Bank Interest Rate Spread Statistics in Seychelles (2026)
According to World Bank World Development Indicators data, the bank interest rate spread in the Seychelles came to 7.4 percentage points in 2024. Down from 7.6 percentage points in 2023 to 7.4 percentage points in 2024 (−0.2 percentage points). Seychelles ranks #14 of 25 economies in Sub-Saharan Africa on this measure, and #76 of 105 globally.
Key Statistics
- Latest value (2024)
- 7.4 percentage points (2024)
- Bank Interest Rate Spread in the Seychelles as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.2 pp (2024)
- Down from 7.6 percentage points in 2023 to 7.4 percentage points in 2024 (−0.2 percentage points).
- Earliest value in this dataset (1990)
- 6.1 percentage points (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 6.1 percentage points in 1990 to 7.4 percentage points in 2024.
- Peak value (2010)
- 9.8 percentage points (2010)
- Highest value in the available series; the 2024 value is 7.4 percentage points.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #14 of 25 (2024)
- The Seychelles ranks 14 of 25 countries in Sub-Saharan Africa with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #76 of 105 (2024)
- The Seychelles ranks 76 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 11.3 percentage points (2024)
- The Seychelles (7.4 percentage points) is below the average of 11.3 percentage points across the 25 countries in Sub-Saharan Africa with data.
- Lending interest rate (%) (2024)
- 9.8% (2024)
- Related indicator from World Bank World Development Indicators.
- Deposit interest rate (%) (2024)
- 2.4% (2024)
- Related indicator from World Bank World Development Indicators.
- 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, 1990–2024
| Year | percentage points | Change |
|---|---|---|
| 2024 | 7.4 | −2.7% |
| 2023 | 7.6 | +2.6% |
| 2022 | 7.4 | +16.7% |
| 2021 | 6.4 | −21.8% |
| 2020 | 8.1 | −9.8% |
| 2019 | 9 | +0.0% |
| 2018 | 9 | +4.4% |
| 2017 | 8.6 | −2.7% |
| 2016 | 8.9 | −3.6% |
| 2015 | 9.2 | −1.3% |
| 2014 | 9.3 | +5.2% |
| 2013 | 8.9 | −0.4% |
| 2012 | 8.9 | −2.3% |
| 2011 | 9.1 | −7.5% |
| 2010 | 9.8 | +76.4% |
| 2009 | 5.6 | −28.8% |
| 2008 | 7.8 | +0.2% |
| 2007 | 7.8 | +3.0% |
| 2006 | 7.6 | +25.5% |
| 2005 | 6 | −6.2% |
| 2004 | 6.4 | −2.7% |
| 2003 | 6.6 | +17.2% |
| 2002 | 5.7 | −0.9% |
| 2001 | 5.7 | −4.4% |
| 2000 | 6 | −1.1% |
| 1999 | 6 | −10.8% |
| 1998 | 6.8 | +19.1% |
| 1997 | 5.7 | −9.9% |
| 1996 | 6.3 | −3.5% |
| 1995 | 6.5 | −4.8% |
| 1994 | 6.9 | +8.2% |
| 1993 | 6.3 | +5.7% |
| 1992 | 6 | −1.1% |
| 1991 | 6.1 | −0.4% |
| 1990 | 6.1 | — |
Frequently asked questions
What is the latest figure for bank interest rate spread in the Seychelles?
The bank interest rate spread in the Seychelles stood at 7.4 percentage points in 2024, according to World Bank World Development Indicators data.
How does the Seychelles compare with other countries in Sub-Saharan Africa?
The Seychelles ranks 14 of 25 countries in Sub-Saharan Africa with data (ranked ascending; lower is better), with 7.4 percentage points versus a regional average of 11.3 percentage points (latest values per country).
Where does the Seychelles rank globally on bank interest rate spread?
The Seychelles ranks 76 of 105 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did bank interest rate spread in the Seychelles peak?
The highest value in the available series was 9.8 percentage points in 2010; the latest (2024) value is 7.4 percentage points.
How recent is the bank interest rate spread data for the Seychelles?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for the Seychelles.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LNDP, 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 .