Seychelles recorded a Government Budget deficit equal to 19.10 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Seychelles

Government Budget in Seychelles averaged -2.93 percent of GDP from 1993 until 2020, reaching an all time high of 10.59 percent of GDP in 2003 and a record low of -19.10 percent of GDP in 2020. This page provides - Seychelles Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Government Budget - values, historical data and charts - was last updated on December of 2021.

Government Budget in Seychelles is expected to reach -7.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Seychelles Government Budget is projected to trend around -5.00 percent of GDP in 2022 and -4.00 percent of GDP in 2023, according to our econometric models.

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Seychelles Government Budget

Related Last Previous Unit Reference
Government Debt to GDP 94.00 57.00 percent of GDP Dec/20
Government Budget -19.10 0.20 percent of GDP Dec/20
Government Revenues 1901.00 1919.00 SCR Million Sep/21
Government Debt 17387.00 16904.00 SCR Million Sep/21
Fiscal Expenditure 2155.00 2217.00 SCR Million Sep/21
Government Budget Value -254.00 -298.00 SCR Million Sep/21
Seychelles Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.