Current Account Balance: Seychelles
Seychelles's current account balance is currently -6.9 % of GDP as of 2026. # Seychelles Current Account Balance Seychelles recorded a current account deficit of 6.
Current (2026)
-6.9 % of GDP
-4.5% y/y
Peak (1994)
6.5 % of GDP
Low (1982)
-27.5 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Seychelles
1980 — 2026
Current Account Balance — Seychelles
Analysis# Seychelles Current Account Balance
Seychelles recorded a current account deficit of 6.9% of GDP in 2026, reflecting persistent external imbalances in this island economy. The country peaked at a 6.5% surplus in 1994 but has since shifted toward chronic deficits. From its all-time low of -27.5% in 1982, the overall trajectory since 1980 shows a 34.9% improvement, though recent years remain firmly in negative territory.
The 2020 shock—when the deficit spiked to -12.5% amid pandemic disruptions—marked a critical turning point. Since then, Seychelles has gradually recovered, with deficits narrowing from -10.5% in 2021 to the projected -6.9% in 2026. This stabilization suggests structural adjustments are taking hold, though the economy continues to rely on external financing to cover its current account gap.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -8 % of GDP | +1.23% |
| 2029 | -8.1 % of GDP | -1.25% |
| 2028 | -8 % of GDP | -5.26% |
| 2027 | -7.6 % of GDP | -10.14% |
| 2026 | -6.9 % of GDP | -4.55% |
| 2025 | -6.6 % of GDP | +18.52% |
| 2024 | -8.1 % of GDP | -24.62% |
| 2023 | -6.5 % of GDP | +13.33% |
| 2022 | -7.5 % of GDP | +28.57% |
| 2021 | -10.5 % of GDP | +16.00% |
| 2020 | -12.5 % of GDP | -346.43% |
| 2019 | -2.8 % of GDP | -16.67% |
| 2018 | -2.4 % of GDP | -900.00% |
| 2017 | 0.3 % of GDP | +110.34% |
| 2016 | -2.9 % of GDP | +83.80% |
| 2015 | -17.9 % of GDP | +20.09% |
| 2014 | -22.4 % of GDP | -88.24% |
| 2013 | -11.9 % of GDP | +21.71% |
| 2012 | -15.2 % of GDP | +32.74% |
| 2011 | -22.6 % of GDP | -18.32% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -19.1 % of GDP | -29.05% |
| 2009 | -14.8 % of GDP | +20.00% |
| 2008 | -18.5 % of GDP | -71.30% |
| 2007 | -10.8 % of GDP | +18.18% |
| 2006 | -13.2 % of GDP | +30.16% |
| 2005 | -18.9 % of GDP | -162.50% |
| 2004 | -7.2 % of GDP | -453.85% |
| 2003 | -1.3 % of GDP | +91.03% |
| 2002 | -14.5 % of GDP | +41.06% |
| 2001 | -24.6 % of GDP | -251.43% |
| 2000 | -7 % of GDP | +62.57% |
| 1999 | -18.7 % of GDP | -6.86% |
| 1998 | -17.5 % of GDP | -49.57% |
| 1997 | -11.7 % of GDP | -12.50% |
| 1996 | -10.4 % of GDP | -3566.67% |
| 1995 | 0.3 % of GDP | -95.38% |
| 1994 | 6.5 % of GDP | +261.11% |
| 1993 | 1.8 % of GDP | +212.50% |
| 1992 | -1.6 % of GDP | +27.27% |
| 1991 | -2.2 % of GDP | +37.14% |
| 1990 | -3.5 % of GDP | +73.08% |
| 1989 | -13 % of GDP | -30.00% |
| 1988 | -10 % of GDP | -17.65% |
| 1987 | -8.5 % of GDP | +46.88% |
| 1986 | -16 % of GDP | -40.35% |
| 1985 | -11.4 % of GDP | -29.55% |
| 1984 | -8.8 % of GDP | +50.56% |
| 1983 | -17.8 % of GDP | +35.27% |
| 1982 | -27.5 % of GDP | -125.41% |
| 1981 | -12.2 % of GDP | -15.09% |
| 1980 | -10.6 % of GDP | — |
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