Source
Central bank

Central Bank of Seychelles

International Reserves

USD 0.5 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Gross Domestic Product - GDP

USD 1.6 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 2.9 billion (2018, estimate)

Real GDP growth
2007 2008 2009 2010 2011 2012 2013
10.4% -2.1% -1.1% 5.9% 5.4% 3.7% 6%
2014 2015 2016* 2017* 2018*    
4.5% 4.9% 4.5% 5.3% 3.6%    

*Estimate

GDP per capita - current prices

USD 16,472.1 (2018, estimate)

GDP per capita - PPP
GDP (PPP) - share of world total
1980 1990 2000 2010 2019*
0% 0% 0% 0% 0.002%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 2% 
  • industry: 10.9% 
  • services: 70.4%

(2018 estimate)

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

N/A

 

Inflation
2015 2016 2017 2018* 2019*
4% -1% 2.9% 3.7% 2%

*Estimate

Unemployment rate
2015* 2016* 2017* 2018* 2019*
2.7% 2.7% 3% 3% 3%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
67% 69% 63.2% 56.9% 53.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
1.9% 0.2% 0.4% 0.2% 0.9%

*Estimate   

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's 

Market value of publicly traded shares
2016 2017 2018
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.3 billion (2018 estimate)

Current account balance by percentage of GDP

-17.0 % (2018 estimate)

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

87% (2018)

Shares in world total merchandising export

0.003% (2018)

Shares in world total commercial services export

0.02% (2018)

Total exports

USD 1.6 billion (2018 estimate)

Export commodities

Canned tuna, frozen fish, petroleum products (reexports)

Total imports

USD 1.8 billion (2018 estimate)

 
 
Source
Import commodities

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

Exports - major partners

UAE 28.5%, France 24%, UK 13.8%, Italy 8.9%, Germany 4.6% (2017)

Imports - major partners

UAE 13.4%, France 9.4%, Spain 5.7%, South Africa 5% (2017)

FDI inflows
2016 2017 2018
USD 155 million USD 192 million USD 124 million
FDI outflows
2016 2017 2018
USD 10.3 million USD 5.9 million USD 6.0 million
Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
USD 220 million USD 24 million USD -36 million USD -36 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:

100 out of 190 countries

​Subcategories:
Starting a Business: 147 out of 190 countries
Dealing with Construction Permits: 106 out of 190 countries
Getting Electricity: 104 out of 190 countries
Registering Property: 65 out of 190 countries
Getting Credit: 144 out of 190 countries
Protecting Minority Investors: 143 out of 190 countries
Paying Taxes: 36 out of 190 countries
Trading across Borders: 98 out of 190 countries
Enforcing Contracts: 128 out of 190 countries
Resolving Insolvency: 75 out of 190 countries

Global competitiveness ranking

76 out of 141 countries

Index of Economic Freedom

Ranking: 87 / Score: 61.4 (Moderately free)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+4

Total area

455 sq km

Capital

Victoria

Currency

Seychelles rupees (SCR)

Government type

Presidential 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 2016* 2021*
0.07 million 0.081 million 0.09 million 0.093 million 0.097 million

*Estimate   

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
28% 49% 50% 54%
Population median age

34.9 years (2016 estimate)

Population growth rate

0.8% (2016 estimate)

Life expectancy

74.7 years (2016 estimate)

Literacy

Total population: 91.8%
Male: 91.4%
Female: 92.3% (2012 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

0.9% (2013)

Inequality of wealth distribution (Gini index)

46.8 (2013)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 3 (2017)                         

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

Source
Total telephone subscribers as % of population

Fixed 22.76%   Mobile 158.12% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

58.12% (2015)

Mercer Cost of living index

Victoria: 16th (2016)

CO2 emissions

7.2 (2013)

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