Seychelles GDP Annual Growth Rate

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. From 2000 until 2012, Seychelles GDP Annual Growth Rate averaged 2.8 Percent reaching an all time high of 9.9 Percent in December of 2007 and a record low of -6.3 Percent in December of 2003. 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. This page provides - Seychelles GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.50 2.80 9.90 -6.30 3.17 | 2014/06 2000 - 2013 Percent Yearly

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Seychelles GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 1.03 2012-12-31 1.06 1.06 0.01 1.02 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 3.50 2013-12-31 2.80 9.90 -6.30 3.17 2014-06-30 Percent [+]
GDP per capita 14301.52 2012-12-31 13953.13 14301.52 3071.63 14957.60 2014-06-30 USD [+]
GDP per capita PPP 23277.10 2012-12-31 22710.06 23277.10 9681.58 24344.92 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


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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