Source
Central bank

Central Bank of Seychelles

International Reserves

USD 0.5 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 1.5 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 2.8 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
9.4% 10.4% -2.1% -1.1% 6% 5.4% 3.7%
2013 2014 2015* 2016* 2017*    
5% 6.2% 5.7% 4.9% 3.5%    

*Estimate

GDP per capita - current prices

USD 16,008.2 (2017, estimate)

GDP per capita - PPP

Intl$ 29,551.2 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0% 0% 0% 0% 0.002%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 2.6% 
  • industry: 13.9% 
  • services: 83.5%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015* 2016* 2017*
4.3% 1.4% 4.0% -0.8% 2.5%

*Estimate

Unemployment rate
2013 2014 2015* 2016* 2017*
3.3% 3.0% 2.7% 2.7% 3.0%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
68.8% 68.6% 69% 67.2% 61.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
0.4% 3.7% 1.9% 0.6% 1.8%

*Estimate   

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.3 billion (2017 estimate)

Current account balance by percentage of GDP

-18.3% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

83.1% (2014)

Shares in world total merchandising export

0.003% (2015)

Shares in world total commercial services export

0.02% (2015)

Total exports

USD 422.3 million (2016 estimate)

Export commodities

Canned tuna, frozen fish, petroleum products (reexports)

Total imports

USD 0.9 billion (2016 estimate)

 
 
Source
Import commodities

Machinery and equipment, foodstuffs, petroleum products, chemicals, other manufactured goods

Exports - major partners

France 18.2%, UK 17.9%, Mauritius 10%, Japan 9.2%, Italy 7.8%, Spain 4.5% (2015)

Imports - major partners

Saudi Arabia 22.5%, Spain 11.1%, Singapore 7.4%, China 4.5%, South Africa 4.1%, France 4% (2015)

FDI inflows
2013 2014 2015
USD 170 million USD 230 million USD 195 million
FDI outflows
2013 2014 2015
USD 15.8 million USD 15.5 million USD 8.2 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD 188.7 million USD 0.9 million N/A USD 68.0 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 93 out of 190 countries (2017)

Subcategories:

Starting a business: 137 out of 190 countries

Enforcing Contracts: 129 out of 190 countries

Registering Property: 66 out of 190 countries

Getting Credit: 118 out of 190 countries

Protecting Minority Investors: 106 out of 190 countries

Trading Across Borders: 84 out of 190 countries

Paying Taxes: 32 out of 190 countries

Dealing with Construction Permits: 146 out of 190 countries

Getting Electricity: 140 out of 190 countries

Resolving Insolvency: 62 out of 190 countries

Global competitiveness ranking

N/A

Index of Economic Freedom

Ranking: 76 / Score: 62.2 (Moderately free) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+4

Total area

455 sq km

Capital

Victoria

Currency

Seychelles rupees (SCR)

Government type

republic

Languages

Seychellois Creole (official) 89.1%, English (official) 5.1%, French (official) 0.7%, other 3.8%, unspecified 1.4% (2010 est.)

Religions

Roman Catholic 76.2%, Protestant 10.6% (Anglican 6.1%, Pentecoastal Assembly 1.5%, Seventh-Day Adventist 1.2%, other Protestant 1.6), other Christian 2.4%, Hindu 2.4%, Muslim 1.6%, other non-Christian 1.1%, unspecified 4.8%, none 0.9% (2010 est.)

Total population
1990 2000 2010 2014* 2019**
0.07 million 0.081 million 0.09 million 0.094 million 0.099 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
27.7% 49% 5% 53%
Population median age

33.9 years (2014 est.)

Population growth rate

0.87% (2014 est.)

Life expectancy

74.25 years  (2014 est.)

Adult literacy

 91.8% (2011 estimate)

% of population living on less than $3.10 a day

1.8% (2007)

Inequality of wealth distribution (Gini index)

65.8 (2007)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 3 (2014)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

Fixed  23.4%   Mobile  147.3% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

50.40% (2013)

Mercer Cost of living index

Victoria 13th (2014)

CO2 emissions

7.8 (2010)

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