Workers' remittances, payments in Seychelles

Seychelles: Workers' remittances, payments was 17.56 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
17.56 million BoP, current US$
Change on year
unchanged
World rank
27th
of 34 countries
All-time high
17.56 million BoP, current US$
in 2010
All-time low
3.99 million BoP, current US$
in 2005
Years of data
7
2005–2011

Workers' remittances, payments in Seychelles, 2005–2011

5.0M10.0M15.0M20.0M2005200820112005: 4.0M BoP, current US$2006: 9.7M BoP, current US$2007: 4.1M BoP, current US$2008: 5.3M BoP, current US$2009: 12.6M BoP, current US$2010: 17.6M BoP, current US$2011: 17.6M BoP, current US$

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

Analysis

The most recent figure for workers' remittances, payments in Seychelles is 17.56 million BoP, current US$, measured in 2011. That is the highest value across all 7 years on record.

Compared with earlier readings it is up 339.6% over ten years.

That places Seychelles 27th out of 34 countries with data for 2011, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.16 million BoP, current US$ 3.99 million BoP, current US$ 12.63 million BoP, current US$ 5
2010s 17.56 million BoP, current US$ 17.56 million BoP, current US$ 17.56 million BoP, current US$ 2

Countries ranked near Seychelles

  1. 24 Guinea-Bissau 19.41 million BoP, current US$ compare
  2. 25 Ethiopia 19.08 million BoP, current US$ compare
  3. 26 Sierra Leone 18.44 million BoP, current US$ compare
  4. 28 Tunisia 13.07 million BoP, current US$ compare
  5. 29 Djibouti 12.86 million BoP, current US$ compare
  6. 30 Malawi 10.53 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Seychelles

All data for Seychelles →

Frequently asked questions

What is workers' remittances, payments in Seychelles?
Workers' remittances, payments in Seychelles was 17.56 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, payments recorded in Seychelles?
The highest recorded value was 17.56 million BoP, current US$ in 2010.
What is the lowest workers' remittances, payments recorded in Seychelles?
The lowest recorded value was 3.99 million BoP, current US$ in 2005.
How does Seychelles rank for workers' remittances, payments?
Seychelles ranks 27th out of 34 countries with data for 2011.
Is workers' remittances, payments rising or falling in Seychelles?
Over the last ten years it is up 339.6%. 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, payments (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, payments (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
35 places, 232 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. This item shows payments by the reporting country. Data are in current U.S. dollars.