Markets Actual Q2 Q3 Q4 Q1 2021
Currency 17.48 17.91 18.36 18.81 19.28 20.21

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Annual Growth Rate (%) 5.50 -5 -7 -10 5 5.5
Unemployment Rate (%) 3.50 5 5 5 6 6
Inflation Rate (%) -0.18 0.6 1.4 1.6 1.2 1.8
Interest Rate (%) 4.00 4 3 3 3 4.5
Balance of Trade (USD Million) -79.89 -12 -8 -37.99 -78 -38.1
Current Account to GDP (%) -17.10 -18 -18 -18 -17.2 -17.2
Government Debt to GDP (%) 55.00 80 80 80 58 58
Government Budget (% of GDP) 0.10 -6 -6 -6 2 2
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 2021
GDP Annual Growth Rate (%) 5.50 -5 -7 -10 5 5.5
GDP (USD Billion) 1.60 1.65 1.65 1.65 1.7 1.7
GDP per capita (USD) 14385.30 14226 15500 15500 16100 16100
GDP per capita PPP (USD) 27114.00 29200 29200 29200 26814 30100

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 3.50 5 5 5 6 6
Population (Million) 0.10 0.1 0.1 0.1 0.1 0.1

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) -0.18 0.6 1.4 1.6 1.2 1.8
Food Inflation (%) 0.78 1 1.3 1.2 0.8 1
Inflation Rate Mom (%) 0.01 0.4 0.3 0.4 0.3 0.3
Producer Prices (points) 79.60 79 79 81 81 84
Producer Prices Change (%) -8.40 -6.5 -4.1 -3 -5 2
Consumer Price Index Cpi (points) 111.67 113 113 114 114 116
Core Inflation Rate (%) 1.22 1 1.3 1.6 1.4 1.7
CPI Transportation (points) 124.14 125 126 126 127 128

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 4.00 4 3 3 3 4.5
Deposit Interest Rate (%) 3.29 3.29 2.29 2.29 2.29 2.79

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (USD Million) -79.89 -12 -8 -37.99 -78 -38.1
Current Account to GDP (%) -17.10 -18 -18 -18 -17.2 -17.2
Imports (USD Million) 115.20 76 68 120 120 125
Exports (USD Million) 35.30 64 60 42 42 45
Tourist Arrivals 18067.00 22000 20000 34400 33500 38500

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 55.00 80 80 80 58 58
Government Budget (% of GDP) 0.10 -6 -6 -6 2 2
Military Expenditure (USD Million) 22.30 26 26 26 26 28
Government Budget Value (SCR Million) 214.00 -120 -120 -59.41 -59.41 -26.23

Taxes Actual Q2 Q3 Q4 Q1 2021
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 2021
Consumer Credit (SCR Million) 1677.00 1520 1512 1509 1761 1592


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.