Service exports — all countries

Service exports — Seychelles

Service exports in the Seychelles in 2024 — 1,714,005,325 US$. Ranked 114 in the world out of 165. Since 1976, the indicator has risen by 4,958.1%.

2024 1.71B US$ −6.5% vs 2023
World rank 114of 165
Period maximum 1.83B US$2023
Period minimum 33.89M US$1976

Trend over time

1976–2024 · US$

Service exports — Seychelles, 1976–20240500M1B1.5B2B197619811986199119962001200620112016202120241976: 33,886,501 US$1977: 48,237,800 US$1978: 63,804,693 US$1979: 83,623,961 US$1980: 91,218,839 US$1981: 88,692,174 US$1982: 77,763,642 US$1983: 76,798,729 US$1984: 95,065,988 US$1985: 111,990,340 US$1986: 123,271,308 US$1987: 144,852,423 US$1988: 164,423,612 US$1989: 144,366,320 US$1990: 171,929,930 US$1991: 167,643,972 US$1992: 194,224,026 US$1993: 261,717,896 US$1994: 250,343,249 US$1995: 278,959,885 US$1996: 237,398,985 US$1997: 256,154,891 US$1998: 248,009,780 US$1999: 277,820,842 US$2000: 287,608,113 US$2001: 294,851,057 US$2002: 314,064,568 US$2003: 331,206,284 US$2004: 327,338,528 US$2005: 369,568,297 US$2006: 431,162,096 US$2007: 456,183,432 US$2008: 464,460,174 US$2009: 417,995,764 US$2010: 440,514,381 US$2011: 465,559,713 US$2012: 673,666,642 US$2013: 826,684,610 US$2014: 834,193,214 US$2015: 847,696,384 US$2016: 1,140,039,659 US$2017: 1,320,666,142 US$2018: 1,572,709,369 US$2019: 1,601,451,164 US$2020: 766,629,735 US$2021: 1,235,449,695 US$2022: 1,684,206,083 US$2023: 1,833,105,125 US$2024: 1,714,005,325 US$
Change over the period: +1.68B (+4,958.08%) Average annual rate: 8.52 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Seychelles

Seychelles 1.71B US$
World 8.85T US$
Sub-Saharan Africa 85.52B US$
Eastern Africa computed 38.37B US$
High-income countries computed 7.04T US$
Service exports — Seychelles, by year Seychelles All countries CSV XLSX
Year US$ Change Change, %
2024 1.71B −119M −6.5%
2023 1.83B +149M +8.84%
2022 1.68B +449M +36.32%
2021 1.24B +469M +61.15%
2020 767M −835M −52.13%
2019 1.6B +28.74M +1.83%
2018 1.57B +252M +19.08%
2017 1.32B +181M +15.84%
2016 1.14B +292M +34.49%
2015 848M +13.5M +1.62%
2014 834M +7.51M +0.91%
2013 827M +153M +22.71%
2012 674M +208M +44.7%
2011 466M +25.05M +5.69%
2010 441M +22.52M +5.39%
2009 418M −46.46M −10%
2008 464M +8.28M +1.81%
2007 456M +25.02M +5.8%
2006 431M +61.59M +16.67%
2005 370M +42.23M +12.9%
2004 327M −3.87M −1.17%
2003 331M +17.14M +5.46%
2002 314M +19.21M +6.52%
2001 295M +7.24M +2.52%
2000 288M +9.79M +3.52%
1999 278M +29.81M +12.02%
1998 248M −8.15M −3.18%
1997 256M +18.76M +7.9%
1996 237M −41.56M −14.9%
1995 279M +28.62M +11.43%
1994 250M −11.37M −4.35%
1993 262M +67.49M +34.75%
1992 194M +26.58M +15.86%
1991 168M −4.29M −2.49%
1990 172M +27.56M +19.09%
1989 144M −20.06M −12.2%
1988 164M +19.57M +13.51%
1987 145M +21.58M +17.51%
1986 123M +11.28M +10.07%
1985 112M +16.92M +17.8%
1984 95.07M +18.27M +23.79%
1983 76.8M −964,913 −1.24%
1982 77.76M −10.93M −12.32%
1981 88.69M −2.53M −2.77%
1980 91.22M +7.59M +9.08%
1979 83.62M +19.82M +31.06%
1978 63.8M +15.57M +32.27%
1977 48.24M +14.35M +42.35%
1976 33.89M

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

Source: World Development Indicators (World Bank), license CC BY 4.0.