Seychelles recorded a government budget deficit of 151 SCR Million in the third quarter of 2019.

Government Budget Value in Seychelles averaged 44.39 SCR Million from 2011 until 2019, reaching an all time high of 317.70 SCR Million in the first quarter of 2011 and a record low of -390 SCR Million in the fourth quarter of 2017. This page provides - Seychelles Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Budget Value in Seychelles is expected to be -120.43 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 -120.43 in 12 months time. In the long-term, the Seychelles Government Budget Value is projected to trend around -26.23 SCR Million in 2020, according to our econometric models.

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Seychelles Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-151.00 124.00 317.70 -390.00 2011 - 2019 SCR Million Quarterly
Current Prices, NSA

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.

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 2064.00 1932.00 2655.00 442.00 SCR Million [+]
Government Debt 11688.00 11700.00 12750.00 8619.00 SCR Million [+]
Fiscal Expenditure 2216.00 1808.00 2775.00 405.00 SCR Million [+]
Military Expenditure 22.30 22.30 32.30 7.80 USD Million [+]
Government Budget Value -151.00 124.00 317.70 -390.00 SCR Million [+]
Government Spending 1204.00 1167.00 1546.00 685.00 SCR Million [+]
Credit Rating 40.00 [+]