External borrowing, net in Seychelles
Seychelles: External borrowing, net was -111.93 million current LCU in 2010. ◆ Volatile
External borrowing, net in Seychelles, 1981–2010
Source: World Bank country economists. Measured in current LCU.
Analysis
Seychelles recorded -111.93 million current LCU for external borrowing, net in 2010.
Compared with earlier readings it is up 41.8% on the previous year and down 410.9% over ten years.
Over the whole period, external borrowing, net in Seychelles peaked at 602.56 million current LCU in 2006 and was at its lowest, -214.30 million current LCU, in 1999.
Seychelles ranks 42nd of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Seychelles, year by year
| Year | current LCU | Change |
|---|---|---|
| 1981 | 45.40 million current LCU | — |
| 1982 | 124.30 million current LCU | +173.8% |
| 1983 | 53.00 million current LCU | -57.4% |
| 1984 | 38.70 million current LCU | -27.0% |
| 1985 | 75.10 million current LCU | +94.1% |
| 1986 | 119.10 million current LCU | +58.6% |
| 1987 | 17.80 million current LCU | -85.1% |
| 1988 | -44.10 million current LCU | -347.8% |
| 1989 | 32.50 million current LCU | -173.7% |
| 1990 | -35.80 million current LCU | -210.2% |
| 1991 | 61.00 million current LCU | -270.4% |
| 1992 | -33.00 million current LCU | -154.1% |
| 1993 | 22.70 million current LCU | -168.8% |
| 1994 | -37.40 million current LCU | -264.8% |
| 1995 | -44.75 million current LCU | +19.7% |
| 1996 | 44.48 million current LCU | -199.4% |
| 1997 | 101,650 current LCU | -99.8% |
| 1998 | 100.00 million current LCU | +98277.8% |
| 1999 | -214.30 million current LCU | -314.3% |
| 2000 | 36.00 million current LCU | -116.8% |
| 2001 | -8.93 million current LCU | -124.8% |
| 2002 | -163.70 million current LCU | +1732.1% |
| 2003 | 12.60 million current LCU | -107.7% |
| 2004 | -10.84 million current LCU | -186.0% |
| 2005 | 38.70 million current LCU | -457.0% |
| 2006 | 602.56 million current LCU | +1456.9% |
| 2007 | -156.88 million current LCU | -126.0% |
| 2008 | -184.52 million current LCU | +17.6% |
| 2009 | -192.25 million current LCU | +4.2% |
| 2010 | -111.93 million current LCU | -41.8% |
Seychelles compared with similar countries
- Seychelles's -111.93 million current LCU is below the median for Sub-Saharan Africa, which is 9.40 billion current LCU. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +98277.8% | 101,650 current LCU | 100.00 million current LCU |
| 2002 | -1732.1% | -8.93 million current LCU | -163.70 million current LCU |
| 2006 | +1456.9% | 38.70 million current LCU | 602.56 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 51.31 million current LCU | -44.10 million current LCU | 124.30 million current LCU | 9 |
| 1990s | -13.70 million current LCU | -214.30 million current LCU | 100.00 million current LCU | 10 |
| 2000s | -2.73 million current LCU | -192.25 million current LCU | 602.56 million current LCU | 10 |
| 2010s | -111.93 million current LCU | -111.93 million current LCU | -111.93 million current LCU | 1 |
Countries ranked near Seychelles
More science & technology data for Seychelles
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 125.62 (2024)
- Mobile cellular subscriptions by country, per capita 1.35 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0001 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 163,827 (2024)
- Mobile cellular subscriptions by country, per square kilometre 359.5 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -2.81 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate -0.9325 % change on previous year (2024)
- Scientific and technical journal articles 15.17 (2023)
- Scientific and technical journal articles, per capita 0.0001 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Seychelles?
- External borrowing, net in Seychelles was -111.93 million current LCU in 2010, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Seychelles?
- The highest recorded value was 602.56 million current LCU in 2006.
- What is the lowest external borrowing, net recorded in Seychelles?
- The lowest recorded value was -214.30 million current LCU in 1999.
- How does Seychelles rank for external borrowing, net?
- Seychelles ranks 42nd out of 50 countries with data for 2010.
- Is external borrowing, net rising or falling in Seychelles?
- Over the last ten years it is down 410.9%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.