Government Budget in Seychelles decreased to -0.10 percent of GDP in 2019 from 0.10 percent of GDP in 2018. source: Central Bank of Seychelles

Government Budget in Seychelles averaged -2.34 percent of GDP from 1993 until 2019, reaching an all time high of 10.59 percent of GDP in 2003 and a record low of -14.96 percent of GDP in 1998. This page provides - Seychelles Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Government Budget - values, historical data and charts - was last updated on February of 2021.

Government Budget in Seychelles is expected to reach -6.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Seychelles Government Budget is projected to trend around 2.00 percent of GDP in 2022, according to our econometric models.

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Seychelles Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.10 10.59 -14.96 1993 - 2019 percent of GDP Yearly

Seychelles Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.00 55.00 87.00 49.00 percent [+]
Government Budget -0.10 0.10 10.59 -14.96 percent of GDP [+]
Government Revenues 1765.00 1495.00 2655.00 442.00 SCR Million [+]
Government Debt 19093.00 18085.00 19093.00 8619.00 SCR Million [+]
Fiscal Expenditure 3064.00 2756.00 3064.00 405.00 SCR Million [+]
Military Expenditure 22.30 22.30 32.30 7.80 USD Million [+]
Credit Rating 35.00 [+]
Government Budget Value -1298.00 -1261.00 317.70 -1298.00 SCR Million [+]
Government Spending 1257.50 1193.90 1546.00 685.00 SCR Million [+]

Seychelles Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.