Seychelles recorded a Current Account deficit of 17.10 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Seychelles averaged -12.23 percent from 1976 until 2018, reaching an all time high of 6.44 percent in 1994 and a record low of -28.90 percent in 2007.

Current Account to GDP in Seychelles is expected to be -16.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Seychelles Current Account to GDP is projected to trend around -17.50 percent in 2020, according to our econometric models.

Seychelles Current Account to GDP
Forecast Data Chart
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Seychelles Trade Last Previous Highest Lowest Unit
Balance of Trade -30.20 -37.40 -2.91 -192.00 USD Million [+]
Current Account -42.50 -64.80 13.10 -375.00 USD Million [+]
Current Account to GDP -17.10 -20.00 6.44 -28.90 percent [+]
Imports 81.90 75.49 244.70 52.35 USD Million [+]
Exports 51.70 38.05 82.51 21.53 USD Million [+]
Capital Flows -46.50 -26.80 457.40 -104.30 USD Million [+]
Terms Of Trade 115.42 114.78 115.42 94.05 Index Points [+]
Tourist Arrivals 33536.00 29319.00 37103.00 7483.00 [+]
External Debt 5091.77 3514.56 6529.00 1865.02 SCR Million [+]
Foreign Direct Investment 3.70 15.90 175.20 -0.10 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Seychelles Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Seychelles Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-17.10 -20.00 6.44 -28.90 1976 - 2018 percent Yearly

Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 2.90 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -2.60 Dec/18
Indonesia -3.00 Dec/18
South Africa -3.50 Dec/18
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18