Net acquisition of financial assets (current LCU) in Seychelles
Seychelles: Net acquisition of financial assets (current LCU) was 555.07 million current LCU in 2008. ◆ Volatile
Net acquisition of financial assets in Seychelles, 1993–2008
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Seychelles recorded 555.07 million current LCU for net acquisition of financial assets in 2008. That is the highest value across all 11 years on record.
The figure is up 1,084.9% on the previous year and up 114.6% over ten years.
Over the whole period, net acquisition of financial assets in Seychelles peaked at 555.07 million current LCU in 2008 and was at its lowest, -695.70 million current LCU, in 1997.
That places Seychelles 77th out of 134 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets (current LCU) in Seychelles, year by year
| Year | current LCU | Change |
|---|---|---|
| 1993 | 48.50 million current LCU | — |
| 1994 | 264.50 million current LCU | +445.4% |
| 1995 | -231.40 million current LCU | -187.5% |
| 1996 | 115.90 million current LCU | -150.1% |
| 1997 | -695.70 million current LCU | -700.3% |
| 1998 | 258.60 million current LCU | -137.2% |
| 2000 | -4.30 million current LCU | -101.7% |
| 2005 | 109.34 million current LCU | -2642.7% |
| 2006 | 503.87 million current LCU | +360.8% |
| 2007 | 46.85 million current LCU | -90.7% |
| 2008 | 555.07 million current LCU | +1084.9% |
Seychelles compared with similar countries
- Seychelles's 555.07 million current LCU is below the median for high income countries, which is 893.25 million current LCU, 62% of the median. (39 countries reporting)
- Seychelles's 555.07 million current LCU is above the median for Sub-Saharan Africa, which is 9.05 million current LCU, 61.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -39.93 million current LCU | -695.70 million current LCU | 264.50 million current LCU | 6 |
| 2000s | 242.17 million current LCU | -4.30 million current LCU | 555.07 million current LCU | 5 |
Countries ranked near Seychelles
More public sector data for Seychelles
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Frequently asked questions
- What is net acquisition of financial assets in Seychelles?
- Net acquisition of financial assets in Seychelles was 555.07 million current LCU in 2008, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Seychelles?
- The highest recorded value was 555.07 million current LCU in 2008.
- What is the lowest net acquisition of financial assets recorded in Seychelles?
- The lowest recorded value was -695.70 million current LCU in 1997.
- How does Seychelles rank for net acquisition of financial assets?
- Seychelles ranks 77th out of 134 countries with data for 2008.
- Is net acquisition of financial assets rising or falling in Seychelles?
- Over the last ten years it is up 114.6%. The long-run trend across the full record is volatile.
- 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 Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.