Seychelles

Seychelles Economic Outlook

  • Growth slowed to 4.8% in 2016 from 5.7% in 2015 after a robust period of growth that allowed Seychelles to reach high-income status in 2015.
  • The medium-term outlook is moderate, with real GDP projected to grow at 3.5% in 2017 and 3.3% in 2018, driven by tourism, ICT and fisheries.
  • Enhanced attention to entrepreneurship, skills development and improved financial inclusion will help Seychelles achieve a more inclusive and sustainable growth performance with greater diversification.

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Key Facts

Flag:
Capital: Victoria
Area: 80,469 sq km
Total Population 2017: 100,000.0
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 1.9 Billion
GNI Per Capita 2015: US$ 14,760
Inflation Rate: 2.56%
Crude Birth Rate (per 1000): 16.00%
Human Development Index (rank / 188): 63
Human Development Index (scale 0 to 1): 0.782
Membership Date: 01/04/1977
Cumulative Approvals (1967-2016): UA 151.2 Million

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Location

Activity



Resources



Contacts

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director