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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 13.36 13.6 13.74 14.14 14.01 16.16 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 5.90 3.6 4.84 5.15 4.96 4.89 percent [+]
GDP 1.44 1.46 1.46 1.46 1.44 1.49 USD Billion [+]
GDP per capita 13542.20 13700 13746 13791 13876 14817 USD [+]
GDP per capita PPP 25524.96 25863 25882 25902 26029 27084 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 4.50 5.08 3.84 4.01 3.41 6 percent [+]
Population 0.09 0.09 0.09 0.09 0.09 0.09 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate -0.78 -0.5 0.3 1 -0.75 3.4 percent [+]
Food Inflation 1.19 1.24 1.52 1.62 1.65 1.67 percent [+]
Inflation Rate Mom 0.60 -0.02 0.08 0.1 0.11 0.11 percent [+]
Consumer Price Index Cpi 101.94 102 102 102 102 102 Index points [+]
Cpi Transportation 122.12 133 134 137 140 145 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 12.38 12 12 12 12 10.5 percent [+]
Banks Balance Sheet 18031.30 18042 18038 18041 18040 18040 SCR Million [+]
Deposit Interest Rate 3.50 3.26 3.29 3.31 3.25 3.28 percent [+]
Money Supply M1 4472.74 4566 4644 4725 4805 5651 SCR Million [+]
Money Supply M2 8639.38 8761 8791 8802 8807 8809 SCR Million [+]
Money Supply M3 13747.15 14044 14271 14495 14717 16993 SCR Million [+]
Central Bank Balance Sheet 8865.81 9009 9130 9246 9359 10433 SCR Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -23.40 -21.69 -22.01 -21.97 -21.9 -21.88 USD Million [+]
Exports 43.90 39.99 39.93 39.97 39.97 39.97 USD Million [+]
Imports 67.30 66.95 68.33 69 68.96 68.72 USD Million [+]
Current Account -59.70 -54.71 -70.92 -71.03 -62.97 -62.34 USD Million [+]
Current Account to GDP -18.00 -16.57 -18.13 -19.69 -18.98 -15.6 percent [+]
Capital Flows -46.80 -19.55 -15.06 -13.71 -13.75 -14.82 USD Million [+]
Tourist Arrivals 36016.00 28587 30889 30045 30192 30205 [+]
Foreign Direct Investment 38.80 52.6 56.71 55.92 53.62 48.19 USD Million [+]
External Debt 3208.97 3476 3528 3555 3570 3605 SCR Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 65.00 66.79 66.04 65.3 65.21 64.35 percent [+]
Government Budget -0.30 1.18 0.87 0.57 0.47 0.69 percent of GDP [+]
Government Revenues 1953.00 1428 1405 1400 1399 1398 SCR Million [+]
Government Debt 12408.00 12414 12415 12415 12415 12415 SCR Million [+]
Fiscal Expenditure 2230.00 1333 1318 1316 1316 1316 SCR Million [+]
Military Expenditure 18.10 23.72 24.19 24.67 22.95 10.55 USD Million [+]
Government Budget Value -277.00 50.88 52.95 -174 -91.4 -61.1 SCR Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 93.00 95 95 95 96 98 [+]
Competitiveness Index 3.86 3.87 3.87 3.88 3.87 3.87 Points [+]
Competitiveness Rank 97.00 97 96 95 95 95 [+]
Corruption Index 55.00 54 53 53 53 49 Points [+]
Corruption Rank 40.00 41 40 39 39 39 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Private Sector Credit 5109.23 5118 5120 5121 5121 5122 SCR Million [+]
Consumer Credit 1097.00 1148 1175 1201 1228 1520 SCR Million [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 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 [+]