Seychelles
SYCSub-Saharan Africa High incomeCapital: Victoria▶About Seychelles
Seychelles's GDP is $2.25B (2026), with a population of 121,354, and GDP per capita of $21,940. Key indicators include real GDP growth of 3.2%, inflation at 1.1%, unemployment at 3.0%, government debt at 58.4% of GDP, life expectancy of 75.0 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
The economy is characterized by a high income status, with a GDP of 2.249 billion USD in 2026. The GDP growth rate is projected to be 3.2% for the same year, indicating steady economic expansion. The GDP per capita stands at 21,939.997 USD, reflecting a relatively high standard of living. Inflation is controlled at 1.1% in 2026. Trade is significant, with the trade-to-GDP ratio at 188.369185297411 in 2024, highlighting the importance of external commerce. The society benefits from a life expectancy of 74.9585365853659 years as of 2023. The population is approximately 121,354 in 2024. Victoria serves as the capital, playing a central role in governance and administration. The country is known for its natural beauty and tourism, which contributes substantially to its economic activities.
▶Economy27 indicators · 2021–2027 · IMF / WB
▶Fiscal & Monetary16 indicators · 2024–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 2.0% | 2027 | ▲ 81.8% | IMF |
| Govt Gross Debt (% of GDP) | 57.3% | 2027 | ▼ 1.9% | IMF |
| Fiscal Balance (% of GDP) | -1.4% | 2027 | ▲ 36.4% | IMF |
| Current Account Balance (% of GDP) | -7.6% | 2027 | ▼ 10.1% | IMF |
| Total Investment (% of GDP) | 25.2% | 2026 | ▼ 0.7% | IMF |
| Gross National Savings (% of GDP) | 18.3% | 2026 | ▼ 2.2% | IMF |
| Unemployment Rate (%) | 3.0% | 2027 | ▲ 0.0% | IMF |
| Inflation, CPI (%, World Bank) | 0.3% | 2024 | ▲ 130.1% | WB |
| Real Interest Rate (%) | 10.6% | 2024 | ▲ 103.4% | WB |
| Lending Interest Rate (%) | 9.8% | 2024 | ▲ 2.9% | WB |
| Deposit Interest Rate (%) | 2.4% | 2024 | ▲ 25.4% | WB |
| Total Reserves incl. Gold (USD) | $773.7M | 2024 | ▲ 13.3% | WB |
| Total Reserves (months of imports) | 3.7 | 2024 | ▲ 15.4% | WB |
| Official Exchange Rate (per USD) | 14.53 | 2024 | ▲ 3.6% | WB |
| PPP Conversion Factor | 7.81 | 2024 | ▼ 3.1% | WB |
| Broad Money (% of GDP) | 85.2% | 2024 | ▲ 4.6% | WB |
▶Trade15 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 188.4% | 2024 | ▲ 4.2% | WB |
| Exports of Goods & Services (% of GDP) | 85.2% | 2024 | ▲ 2.1% | WB |
| Imports of Goods & Services (% of GDP) | 103.2% | 2024 | ▲ 5.9% | WB |
| Exports of Goods & Services (USD) | $1.85B | 2024 | ▲ 1.2% | WB |
| Imports of Goods & Services (USD) | $2.24B | 2024 | ▲ 5.0% | WB |
| Merchandise Exports (USD) | $556.0M | 2024 | ▲ 2.8% | WB |
| Merchandise Imports (USD) | $1.45B | 2024 | ▼ 0.3% | WB |
| FDI Inflows (% of GDP) | 10.4% | 2024 | ▼ 4.8% | WB |
| FDI Outflows (% of GDP) | -1.6% | 2024 | ▲ 9.5% | WB |
| FDI Net Inflows (USD) | $226.1M | 2024 | ▼ 5.7% | WB |
| Personal Remittances Received (USD) | $11.9M | 2024 | ▲ 4.6% | WB |
| Personal Remittances Received (% of GDP) | 0.6% | 2024 | ▲ 5.6% | WB |
| High-Tech Exports (% of manufactured) | 0.1% | 2024 | ▲ 134.1% | WB |
| Current Account Balance (% of GDP) | -8.1% | 2024 | ▼ 14.6% | WB |
| Current Account Balance (USD) | $-175.7M | 2024 | ▼ 13.6% | WB |
▶Finance7 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Stock Market Capitalization (% of GDP) | 37.4% | 2024 | ▲ 25.0% | WB |
| Stock Market Capitalization (USD) | $811.1M | 2024 | ▲ 23.8% | WB |
| Stock Market Turnover (% of GDP) | 0.1% | 2024 | ▼ 79.8% | WB |
| Listed Domestic Companies | 23 | 2024 | ▼ 4.2% | WB |
| Bank Capital to Assets Ratio (%) | 6.8% | 2021 | ▲ 9.8% | WB |
| Bank Nonperforming Loans (%) | 5.5% | 2021 | ▲ 67.0% | WB |
| Firms Using Banks to Finance Investment (%) | 17.7% | 2023 | — | WB |
▶Business Environment1 indicator · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 32 | 2023 | — | WB |
▶Private Sector6 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 8.4% | 2023 | — | WB |
| Firms with Female Top Manager (%) | 60.6% | 2023 | — | WB |
| Firms with Female Participation in Ownership (%) | 26.3% | 2023 | — | WB |
| Firms Offering Training (%) | 37.6% | 2023 | — | WB |
| Average Firm Age (years) | 12 years | 2023 | — | WB |
| Firms Using Computers (%) | 41.6% | 2023 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 121,354 | 2024 | ▲ 1.3% | WB |
| Population Growth (%) | 1.3% | 2024 | ▲ 1596.5% | WB |
| Population Density (per km²) | 260 | 2023 | ▼ 0.1% | WB |
| Surface Area (sq km) | 460 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 460 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 45.3% | 2024 | ▲ 0.4% | WB |
| Urban Population (total) | 54,961 | 2024 | ▲ 1.8% | WB |
| Rural Population (%) | 54.7% | 2024 | ▼ 0.4% | WB |
| Life Expectancy at Birth | 75.0 years | 2023 | ▲ 1.7% | WB |
| Life Expectancy, Male | 71.3 years | 2023 | ▲ 2.1% | WB |
| Life Expectancy, Female | 78.8 years | 2023 | ▲ 1.3% | WB |
| Fertility Rate (births per woman) | 2 | 2023 | ▲ 0.5% | WB |
| Birth Rate (per 1,000) | 13 | 2023 | ▼ 0.8% | WB |
| Death Rate (per 1,000) | 7.3 | 2023 | ▼ 6.4% | WB |
| Net Migration | 1,590 | 2025 | ▼ 9.0% | WB |
| Population Ages 0–14 (%) | 20.0% | 2024 | ▼ 0.9% | WB |
| Population Ages 15–64 (%) | 71.5% | 2024 | ▼ 0.0% | WB |
| Population Ages 65+ (%) | 8.5% | 2024 | ▲ 2.5% | WB |
| Age Dependency Ratio (%) | 39.8% | 2024 | ▲ 0.1% | WB |
| Old-Age Dependency Ratio (%) | 11.9% | 2024 | ▲ 2.5% | WB |
| Youth Dependency Ratio (%) | 27.9% | 2024 | ▼ 0.9% | WB |
| Mortality Rate, Adult Male (per 1,000) | 192.4 | 2023 | ▼ 6.0% | WB |
| Mortality Rate, Adult Female (per 1,000) | 95.7 | 2023 | ▼ 22.0% | WB |
▶Labor3 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Self-Employed (%) | 65.1% | 2024 | ▲ 2.8% | WB |
| Part-Time Employment (%) | 11.2% | 2024 | ▼ 36.5% | WB |
| NEET Youth (% not in education/employment) | 16.9% | 2024 | ▼ 16.9% | WB |
▶Education17 indicators · 2016–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 4.5% | 2023 | ▲ 21.7% | WB |
| Education Spending (% of govt expenditure) | 10.7% | 2025 | ▼ 18.7% | WB |
| Primary School Enrollment (%) | 93.4% | 2024 | ▼ 3.9% | WB |
| Secondary School Enrollment (%) | 70.8% | 2024 | ▼ 4.6% | WB |
| Tertiary School Enrollment (%) | 14.5% | 2024 | ▲ 3.6% | WB |
| Primary Completion Rate (%) | 94.2% | 2024 | ▲ 0.2% | WB |
| Lower Secondary Completion Rate (%) | 93.2% | 2024 | ▲ 0.0% | WB |
| Out-of-School Children, Primary | 699 | 2024 | ▲ 112.5% | WB |
| Out-of-School Girls, Primary | 323 | 2024 | ▲ 50.9% | WB |
| Primary School Teachers | 671 | 2024 | ▼ 3.0% | WB |
| Secondary School Teachers | 713 | 2024 | ▲ 1.7% | WB |
| Pupil-Teacher Ratio, Primary | 14 | 2018 | — | WB |
| Pupil-Teacher Ratio, Secondary | 11 | 2018 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 30.6% | 2016 | — | WB |
| Pupil-Teacher Ratio (Primary) | 95.3 | 2023 | ▼ 0.5% | WB |
| Education Spending, Secondary (% of govt) | 27.1% | 2016 | — | WB |
| Education Spending, Tertiary (% of govt) | 21.6% | 2016 | — | WB |
▶Health36 indicators · 2012–2024 · WHO
▶Energy & Environment14 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 7.2 | 2024 | ▲ 3.2% | WB |
| CO₂ Emissions (total kilotonnes) | 1 | 2024 | ▲ 4.6% | WB |
| Renewable Electricity Output (%) | 4.5% | 2021 | ▲ 52.3% | WB |
| Renewable Energy Consumption (%) | 1.9% | 2022 | ▲ 11.8% | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Clean Fuels for Cooking (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| PM2.5 Air Pollution (µg/m³) | 8.5 | 2020 | ▼ 9.9% | WB |
| Forest Area (%) | 73.3% | 2023 | ▲ 0.0% | WB |
| Forest Area (sq km) | 337 | 2023 | ▲ 0.0% | WB |
| Arable Land (%) | 0.3% | 2023 | ▲ 0.0% | WB |
| Terrestrial Protected Areas (%) | 32.6% | 2024 | ▼ 0.6% | WB |
| Marine Protected Areas (%) | 32.6% | 2024 | ▼ 0.6% | WB |
| Access to Basic Drinking Water (%) | 97.7% | 2024 | ▲ 0.2% | WHO |
| Access to Basic Sanitation (%) | 99.7% | 2024 | ▲ 0.0% | WHO |
▶Agriculture7 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 3.4% | 2023 | ▲ 0.0% | WB |
| Food Production Index (2014–2016=100) | 149.8 | 2022 | ▼ 0.9% | WB |
| Crop Production Index (2014–2016=100) | 101.8 | 2022 | ▼ 0.8% | WB |
| Livestock Production Index (2014–2016=100) | 189.7 | 2022 | ▼ 1.0% | WB |
| Total Fisheries Production (metric tonnes) | 139,173 | 2023 | ▲ 1.0% | WB |
| Fertilizer Consumption (kg per hectare) | 573.3 | 2023 | ▲ 13.2% | WB |
| Prevalence of Undernourishment (%) | 2.5% | 2023 | ▲ 0.0% | WB |
▶Technology10 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 87.4% | 2023 | ▲ 0.4% | WB |
| Mobile Subscriptions (per 100 people) | 185 | 2023 | ▲ 13.1% | WB |
| Fixed Broadband Subscriptions (per 100) | 30.8 | 2023 | ▲ 3.2% | WB |
| Secure Internet Servers (per million) | 139,583.4 | 2024 | ▲ 165.3% | WB |
| Patent Applications, Residents | 3 | 2020 | — | WB |
| Patent Applications, Non-Residents | 28 | 2021 | ▲ 211.1% | WB |
| Scientific Journal Articles | 20 | 2022 | ▼ 7.1% | WB |
| High-Technology Exports (USD) | $1,082 | 2024 | ▲ 52.2% | WB |
| ICT Service Exports (% of service exports) | 0.6% | 2024 | ▲ 9.6% | WB |
| ICT Service Exports (USD) | $10.5M | 2024 | ▲ 2.5% | WB |
▶Infrastructure5 indicators · 2019–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 236,917 | 2023 | ▲ 8.8% | WB |
| Air Transport, Freight (million ton-km) | 1.2 | 2023 | ▼ 30.8% | WB |
| Container Port Traffic (TEU) | 154,423 | 2019 | — | WB |
| Electricity from Oil (%) | 95.5% | 2021 | ▼ 1.6% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender7 indicators · 2018–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 20.6% | 2024 | ▼ 9.9% | WB |
| Female Labor Force Participation, 15+ (%) | 63.3% | 2024 | ▲ 3.3% | WB |
| Girls Out-of-School Rate (%) | 104.6% | 2018 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 54.5 | 2023 | ▼ 1.6% | WB |
| Gender Parity Index, Primary | 104.32 | 2018 | — | WB |
| Gender Parity Index, Secondary | 1.09 | 2021 | ▲ 0.4% | WB |
| Gender Parity in Primary Education | 1.03 | 2021 | ▼ 1.2% | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 1.63 | 2023 | ▼ 4.1% | WB |
| Government Effectiveness | 0.62 | 2023 | ▼ 5.6% | WB |
| Political Stability | 0.76 | 2023 | ▲ 0.1% | WB |
| Regulatory Quality | 0.21 | 2023 | ▼ 35.6% | WB |
| Rule of Law | 0.43 | 2023 | ▼ 6.2% | WB |
| Voice & Accountability | 0.56 | 2023 | ▼ 6.7% | WB |
| Control of Corruption (percentile rank) | 93.9% | 2023 | ▼ 0.5% | WB |
| Government Effectiveness (percentile rank) | 70.8% | 2023 | ▼ 3.2% | WB |
| Rule of Law (percentile rank) | 63.7% | 2023 | ▼ 3.6% | WB |
| Political Stability (percentile rank) | 73.9% | 2023 | ▲ 1.8% | WB |
▶Military5 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 1.2% | 2024 | ▼ 20.7% | WB |
| Military Expenditure (USD) | $26.9M | 2024 | ▼ 19.2% | WB |
| Armed Forces Personnel | 0 | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 3.4% | 2024 | ▼ 24.4% | WB |
| Intentional Homicides (per 100,000) | 8 | 2022 | ▲ 96.0% | WB |
▶Social Protection4 indicators · 2010–2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.63 | 2020 | — | WB |
| Human Capital Index, Female | 0.59 | 2010 | — | WB |
| Human Capital Index, Male | 0.57 | 2010 | — | WB |
| Learning-Adjusted Years of School | 9.7 years | 2020 | — | WB |
▶Tourism6 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 124,500 | 2020 | ▼ 70.9% | WB |
| International Tourism, Departures | 19,000 | 2020 | ▼ 75.0% | WB |
| Tourism Receipts (USD) | $228.0M | 2020 | ▼ 63.1% | WB |
| Tourism Expenditures (USD) | $39.0M | 2020 | ▼ 64.2% | WB |
| Tourism Receipts (% of total exports) | 18.4% | 2020 | — | WB |
| International Tourism, Transport Services (USD) | $7.0M | 2020 | ▼ 75.0% | WB |
▶Urban Development4 indicators · 2022–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 1.7% | 2024 | ▲ 432.5% | WB |
| Population in Slums (% of urban) | 48.7% | 2022 | ▼ 6.3% | WB |
| Rural Population Growth (%) | 1.0% | 2024 | ▲ 325.0% | WB |
| Access to Safely Managed Drinking Water (%) | 64.7% | 2024 | ▲ 0.2% | WHO |