Seychelles | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Seychelles including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Seychelles economy.


MARKETS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 13.50 13.39 13.26 13.12 12.99 11.5 [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate 5.90 4.84 5.15 4.96 4.77 4.89 percent [+]
GDP 1.43 1.36 1.33 1.33 1.32 1.49 USD Billion [+]
GDP per capita 13963.60 14272 14426 14528 14630 15305 USD [+]
GDP per capita PPP 26319.20 26874 27163 27325 27486 28176 USD [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 4.50 3.84 4.01 3.41 2.82 6 percent [+]
Population 0.09 0.09 0.09 0.09 0.09 0.09 Million [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 3.94 4.3 5 4.8 4.7 4.4 percent [+]
Food Inflation 1.21 1.7 3.27 4.81 6.04 8.96 percent [+]
Inflation Rate Mom 0.15 0.59 0.64 0.66 0.67 0.68 percent [+]
Consumer Price Index Cpi 107.09 107 107 107 106 101 Index points [+]
CPI Transportation 105.87 106 105 104 103 96.64 Index Points [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 12.33 12.4 12.4 12.4 12.4 10.5 percent [+]
Banks Balance Sheet 18351.40 18351 18355 18352 18353 18353 SCR Million [+]
Deposit Interest Rate 3.50 3.29 3.31 3.25 3.19 3.28 percent [+]
Money Supply M1 4775.29 4777 4767 4758 4748 4651 SCR Million [+]
Money Supply M2 9047.38 9095 9086 9047 9001 8563 SCR Million [+]
Money Supply M3 14855.29 15039 15059 15027 14990 14622 SCR Million [+]
Central Bank Balance Sheet 8923.25 8882 8861 8845 8829 8673 SCR Million [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -43.30 -48.07 -51.43 -54.02 -55.98 -61.57 USD Million [+]
Exports 38.30 38.75 38.45 38.32 38.22 37.89 USD Million [+]
Imports 81.60 88.11 92.25 95.08 97.02 101 USD Million [+]
Current Account -70.80 -88.06 -74.2 -77.95 -68.67 -73.42 USD Million [+]
Current Account to GDP -18.00 -17 -17 -15 -15 -16 percent [+]
Capital Flows -32.70 -16.22 -13.95 -14.19 -14.39 -15.15 USD Million [+]
Tourist Arrivals 33117.00 28200 29900 27300 27300 24700 [+]
Foreign Direct Investment 30.80 34.8 30.27 29.42 29.04 29.43 USD Million [+]
External Debt 3062.43 3063 3068 3068 3071 3081 SCR Million [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 65.00 68 68 65 65 61 percent [+]
Government Budget -0.30 0.87 0.57 0.47 0.37 0.69 percent of GDP [+]
Government Revenues 1873.00 1418 1213 1365 1468 1440 SCR Million [+]
Government Debt 12388.00 12312 12239 12169 12104 11630 SCR Million [+]
Fiscal Expenditure 1687.00 1165 1912 1746 918 1194 SCR Million [+]
Military Expenditure 18.00 17.21 16.61 14.5 12.4 11.92 USD Million [+]
Government Budget Value 184.00 48.38 -175 4.41 46.76 -57.86 SCR Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Ease of Doing Business 93.00 95 95 96 96 98 [+]
Competitiveness Index 3.86 3.87 3.88 3.87 3.87 3.87 Points [+]
Competitiveness Rank 97.00 96 95 95 95 95 [+]
Corruption Index 55.00 53 53 53 52 49 Points [+]
Corruption Rank 40.00 40 39 39 39 39 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Private Sector Credit 5274.11 5423 5474 5499 5510 5521 SCR Million [+]
Consumer Credit 1129.00 1180 1207 1233 1259 1521 SCR Million [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Corporate Tax Rate 33.00 33 33 33 33 33 percent [+]
Personal Income Tax Rate 15.00 15 15 15 15 15 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]