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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about The Seychelles economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of The Seychelles best banks and safest banks are also available.
Seychelles' central bank governor Caroline Abel tells Global Finance that the central bank of Seychelles will focus on diversifying the economy after the pandemic passes and in the meantime is focused on stopping currency speculation.
USD 0.5 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
| 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
| 1980 | 1990 | 2000 | 2010 | 2019* |
| 0% | 0% | 0% | 0% | 0.002% |
*Estimate
(2018 estimate)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 4% | -1% | 2.9% | 3.7% | 2% |
*Estimate
| 2015* | 2016* | 2017* | 2018* | 2019* |
| 2.7% | 2.7% | 3% | 3% | 3% |
*Estimate
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 67% | 69% | 63.2% | 56.9% | 53.8% |
*Estimate
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 1.9% | 0.2% | 0.4% | 0.2% | 0.9% |
*Estimate
Standard & Poor's: N/A
Moody's: N/A
Standard & Poor's / Moody's
| 2016 | 2017 | 2018 |
| N/A | N/A | N/A |
-17.0 % (2018 estimate)
87% (2018)
0.003% (2018)
0.02% (2018)
Canned tuna, frozen fish, petroleum products (reexports)
Machinery and equipment, foodstuffs, petroleum products, chemicals, other manufactured goods
UAE 28.5%, France 24%, UK 13.8%, Italy 8.9%, Germany 4.6% (2017)
UAE 13.4%, France 9.4%, Spain 5.7%, South Africa 5% (2017)
| 2016 | 2017 | 2018 |
| USD 155 million | USD 192 million | USD 124 million |
| 2016 | 2017 | 2018 |
| USD 10.3 million | USD 5.9 million | USD 6.0 million |
| 2015 | 2016 | 2017 | 2018 |
| USD 220 million | USD 24 million | USD -36 million | USD -36 million |
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
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
76 out of 141 countries
Ranking: 87 / Score: 61.4 (Moderately free)
(100=totally free 0=totally repressed)
Seychellois Creole (official) 89.1%, English (official) 5.1%, French (official) 0.7%, other 3.8%, unspecified 1.4% (2010 est.)
Roman Catholic 76.2%, Protestant 10.5% (Anglican 6.1%, Pentecostal Assembly 1.5%, Seventh Day Adventist 1.2%, other Protestant 1.7%), other Christian 2.4%, Hindu 2.4%, Muslim 1.6%, other non-Christian 1.1%, unspecified 4.8%, none 0.9% (2010 est.)
| 1990 | 2000 | 2010 | 2015* | 2020* |
| 0.07 million | 0.08 million | 0.09 million | 0.09 million | 0.1 million |
*Estimate
| 1960 | 1980 | 2000 | 2018 |
| 27.7% | 49.4% | 50.4% | 56.7% |
Total population: 91.8%
Male: 91.4%
Female: 92.3%
Definition: age 15 and over can read and write (2012 est.)
2.5% (last available estimate, 2013)
46.8 (last available estimate, 2013)
(0=perfect equality, 100=absolute inequality)
Partly Free
Political Rights: 3
Civil Liberties: 3 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 20.9%
Mobile: 184.3%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)