Migrant remittance outflows in Seychelles
Seychelles: Migrant remittance outflows was 20.49 million current US$ in 2011. ◆ Volatile
Migrant remittance outflows in Seychelles, 1989–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance outflows in Seychelles stood at 20.49 million current US$.
The figure is down 0.4% on the previous year and up 265.3% over ten years.
Over the whole period, migrant remittance outflows in Seychelles peaked at 21.19 million current US$ in 2009 and was at its lowest, 57,898 current US$, in 1993.
That places Seychelles 32nd out of 49 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Migrant remittance outflows in Seychelles, year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | 9.24 million current US$ | — |
| 1990 | 9.79 million current US$ | +6.0% |
| 1991 | 9.56 million current US$ | -2.4% |
| 1992 | 13.29 million current US$ | +39.1% |
| 1993 | 57,898 current US$ | -99.6% |
| 1994 | 79,116 current US$ | +36.6% |
| 1995 | 272,996 current US$ | +245.1% |
| 1996 | 362,174 current US$ | +32.7% |
| 1997 | 358,113 current US$ | -1.1% |
| 1998 | 479,838 current US$ | +34.0% |
| 1999 | 275,709 current US$ | -42.5% |
| 2000 | 10.10 million current US$ | +3564.9% |
| 2001 | 5.61 million current US$ | -44.5% |
| 2002 | 4.89 million current US$ | -12.7% |
| 2003 | 7.31 million current US$ | +49.4% |
| 2004 | 7.93 million current US$ | +8.4% |
| 2005 | 9.96 million current US$ | +25.6% |
| 2006 | 17.33 million current US$ | +74.0% |
| 2007 | 9.36 million current US$ | -46.0% |
| 2008 | 12.36 million current US$ | +32.1% |
| 2009 | 21.19 million current US$ | +71.4% |
| 2010 | 20.58 million current US$ | -2.9% |
| 2011 | 20.49 million current US$ | -0.4% |
Seychelles compared with similar countries
- Seychelles's 20.49 million current US$ is below the median for Sub-Saharan Africa, which is 30.76 million current US$, 67% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Migrant remittance outflows in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +3564.9% | 275,709 current US$ | 10.10 million current US$ |
| 1995 | +245.1% | 79,116 current US$ | 272,996 current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.24 million current US$ | 9.24 million current US$ | 9.24 million current US$ | 1 |
| 1990s | 3.45 million current US$ | 57,898 current US$ | 13.29 million current US$ | 10 |
| 2000s | 10.60 million current US$ | 4.89 million current US$ | 21.19 million current US$ | 10 |
| 2010s | 20.53 million current US$ | 20.49 million current US$ | 20.58 million current US$ | 2 |
Countries ranked near Seychelles
- 29 Niger 25.20 million current US$ compare
- 30 Madagascar 21.21 million current US$ compare
- 31 Sierra Leone 20.61 million current US$ compare
- 33 Guinea-Bissau 19.65 million current US$ compare
- 34 Ethiopia 19.08 million current US$ compare
- 35 Tunisia 19.04 million current US$ compare
More trade data for Seychelles
- Commodity Net Export Price Index, Individual Commodities Weighted by 133.15 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 110.63 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 105.29 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 146.33 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 95.18 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.21 (2025)
- Imports of low carbon technology products, Percent of GDP 3.54 (2024)
- Imports of low carbon technology products, US dollar (World), per 635.7 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0346 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 1.71 million (2024)
Frequently asked questions
- What is migrant remittance outflows in Seychelles?
- Migrant remittance outflows in Seychelles was 20.49 million current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
- What is the highest migrant remittance outflows recorded in Seychelles?
- The highest recorded value was 21.19 million current US$ in 2009.
- What is the lowest migrant remittance outflows recorded in Seychelles?
- The lowest recorded value was 57,898 current US$ in 1993.
- How does Seychelles rank for migrant remittance outflows?
- Seychelles ranks 32nd out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Seychelles?
- Over the last ten years it is up 265.3%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance outflows (current US$). Statizoid updates them automatically from the source API.
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,