Markets Actual Q1 Q2 Q3 Q4 2022
Currency 20.76 21.43 21.96 22.51 23.06 24.18

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -18.50 1.5 6.2 5 5 5.4
Unemployment Rate (%) 3.50 6 6 6 6 5.8
Inflation Rate (%) 3.78 1.7 1.6 1.5 1.6 1.8
Interest Rate (%) 3.00 3 3 3 3 3
Balance of Trade (USD Million) -41.41 -37.99 -78 -78 -38.1 -38.1
Current Account to GDP (%) -17.00 -14 -14 -14 -14 -15
Government Debt to GDP (%) 57.00 76 76 76 76 72
Government Budget (% of GDP) 0.10 -6.5 -6.5 -6.5 -6.5 2
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 2022
GDP Annual Growth Rate (%) -18.50 1.5 6.2 5 5 5.4
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 Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 3.50 6 6 6 6 5.8
Population (Million) 0.10 0.1 0.1 0.1 0.1 0.1

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 3.78 1.7 1.6 1.5 1.6 1.8
Food Inflation (%) 5.23 3 2.7 2.4 2.7 1.3
Inflation Rate Mom (%) 0.11 0.3 0.2 0.2 0.3 0.5
Producer Prices (points) 112.80 81 81 81 84 84
Producer Prices Change (%) 36.50 15 12 8 10 5
Consumer Price Index CPI (points) 116.41 115 114 114 122 116
Core Inflation Rate (%) 3.38 2.5 1.8 1.3 1.3 1.5
CPI Transportation (points) 134.32 126 128 126 137 129

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 3.00 3 3 3 3 3
Banks Balance Sheet (SCR Million) 30996.74 28580 28700 28700 28800 28400
Deposit Interest Rate (%) 3.58 3.58 3.58 3.58 3.58 3.58
Central Bank Balance Sheet (SCR Million) 12861.95 12350 12400 12400 12400 12500

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) -41.41 -37.99 -78 -78 -38.1 -38.1
Current Account to GDP (%) -17.00 -14 -14 -14 -14 -15
Imports (USD Million) 69.00 120 120 120 125 125
Exports (USD Million) 27.59 42 42 42 45 45
Tourist Arrivals 12406.00 25000 31500 33000 32000 34500

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 57.00 76 76 76 76 72
Government Budget (% of GDP) 0.10 -6.5 -6.5 -6.5 -6.5 2
Military Expenditure (USD Million) 22.30 26 26 26 28 28
Government Budget Value (SCR Million) -1298.00 -59.41 -59.41 -59.41 -26.23 -26.23

Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2022
Consumer Credit (SCR Million) 1644.00 1670 1727 1810 1762 1754


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.