Economy of Seychelles. Statistics, Data and Indicators
Seychelles
| 30 | Credit rank #91 |
| N/A | Quality of life # |
| 23 | Corruption rank#27 |
| 100 | Ease of doing business#90 |
Seychelles Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.45 USD Billion | 2021 |
| GDP Annual Growth Rate | 14 % | 3Q/22 |
| GDP per capita | 16640 USD | 2021 |
| Inflation Rate YoY | 1.13 % | Feb/23 |
| Interest Rate | 2 % | Feb/23 |
| Unemployment Rate | 3 % | 2021 |
| Balance of Trade | -73.88 USD Million | -0.074 B USD | Jan/23 |
| Current Account | -120 USD Million | -0.12 B USD | 3Q/22 |
| Government Debt | 17706 SCR Million | 1.353 B USD | Jan/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.45 USD Billion | 2021 |
| GDP Annual Growth Rate | 14 % | 3Q/22 |
| GDP per capita | 16640 USD | 2021 |
| GDP Constant Prices | 5841 SCR Million | 0.446 B USD | 3Q/22 |
| GDP per capita PPP | 28761 USD | 2021 |
| GDP From Agriculture | 127 SCR Million | 0.01 B USD | 3Q/22 |
| GDP From Construction | 226 SCR Million | 0.017 B USD | 3Q/22 |
| GDP From Public Administration | 604 SCR Million | 0.046 B USD | 3Q/22 |
| GDP From Transport | 274 SCR Million | 0.021 B USD | 3Q/22 |
| GDP From Utilities | 184 SCR Million | 0.014 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 74 % | 2021 |
| Government Budget Value | -457 SCR Million | -0.035 USD Billion | 1Q/23 |
| Government Spending | 1521 SCR Million | 0.116 B USD | 3Q/22 |
| Government Debt | 17706 SCR Million | 1.353 USD Billion | Jan/23 |
| Government Revenues | 676 SCR Million | 0.052 USD Billion | 1Q/23 |
| Fiscal Expenditure | 607 SCR Million | 0.046 B USD | 1Q/23 |
| Government Budget to GDP | -3 % | 2021 |
| Military Expenditure | 22.8 USD Million | 0.023 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 127 index points | Feb/23 |
| Export Prices | 114 Index Points | 3Q/22 |
| Food Inflation | 1.33 % | Feb/23 |
| Import Prices | 106 Index Points | 3Q/22 |
| Inflation Rate YoY | 1.13 % | Feb/23 |
| Producer Prices | 111 Index Points | Jan/23 |
| Inflation Rate Mom | -1.01 % | Feb/23 |
| Core Consumer Prices | 128 Index Points | Feb/23 |
| Core Inflation Rate | 0.53 % | Feb/23 |
| CPI Housing Utilities | 140 Index Points | Feb/23 |
| CPI Transportation | 150 Index Points | Feb/23 |
| Producer Prices Change | 16.2 % | Jan/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -20 % | 2021 |
| Balance of Trade | -73.88 USD Million | -0.074 USD Billion | Jan/23 |
| Capital Flows | -120 USD Million | -0.12 USD Billion | 3Q/22 |
| Current Account | -120 USD Million | -0.12 USD Billion | 3Q/22 |
| Exports | 18.58 USD Million | 0.019 USD Billion | Jan/23 |
| External Debt | 7952 SCR Million | 0.608 USD Billion | Jan/23 |
| Imports | 92.46 USD Million | 0.092 USD Billion | Jan/23 |
| Terms of Trade | 107 Index Points | 3Q/22 |
| Tourist Arrivals | 30285 Persons | 0.03 Million Persons | Feb/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 2 % | Feb/23 |
| Loans to Private Sector | 3000 SCR Million | 0.22 USD Billion | Dec/16 |
| Money Supply M1 | 8229 SCR Million | 0.629 USD Billion | Jan/23 |
| Money Supply M2 | 14359 SCR Million | 1.097 USD Billion | Jan/23 |
| Money Supply M3 | 27358 SCR Million | 2.09 USD Billion | Jan/23 |
| Central Bank Balance Sheet | 10738 SCR Million | 0.82 B USD | Dec/22 |
| Deposit Interest Rate | 1.67 % | 2022 |
| Foreign Direct Investment | 60 USD Million | 0.06 B USD | 3Q/22 |
| Private Sector Credit | 9099 SCR Million | 0.695 B USD | Jan/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 3 % | 2021 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 33 % | 2021 |
| Personal Income Tax Rate | 15 % | 2022 |
| Sales Tax Rate | 15 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | 90.9 % | Jan/23 |
| Industrial Production (MoM) | 156 % | Jan/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 70 Index Points | 2022 |
| Corruption Rank | 23 place | 2022 |
| Ease of Doing Business | 100 place | 2019 |
| Competitiveness Index | 59.6 Index Points | 2019 |
| Competitiveness Rank | 76 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Credit | 1354 SCR Million | 0.103 USD Billion | Jan/23 |
| Consumer Spending | 3544 SCR Million | 0.271 B USD | 3Q/22 |
