Economy of Seychelles

Imports
Imports commoditiesmachinery and equipment, foodstuffs, petroleum products, chemicals, other manufactured goods
Import partnersSaudi Arabia 24%, Spain 12.1%, France 5.9% (2012)
Exports
Exports commoditiescanned tuna, frozen fish, cinnamon bark, copra, petroleum products (reexports)
Export partnersFrance 27.7%, UK 17.6%, Japan 15.2%, Italy 10.6% (2012)
Economy sectors
Agriculture productscoconuts, cinnamon, vanilla, sweet potatoes, cassava (tapioca), copra, bananas; poultry; tuna
Industrial productsfishing, tourism, processing of coconuts and vanilla, coir (coconut fiber) rope, boat building, printing, furniture; beverages
Economy
Unemployment2.00 % (2006)
GDP - Official Exchange Rate1.27 Billion $ (2013)1.02 Billion $ (2012)1.06 Billion $ (2011)
GDP - Official Exchange Rate of Seychelles
GDP growth rate3.30 % (2013)2.90 % (2012)5.10 % (2011)
GDP growth rate of Seychelles
GDP per Capita (PPP)25,900 $ (2013)25,000 $ (2012)25,800 $ (2011)
GDP per Capita (PPP) of Seychelles
GDP - Purchasing Power Parity2.40 Billion $ (2013)2.30 Billion $ (2012)2.34 Billion $ (2011)
GDP - Purchasing Power Parity of Seychelles
GDP PPP per land area5.28 Million $ per square kilometer (2013)5.04 Million $ per square kilometer (2012)5.14 Million $ per square kilometer (2011)
GDP PPP per land area of Seychelles
ElectricityBanking
Central bank discount rate11.2 % (2010)0.00 % (2009)0.00 % (2008)
Central bank discount rate of Seychelles
Commercial bank prime lending rate12.4 % (2013)12.2 % (2012)11.2 % (2011)
Commercial bank prime lending rate of Seychelles
GDP decomposition by sector
Agriculture % of GDP2.00 % (2013)2.00 % (2012)
Industry % of GDP18.7 % (2013)18.6 % (2012)
Services % of GDP79.4 % (2013)79.4 % (2012)
Tourism
International tourism, number of arrivals208 Thousand (2012)194 Thousand (2011)175 Thousand (2010)
International tourism, number of arrivals of Seychelles
International tourism, number of departures54,000 (2012)57,000 (2011)59,000 (2010)
International tourism, number of departures of Seychelles
Yearly Tourist arrivals to residents ratio231 % (2012)218 % (2011)195 % (2010)
Yearly Tourist arrivals to residents ratio of Seychelles
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)51.8 % of GDP (2013)68.4 % of GDP (2012)44.4 % of GDP (2011)
Public debt (Percentage of GDP) of Seychelles
Current Account Balance (Percentage of GDP)-26.98 % of GDP (2012)-26.92 % of GDP (2011)-22.03 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Seychelles
External Debt Stocks (Percentage of GNI)206 % of GNI (2012)176 % of GNI (2011)161 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Seychelles
Short-term debt (percentage of total external debt)73.8 % of total external debt (2012)71.5 % of total external debt (2011)65.9 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Seychelles
Current Account Balance (Total)-140.00 Million $ (2013)-208.90 Million $ (2012)-211.10 Million $ (2011)
Current Account Balance (Total) of Seychelles
External Debt (Total)1.72 Billion $ (2013)1.73 Billion $ (2012)1.48 Billion $ (2011)
External Debt (Total) of Seychelles
External Debt (Percentage of GDP)135 % of GDP (2013)170 % of GDP (2012)139 % of GDP (2011)
External Debt (Percentage of GDP) of Seychelles
External Debt per Capita18,922 $ (2013)19,250 $ (2012)16,538 $ (2011)
External Debt per Capita of Seychelles