Seychelles - Economic Indicators

Economic Overview

Since independence in 1976, per capita output in this Indian Ocean archipelago has expanded to roughly seven times the pre-independence, near-subsistence level, moving the island into the upper-middle-income group of countries. Growth has been led by the tourist sector, which employs about 30% of the labor force and provides more than 70% of hard currency earnings, and by tuna fishing. In recent years, the government has encouraged foreign investment to upgrade hotels and other services. At the same time, the government has moved to reduce the dependence on tourism by promoting...

Continue reading View Factbook for Seychelles

GDP Reference Last Previous Units Frequency
Private Consumption 2016 8,939,672,578 8,731,346,793 SCR Annual
Nominal Gross Domestic Product 2016 19,032,650,399 18,335,614,056 SCR Annual
Investment 2016 5,750,911,839 6,195,436,934 SCR Annual
Nominal Fixed Investment (gross fixed capital formation) 2015 6,465,000,000 6,767,000,000 NCU Annual
Real Private Consumption 2006 2,429,000,000 NCU Annual
Real Government Consumption 2006 2,213,307,900 NCU Annual
Real Fixed Investment (gross fixed capital formation) 2006 1,708,000,000 NCU Annual
Real Investment 2006 1,708,000,000 NCU Annual
Government Consumption 2005 883.14 1,018 Mil. SCR Annual
Real Gross Domestic Product 2001 100.95 100 Index 2000=100 Annual
Price Reference Last Previous Units Frequency
Consumer Price Index (CPI) Jan 2018 126.52 123.98 2010=100, NSA Monthly
Labor Reference Last Previous Units Frequency
Wage & Salaries 2016 2,047,527,661 1,209,275,520 NCU Annual
Total Employment Sep 2009 42,390 42,066 #, NSA Monthly
Labor Force Employment Sep 2009 42,390 42,066 #, NSA Monthly
Trade Reference Last Previous Units Frequency
Exports of Goods 2017 Q1 117,614,170 116,194,496 USD, NSA Quarterly
Imports of Goods 2017 Q1 272,009,808 260,066,020 USD, NSA Quarterly
Balance of Goods 2017 Q1 -154,395,638 -143,871,524 USD, NSA Quarterly
Current Account Balance 2017 Q1 -70,759,216 -59,686,955 USD, NSA Quarterly
Exports of Goods and Services 2016 17,820,709,836 17,276,264,620 SCR Annual
Imports of Goods and Services 2016 19,727,867,225 18,920,885,707 SCR Annual
Real Exports of Goods and Services 2006 4,733,280,700 NCU Annual
Real Imports of Goods and Services 2006 5,640,073,400 NCU Annual
Government Reference Last Previous Units Frequency
Government Revenues 2016 6,923,965,770 6,227,637,884 NCU Annual
Outstanding Public Debt 2015 11,616,521,354 11,784,224,932 NCU Annual
Government Expenditures 2014 20,871,090,800 18,269,249,500 NCU Annual
Government Budget Balance 2010 7,620,074 -167,180,077 current LCU Annual
Markets Reference Last Previous Units Frequency
Treasury Bills (over 31 days) Oct 2017 3.65 4.36 % p.a., NSA Monthly
Average Long-term Government Bond May 2017 5 5 % Monthly
Lending Rate Nov 2008 13.17 8.88 % - End of period Monthly
Business Reference Last Previous Units Frequency
Real Change in Inventories 2013 0 0 NCU Annual
Change in Inventories 2013 0 0 NCU Annual
Demographics Reference Last Previous Units Frequency
Population 2016 94,677 93,419 # Annual
Birth Rate 2015 17 17 # per Ths. pop. Annual
Death Rate 2015 7.5 7.9 # per Ths. pop. Annual
Net Migration 2012 -2,201 # Annual

Factbook

Background

Background:
A lengthy struggle between France and Great Britain for the islands ended in 1814, when they were ceded to the latter. Independence came in 1976. Single-party rule was brought to a close with a new constitution and free elections in 1993. President France-Albert RENE, who had served since 1977, was reelected in 2001, but stepped down in 2004. Vice President James Alix MICHEL took over the presidency and in July 2006 was elected to a new five-year term; he was reelected in May 2011 and again in December 2015. In October 2016, James MICHEL resigned and handed over the presidency to his Vice-President Danny FAURE.

Geography

Location:
archipelago in the Indian Ocean, northeast of Madagascar
Geographic coordinates:
4 35 S, 55 40 E
Map references:
Africa
Area:
total: 455 sq km
land: 455 sq km
water: 0 sq km
country comparison to the world: 199
Area - comparative:
2.5 times the size of Washington, DC
Land boundaries:
0 km
Coastline:
491 km
Maritime claims:
territorial sea: 12 nm
contiguous zone: 24 nm
exclusive economic zone: 200 nm
continental shelf: 200 nm or to the edge of the continental margin
Climate:
tropical marine; humid; cooler season during southeast monsoon (late May to September); warmer season during northwest monsoon (March to May)
Terrain:
Mahe Group is volcanic with a narrow coastal strip and rocky, hilly interior; others are coral, flat, elevated reefs
Elevation:
mean elevation: NA
elevation extremes: lowest point: Indian Ocean 0 m
highest point: Morne Seychellois 905 m
Natural resources:
fish, coconuts (copra), cinnamon trees
Land use:
agricultural land: 6.5%
arable land 2.2%; permanent crops 4.3%; permanent pasture 0%
forest: 88.5%
other: 5% (2011 est.)
Irrigated land:
3 sq km (2012)
Population - distribution:
more than three-quarters of the population lives on the main island of Mahe; Praslin contains less than 10%; a smaller percent on La Digue and the outer islands
Natural hazards:
lies outside the cyclone belt, so severe storms are rare; occasional short droughts
Environment - current issues:
water supply depends on catchments to collect rainwater
Environment - international agreements:
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands
signed, but not ratified: none of the selected agreements
Geography - note:
smallest African country; the constitution of the Republic of Seychelles lists 155 islands: 42 granitic and 113 coralline; by far the largest island is Mahe, which is home to about 90% of the population and the site of the capital city of Victoria

People & Society

Population:
93,920 (July 2017 est.)
country comparison to the world: 198
Nationality:
noun: Seychellois (singular and plural)
adjective: Seychellois
Ethnic groups:
mixed French, African, Indian, Chinese, and Arab
Languages:
Seychellois Creole (official) 89.1%, English (official) 5.1%, French (official) 0.7%, other 3.8%, unspecified 1.4% (2010 est.)
Religions:
Roman Catholic 76.2%, Protestant 10.5% (Anglican 6.1%, Pentecostal Assembly 1.5%, Seventh Day Adventist 1.2%, other Protestant 1.7), other Christian 2.4%, Hindu 2.4%, Muslim 1.6%, other non-Christian 1.1%, unspecified 4.8%, none 0.9% (2010 est.)
Demographic profile:
Seychelles has no indigenous population and was first permanently settled by a small group of French planters, African slaves, and South Indians in 1770. Seychelles’ modern population is composed of the descendants of French and later British settlers, Africans, and Indian, Chinese, and Middle Eastern traders and is concentrated on three of its 155 islands – the vast majority on Mahe and lesser numbers on Praslin and La Digue. Seychelles’ population grew rapidly during the second half of the 20th century, largely due to natural increase, but the pace has slowed because of fertility decline. The total fertility rate dropped sharply from 4.0 children per woman in 1980 to 1.9 in 2015, mainly as a result of a family planning program, free education and health care, and increased female labor force participation. Life expectancy has increased steadily, but women on average live 9 years longer than men, a difference that is higher than that typical of developed countries.
The combination of reduced fertility and increased longevity has resulted in an aging population, which will put pressure on the government’s provision of pensions and health care. Seychelles’ sustained investment in social welfare services, such as free primary health care and education up to the post-secondary level, have enabled the country to achieve a high human development index score – among the highest in Africa. Despite some of its health and education indicators being nearly on par with Western countries, Seychelles has a high level of income inequality.
An increasing number of migrant workers – mainly young men – have been coming to Seychelles in recent years to work in the construction and tourism industries. As of 2011, foreign workers made up nearly a quarter of the workforce. Indians are the largest non-Seychellois population – representing half of the country’s foreigners – followed by Malagasy.
Age structure:
0-14 years: 19.88% (male 9,578/female 9,089)
15-24 years: 13.24% (male 6,536/female 5,898)
25-54 years: 49.36% (male 24,585/female 21,775)
55-64 years: 9.88% (male 4,758/female 4,522)
65 years and over: 7.64% (male 2,868/female 4,311) (2017 est.)
population pyramid:
Dependency ratios:
total dependency ratio: 42.8
youth dependency ratio: 31
elderly dependency ratio: 11.7
potential support ratio: 8.5 (2015 est.)
Median age:
total: 35.4 years
male: 34.9 years
female: 36 years (2017 est.)
country comparison to the world: 76
Population growth rate:
0.77% (2017 est.)
country comparison to the world: 134
Birth rate:
13.7 births/1,000 population (2017 est.)
country comparison to the world: 142
Death rate:
7 deaths/1,000 population (2017 est.)
country comparison to the world: 132
Net migration rate:
1 migrant(s)/1,000 population (2017 est.)
country comparison to the world: 58
Population distribution:
more than three-quarters of the population lives on the main island of Mahe; Praslin contains less than 10%; a smaller percent on La Digue and the outer islands
Urbanization:
urban population: 54.5% of total population (2017)
rate of urbanization: 1.02% annual rate of change (2015-20 est.)
Major urban areas - population:
VICTORIA (capital) 26,000 (2014)
Sex ratio:
at birth: 1.03 male(s)/female
0-14 years: 1.05 male(s)/female
15-24 years: 1.1 male(s)/female
25-54 years: 1.12 male(s)/female
55-64 years: 1.06 male(s)/female
65 years and over: 0.64 male(s)/female
total population: 1.06 male(s)/female (2016 est.)
Infant mortality rate:
total: 10 deaths/1,000 live births
male: 12.5 deaths/1,000 live births
female: 7.4 deaths/1,000 live births (2017 est.)
country comparison to the world: 136
Life expectancy at birth:
total population: 74.9 years
male: 70.4 years
female: 79.6 years (2017 est.)
country comparison to the world: 118
Total fertility rate:
1.85 children born/woman (2017 est.)
country comparison to the world: 146
Health expenditures:
3.4% of GDP (2014)
country comparison to the world: 176
Physicians density:
0.98 physicians/1,000 population (2012)
Hospital bed density:
3.6 beds/1,000 population (2011)
Drinking water source:
improved:
urban: 95.7% of population
rural: 95.7% of population
total: 95.7% of population
unimproved:
urban: 4.3% of population
rural: 4.3% of population
total: 4.3% of population (2015 est.)
Sanitation facility access:
improved:
urban: 98.4% of population
rural: 98.4% of population
total: 98.4% of population
unimproved:
urban: 1.6% of population
rural: 1.6% of population
total: 1.6% of population (2015 est.)
HIV/AIDS - adult prevalence rate:
NA
HIV/AIDS - people living with HIV/AIDS:
NA
HIV/AIDS - deaths:
NA
Obesity - adult prevalence rate:
14% (2016)
country comparison to the world: 130
Children under the age of 5 years underweight:
3.6% (2012)
Education expenditures:
3.6% of GDP (2011)
country comparison to the world: 121
Literacy:
definition: age 15 and over can read and write
total population: 91.8%
male: 91.4%
female: 92.3% (2012 est.)
School life expectancy (primary to tertiary education):
total: 14 years
male: 13 years
female: 15 years (2015)
Unemployment, youth ages 15-24:
total: 14%
male: 12.1%
female: 16.2% (2015 est.)

Government

Country name:
conventional long form: Republic of Seychelles
conventional short form: Seychelles
local long form: Republic of Seychelles
local short form: Seychelles
etymology: named by French Captain Corneille Nicholas MORPHEY after Jean Moreau de SECHELLES, the finance minister of France, in 1756
Government type:
presidential republic
Capital:
name: Victoria
geographic coordinates: 4 37 S, 55 27 E
time difference: UTC+4 (9 hours ahead of Washington, DC, during Standard Time)
Administrative divisions:
25 administrative districts; Anse aux Pins, Anse Boileau, Anse Etoile, Anse Royale, Au Cap, Baie Lazare, Baie Sainte Anne, Beau Vallon, Bel Air, Bel Ombre, Cascade, Glacis, Grand Anse Mahe, Grand Anse Praslin, Inner Islands, La Riviere Anglaise, Les Mamalles, Mont Buxton, Mont Fleuri, Plaisance, Pointe Larue, Port Glaud, Roche Caiman, Saint Louis, Takamaka
Independence:
29 June 1976 (from the UK)
National holiday:
Constitution Day, 18 June (1993); Independence Day (National Day), 29 June (1976)
Constitution:
history: previous 1970, 1979; latest drafted May 1993, approved by referendum 18 June 1993, effective 23 June 1993
amendments: proposed by the National Assembly; passage requires at least two-thirds majority vote by the National Assembly; passage of amendments affecting the country’s sovereignty, symbols and languages, the supremacy of the constitution, fundamental rights and freedoms, amendment procedures, and dissolution of the Assembly also requires approval by at least 60% of voters in a referendum; amended several times, last in 2017 (2017)
Legal system:
mixed legal system of English common law, French civil law, and customary law
International law organization participation:
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
Citizenship:
citizenship by birth: no
citizenship by descent only: at least one parent must be a citizen of the Seychelles
dual citizenship recognized: no
residency requirement for naturalization: 5 years
Suffrage:
18 years of age; universal
Executive branch:
chief of state: President Danny FAURE (since 16 October 2016); Vice President Vincent MERITON (since 28 October 2016); note - James Alix MICHEL resigned the presidency effective 16 October 2016; the president is both chief of state and head of government
head of government: President Danny FAURE (since 16 October 2016); Vice President Vincent MERITON (since 28 October 2016); note - James Alix MICHEL resigned the presidency effective 16 October 2016
cabinet: Council of Ministers appointed by the president
elections/appointments: president directly elected by absolute majority popular vote in 2 rounds if needed for a 5-year term (eligible for 1 additional term); election last held on 3-5 December 2015 with runoff on 16-18 December 2015 (next to be held in December 2020)
election results: President James Alix MICHEL reelected president; percent of vote in second round - James Alix MICHEL (PL) 50.2%, Wavel RAMKALAWAN (SNP) 49.8%
Legislative branch:
description: unicameral National Assembly or Assemblee Nationale (up to 35 seats - the Assembly elected in September 2016 has 33 members; 25 members directly elected in single-seat constituencies by simple majority vote and up to 10 members elected by proportional representation vote; members serve 5-year terms)
elections: last held on 8-10 September 2016 (next to be held in 2021); note - the National Assembly was dissolved in July 2011 resulting in early elections
election results: percent of vote by party - LDS 49.6%, PL 49.2%, other 1.2%; seats by party - LDS 19, PL 14
Judicial branch:
highest court(s): Seychelles Court of Appeal (consists of the court president and 4 justices); Supreme Court of Seychelles (consists of the chief justice and 9 puisne judges); Constitutional Court (consists of 3 Supreme Court judges)
judge selection and term of office: all judges appointed by the president of the republic upon the recommendation of the Constitutional Appointments Authority, a 3-member body, with 1 member appointed by the president of the republic, 1 by the opposition leader in the National Assembly, and 1 by the other 2 appointees; judges appointed until retirement at age 70
subordinate courts: Magistrates' Courts of Seychelles; Family Tribunal for issues such as domestic violence, child custody, and maintenance; Employment Tribunal for labor-related disputes
Political parties and leaders:
Lafors Demokratik Seselwa or LSD (Martin AGLAE)
People's Party (Parti Lepep) or PL [James Alix MICHEL] (formerly SPPF)
Seselwa (Seychelles) United Party or SUP [Robert ERNESTA] (formerly the New Democratic Party or NDP)
Seychelles National Party or SNP [Wavel RAMKALAWAN] (formerly the United Opposition or UO)
Seychelles Party for Social Justice and Democracy or SPSD
Seychelles Patriotic Movement or SPM [Regis FRANCOURT]
Seychelloise Alliance (Lalyans Seselwa) [Patrick PILLAY]
Seychellois Democratic Alliance (Linyon Demokratik Seselwa) or LDS [Roger MANCIENNE] (includes SNP, Seychelloise Alliance, SPSD, SUP)
International organization participation:
ACP, AfDB, AOSIS, AU, C, CD, COMESA, EITI (candidate country), FAO, G-77, IAEA, IBRD, ICAO, ICC (NGOs), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, InOC, Interpol, IOC, IOM, IPU, ISO (correspondent), ITU, MIGA, NAM, OIF, OPCW, SADC, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)
Diplomatic representation in the US:
chief of mission: Ambassador Ronald Jean JUMEAU (since 8 September 2017)
chancery: 800 Second Avenue, Suite 400C, New York, NY 10017
telephone: [1] (212) 972-1785
FAX: [1] (212) 972-1786
consulate(s) general: New York
Diplomatic representation from the US:
the US does not have an embassy in Seychelles; the US Ambassador to Mauritius is accredited to Seychelles
Flag description:
five oblique bands of blue (hoist side), yellow, red, white, and green (bottom) radiating from the bottom of the hoist side; the oblique bands are meant to symbolize a dynamic new country moving into the future; blue represents sky and sea, yellow the sun giving light and life, red the peoples' determination to work for the future in unity and love, white social justice and harmony, green the land and natural environment
National symbol(s):
coco de mer (sea coconut); national colors: blue, yellow, red, white, green
National anthem:
name: "Koste Seselwa" (Seychellois Unite)
lyrics/music: David Francois Marc ANDRE and George Charles Robert PAYET
note: adopted 1996

Economy

Economy - overview:
Since independence in 1976, per capita output in this Indian Ocean archipelago has expanded to roughly seven times the pre-independence, near-subsistence level, moving the island into the upper-middle-income group of countries. Growth has been led by the tourist sector, which employs about 30% of the labor force and provides more than 70% of hard currency earnings, and by tuna fishing.
In recent years, the government has encouraged foreign investment to upgrade hotels and other services. At the same time, the government has moved to reduce the dependence on tourism by promoting the development of farming, fishing, and small-scale manufacturing.
In 2008, having depleted its foreign exchange reserves, Seychelles defaulted on interest payments due on a $230 million Eurobond, requested assistance from the IMF, and immediately enacted a number of significant structural reforms, including liberalization of the exchange rate, reform of the public sector to include layoffs, and the sale of some state assets. In December 2013, the IMF declared that Seychelles had successfully transitioned to a market-based economy with full employment and a fiscal surplus. Effective 1 January 2017, Seychelles will no longer be eligible for trade benefits under the US African Growth and Opportunities Act after having gained developed country status. Seychelles grew at 4.9% in 2016 because of a strong tourist sector and low commodity prices; its fiscal surplus reached 3% of GDP. The Seychellois Government met the IMF’s performance criteria for 2016 but recognizes a need to make additional progress to combat high poverty levels, estimated at 39% in 2013.
GDP (purchasing power parity):
$2.561 billion (2016 est.)
$2.421 billion (2015 est.)
$2.281 billion (2014 est.)
note: data are in 2016 dollars
country comparison to the world: 189
GDP (official exchange rate):
$1.429 billion (2016 est.)
GDP - real growth rate:
4.5% (2016 est.)
5% (2015 est.)
4.5% (2014 est.)
country comparison to the world: 50
GDP - per capita (PPP):
$27,200 (2016 est.)
$26,400 (2015 est.)
$25,700 (2014 est.)
note: data are in 2016 dollars
country comparison to the world: 68
Gross national saving:
11.8% of GDP (2016 est.)
15.2% of GDP (2015 est.)
14.6% of GDP (2014 est.)
country comparison to the world: 121
GDP - composition, by end use:
household consumption: 46.7%
government consumption: 26.9%
investment in fixed capital: 31.9%
investment in inventories: 1.7%
exports of goods and services: 71.7%
imports of goods and services: -78.9% (2016 est.)
GDP - composition, by sector of origin:
agriculture: 2.6%
industry: 14%
services: 83.4% (2016 est.)
Agriculture - products:
coconuts, cinnamon, vanilla, sweet potatoes, cassava (manioc, tapioca), copra, bananas; tuna
Industries:
fishing, tourism, beverages
Industrial production growth rate:
2.9% (2016 est.)
country comparison to the world: 87
Labor force:
39,560 (2006 est.)
country comparison to the world: 197
Labor force - by occupation:
agriculture: 3%
industry: 23%
services: 74% (2006)
Unemployment rate:
2.7% (2016 est.)
3.3% (2013 est.)
country comparison to the world: 30
Population below poverty line:
39.3% (2013 est.)
Household income or consumption by percentage share:
lowest 10%: 4.7%
highest 10%: 15.4% (2007)
Budget:
revenues: $540.6 million
expenditures: $525.6 million (2016 est.)
Taxes and other revenues:
38.5% of GDP (2016 est.)
country comparison to the world: 46
Budget surplus (+) or deficit (-):
1.1% of GDP (2016 est.)
country comparison to the world: 24
Public debt:
57.6% of GDP (2016 est.)
62.9% of GDP (2015 est.)
country comparison to the world: 79
Fiscal year:
calendar year
Inflation rate (consumer prices):
-1% (2016 est.)
4% (2015 est.)
country comparison to the world: 13
Central bank discount rate:
11.17% (31 December 2010)
country comparison to the world: 18
Commercial bank prime lending rate:
12.36% (31 December 2016 est.)
12.36% (31 December 2015 est.)
country comparison to the world: 66
Stock of narrow money:
$556.5 million (31 December 2016 est.)
$493.8 million (31 December 2015 est.)
country comparison to the world: 164
Stock of broad money:
$638.2 million (31 December 2016 est.)
$565.7 million (31 December 2015 est.)
country comparison to the world: 180
Stock of domestic credit:
$565.9 million (31 December 2016 est.)
$496.6 million (31 December 2015 est.)
country comparison to the world: 174
Market value of publicly traded shares:
$NA
Current account balance:
$-263 million (2016 est.)
$-256.2 million (2015 est.)
country comparison to the world: 88
Exports:
$477.6 million (2016 est.)
$449.4 million (2015 est.)
country comparison to the world: 173
Exports - commodities:
canned tuna, frozen fish, petroleum products (reexports)
Exports - partners:
UAE 28.8%, France 21%, UK 14.7%, Italy 9.2%, Spain 8.8% (2016)
Imports:
$962.4 million (2016 est.)
$922.4 million (2015 est.)
country comparison to the world: 182
Imports - commodities:
machinery and equipment, foodstuffs, petroleum products, chemicals, other manufactured goods
Imports - partners:
UAE 21.6%, France 9.9%, South Africa 8.4%, Mauritius 7.8%, Spain 7.2%, India 4.9%, China 4.8%, UK 4.7% (2016)
Reserves of foreign exchange and gold:
$523.5 million (31 December 2016 est.)
$536.2 million (31 December 2015 est.)
country comparison to the world: 144
Debt - external:
$2.651 billion (31 December 2016 est.)
$2.754 billion (31 December 2015 est.)
country comparison to the world: 144
Exchange rates:
Seychelles rupees (SCR) per US dollar -
13.319 (2016 est.)
13.319 (2015 est.)
13.314 (2014 est.)
12.747 (2013 est.)
13.7 (2012 est.)

Energy

Electricity access:
population without electricity: 2,795
electrification - total population: 97%
electrification - urban areas: 97%
electrification - rural areas: 97% (2012)
Electricity - production:
347 million kWh (2015 est.)
country comparison to the world: 176
Electricity - consumption:
322.7 million kWh (2015 est.)
country comparison to the world: 181
Electricity - exports:
0 kWh (2016 est.)
country comparison to the world: 193
Electricity - imports:
0 kWh (2016 est.)
country comparison to the world: 197
Electricity - installed generating capacity:
87,000 kW (2015 est.)
country comparison to the world: 181
Electricity - from fossil fuels:
92% of total installed capacity (2015 est.)
country comparison to the world: 59
Electricity - from nuclear fuels:
0% of total installed capacity (2015 est.)
country comparison to the world: 178
Electricity - from hydroelectric plants:
0% of total installed capacity (2015 est.)
country comparison to the world: 201
Electricity - from other renewable sources:
9.2% of total installed capacity (2015 est.)
country comparison to the world: 73
Crude oil - production:
0 bbl/day (2016 est.)
country comparison to the world: 190
Crude oil - exports:
0 bbl/day (2014 est.)
country comparison to the world: 185
Crude oil - imports:
0 bbl/day (2014 est.)
country comparison to the world: 186
Crude oil - proved reserves:
0 bbl (1 January 2017 es)
country comparison to the world: 188
Refined petroleum products - production:
0 bbl/day (2014 est.)
country comparison to the world: 194
Refined petroleum products - consumption:
6,500 bbl/day (2015 est.)
country comparison to the world: 168
Refined petroleum products - exports:
0 bbl/day (2014 est.)
country comparison to the world: 195
Refined petroleum products - imports:
5,956 bbl/day (2014 est.)
country comparison to the world: 162
Natural gas - production:
0 cu m (2013 est.)
country comparison to the world: 191
Natural gas - consumption:
0 cu m (2013 est.)
country comparison to the world: 128
Natural gas - exports:
0 cu m (2013 est.)
country comparison to the world: 177
Natural gas - imports:
0 cu m (2013 est.)
country comparison to the world: 184
Natural gas - proved reserves:
0 cu m (1 January 2014 es)
country comparison to the world: 191
Carbon dioxide emissions from consumption of energy:
1.4 million Mt (2013 est.)
country comparison to the world: 161

Communications

Telephones - fixed lines:
total subscriptions: 20,836
subscriptions per 100 inhabitants: 22 (July 2016 est.)
country comparison to the world: 184
Telephones - mobile cellular:
total: 151,857
subscriptions per 100 inhabitants: 163 (July 2016 est.)
country comparison to the world: 184
Telephone system:
general assessment: effective system
domestic: combined fixed-line and mobile-cellular teledensity is approximately 185 telephones per 100 persons; radiotelephone communications between islands in the archipelago
international: country code - 248; direct radiotelephone communications with adjacent island countries and African coastal countries; satellite earth station - 1 Intelsat (Indian Ocean) (2016)
Broadcast media:
the government operates the only terrestrial TV station, which provides local programming and airs broadcasts from international services; multi-channel cable and satellite TV are available through 2 providers; the government operates 1 AM and 1 FM radio station; there is 1 privately operated radio station; transmissions of 2 international broadcasters are accessible in Victoria (2016)
Internet country code:
.sc
Internet users:
total: 52,664
percent of population: 56.5% (July 2016 est.)
country comparison to the world: 184

Transportation

National air transport system:
number of registered air carriers: 1
inventory of registered aircraft operated by air carriers: 3
annual passenger traffic on registered air carriers: 497,496
annual freight traffic on registered air carriers: 19,234,992 mt-km (2015)
Civil aircraft registration country code prefix:
S7 (2016)
Airports:
14 (2013)
country comparison to the world: 150
Airports - with paved runways:
total: 7
2,438 to 3,047 m: 1
914 to 1,523 m: 5
under 914 m: 1 (2017)
Airports - with unpaved runways:
total: 7
914 to 1,523 m: 2
under 914 m: 5 (2013)
Heliports:
1 (2013)
Roadways:
total: 526 km
paved: 514 km
unpaved: 12 km (2015)
country comparison to the world: 196
Merchant marine:
total: 9
by type: cargo 1, carrier 1, chemical tanker 6, petroleum tanker 1
foreign-owned: 3 (Hong Kong 1, Nigeria 1, South Africa 1) (2010)
country comparison to the world: 118
Ports and terminals:
major seaport(s): Victoria

Military & Security

Military expenditures:
1.29% of GDP (2016)
1.21% of GDP (2015)
2.17% of GDP (2014)
0.98% of GDP (2013)
0.87% of GDP (2012)
country comparison to the world: 109
Military branches:
Seychelles People's Defense Forces (SPDF): Army (includes infantry, Special Forces (Tazar)), Coast Guard (includes Naval Wing, Air Wing) (2015)
Military service age and obligation:
18 years of age for voluntary military service (younger with parental consent); no conscription (2012)

Transnational Issues

Disputes - international:
Mauritius and Seychelles claim the Chagos Islands (UK-administered British Indian Ocean Territory)

Economic Indicators for Seychelles including actual values, historical data, and latest data updates for the Seychelles economy.