Seychelles Current Account to GDP

Seychelles recorded a Current Account deficit of 19 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Seychelles is reported by the Central Bank of Seychelles. Current Account to GDP in Seychelles averaged -11.96 Percent from 1976 until 2013, reaching an all time high of 6.44 Percent in 1994 and a record low of -28.90 Percent in 2007. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Seychelles Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-19.00 -27.00 6.44 -28.90 -18.61 | 2014/06 1976 - 2013 Percent Yearly

TO

Seychelles Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -134.00 2013-09-30 -88.00 -44.12 -192.00 -125.95 2014-06-30 USD Million [+]
Current Account -539.12 2012-06-30 -1036.34 -89.00 -1036.34 -831.50 2014-06-30 SCR Million [+]
Current Account to GDP -19.00 2013-12-31 -27.00 6.44 -28.90 -18.61 2014-06-30 Percent [+]
Exports 131.00 2013-09-30 144.00 165.00 21.53 136.53 2014-06-30 USD Million [+]
Imports 265.00 2013-09-30 232.00 265.00 65.65 265.28 2014-06-30 USD Million [+]
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Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Seychelles Exports at 131.00 USD Million  
Exports in Seychelles decreased to 131 USD Million in the third quarter of 2013 from 144 USD Million in the second quarter of 2013. Exports in Seychelles is reported by the Central Bank of Seychelles.
Seychelles GDP Annual Growth Rate at 3.50 Percent  
The Gross Domestic Product (GDP) in Seychelles expanded 4 percent in 2012 from the previous year. GDP Annual Growth Rate in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Balance of Trade at -134.00 USD Million  
Seychelles recorded a trade deficit of 134 USD Million in the third quarter of 2013. Balance of Trade in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Imports at 265.00 USD Million  
Imports in Seychelles increased to 265 USD Million in the third quarter of 2013 from 232 USD Million in the second quarter of 2013. Imports in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Government Debt To GDP at 69.00 Percent  
Seychelles recorded a Government Debt to GDP of 69 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Government Budget at 1.00 Percent of GDP  
Seychelles recorded a Government Budget surplus equal to 1 percent of the country's Gross Domestic Product in 2013. Government Budget in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Unemployment Rate at 1.00 Percent  
Unemployment Rate in Seychelles decreased to 1 percent in 2013 from 2.20 percent in 2012. Unemployment Rate in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Population at 0.09 Million  
The total population in Seychelles was last recorded at 0.1 million people in 2012 from 0.0 million in 1960, changing 125 percent during the last 50 years. Population in Seychelles is reported by the World Bank.
Seychelles Average Prime Lending Rate at 9.64 Percent  
The benchmark interest rate in Seychelles was last recorded at 9.64 percent. Interest Rate in Seychelles is reported by the Central Bank of Seychelles.
Seychelles Current Account to GDP at -19.00 Percent  
Seychelles recorded a Current Account deficit of 19 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Seychelles is reported by the Central Bank of Seychelles.
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