Seychelles Government Debt To GDP

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. Government Debt To GDP in Seychelles averaged 65.56 Percent from 2003 until 2013, reaching an all time high of 87 Percent in 2009 and a record low of 49 Percent in 2010. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Seychelles Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
69.00 76.00 87.00 49.00 73.32 | 2014/06 2003 - 2013 Percent Yearly

TO

Seychelles Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 30.00 [+]
Government Debt To GDP 69.00 2013-12-31 76.00 87.00 49.00 73.32 2014-06-30 Percent [+]
Government Budget 1.00 2013-12-31 2.50 10.59 -14.96 0.78 2014-06-30 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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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