Seychelles Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Seychelles's interest payments to revenue was 14.08% in 2008, ranked 105th globally. This represents a 26.5% decrease from 2007. Data from World Bank, covering 1985–2008.
Overview
Seychelles's interest payments to revenue stood at 14.08% in 2008, a decline of +5.08pp from 2007. Seychelles ranked 105th globally.
Seychelles has historically struggled with managing its interest payments relative to revenue, a trend that is exacerbated by its high debt-to-GDP ratio. The country's all-time peak interest payments to revenue ratio of 22.76% in 1995 remains a stark reminder of the challenges it faces. Conversely, the all-time trough of 6.41% in 1986 represents a more favorable position, albeit a short-lived one. As of 2008, Seychelles' interest payments to revenue ratio stood at 14.08%, ranking 105th globally. While this figure is higher than that of peer countries such as Mauritius (13.71%), it is lower than other nations including Barbados (15.06%). The persistence of this issue poses significant risks to Seychelles' fiscal sustainability and underscores the need for prudent debt management. A decline in global interest rates or a reduction in the country's debt burden could alleviate some of the pressure, thereby improving its interest payments to revenue ratio.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2008 | 14.08% | −5.08pp | #105 |
| 2007 | 19.16% | +1.77pp | #102 |
| 2006 | 17.39% | +5.05pp | #99 |
| 2005 | 12.33% | −6.30pp | #84 |
| 2000 | 18.63% | −1.45pp | #72 |
| 1999 | 20.08% | −1.17pp | #79 |
| 1998 | 21.25% | −1.04pp | #79 |
| 1997 | 22.29% | −0.03pp | #74 |
| 1996 | 22.32% | −0.44pp | #73 |
| 1995 | 22.76% | +4.30pp | #74 |
| 1994 | 18.46% | +2.53pp | #61 |
| 1993 | 15.93% | +1.03pp | #56 |
| 1989 | 14.90% | −2.17pp | #35 |
| 1988 | 17.07% | +0.63pp | #37 |
| 1987 | 16.44% | +10.03pp | #33 |
Detected Pattern
Analysis
Seychelles matched the Orthodox Tightening Cycle pattern in 2009. Historically, 57% of countries showing this pattern (177 out of 311) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Seychelles's interest payments to revenue was 14.08% in 2008. Ranked 105th globally. This represents a 26.5% decrease from the previous year.
Seychelles's interest payments to revenue peaked at 22.76% in 1995.
The lowest interest payments to revenue in Seychelles was 6.41% in 1986.
Seychelles ranks 105th globally in interest payments to revenue as of 2008.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
The interest payments to revenue of Seychelles in 2008 was 14.08%. This ranks 105th in the world.
Cite this page
@misc{historysaid_seychelles_interest-to-revenue,
title = {Seychelles Interest Payments to Revenue},
url = {https://historysaid.com/seychelles/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}