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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 13.43
14.89 16.52 18.32 20.31 30.73
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 4.20
percent
2.9 3 2.87 2.75 3.4
GDP 1.49
USD Billion
1.5 1.5 1.6 1.6 1.6
GDP per capita 13997.08
USD
14400 14400 14900 14900 15500
GDP per capita PPP 26382.29
USD
26650 26825 28176 28176 27532
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 4.10
percent
3.4 3.4 1.7 3.3 3.1
Population 0.10
Million
0.09 0.09 0.09 0.09 0.09
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 3.01
percent
4.3 4.6 4.3 4.6 4.4
Food Inflation 0.61
percent
3.2 3.4 3.3 2.95 2.8
Inflation Rate Mom 0.12
percent
0.28 0.31 0.31 0.32 0.32
Consumer Price Index Cpi 109.84
Index points
111 112 114 115 121
Cpi Housing Utilities 109.89
Index Points
110 110 110 110 110
CPI Transportation 125.77
Index Points
110 111 130 132 121
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 12.29
percent
12.04 12.02 12.02 12.25 11
Banks Balance Sheet 18351.44
SCR Million
18353 18353 18353 18353 18353
Deposit Interest Rate 3.61
percent
3.36 3.34 3.34 3.57 2.32
Money Supply M1 5135.50
SCR Million
5302 5405 5507 5608 6583
Money Supply M2 9834.70
SCR Million
9941 9964 9975 9980 9986
Money Supply M3 16474.67
SCR Million
17069 17414 17756 18094 21298
Central Bank Balance Sheet 9142.12
SCR Million
9296 9373 9448 9521 10137
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -50.35
USD Million
-77.38 -65.05 -73.5 -66.05 -68.97
Exports 63.22
USD Million
47.21 51.39 50.33 50.37 50.45
Imports 113.57
USD Million
125 114 124 116 119
Current Account -80.50
USD Million
-63.73 -75.7 -65.06 -78.5 -74.55
Current Account to GDP -20.00
percent
-15 -15 -18 -18 -16
Capital Flows -54.70
USD Million
-19.74 -20.78 -19.43 -20.22 -20.47
Tourist Arrivals 23930.00
30100 29000 28700 29100 28900
Foreign Direct Investment 36.70
USD Million
41.87 44.69 47.67 48.05 49.38
External Debt 5537.00
SCR Million
5536 5536 5536 5535 5535
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 62.00
percent
65 65 63 63 61
Government Budget -0.04
percent of GDP
-0.02 -0.2 -0.06 0.08 0.22
Government Revenues 1771.00
SCR Million
1848 1967 1802 1952 1957
Government Debt 12393.00
SCR Million
12405 12405 12405 12405 12405
Fiscal Expenditure 1883.00
SCR Million
1769 2234 1890 1935 2075
Military Expenditure 22.10
USD Million
21.66 21.89 21.9 21.91 21.93
Government Budget Value -112.00
SCR Million
79.41 -229 -87.66 16.98 -118
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 3195.70
KBps
3064 3036 3045 3058 3049
IP Addresses 21123.00
IP
24489 24213 24311 24499 26504
Ease of Doing Business 95.00
80 75 78 81 89
Competitiveness Index 3.80
Points
3.85 3.85 3.84 3.83 3.88
Competitiveness Rank 107.00
108 108 112 113 125
Corruption Index 60.00
Points
60 60 60 60 60
Corruption Rank 36.00
35 34 34 35 35
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Private Sector Credit 6171.00
SCR Million
6316 6348 6366 6376 6390
Consumer Credit 1370.00
SCR Million
1436 1468 1501 1533 1856
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 26.95
celsius
26.25 26.45 26.98 27.61 27.39