Seychelles recorded a Current Account deficit of 27.40 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Seychelles

Current Account to GDP in Seychelles averaged -12.67 percent from 1976 until 2020, reaching an all time high of 6.44 percent in 1994 and a record low of -28.90 percent in 2007. This page provides - Seychelles Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Current Account to GDP - values, historical data and charts - was last updated on October of 2021.

Current Account to GDP in Seychelles is expected to reach -35.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Seychelles Current Account to GDP is projected to trend around -32.00 percent in 2022 and -23.00 percent in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Seychelles Current Account to GDP

Seychelles Last Unit Reference Previous Highest Lowest
Balance of Trade -53.26 USD Million Aug/21 -32.06 -2.91 -192.00
Current Account -65.20 USD Million Jun/21 -190.80 13.10 -375.00
Current Account to GDP -27.40 percent of GDP Dec/20 -16.50 6.44 -28.90
Imports 86.35 USD Million Aug/21 74.85 244.70 28.59
Exports 33.08 USD Million Aug/21 42.79 82.51 7.83
Capital Flows -123.20 USD Million Mar/21 -44.20 457.40 -123.20
External Debt 6049.00 SCR Million Aug/21 6784.00 10057.00 1865.02
Foreign Direct Investment 45.50 USD Million Mar/21 40.80 95.20 16.70

Seychelles Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.