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Seychelles Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Seychelles's remittances received was $12.5M in 2025, ranked 177th globally. This represents a 4.7% increase from 2024. Data from World Bank, covering 1989–2025.

$12.5M +$559,841 (+4.7%)
Year 2025 Rank #177 Global Peak $25.3M (2011) Source World Bank

Seychelles Remittances Received (1989–2025)

Overview

Seychelles's remittances received stood at $12.5M in 2025, a rise of +$559,841 from 2024. Based on recent trends, this figure is projected to reach $12.5M by 2025. Seychelles ranked 177th globally.

Seychelles' remittances received have experienced significant fluctuations over the past 37 years, with the all-time peak of $25,261,929.15 in 2011 and an all-time trough of $114,020.93 in 1998. Despite these variations, the country's remittance inflows have consistently ranked among the top 200 globally. In 2025, Seychelles ranked 177 globally, with remittances received totaling $12,505,458.86. This value is slightly lower than its peer, Kiribati, which ranked 24 with $15,862,367.90 in remittances received. The growth in remittances received has been largely driven by Seychelles' strategic location and its growing diaspora community. However, the trend may be impacted by global economic shifts, particularly if there is a decline in international migration or changes in global remittance flows. A significant increase in foreign investment or economic growth in Seychelles could also alter the trajectory of remittances received.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $13.7M - -
2026* trend $13.1M - -
2025* trend $12.5M - -
2025 $12.5M +$559,841 #177
2024 $11.9M +$528,728 #6
2023 $11.4M +$498,800 #6
2022 $10.9M +$1.4M #5
2021 $9.5M −$467,442 #6
2020 $10.0M −$13.7M #9
2019 $23.6M +$934,525 #13
2018 $22.7M +$1.1M #14
2017 $21.7M −$425,775 #13
2016 $22.1M +$3.7M #15
2015 $18.4M +$3.3M #10
2014 $15.1M +$2.2M #11
2013 $12.9M −$4.8M #9
2012 $17.7M −$7.6M #12
2011 $25.3M +$7.9M #21
Show all years (1989-2025)
* Linear trend extrapolation

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 remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Seychelles's remittances received?▾

Seychelles's remittances received was $12.5M in 2025. Ranked 177th globally. This represents a 4.7% increase from the previous year.

What was the highest remittances received in Seychelles?▾

Seychelles's remittances received peaked at $25.3M in 2011.

What was the lowest remittances received in Seychelles?▾

The lowest remittances received in Seychelles was $114,021 in 1998.

How does Seychelles rank in remittances received?▾

Seychelles ranks 177th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Seychelles in 2025?▾

Seychelles's remittances received is projected to reach $12.5M by 2025 based on trend extrapolation.

What is Seychelles's remittances received in million?▾

Seychelles's remittances received was approximately 12.51 million ($12.5M) in 2025.

What is the remittances received of Seychelles in 2025?▾

The remittances received of Seychelles in 2025 was $12.5M. This ranks 177th in the world.

Cite this page

APA
Seychelles Remittances Received. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/seychelles/remittances/
BibTeX
@misc{historysaid_seychelles_remittances, title = {Seychelles Remittances Received}, url = {https://historysaid.com/seychelles/remittances/}, publisher = {HistorySaid}, year = {2026} }
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