Taxes on incomes of individuals and corporations as share of GDP in Seychelles
Seychelles: Taxes on incomes of individuals and corporations as share of GDP was 10.0% in 2023. ▲ Rising
Taxes on incomes of individuals and corporations as share of GDP in Seychelles, 1993–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
In 2023, taxes on incomes of individuals and corporations as share of gdp in Seychelles stood at 10.0%.
That represents a change of up 23.4% on the previous year and up 81.9% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Seychelles peaked at 12.0% in 2011 and was at its lowest, 4.6%, in 1997.
Seychelles ranks 40th of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Seychelles, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 5.8% | — |
| 1994 | 5.5% | -3.9% |
| 1995 | 5.2% | -6.3% |
| 1996 | 4.6% | -10.8% |
| 1997 | 4.6% | -1.5% |
| 1998 | 5.2% | +12.8% |
| 1999 | 6.7% | +30.1% |
| 2000 | 7.0% | +3.7% |
| 2001 | 6.3% | -10.0% |
| 2002 | 6.6% | +5.8% |
| 2003 | 7.3% | +9.6% |
| 2004 | 6.5% | -10.9% |
| 2005 | 5.5% | -14.5% |
| 2006 | 5.3% | -4.3% |
| 2007 | 5.2% | -1.7% |
| 2008 | 5.5% | +6.0% |
| 2009 | 6.9% | +25.9% |
| 2010 | 8.9% | +28.0% |
| 2011 | 12.0% | +35.5% |
| 2012 | 10.5% | -13.2% |
| 2013 | 5.5% | -47.3% |
| 2014 | 5.1% | -6.9% |
| 2015 | 4.6% | -9.6% |
| 2016 | 10.1% | +117.9% |
| 2017 | 10.3% | +2.4% |
| 2018 | 11.0% | +6.3% |
| 2019 | 9.7% | -11.4% |
| 2020 | 9.8% | +0.9% |
| 2021 | 10.4% | +5.6% |
| 2022 | 8.1% | -21.6% |
| 2023 | 10.0% | +23.3% |
Seychelles compared with similar countries
- Seychelles's 10.0% is above the median for high income countries, which is 10.0%, 1.0× the median. (63 countries reporting)
- Seychelles's 10.0% is above the median for Sub-Saharan Africa, which is 4.7%, 2.1× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Taxes on incomes of individuals and corporations as share of GDP 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 |
|---|---|---|---|
| 2016 | +117.9% | 4.6% | 10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.4% | 4.6% | 6.7% | 7 |
| 2000s | 6.2% | 5.2% | 7.3% | 10 |
| 2010s | 8.8% | 4.6% | 12.0% | 10 |
| 2020s | 9.6% | 8.1% | 10.4% | 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 incomes of individuals and corporations as share of gdp in Seychelles?
- Taxes on incomes of individuals and corporations as share of gdp in Seychelles was 10.0% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Seychelles?
- The highest recorded value was 12.0% in 2011.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Seychelles?
- The lowest recorded value was 4.6% in 1997.
- How does Seychelles rank for taxes on incomes of individuals and corporations as share of gdp?
- Seychelles ranks 40th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Seychelles?
- Over the last ten years it is up 81.9%. The long-run trend across the full record is rising.
- 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 incomes of individuals and corporations as share of GDP. 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
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.