Taxes on income vs. taxes on goods and services in Seychelles
Seychelles: Taxes on income vs. taxes on goods and services was 16.0% in 2023. ◆ Volatile
Taxes on income vs. taxes on goods and services in Seychelles, 1993–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Seychelles recorded 16.0% for taxes on income vs. taxes on goods and services in 2023.
The figure is up 0.3% on the previous year and up 5.6% over ten years.
Over the whole period, taxes on income vs. taxes on goods and services in Seychelles peaked at 17.2% in 2017 and was at its lowest, 2.0%, in 1995.
That places Seychelles 7th out of 187 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.
Taxes on income vs. taxes on goods and services in Seychelles, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 3.1% | — |
| 1994 | 2.7% | -13.1% |
| 1995 | 2.0% | -25.9% |
| 1996 | 3.4% | +70.0% |
| 1997 | 3.4% | -0.7% |
| 1998 | 2.9% | -13.2% |
| 1999 | 2.7% | -7.3% |
| 2000 | 2.1% | -23.7% |
| 2001 | 2.3% | +9.9% |
| 2002 | 8.4% | +269.4% |
| 2003 | 14.4% | +70.9% |
| 2004 | 14.9% | +3.6% |
| 2005 | 14.9% | -0.2% |
| 2006 | 14.6% | -1.6% |
| 2007 | 13.4% | -8.6% |
| 2008 | 12.5% | -6.3% |
| 2009 | 14.4% | +14.8% |
| 2010 | 12.9% | -10.3% |
| 2011 | 11.8% | -8.9% |
| 2012 | 12.1% | +3.1% |
| 2013 | 15.1% | +24.8% |
| 2014 | 16.3% | +8.0% |
| 2015 | 14.6% | -10.5% |
| 2016 | 16.5% | +12.9% |
| 2017 | 17.2% | +4.1% |
| 2018 | 16.1% | -6.1% |
| 2019 | 15.2% | -5.9% |
| 2020 | 13.9% | -8.4% |
| 2021 | 14.0% | +1.0% |
| 2022 | 15.9% | +13.4% |
| 2023 | 16.0% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | 2.0% | 3.4% | 7 |
| 2000s | 11.2% | 2.1% | 14.9% | 10 |
| 2010s | 14.8% | 11.8% | 17.2% | 10 |
| 2020s | 15.0% | 13.9% | 16.0% | 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 taxes on income vs. taxes on goods and services in Seychelles?
- Taxes on income vs. taxes on goods and services in Seychelles was 16.0% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on income vs. taxes on goods and services recorded in Seychelles?
- The highest recorded value was 17.2% in 2017.
- What is the lowest taxes on income vs. taxes on goods and services recorded in Seychelles?
- The lowest recorded value was 2.0% in 1995.
- How does Seychelles rank for taxes on income vs. taxes on goods and services?
- Seychelles ranks 7th out of 187 countries with data for 2023.
- Is taxes on income vs. taxes on goods and services rising or falling in Seychelles?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is volatile.
- Where does this Seychelles data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on income vs. taxes on goods and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total taxes on income (individual and corporate) vs. total taxes on goods and services (including VAT and sales taxes), as a share of GDP.