Seychelles - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 13.43
14.93 16.61 18.47 20.53 31.4
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 4.20
percent
4.55 4.87 5.2 5 5.1
GDP 1.43
USD Billion
1.35 1.32 1.3 1.48 1.49
GDP per capita 13963.60
USD
13789 13842 14094 13666 13536
GDP per capita PPP 26319.20
USD
26585 26874 27163 28176 28408
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 4.10
percent
3.4 3.4 3.4 3.4 3.1
Population 0.10
Million
0.08 0.08 0.08 0.08 0.08
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 4.18
percent
4.3 4.3 4.6 4.3 4.4
Food Inflation 1.49
percent
2.5 3.2 3.4 3.3 2.8
Inflation Rate Mom 0.00
percent
0.51 0.53 0.53 0.53 0.53
Consumer Price Index Cpi 109.47
Index points
111 111 112 113 121
CPI Transportation 124.50
Index Points
110 110 111 133 121
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 12.04
percent
12.04 12.04 12.02 12.02 11
Banks Balance Sheet 18351.44
SCR Million
18422 18422 18422 18422 18422
Deposit Interest Rate 3.50
percent
3.26 3.28 3.31 3.25 3.24
Money Supply M1 5041.70
SCR Million
4759 4757 4797 4808 4798
Money Supply M2 9772.44
SCR Million
9147 8975 9115 9292 9223
Money Supply M3 16322.47
SCR Million
16385 15858 15176 14647 14958
Central Bank Balance Sheet 8985.93
SCR Million
9028 9028 9028 9028 9028
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -37.31
USD Million
-39.73 -41.74 -42.77 -43.07 -42.75
Exports 61.40
USD Million
47.02 47.21 47.39 47.33 47.34
Imports 98.70
USD Million
86.75 88.95 90.21 90.4 90.09
Current Account -80.50
USD Million
-63.3 -63.3 -63.3 -63.3 -63.3
Current Account to GDP -20.00
percent
-15 -15 -15 -18 -16
Capital Flows -54.70
USD Million
-32.75 -32.75 -32.75 -32.75 -32.75
Tourist Arrivals 31111.00
28800 26900 27400 26800 23800
Foreign Direct Investment 36.70
USD Million
36.5 16.27 36.32 16.46 35.26
External Debt 5618.00
SCR Million
5543 5556 5607 5553 5573
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 62.00
percent
65 65 65 63 61
Government Budget -0.04
percent of GDP
-0.32 -0.54 -0.75 -0.93 -2.25
Government Revenues 1991.00
SCR Million
1923 1844 1960 1791 1947
Government Debt 12429.00
SCR Million
12413 12413 12413 12413 12413
Fiscal Expenditure 2382.00
SCR Million
1796 1765 2226 1848 2057
Military Expenditure 22.10
USD Million
16.15 16.22 16.3 16.08 14.67
Government Budget Value -390.00
SCR Million
127 78.97 -227 -57.71 -110
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 3195.70
KBps
3039 3064 3036 3045 3049
IP Addresses 21123.00
IP
21693 24489 24213 24311 26504
Ease of Doing Business 95.00
95 95 95 95 95
Competitiveness Index 3.80
Points
3.8 3.8 3.8 3.8 3.8
Competitiveness Rank 107.00
107 107 107 107 107
Corruption Index 60.00
Points
60 60 60 60 60
Corruption Rank 36.00
36 36 36 36 36
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Private Sector Credit 6171.00
SCR Million
6009 5646 5321 5240 6116
Consumer Credit 1370.00
SCR Million
1306 1225 1161 1150 1319
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 33.00
percent
33 33 33 33 33
Personal Income Tax Rate 15.00
percent
15 15 15 15 15
Sales Tax Rate 15.00
percent
15 15 15 15 15
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 26.95
celsius
27.55 26.25 26.45 26.98 27.39