Markets Actual Q2 Q3 Q4 Q1 2022
Currency 12.94 15.59 15.97 16.37 16.78 17.59

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -15.20 6.2 5 4.6 5.3 5.8
Unemployment Rate (%) 2.40 6 6 6 5.8 5.8
Inflation Rate (%) 9.59 9.1 7.5 6.2 4.5 1.8
Interest Rate (%) 3.00 3 3 3 3 3
Balance of Trade (USD Million) -26.50 -37.99 -78 -38.1 -38.1 -38.1
Current Account to GDP (%) -27.40 -35 -35 -35 -32 -32
Government Debt to GDP (%) 94.00 76 76 76 76 72
Government Budget (% of GDP) -19.10 -25 -25 -25 -20 -20
Corporate Tax Rate (%) 33.00 33 33 33 33 33
Personal Income Tax Rate (%) 15.00 15 15 15 15 15

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -15.20 6.2 5 4.6 5.3 5.8
GDP (USD Billion) 1.70 1.6 1.6 1.6 1.6 1.8
GDP per capita (USD) 14962.40 13600 13600 13600 13600 14700
GDP per capita PPP (USD) 29055.70 28200 28200 28200 28200 29600

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 2.40 6 6 6 5.8 5.8
Population (Million) 0.10 0.1 0.1 0.1 0.1 0.1

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 9.59 9.1 7.5 6.2 4.5 1.8
Food Inflation (%) 19.00 14.7 8.4 2.7 2.3 2.5
Inflation Rate Mom (%) 0.80 0.7 0.5 1.3 1 0.7
Producer Prices (points) 127.20 81 81 84 84 84
Producer Prices Change (%) 53.00 12 8 10 10 5
Consumer Price Index CPI (points) 123.23 123 122 122 124 126
Core Inflation Rate (%) 10.19 2.8 2.5 2.3 1.7 1.5
CPI Transportation (points) 143.14 138 135 137 143 145

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 3.00 3 3 3 3 3
Banks Balance Sheet (SCR Million) 33742.00 28700 28700 28800 28800 28400
Deposit Interest Rate (%) 3.48 3.48 3.48 3.48 3.48 3.48
Central Bank Balance Sheet (SCR Million) 13114.66 12400 12400 12400 12400 12500

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -26.50 -37.99 -78 -38.1 -38.1 -38.1
Current Account to GDP (%) -27.40 -35 -35 -35 -32 -32
Imports (USD Million) 57.12 120 120 125 125 125
Exports (USD Million) 30.62 42 42 45 45 45
Tourist Arrivals 4969.00 31500 33000 32000 32000 34500

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 94.00 76 76 76 76 72
Government Budget (% of GDP) -19.10 -25 -25 -25 -20 -20
Military Expenditure (USD Million) 21.80 26 26 28 28 28
Government Budget Value (SCR Million) -1017.00 -59.41 -59.41 -26.23 -26.23 -26.23

Taxes Actual Q2 Q3 Q4 Q1 2022
Corporate Tax Rate (%) 33.00 33 33 33 33 33
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
Sales Tax Rate (%) 15.00 15 15 15 15 15

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Credit (SCR Million) 1507.38 1727 1810 1762 1577 1668


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.