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 | 1.59 USD Billion | 2022 |
| GDP Annual Growth Rate | -2.4 % | 2Q/23 |
| GDP per capita | 17117 USD | 2022 |
| Inflation Rate YoY | -2.47 % | Sep/23 |
| Interest Rate | 2 % | Sep/23 |
| Unemployment Rate | 4 % | 2020 |
| Balance of Trade | -58.5 USD Million | -0.058 B USD | Aug/23 |
| Current Account | -65.7 USD Million | -0.066 B USD | 2Q/23 |
| Government Debt | 17365 SCR Million | 1.329 B USD | Aug/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.59 USD Billion | 2022 |
| GDP Annual Growth Rate | -2.4 % | 2Q/23 |
| GDP per capita | 17117 USD | 2022 |
| GDP Constant Prices | 5921 SCR Million | 0.453 B USD | 2Q/23 |
| GDP per capita PPP | 29835 USD | 2022 |
| GDP From Agriculture | 132 SCR Million | 0.01 B USD | 2Q/23 |
| GDP From Construction | 218 SCR Million | 0.017 B USD | 2Q/23 |
| GDP From Public Administration | 564 SCR Million | 0.043 B USD | 2Q/23 |
| GDP From Transport | 182 SCR Million | 0.014 B USD | 2Q/23 |
| GDP From Utilities | 219 SCR Million | 0.017 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 65 % | 2022 |
| Government Budget Value | 2 SCR Million | 0 USD Billion | 2Q/23 |
| Government Spending | 2073 SCR Million | 0.159 B USD | 2Q/23 |
| Government Debt | 17365 SCR Million | 1.329 USD Billion | Aug/23 |
| Government Revenues | 2279 SCR Million | 0.174 USD Billion | 2Q/23 |
| Fiscal Expenditure | 2277 SCR Million | 0.174 B USD | 2Q/23 |
| Government Budget to GDP | -1.7 % | 2022 |
| Military Expenditure | 26.1 USD Million | 0.026 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 126 index points | Sep/23 |
| Export Prices | 114 Index Points | 1Q/23 |
| Food Inflation | -2.61 % | Sep/23 |
| Import Prices | 106 Index Points | 1Q/23 |
| Inflation Rate YoY | -2.47 % | Sep/23 |
| Producer Prices | 109 Index Points | Aug/23 |
| Inflation Rate Mom | -0.08 % | Sep/23 |
| Core Consumer Prices | 127 Index Points | Sep/23 |
| Core Inflation Rate | -0.71 % | Sep/23 |
| CPI Housing Utilities | 133 Index Points | Sep/23 |
| CPI Transportation | 145 Index Points | Sep/23 |
| Producer Prices Change | 5.3 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -8 % | 2022 |
| Balance of Trade | -58.5 USD Million | -0.058 USD Billion | Aug/23 |
| Capital Flows | -32 USD Million | -0.032 USD Billion | 1Q/23 |
| Current Account | -65.7 USD Million | -0.066 USD Billion | 2Q/23 |
| Exports | 44.85 USD Million | 0.045 USD Billion | Aug/23 |
| External Debt | 8128 SCR Million | 0.622 USD Billion | Aug/23 |
| Imports | 103 USD Million | 0.103 USD Billion | Aug/23 |
| Terms of Trade | 107 Index Points | 1Q/23 |
| Tourist Arrivals | 28177 Persons | 0.028 Million Persons | Aug/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 2 % | Sep/23 |
| Loans to Private Sector | 3000 SCR Million | 0.22 USD Billion | Dec/16 |
| Money Supply M1 | 8781 SCR Million | 0.672 USD Billion | Aug/23 |
| Money Supply M2 | 15116 SCR Million | 1.157 USD Billion | Aug/23 |
| Money Supply M3 | 24856 SCR Million | 1.903 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 11660 SCR Million | 0.893 B USD | Jul/23 |
| Deposit Interest Rate | 1.67 % | 2022 |
| Foreign Direct Investment | 64.1 USD Million | 0.064 B USD | 1Q/23 |
| Private Sector Credit | 9445 SCR Million | 0.723 B USD | Aug/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 4 % | 2020 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 33 % | 2021 |
| Personal Income Tax Rate | 15 % | 2022 |
| Sales Tax Rate | 15 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | -28.1 % | Aug/23 |
| Industrial Production (MoM) | -15.7 % | Aug/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 | 1580 SCR Million | 0.121 USD Billion | Aug/23 |
| Consumer Spending | 4397 SCR Million | 0.337 B USD | 2Q/23 |
