Migrant remittance outflows in Seychelles

Seychelles: Migrant remittance outflows was 20.49 million current US$ in 2011. ◆ Volatile

Latest (2011)
20.49 million current US$
Change on year
down 0.4%
World rank
32nd
of 49 countries
All-time high
21.19 million current US$
in 2009
All-time low
57,898 current US$
in 1993
Years of data
23
1989–2011

Migrant remittance outflows in Seychelles, 1989–2011

05.0M10.0M15.0M20.0M1989200020111989: 9.2M current US$1990: 9.8M current US$1991: 9.6M current US$1992: 13.3M current US$1993: 57.9k current US$1994: 79.1k current US$1995: 273.0k current US$1996: 362.2k current US$1997: 358.1k current US$1998: 479.8k current US$1999: 275.7k current US$2000: 10.1M current US$2001: 5.6M current US$2002: 4.9M current US$2003: 7.3M current US$2004: 7.9M current US$2005: 10.0M current US$2006: 17.3M current US$2007: 9.4M current US$2008: 12.4M current US$2009: 21.2M current US$2010: 20.6M current US$2011: 20.5M current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 29 Niger 25.20 million current US$ compare
  2. 30 Madagascar 21.21 million current US$ compare
  3. 31 Sierra Leone 20.61 million current US$ compare
  4. 33 Guinea-Bissau 19.65 million current US$ compare
  5. 34 Ethiopia 19.08 million current US$ compare
  6. 35 Tunisia 19.04 million current US$ compare

See the full ranking of 55 places →

More trade data for Seychelles

All data for Seychelles →

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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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Migrant remittance outflows (current US$)
Unit
current US$
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 1,636 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,