Nonperforming Loans Statistics in Seychelles (2026)

The Seychelles recorded bank nonperforming loans of 5.5% of total gross loans in 2021, World Bank World Development Indicators data show. Up from 3.3% in 2020 to 5.5% in 2021 (+2.2 percentage points). Seychelles ranks #12 of 29 economies in Sub-Saharan Africa on this measure, and #99 of 144 globally.

Latest value (2021)
5.5% (2021)
Nonperforming Loans in the Seychelles as of 2021, the most recent observation in World Bank World Development Indicators data.
Change since 2020
+2.2 pp (2021)
Up from 3.3% in 2020 to 5.5% in 2021 (+2.2 percentage points).
Earliest value in this dataset (2006)
4.4% (2006)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 4.4% in 2006 to 5.5% in 2021.
Peak value (2013)
9.2% (2013)
Highest value in the available series; the 2021 value is 5.5%.
Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
#12 of 29 (2021)
The Seychelles ranks 12 of 29 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)
#99 of 144 (2021)
The Seychelles ranks 99 of 144 countries with data globally. Ranked ascending because lower values are better for this metric.
Sub-Saharan Africa average
9.7% (2021)
The Seychelles (5.5%) is below the average of 9.7% across the 29 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.
Nonperforming Loans in Seychelles by year (% of total gross loans)
Year % of total gross loans Change
2021 5.5%+2.2 pp
2020 3.3%+0.6 pp
2019 2.7%−0.7 pp
2018 3.4%−2.9 pp
2017 6.4%−0.4 pp
2016 6.8%−0.8 pp
2015 7.6%−0.4 pp
2014 8%−1.2 pp
2013 9.2%+0.2 pp
2012 9%+0.9 pp
2011 8.1%+2.7 pp
2010 5.5%+1.7 pp
2009 3.8%+1.7 pp
2008 2%−0.3 pp
2007 2.3%−2.0 pp
2006 4.4%
Nonperforming Loans in Seychelles, 2006–2021Line chart of 16 observations from 2006 to 2021. Values range from 2% to 9.2%; the series starts at 4.4% in 2006 and ends at 5.5% in 2021.2%4%6%8%10%20062010201520214.4%5.5%
Fig. 1 — Nonperforming Loans in Seychelles, 2006–2021

Frequently asked questions

What is the latest figure for bank nonperforming loans in the Seychelles?

Bank nonperforming loans in the Seychelles stood at 5.5% of total gross loans in 2021, according to World Bank World Development Indicators data.

How has nonperforming loans in the Seychelles changed over time?

World Bank World Development Indicators data show a rise from 4.4% in 2006 to 5.5% in 2021.

How does the Seychelles compare with other countries in Sub-Saharan Africa?

The Seychelles ranks 12 of 29 countries in Sub-Saharan Africa with data (ranked ascending; lower is better), with 5.5% versus a regional average of 9.7% (latest values per country).

Where does the Seychelles rank globally on nonperforming loans?

The Seychelles ranks 99 of 144 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.

Source: World Bank, World Development Indicators, indicator FB.AST.NPER.ZS, 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 .