Seychelles Poverty Rate
Poverty headcount ratio at $2.15/day SI.POV.DDAY
Seychelles's poverty rate was 0.70% in 2018, ranked 39th globally. This represents a 56.3% decrease from 2017. Data from World Bank, covering 1999–2018.
Overview
Seychelles's poverty rate stood at 0.70% in 2018, a decline of +0.90pp from 2013. Seychelles ranked 39th globally.
Seychelles has demonstrated significant progress in reducing its poverty rate over the past two decades. Starting from a peak of 1.80% in 1999, the country experienced a notable decline, reaching an all-time low of 0.60% in 2006. However, the poverty rate began to rise, reaching 0.70% in 2018, a level comparable to that of Israel in the same year. This recent increase may be attributed to various factors such as a slowdown in economic growth or rising income inequality. The country's economic development and social policies have undoubtedly contributed to the decline in poverty rates, with the government implementing initiatives to improve access to education and job opportunities. A sustained commitment to these efforts, coupled with continued economic growth, is likely to maintain the downward trend in poverty rates, potentially driving the country towards even lower levels of poverty in the coming years.
Data & projection
| Year | Poverty Rate | YoY change | Rank |
|---|---|---|---|
| 2018 | 0.70% | −0.90pp | #39 |
| 2013 | 1.60% | +1.00pp | #47 |
| 2006 | 0.60% | −1.20pp | #30 |
| 1999 | 1.80% | – | #16 |
Detected Pattern
Analysis
Seychelles matched the Orthodox Tightening Cycle pattern in 2009. Historically, 57% of countries showing this pattern (177 out of 311) saw poverty rate improve within 24 months. View full analysis →
Frequently Asked Questions
Seychelles's poverty rate was 0.70% in 2018. Ranked 39th globally. This represents a 56.3% decrease from the previous year.
Seychelles's poverty rate peaked at 1.80% in 1999.
The lowest poverty rate in Seychelles was 0.60% in 2006.
Seychelles ranks 39th globally in poverty rate as of 2018.
The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.
The poverty rate of Seychelles in 2018 was 0.70%. This ranks 39th in the world.
Cite this page
@misc{historysaid_seychelles_poverty-rate,
title = {Seychelles Poverty Rate},
url = {https://historysaid.com/seychelles/poverty-rate/},
publisher = {HistorySaid},
year = {2026}
}