Bank Deposits Statistics in Seychelles (2026)
The Seychelles recorded outstanding bank deposits of 44% of GDP in 2024, IMF Financial Access Survey data show. Up from 39.3% of GDP in 2023 to 44% of GDP in 2024 (+4.7 percentage points). Seychelles ranks #9 of 40 economies in Sub-Saharan Africa on this measure, and #107 of 172 globally.
Key Statistics
- Latest value (2024)
- 44% of GDP (2024)
- Bank Deposits in the Seychelles as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- +4.7 pp (2024)
- Up from 39.3% of GDP in 2023 to 44% of GDP in 2024 (+4.7 percentage points).
- Earliest value in this dataset (2004)
- 85.2% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 85.2% of GDP in 2004 to 44% of GDP in 2024.
- Peak value (2004)
- 85.2% of GDP (2004)
- Highest value in the available series; the 2024 value is 44% of GDP.
- Rank in Sub-Saharan Africa
- #9 of 40 (2024)
- The Seychelles ranks 9 of 40 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #107 of 172 (2024)
- The Seychelles ranks 107 of 172 countries with data globally.
- Sub-Saharan Africa average
- 39.2% of GDP (2024)
- The Seychelles (44% of GDP) is above the average of 39.2% of GDP across the 40 countries in Sub-Saharan Africa with data.
- Internet use in the Seychelles (2024)
- 87.8% (2024)
- 87.8% of the population in the Seychelles used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 121,354 (2024)
- The Seychelles had a population of 121,354 in 2024 (World Bank); shown for scale only.
Trend, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 44% | +4.7 pp |
| 2023 | 39.3% | +13.5 pp |
| 2022 | 25.8% | +18.5 pp |
| 2021 | 7.2% | +0.1 pp |
| 2020 | 7.1% | +0.9 pp |
| 2019 | 6.3% | +0.4 pp |
| 2018 | 5.8% | −51.7 pp |
| 2017 | 57.5% | −2.3 pp |
| 2016 | 59.8% | +1.0 pp |
| 2015 | 58.8% | −3.5 pp |
| 2014 | 62.3% | +9.8 pp |
| 2013 | 52.5% | +6.1 pp |
| 2012 | 46.4% | −8.8 pp |
| 2011 | 55.2% | −2.8 pp |
| 2010 | 58% | +6.8 pp |
| 2009 | 51.2% | −8.9 pp |
| 2008 | 60.1% | +0.2 pp |
| 2007 | 59.8% | −17.5 pp |
| 2006 | 77.3% | −3.4 pp |
| 2005 | 80.8% | −4.4 pp |
| 2004 | 85.2% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in the Seychelles?
Outstanding bank deposits in the Seychelles stood at 44% of GDP in 2024, according to IMF Financial Access Survey data.
How recent is the bank deposits data for the Seychelles?
The most recent observation is from 2024. IMF Financial Access Survey data is reported with a lag, so 2024 is the latest available year for the Seychelles.
Where does the bank deposits data for the Seychelles come from?
The data comes from the IMF Financial Access Survey (indicator OUTD_COMBANK.POGDP). The latest observation for the Seychelles is from 2024; the snapshot was retrieved on 2026-06-10.
How has bank deposits in the Seychelles changed over time?
IMF Financial Access Survey data show a decline from 85.2% of GDP in 2004 to 44% of GDP in 2024.
How does the Seychelles compare with other countries in Sub-Saharan Africa?
The Seychelles ranks 9 of 40 countries in Sub-Saharan Africa with data, with 44% of GDP versus a regional average of 39.2% of GDP (latest values per country).
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .