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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 13.34
15.01 16.81 18.82 21.08 33.16
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 5.90
percent
2.87 3.15 3.42 3.7 3
GDP 1.43
USD Billion
1.4 1.4 1.4 1.4 1.49
GDP per capita 13963.60
USD
13682 13831 13980 14130 13847
GDP per capita PPP 26319.20
USD
25702 25990 26278 26565 25758
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.50
percent
3.4 3.4 3.4 3.4 3.1
Population 0.09
Million
0.08 0.08 0.08 0.08 0.08
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 4.50
percent
4 4.3 4.3 4.6 4.4
Food Inflation 2.37
percent
1.9 2.5 3.2 3.4 2.8
Inflation Rate Mom 2.10
percent
0.5 0.55 0.55 0.55 0.55
Consumer Price Index Cpi 108.88
Index points
109 110 110 109 103
CPI Transportation 124.00
Index Points
123 123 122 121 111
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 12.05
percent
12.04 12.04 12.04 12.02 11
Banks Balance Sheet 18351.44
SCR Million
18149 18100 18053 18005 17637
Deposit Interest Rate 3.50
percent
3.48 3.51 3.55 3.58 3.89
Money Supply M1 4996.27
SCR Million
5003 4994 4984 4975 4864
Money Supply M2 9561.16
SCR Million
9758 9748 9713 9673 9200
Money Supply M3 15807.66
SCR Million
15999 15979 15943 15904 15450
Central Bank Balance Sheet 8980.64
SCR Million
8950 8932 8917 8902 8727
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -72.60
USD Million
-74.28 -72.52 -70.55 -68.94 -63.96
Exports 34.50
USD Million
41.31 40.73 40.22 39.86 38.96
Imports 107.10
USD Million
104 102 102 101 102
Current Account -53.20
USD Million
-60.46 -74.33 -69.67 -75.01 -76.98
Current Account to GDP -18.00
percent
-15 -15 -17.8 -15 -16
Capital Flows -15.90
USD Million
-12.15 -15.96 -14.22 -15.8 -16.17
Tourist Arrivals 29729.00
28000 28900 27700 27700 24300
Foreign Direct Investment 36.70
USD Million
48.62 47.4 44.04 46.22 49.92
External Debt 5477.00
SCR Million
5344 5281 5235 5201 5105
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 65.00
percent
65 65 64.92 65 61
Government Budget -0.30
percent of GDP
-0.1 -0.32 -0.54 -0.75 -2.08
Government Revenues 1903.00
SCR Million
1333 1436 1494 1471 1459
Government Debt 12740.00
SCR Million
12457 12390 12326 12265 11880
Fiscal Expenditure 1770.00
SCR Million
1404 1414 1515 1514 1424
Military Expenditure 18.00
USD Million
18.85 18.49 18.12 17.76 12.18
Government Budget Value 170.00
SCR Million
39.83 172 153 -72 8.12
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 3195.70
KBps
2822 2755 2694 2646 2304
IP Addresses 21123.00
IP
20644 20806 20637 20472 19320
Ease of Doing Business 95.00
100 97 95 92 98
Competitiveness Index 3.80
Points
3.85 3.85 3.85 3.85 3.88
Competitiveness Rank 107.00
101 101 101 101 102
Corruption Index 55.00
Points
54 54 53 53 49
Corruption Rank 40.00
43 42 42 41 51
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Private Sector Credit 5867.57
SCR Million
6024 6074 6089 6083 5721
Consumer Credit 1295.00
SCR Million
1334 1336 1333 1328 1265
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 33.00
percent
34 34 34 34 35
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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 26.95
celsius
26.92 27.55 26.25 26.45 27.39