SYC · Sub-Saharan Africa /

Location

GDP per capita: 17,859 USD (PPP: 33,239 intl$) · Total GDP: 2.2 billion USD (2024)

Income and purchasing power

The average monthly income in Seychelles is 1,455 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
GDP 2.17 billion USD 17,859 USD
Gross National Product (GNI) 17,460 USD
GDP (PPP) 33,239 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 2.17 17,859
2023 2.19 18,263
2022 2.02 16,837
2021 1.49 14,983
2020 1.38 14,041
2019 1.87 19,142
2018 1.78 18,440
2017 1.68 17,480
2016 1.57 16,567
2015 1.43 15,333
2014 1.39 15,188
2013 1.33 14,821
2012 1.09 12,337
2011 1.06 12,110
2010 0.98 10,935
2009 0.85 9,747
2008 0.98 11,265
2007 1.08 12,669
2006 1.08 12,783
2005 0.98 11,802
2004 0.89 10,828
2003 0.75 9,070
2002 0.74 8,864
2001 0.66 8,153
2000 0.65 8,064
1999 0.66 8,243
1998 0.65 8,210
1997 0.60 7,747
1996 0.54 7,004
1995 0.54 7,181
1994 0.52 6,975
1993 0.50 6,979
1992 0.46 6,520
1991 0.40 5,655
1990 0.39 5,642
1989 0.32 4,689
1988 0.30 4,392
1987 0.27 3,872
1986 0.22 3,368
1985 0.18 2,754
1984 0.16 2,488
1983 0.16 2,426
1982 0.16 2,441
1981 0.16 2,557
1980 0.16 2,478
1979 0.13 2,030
1978 0.09 1,377
1977 0.06 1,044
1976 0.05 814
1975 0.05 806
1974 0.04 745
1973 0.04 649
1972 0.03 547
1971 0.02 402
1970 0.02 344
1969 0.02 314
1968 0.02 314
1967 0.02 333
1966 0.02 338
1965 0.02 328
1964 0.02 332
1963 0.01 308
1962 0.01 287
1961 0.01 270
1960 0.01 288

Largest economic sectors

The main economic sectors in Seychelles play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Seychelles Per Capita
Imports 2.24 billion USD (103.2% of GDP)
Exports 1.85 billion USD (85.2% of GDP)

Household debt and deficits 2024

Indicator Seychelles
Government debt 3.79 billion USD (174.7% of GDP)

Corruption in Seychelles

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Inflation rates in percentages 1971 - 2024

Year Inflation Rate (%)
2024 0.3%
2023 -1.0%
2022 2.6%
2021 9.8%
2020 1.2%
2019 1.8%
2018 3.7%
2017 2.9%
2016 -1.0%
2015 4.0%
2014 1.4%
2013 4.3%
2012 7.1%
2011 2.6%
2010 -2.4%
2009 31.8%
2008 37.0%
2007 5.3%
2006 -0.4%
2005 0.9%
2004 3.9%
2003 3.3%
2002 0.2%
2001 6.0%
2000 6.3%
1999 6.3%
1998 2.6%
1997 0.6%
1996 -1.1%
1995 -0.2%
1994 1.7%
1993 1.4%
1992 3.2%
1991 2.0%
1990 3.9%
1989 1.6%
1988 1.8%
1987 2.6%
1986 0.2%
1985 0.8%
1984 4.1%
1983 6.1%
1982 -0.9%
1981 10.6%
1980 13.6%
1979 12.5%
1978 11.8%
1977 15.0%
1976 14.9%
1975 18.6%
1974 24.4%
1973 18.2%
1972 20.9%
1971 14.6%

Frequently Asked Questions

What is the GDP per capita of Seychelles in 2024?

The GDP per capita of Seychelles is 17,859 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 33,239 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Seychelles?

The main economic sectors in Seychelles include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Seychelles in 2024?

The inflation rate in Seychelles is 0.3% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Seychelles including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Seychelles's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Seychelles's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026