Markets Actual Q1 Q2 Q3 Q4 2020
Currency 13.81 13.95 14.29 14.64 14.99 15.73
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 3.80 7 6.4 6 5.1 5.5
Unemployment Rate (%) 3.50 3.1 3.1 3.1 3.1 3.1
Inflation Rate (%) 1.69 1.2 1.4 1.4 1.6 2
Interest Rate (%) 12.34 11.7 11.4 11.1 11 10.5
Balance of Trade (USD Million) -50.58 -37.51 -12 -8 -37.99 -38.1
Current Account to GDP (%) -17.10 -18 -18 -18 -18 -17.2
Government Debt to GDP (%) 55.00 45 45 45 45 40
Government Budget (% of GDP) 0.10 0.3 0.3 0.3 0.3 0.7
Corporate Tax Rate (%) 33.00 33 33 33 33 33
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 3.80 7 6.4 6 5.1 5.5
GDP (USD Billion) 1.59 1.65 1.65 1.65 1.65 1.7
GDP per capita (USD) 14385.30 15500 15500 15500 15500 16100
GDP per capita PPP (USD) 27114.00 29200 29200 29200 29200 30100
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 3.50 3.1 3.1 3.1 3.1 3.1
Population (Million) 0.10 0.1 0.1 0.1 0.1 0.1
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 1.69 1.2 1.4 1.4 1.6 2
Food Inflation (%) 1.34 2 2 2 2.8 2.8
Producer Prices (points) 83.30 78 79 79 81 84
Producer Prices Change (%) -5.30 -7 -6.5 4.1 -5 4.3
CPI Transportation (points) 123.78 125 126 126 126 128
Consumer Price Index Cpi (points) 112.17 113 113 113 114 116
Core Inflation Rate (%) 1.49 1.2 1 1.3 1.6 1.7
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 12.34 11.7 11.4 11.1 11 10.5
Deposit Interest Rate (%) 3.29 2.65 2.35 2.05 1.95 1.95
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -50.58 -37.51 -12 -8 -37.99 -38.1
Current Account to GDP (%) -17.10 -18 -18 -18 -18 -17.2
Imports (USD Million) 86.03 105 76 68 120 125
Exports (USD Million) 35.45 70 64 60 42 45
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 55.00 45 45 45 45 40
Government Budget (% of GDP) 0.10 0.3 0.3 0.3 0.3 0.7
Military Expenditure (USD Million) 22.30 26 26 26 26 28
Government Budget Value (SCR Million) -151.00 -120 -120 -120 -59.41 -26.23
Taxes Actual Q1 Q2 Q3 Q4 2020
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 Q1 Q2 Q3 Q4 2020
Consumer Credit (SCR Million) 1677.00 1673 1702 1724 1709 1803


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.