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Seychelles Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

Seychelles's current account balance was -6.62% in 2025, ranked 152nd globally. This represents a 18.3% increase from 2024. Data from World Bank, covering 1976–2025.

-6.62% +1.48% (+18.3%)
Year 2025 Rank #152 Global Peak 6.06% (1994) Source World Bank

Seychelles Current Account Balance (1976–2025)

Overview

Seychelles's current account balance stood at -6.62% in 2025, a rise of +1.48% from 2024. The IMF projects -6.62% by 2025. Seychelles ranked 152nd globally.

Seychelles' current account balance has exhibited significant fluctuations over the past 50 years, with a marked decline in recent years. At -6.62, the latest figure ranks 152 globally and represents a stark reversal from the all-time peak of 6.06 in 1994, a year when tourism and fishing industries were thriving. Conversely, the island nation experienced its worst deficit in 2011, with a balance of -28.45, highlighting the risks associated with economic vulnerability. In comparison to its regional peers, Seychelles' current account balance lags behind that of Barbados, which posted a deficit of -6.28 in 2025. The country's economic trajectory has been shaped by its dependence on foreign aid and a volatile tourism sector, which has been impacted by the COVID-19 pandemic. A sustained recovery in the tourism industry and diversification of the economy would be essential in improving Seychelles' current account balance and reversing the current downward trend.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF -7.98% - -
2029* IMF -8.08% - -
2028* IMF -8.05% - -
2027* IMF -7.64% - -
2026* IMF -6.86% - -
2025* IMF -6.62% - -
2025 -6.62% +1.48% #152
2024 -8.11% −1.63% #33
2023 -7.07% +0.46% #41
2022 -7.02% +3.48% #56
2021 -10.77% +1.75% #31
2020 -12.53% −9.68% #26
2019 -2.84% −0.49% #78
2018 -2.34% −2.62% #105
2017 -2.20% +0.66% #93
2016 -2.61% +15.27% #104
2015 -17.88% +4.48% #10
2014 -22.37% −10.43% #7
2013 -11.90% +3.26% #26
2012 -14.81% +7.76% #24
2011 -28.45% −9.31% #7
Show all years (1976-2025)
* IMF World Economic Outlook projection

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 31.8% Rate 15.3% Gap -16.4pp Reserves YoY +198.5%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Seychelles matched the Orthodox Tightening Cycle pattern in 2009. Historically, 57% of countries showing this pattern (177 out of 311) saw current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Seychelles's current account balance?▾

Seychelles's current account balance was -6.62% in 2025. Ranked 152nd globally. This represents a 18.3% increase from the previous year.

What was the highest current account balance in Seychelles?▾

Seychelles's current account balance peaked at 6.06% in 1994.

What was the lowest current account balance in Seychelles?▾

The lowest current account balance in Seychelles was -28.45% in 2011.

How does Seychelles rank in current account balance?▾

Seychelles ranks 152nd globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?▾

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of Seychelles in 2025?▾

Seychelles's current account balance is projected to reach -6.62% by 2025 based on IMF projection.

What is the current account balance of Seychelles in 2025?▾

The current account balance of Seychelles in 2025 was -6.62%. This ranks 152nd in the world.

Cite this page

APA
Seychelles Current Account Balance. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/seychelles/current-account/
BibTeX
@misc{historysaid_seychelles_current-account, title = {Seychelles Current Account Balance}, url = {https://historysaid.com/seychelles/current-account/}, publisher = {HistorySaid}, year = {2026} }
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