Seychelles' GDP contracted 0.5% year-on-year in the second quarter of 2026, following a revised 0.3% fall in the previous quarter. This marked the sharpest contraction since the third quarter of 2023. source: National Bureau of Statistics, Seychelles

The Gross Domestic Product (GDP) in Seychelles contracted 0.50 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Seychelles averaged 4.25 percent from 2000 until 2026, reaching an all time high of 23.70 percent in the first quarter of 2022 and a record low of -24.10 percent in the second quarter of 2020. This page provides - Seychelles GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

The Gross Domestic Product (GDP) in Seychelles contracted 0.50 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Seychelles is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Seychelles GDP Annual Growth Rate is projected to trend around 4.20 percent in 2027 and 3.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-01 10:00 AM
GDP Growth Rate YoY
Q1 -0.1% 9.4% 7.3%
2026-09-30 10:30 AM
GDP Growth Rate YoY
Q2 -0.5% -0.3% -1.8%
2026-12-31 10:00 AM
GDP Growth Rate YoY
Q3 -0.5% 3.5%


Related Last Previous Unit Reference
GDP Growth Rate YoY -0.50 -0.30 percent Jun 2026
GDP Constant Prices 6931.00 7243.00 SCR Million Jun 2026
GDP from Agriculture 150.00 165.00 SCR Million Jun 2026
GDP from Construction 429.00 388.00 SCR Million Jun 2026
GDP from Public Administration 857.00 926.00 SCR Million Jun 2026
GDP from Transport 321.00 292.00 SCR Million Jun 2026
GDP from Utilities 170.00 173.00 SCR Million Jun 2026


Seychelles GDP Annual Growth Rate
Seychelles is one of the most developed countries in Africa. The country is known for its upmarket tourism and offshore financial center. In recent years, to make the economy less dependent on tourism, Seychelles promoted the development of farming and fishing industries.
Actual Previous Highest Lowest Dates Unit Frequency
-0.50 -0.30 23.70 -24.10 2000 - 2026 percent Quarterly
Constant Prices 2014, NSA

News Stream
Seychelles GDP Sees First Contraction Since 2023
The economy of Seychelles shrank by 0.1% year-on-year in Q1 2026, following an upwardly revised 9.4% growth in the previous period. This was the first contraction since Q3 2023, driven by tourism-related activities, particularly accommodation and food services (-9.8% vs 8.9%) and arts, entertainment and recreation (-14.0% vs 14.6%). The tourism sector, which remains the backbone of the economy, has faced increasing pressure from geopolitical disruptions and rising travel costs. The downturn follows warnings from the International Monetary Fund that weaker tourism demand and travel disruptions linked to the Middle East could significantly impact the country's economy. Around 60% of tourists to Seychelles transit through Doha, Dubai or Abu Dhabi, exposing the country to disruptions at major Gulf airports. It also imports about 95% of its energy and much of its food, increasing its exposure to higher shipping and transport costs. On a quarter-on-quarter basis, GDP fell 4.1%.
2026-07-02
Seychelles GDP Growth Accelerates in Q4
The economy of Seychelles expanded 8.8% year-on-year in the fourth quarter of 2025, accelerating from a downwardly revised 4.1% growth in the previous quarter. This marked the strongest performance since the third quarter of 2024, driven by continued expansions in information and communication (15.1% vs 14.5% in Q3) and transportation and storage (32.1% vs 25.5%), as well as sharp rebounds in administrative and support services (145% vs -7%) and accommodation and food services (8.9% vs -2.8%). Meanwhile, output declined further in agriculture (-30.6% vs -27.6%) and wholesale and retail trade; repair of motor vehicles and motorcycles (-3.5% vs -0.4%).
2026-04-01