Seychelles recorded a government budget deficit of 1261 SCR Million in the second quarter of 2020.

Government Budget Value in Seychelles averaged 4.04 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 -1261 SCR Million in the second 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 October of 2020.

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 -59.41 in 12 months time. In the long-term, the Seychelles Government Budget Value is projected to trend around -26.23 SCR Million in 2021, according to our econometric models.

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Seychelles Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1261.00 -353.00 317.70 -1261.00 2011 - 2020 SCR Million Quarterly
Current Prices, NSA

Seychelles Government Last Previous Highest Lowest Unit
Government Debt to GDP 55.00 62.00 87.00 49.00 percent [+]
Government Budget 0.10 -0.10 10.59 -14.96 percent of GDP [+]
Government Revenues 1495.00 1814.00 2655.00 442.00 SCR Million [+]
Government Debt 17156.00 15823.00 17156.00 8619.00 SCR Million [+]
Fiscal Expenditure 2756.00 2167.00 2775.00 405.00 SCR Million [+]
Military Expenditure 22.30 22.30 32.30 7.80 USD Million [+]
Credit Rating 45.00 [+]
Government Budget Value -1261.00 -353.00 317.70 -1261.00 SCR Million [+]
Government Spending 1324.50 1388.50 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.