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 13.15 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 13771 13833 13895 13975 14696 USD [+]
GDP per capita PPP 25667.55 25995 26068 26141 26285 27391 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 -1.20 -0.5 0.3 1 -1.79 3.4 percent [+]
Food Inflation 0.75 0.97 1.17 1.24 1.26 1.27 percent [+]
Inflation Rate Mom -0.70 -0.08 0.02 0.05 0.05 0.05 percent [+]
Consumer Price Index Cpi 101.32 101 100 100 100 100 Index points [+]
Cpi Transportation 122.31 134 137 140 142 148 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 17881.90 17940 17936 17937 17937 17937 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 8682.14 8827 8914 8997 9078 9791 SCR Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -23.40 -19.19 -19.26 -19.14 -19.06 -19.04 USD Million [+]
Exports 43.90 37.97 38.11 38.14 38.14 38.14 USD Million [+]
Imports 67.30 64.37 66.05 67.12 67.19 66.85 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 31918.00 27376 28551 28441 28353 28398 [+]
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 [+]