Workers' remittances, net in Seychelles

Seychelles: Workers' remittances, net was 7.03 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
7.03 million BoP, current US$
Change on year
up 755.8%
World rank
26th
of 39 countries
All-time high
7.92 million BoP, current US$
in 2005
All-time low
-3.07 million BoP, current US$
in 2008
Years of data
7
2005–2011

Workers' remittances, net in Seychelles, 2005–2011

-2.5M02.5M5.0M7.5M2005200820112005: 7.9M BoP, current US$2006: 3.3M BoP, current US$2007: -137.4k BoP, current US$2008: -3.1M BoP, current US$2009: 2.7M BoP, current US$2010: -1.1M BoP, current US$2011: 7.0M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

Seychelles recorded 7.03 million BoP, current US$ for workers' remittances, net in 2011.

The figure is up 755.8% on the previous year and down 11.3% over ten years.

Seychelles ranks 26th of 39 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.14 million BoP, current US$ -3.07 million BoP, current US$ 7.92 million BoP, current US$ 5
2010s 2.98 million BoP, current US$ -1.07 million BoP, current US$ 7.03 million BoP, current US$ 2

Countries ranked near Seychelles

  1. 23 Guinea-Bissau 24.50 million BoP, current US$ compare
  2. 24 Tanzania 18.67 million BoP, current US$ compare
  3. 25 Burkina Faso 11.33 million BoP, current US$ compare
  4. 27 Sao Tome and Principe 6.88 million BoP, current US$ compare
  5. 28 Lesotho 6.43 million BoP, current US$ compare
  6. 29 Malawi 5.58 million BoP, current US$ compare

See the full ranking of 39 places →

More trade data for Seychelles

All data for Seychelles →

Frequently asked questions

What is workers' remittances, net in Seychelles?
Workers' remittances, net in Seychelles was 7.03 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest workers' remittances, net recorded in Seychelles?
The highest recorded value was 7.92 million BoP, current US$ in 2005.
What is the lowest workers' remittances, net recorded in Seychelles?
The lowest recorded value was -3.07 million BoP, current US$ in 2008.
How does Seychelles rank for workers' remittances, net?
Seychelles ranks 26th out of 39 countries with data for 2011.
Is workers' remittances, net rising or falling in Seychelles?
Over the last ten years it is down 11.3%. The long-run trend across the full record is volatile.
Where does this Seychelles data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, net (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
39 places, 262 data points, 2005–2011
Last refreshed

Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.