Interest payments in Seychelles
Seychelles: Interest payments was 19.7% in 2008. ▲ Rising
Interest payments in Seychelles, 1985–2008
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2008, interest payments in Seychelles stood at 19.7%.
That represents a change of up 3.8% on the previous year and up 0.5% over ten years.
Over the whole period, interest payments in Seychelles peaked at 21.5% in 1995 and was at its lowest, 6.7%, in 1986.
That places Seychelles 13th out of 152 countries with data for 2008, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Interest payments in Seychelles, year by year
| Year | % of expense | Change |
|---|---|---|
| 1985 | 9.9% | — |
| 1986 | 6.7% | -31.6% |
| 1987 | 18.8% | +178.4% |
| 1988 | 20.0% | +6.8% |
| 1989 | 18.1% | -9.7% |
| 1993 | 17.6% | -2.6% |
| 1994 | 19.7% | +12.0% |
| 1995 | 21.5% | +9.0% |
| 1996 | 19.8% | -8.2% |
| 1997 | 19.9% | +0.7% |
| 1998 | 19.6% | -1.6% |
| 1999 | 20.5% | +4.9% |
| 2000 | 17.3% | -15.6% |
| 2005 | 16.9% | -2.6% |
| 2006 | 21.4% | +26.7% |
| 2007 | 19.0% | -11.4% |
| 2008 | 19.7% | +3.8% |
Seychelles compared with similar countries
- Seychelles's 19.7% is above the median for high income countries, which is 3.3%, 6.0× the median. (54 countries reporting)
- Seychelles's 19.7% is above the median for Sub-Saharan Africa, which is 11.3%, 1.7× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Interest payments 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 |
|---|---|---|---|
| 1987 | +178.4% | 6.7% | 18.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 14.7% | 6.7% | 20.0% | 5 |
| 1990s | 19.8% | 17.6% | 21.5% | 7 |
| 2000s | 18.9% | 16.9% | 21.4% | 5 |
Countries ranked near Seychelles
More public sector data for Seychelles
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Seychelles?
- Interest payments in Seychelles was 19.7% in 2008, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Seychelles?
- The highest recorded value was 21.5% in 1995.
- What is the lowest interest payments recorded in Seychelles?
- The lowest recorded value was 6.7% in 1986.
- How does Seychelles rank for interest payments?
- Seychelles ranks 13th out of 152 countries with data for 2008.
- Is interest payments rising or falling in Seychelles?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.