Markets Actual Q3 Q4 Q1 Q2 2023
Currency 13.46 14.81 16.29 17.91 19.7 23.84

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 14.00 4 5 5.1 6 5.9
Unemployment Rate (%) 3.00 3.4 3.4 3.6 3.6 3.6
Inflation Rate (%) 3.53 2 1.8 1.6 1.8 2
Interest Rate (%) 2.00 3 3 3 3 3
Balance of Trade (USD Million) -41.49 -47 -51 -33 -35 -40
Current Account to GDP (% of GDP) -27.40 -32 -32 -32 -32 -23
Government Debt to GDP (% of GDP) 94.00 75 75 75 75 70
Government Budget (% of GDP) -19.10 -5 -5 -5 -5 -4
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 2023
GDP Annual Growth Rate (%) 14.00 4 5 5.1 6 5.9
GDP (USD Billion) 1.32 1.4 1.4 1.4 1.4 1.6
GDP per capita (USD) 15713.46 15500 15500 15500 15500 15800
GDP per capita PPP (USD) 27159.66 28200 29600 29600 29600 29600

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 3.00 3.4 3.4 3.6 3.6 3.6
Population (Million) 0.10 0.1 0.1 0.1 0.1 0.1

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 3.53 2 1.8 1.6 1.8 2
Food Inflation (%) 0.60 0.8 1.3 0.8 0.8 1.6
Inflation Rate Mom (%) 1.74 0.3 0.1 0.2 0.3 0.2
Producer Prices (points) 100.20 98.02 102 96.62 103 104
Producer Prices Change (%) 0.20 2 3 1.6 2.4 2
Consumer Price Index CPI (points) 129.49 128 128 128 130 130
Core Inflation Rate (%) 1.32 1.2 1.4 2.1 1.7 1.8
CPI Transportation (points) 154.69 155 155 156 156 156

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 2.00 3 3 3 3 3
Banks Balance Sheet (SCR Million) 32891.53 28800 28400 28400 28400 28400
Deposit Interest Rate (%) 2.86 2.86 3.86 3.86 3.86 3.86
Money Supply M1 (SCR Million) 8018.00 8000 7870 8050 7900 7800
Money Supply M2 (SCR Million) 14212.00 13800 14200 14500 14050 14000
Money Supply M3 (SCR Million) 26386.00 26700 27000 26800 27100 27400
Central Bank Balance Sheet (SCR Million) 11421.55 12400 12500 12500 12500 12500

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Million) -41.49 -47 -51 -33 -35 -40
Current Account to GDP (% of GDP) -27.40 -32 -32 -32 -32 -23
Imports (USD Million) 93.63 87 94 78 82 90
Exports (USD Million) 52.10 40 43 45 47 50
Tourist Arrivals 31124.00 32000 34500 34500 34500 34500

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 94.00 75 75 75 75 70
Government Budget (% of GDP) -19.10 -5 -5 -5 -5 -4
Military Expenditure (USD Million) 24.00 28 28 28 28 28
Government Budget Value (SCR Million) -130.00 -26.23 -26.23 -26.23 -26.23 -26.23

Taxes Actual Q3 Q4 Q1 Q2 2023
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

Business Actual Q3 Q4 Q1 Q2 2023
Industrial Production (%) -5.70 -10 -8 -4.5 2 1.5
Industrial Production Mom (%) 30.90 12 -15 -12 3 2.16

Consumer Actual Q3 Q4 Q1 Q2 2023
Private Sector Credit (SCR Million) 8706.00 8800 8670 8710 8650 8600
Consumer Credit (SCR Million) 1244.47 1294 1307 1308 1319 1384


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Seychelles Forecast - was last updated on Sunday, August 14, 2022.