Gross Domestic Product — Value Standard Local Currency in Seychelles
Seychelles: Gross Domestic Product — Value Standard Local Currency was 30,825 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Seychelles, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency in Seychelles stood at 30,825 million SLC. That is the highest value across all 55 years on record.
The figure is up 2.7% on the previous year and up 74.3% over ten years.
Over the whole period, gross domestic product — value standard local currency in Seychelles peaked at 30,825 million SLC in 2024 and was at its lowest, 123.73 million SLC, in 1970.
That places Seychelles 173rd out of 218 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency in Seychelles, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 123.73 million SLC | — |
| 1971 | 145.6 million SLC | +17.7% |
| 1972 | 197.68 million SLC | +35.8% |
| 1973 | 242.63 million SLC | +22.7% |
| 1974 | 297.25 million SLC | +22.5% |
| 1975 | 348.12 million SLC | +17.1% |
| 1976 | 441.75 million SLC | +26.9% |
| 1977 | 595.69 million SLC | +34.8% |
| 1978 | 718.94 million SLC | +20.7% |
| 1979 | 974.25 million SLC | +35.5% |
| 1980 | 1,138 million SLC | +16.8% |
| 1981 | 1,166 million SLC | +2.4% |
| 1982 | 1,166 million SLC | +0.0% |
| 1983 | 1,195 million SLC | +2.5% |
| 1984 | 1,291 million SLC | +8.0% |
| 1985 | 1,456 million SLC | +12.8% |
| 1986 | 1,559 million SLC | +7.1% |
| 1987 | 1,687 million SLC | +8.2% |
| 1988 | 1,846 million SLC | +9.5% |
| 1989 | 2,079 million SLC | +12.6% |
| 1990 | 2,377 million SLC | +14.3% |
| 1991 | 2,393 million SLC | +0.7% |
| 1992 | 2,684 million SLC | +12.2% |
| 1993 | 2,938 million SLC | +9.5% |
| 1994 | 2,949 million SLC | +0.4% |
| 1995 | 2,924 million SLC | -0.8% |
| 1996 | 2,999 million SLC | +2.6% |
| 1997 | 3,419 million SLC | +14.0% |
| 1998 | 3,868 million SLC | +13.1% |
| 1999 | 4,015 million SLC | +3.8% |
| 2000 | 4,267 million SLC | +6.3% |
| 2001 | 4,371 million SLC | +2.4% |
| 2002 | 4,592 million SLC | +5.0% |
| 2003 | 4,571 million SLC | -0.5% |
| 2004 | 4,616 million SLC | +1.0% |
| 2005 | 5,055 million SLC | +9.5% |
| 2006 | 5,610 million SLC | +11.0% |
| 2007 | 6,955 million SLC | +24.0% |
| 2008 | 9,222 million SLC | +32.6% |
| 2009 | 11,676 million SLC | +26.6% |
| 2010 | 11,898 million SLC | +1.9% |
| 2011 | 12,870 million SLC | +8.2% |
| 2012 | 14,880 million SLC | +15.6% |
| 2013 | 16,479 million SLC | +10.7% |
| 2014 | 17,688 million SLC | +7.3% |
| 2015 | 19,071 million SLC | +7.8% |
| 2016 | 20,892 million SLC | +9.5% |
| 2017 | 22,866 million SLC | +9.4% |
| 2018 | 24,823 million SLC | +8.6% |
| 2019 | 26,225 million SLC | +5.6% |
| 2020 | 24,356 million SLC | -7.1% |
| 2021 | 25,164 million SLC | +3.3% |
| 2022 | 29,373 million SLC | +16.7% |
| 2023 | 30,016 million SLC | +2.2% |
| 2024 | 30,825 million SLC | +2.7% |
Seychelles compared with similar countries
- Seychelles's 30,825 million SLC is below the median for high income countries, which is 257,567 million SLC, 12% of the median. (72 countries reporting)
- Seychelles's 30,825 million SLC is below the median for Sub-Saharan Africa, which is 8.81 million million SLC, 0% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 408.56 million SLC | 123.73 million SLC | 974.25 million SLC | 10 |
| 1980s | 1,458 million SLC | 1,138 million SLC | 2,079 million SLC | 10 |
| 1990s | 3,057 million SLC | 2,377 million SLC | 4,015 million SLC | 10 |
| 2000s | 6,094 million SLC | 4,267 million SLC | 11,676 million SLC | 10 |
| 2010s | 18,769 million SLC | 11,898 million SLC | 26,225 million SLC | 10 |
| 2020s | 27,947 million SLC | 24,356 million SLC | 30,825 million SLC | 5 |
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 — value standard local currency in Seychelles?
- Gross domestic product — value standard local currency in Seychelles was 30,825 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Seychelles?
- The highest recorded value was 30,825 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Seychelles?
- The lowest recorded value was 123.73 million SLC in 1970.
- How does Seychelles rank for gross domestic product — value standard local currency?
- Seychelles ranks 173rd out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Seychelles?
- Over the last ten years it is up 74.3%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).