3% | 1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 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)
- 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 volume of remittances (in united states dollars) as a proportion of in Seychelles?
- Volume of remittances (in united states dollars) as a proportion of in Seychelles was 0.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Seychelles?
- The highest recorded value was 2.4% in 2011.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Seychelles?
- The lowest recorded value was 0.3% in 2002.
- How does Seychelles rank for volume of remittances (in united states dollars) as a proportion of?
- Seychelles ranks 155th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Seychelles?
- Over the last ten years it is down 49.3%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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