Markets Actual Q3 Q4 Q1 Q2 2021
Currency 17.23 18.2 18.65 19.12 19.59 20.54

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 1.90 -7.5 -10 5 6.2 5.6
Unemployment Rate (%) 3.50 5 5 6 6 6
Inflation Rate (%) 0.97 0.8 1.2 1.3 1.5 1.6
Interest Rate (%) 3.00 3 3 3 4 4.5
Balance of Trade (USD Million) -6.72 -8 -37.99 -78 -78 -38.1
Current Account to GDP (%) -17.10 -18 -18 -17.2 -17.2 -17.2
Government Debt to GDP (%) 55.00 80 80 58 58 58
Government Budget (% of GDP) 0.10 -6 -6 2 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 Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 1.90 -7.5 -10 5 6.2 5.6
GDP (USD Billion) 1.70 1.4 1.4 1.6 1.6 1.6
GDP per capita (USD) 14962.40 13000 13000 13600 13600 13600
GDP per capita PPP (USD) 29055.70 27500 27500 28200 28200 28200

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

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 0.97 0.8 1.2 1.3 1.5 1.6
Food Inflation (%) 3.92 1.3 1.2 0.8 1 1
Inflation Rate Mom (%) 0.85 0.3 0.4 0.3 0.2 0.3
Producer Prices (points) 79.60 79 81 81 81 84
Producer Prices Change (%) -8.40 -4.1 -3 -3 0.3 2
Consumer Price Index CPI (points) 113.07 113 114 114 114 115
Core Inflation Rate (%) 1.71 1.3 1.4 0.9 1.1 1.2
CPI Transportation (points) 125.40 125 125 128 126 127

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 3.00 3 3 3 4 4.5
Banks Balance Sheet (SCR Million) 27632.64 28700 28650 28580 28700 28800
Deposit Interest Rate (%) 3.58 3.29 2.29 2.29 2.29 2.79
Central Bank Balance Sheet (SCR Million) 12535.51 12250 12300 12350 12400 12400

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -6.72 -8 -37.99 -78 -78 -38.1
Current Account to GDP (%) -17.10 -18 -18 -17.2 -17.2 -17.2
Imports (USD Million) 59.28 68 120 120 120 125
Exports (USD Million) 52.57 60 42 42 42 45
Tourist Arrivals 140.00 12000 15000 25000 31500 32000

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 55.00 80 80 58 58 58
Government Budget (% of GDP) 0.10 -6 -6 2 2 2
Military Expenditure (USD Million) 22.30 26 26 26 26 28
Government Budget Value (SCR Million) -353.00 -120 -59.41 -59.41 -59.41 -26.23

Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2021
Consumer Credit (SCR Million) 1677.00 1504 1509 1761 1781 1594


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.