Seychelles recorded a government budget deficit of 1017 SCR Million in the fourth quarter of 2020. source: Central Bank of Seychelles

Government Budget Value in Seychelles averaged -54.03 SCR Million from 2011 until 2020, reaching an all time high of 317.70 SCR Million in the first quarter of 2011 and a record low of -1298 SCR Million in the third quarter of 2020. This page provides - Seychelles Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Government Budget Value - values, historical data and charts - was last updated on April of 2021.

Government Budget Value in Seychelles is expected to be -59.41 SCR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Seychelles to stand at -26.23 in 12 months time. In the long-term, the Seychelles Government Budget Value is projected to trend around -26.23 SCR Million in 2022, according to our econometric models.

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Seychelles Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1017.00 -1298.00 317.70 -1298.00 2011 - 2020 SCR Million Quarterly
Current Prices, NSA

Seychelles Government Last Previous Highest Lowest Unit
Government Debt to GDP 94.00 57.00 94.00 49.00 percent [+]
Government Budget -19.10 0.20 10.59 -19.10 percent of GDP [+]
Government Revenues 2175.00 1765.00 2655.00 442.00 SCR Million [+]
Government Debt 19441.00 19093.00 19441.00 8619.00 SCR Million [+]
Fiscal Expenditure 3191.00 3064.00 3191.00 405.00 SCR Million [+]
Military Expenditure 21.80 22.60 31.20 7.90 USD Million [+]
Credit Rating 35.00 [+]
Government Budget Value -1017.00 -1298.00 317.70 -1298.00 SCR Million [+]
Government Spending 1257.50 1193.90 1546.00 685.00 SCR Million [+]


Seychelles Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.