Gross domestic product (GDP), annual growth rate in Seychelles
Seychelles: Gross domestic product (GDP), annual growth rate was 12.85 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Seychelles, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Seychelles is 12.85 % change on previous year, measured in 2023.
That represents a change of up 4.2% on the previous year and up 329.5% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Seychelles peaked at 70.65 % change on previous year in 1971 and was at its lowest, -35.52 % change on previous year, in 2008.
That places Seychelles 5th out of 184 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Seychelles, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 0.4092 % change on previous year | — |
| 1962 | 6.99 % change on previous year | +1607.1% |
| 1963 | 10.66 % change on previous year | +52.5% |
| 1964 | 8.69 % change on previous year | -18.5% |
| 1965 | -7.31 % change on previous year | -184.1% |
| 1966 | -2.83 % change on previous year | -61.3% |
| 1967 | 7.37 % change on previous year | -360.5% |
| 1968 | 17.9 % change on previous year | +142.9% |
| 1969 | -7.11 % change on previous year | -139.7% |
| 1970 | 28.45 % change on previous year | -500.2% |
| 1971 | 70.65 % change on previous year | +148.3% |
| 1972 | 7.26 % change on previous year | -89.7% |
| 1973 | 5.36 % change on previous year | -26.3% |
| 1974 | -2.06 % change on previous year | -138.4% |
| 1975 | 10.1 % change on previous year | -591.3% |
| 1976 | 18.61 % change on previous year | +84.2% |
| 1977 | -9.17 % change on previous year | -149.3% |
| 1978 | 24.74 % change on previous year | -369.9% |
| 1979 | 19.38 % change on previous year | -21.7% |
| 1980 | -28.45 % change on previous year | -246.9% |
| 1981 | -9.79 % change on previous year | -65.6% |
| 1982 | -12.49 % change on previous year | +27.6% |
| 1983 | 7.03 % change on previous year | -156.3% |
| 1984 | 8.02 % change on previous year | +14.1% |
| 1985 | -0.9795 % change on previous year | -112.2% |
| 1986 | -4.68 % change on previous year | +378.2% |
| 1987 | 20.95 % change on previous year | -547.2% |
| 1988 | 4.07 % change on previous year | -80.6% |
| 1989 | 10.58 % change on previous year | +159.9% |
| 1990 | 2.67 % change on previous year | -74.7% |
| 1991 | 2.59 % change on previous year | -3.0% |
| 1992 | -0.0013 % change on previous year | -100.0% |
| 1993 | 15.4 % change on previous year | -1219760.3% |
| 1994 | 4.16 % change on previous year | -73.0% |
| 1995 | -9.14 % change on previous year | -319.9% |
| 1996 | 4.88 % change on previous year | -153.5% |
| 1997 | 10.25 % change on previous year | +109.8% |
| 1998 | -4.99 % change on previous year | -148.7% |
| 1999 | 4.96 % change on previous year | -199.3% |
| 2000 | 7.64 % change on previous year | +54.0% |
| 2001 | -10 % change on previous year | -231.0% |
| 2002 | 2.94 % change on previous year | -129.4% |
| 2003 | 0.1383 % change on previous year | -95.3% |
| 2004 | -18.2 % change on previous year | -13258.6% |
| 2005 | 29.09 % change on previous year | -259.9% |
| 2006 | 11.13 % change on previous year | -61.7% |
| 2007 | 18.39 % change on previous year | +65.2% |
| 2008 | -35.52 % change on previous year | -293.1% |
| 2009 | 16.06 % change on previous year | -145.2% |
| 2010 | 5.54 % change on previous year | -65.5% |
| 2011 | 16.09 % change on previous year | +190.6% |
| 2012 | 8.3 % change on previous year | -48.4% |
| 2013 | -5.6 % change on previous year | -167.4% |
| 2014 | 7.99 % change on previous year | -242.7% |
| 2015 | -2.02 % change on previous year | -125.3% |
| 2016 | 2.74 % change on previous year | -235.6% |
| 2017 | 4.13 % change on previous year | +50.3% |
| 2018 | 7.15 % change on previous year | +73.2% |
| 2019 | 4.56 % change on previous year | -36.2% |
| 2020 | -12.09 % change on previous year | -365.2% |
| 2021 | -21.78 % change on previous year | +80.2% |
| 2022 | 12.33 % change on previous year | -156.6% |
| 2023 | 12.85 % change on previous year | +4.2% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate in Seychelles changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1219760.3% | -0.0013 % change on previous year | 15.4 % change on previous year |
| 2004 | -13258.6% | 0.1383 % change on previous year | -18.2 % change on previous year |
| 1962 | +1607.1% | 0.4092 % change on previous year | 6.99 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.86 % change on previous year | -7.31 % change on previous year | 17.9 % change on previous year | 9 |
| 1970s | 17.33 % change on previous year | -9.17 % change on previous year | 70.65 % change on previous year | 10 |
| 1980s | -0.576 % change on previous year | -28.45 % change on previous year | 20.95 % change on previous year | 10 |
| 1990s | 3.08 % change on previous year | -9.14 % change on previous year | 15.4 % change on previous year | 10 |
| 2000s | 2.17 % change on previous year | -35.52 % change on previous year | 29.09 % change on previous year | 10 |
| 2010s | 4.89 % change on previous year | -5.6 % change on previous year | 16.09 % change on previous year | 10 |
| 2020s | -2.17 % change on previous year | -21.78 % change on previous year | 12.85 % change on previous year | 4 |
Countries ranked near Seychelles
More economy & growth data for Seychelles
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.59 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -41.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0186 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -341.28 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 226.13 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.66 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1015 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,863 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 13.31 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), annual growth rate in Seychelles?
- Gross domestic product (gdp), annual growth rate in Seychelles was 12.85 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Seychelles?
- The highest recorded value was 70.65 % change on previous year in 1971.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Seychelles?
- The lowest recorded value was -35.52 % change on previous year in 2008.
- How does Seychelles rank for gross domestic product (gdp), annual growth rate?
- Seychelles ranks 5th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Seychelles?
- Over the last ten years it is up 329.5%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.