Seychelles GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Seychelles's GDP changed from approximately $147M in 1980 to $2B 203M in 2024, showing an overall 1398.6% sharply increased during the period.
The lowest GDP was recorded in 1980 at $147M, and the highest in 2024 at $2B 203M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.3%.
For comparison, the average annual growth rate of Mauritius was 6.0%, and that of Comoros was 4.1%.

Overview of Seychelles's GDP (1980–2024)

The Gross Domestic Product (GDP) of Seychelles recorded a 1398.6% sharply increased from 1980 to 2024.
The average GDP during this period was $857M 88K, and the median was $698M.
GDP fluctuated within a range of $2B 56M, with a standard deviation of $595M 361K.
The average annual change was $43M 426K.


Seychelles GDP from 1980 to 2024

The total market value of goods and services produced annually in Seychelles.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1980, $147M
    • Highest GDP: 2024, $2B 203M
    • Most Recent GDP: 2024, $2B 203M

    Notable Annual GDP Changes

    • 2022: Significant increase in GDP
    • 2020: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Seychelles's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $1B 867M → $1B 384M
    • Outcome: sharply declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $1B 34M → $847M
    • Outcome: sharply declined

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $615M → $622M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $563M → $608M
    • Outcome: increased

    Key Economic Indicators of Seychelles (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 147M
    $ 2,329.35
    $ 4,353.94
    $ 275M
    -2.253 %
    -10.602 %
    11.53 %
    0 %
    63,000 people
    1981
    $ 154M
    $ 2,403.45
    $ 4,525.74
    $ 290M
    -3.877 %
    -12.211 %
    9.58 %
    0 %
    64,000 people
    1982
    $ 148M
    $ 2,293.94
    $ 4,678.27
    $ 301M
    -2.071 %
    -27.505 %
    1.21 %
    0 %
    64,000 people
    1983
    $ 147M
    $ 2,280.45
    $ 4,837.36
    $ 311M
    -0.616 %
    -17.755 %
    −3.56 %
    -1.108 %
    64,000 people
    1984
    $ 151M
    $ 2,338.08
    $ 5,196.89
    $ 336M
    4.306 %
    -8.782 %
    7.12 %
    -3.183 %
    65,000 people
    1985
    $ 169M
    $ 2,588.55
    $ 5,865.34
    $ 383M
    10.294 %
    -11.369 %
    5.01 %
    -0.598 %
    65,000 people
    1986
    $ 208M
    $ 3,165.95
    $ 5,991.55
    $ 393M
    0.762 %
    -16.018 %
    2.60 %
    -7.08 %
    66,000 people
    1987
    $ 249M
    $ 3,638.99
    $ 6,171.69
    $ 423M
    4.875 %
    -8.47 %
    21.27 %
    11.183 %
    68,000 people
    1988
    $ 284M
    $ 4,128.12
    $ 6,704.60
    $ 461M
    5.326 %
    -10.01 %
    20.25 %
    20.458 %
    69,000 people
    1989
    $ 305M
    $ 4,407.20
    $ 7,638.40
    $ 528M
    10.286 %
    -13.008 %
    16.63 %
    16.351 %
    69,000 people
    1990
    $ 369M
    $ 5,302.84
    $ 8,473.34
    $ 589M
    7.455 %
    -3.521 %
    26.95 %
    19.897 %
    70,000 people
    1991
    $ 374M
    $ 5,314.65
    $ 8,882.65
    $ 626M
    2.76 %
    -2.182 %
    15.65 %
    11.09 %
    70,000 people
    1992
    $ 434M
    $ 6,128.35
    $ 9,692.18
    $ 686M
    7.173 %
    -1.592 %
    19.95 %
    14.299 %
    71,000 people
    1993
    $ 474M
    $ 6,559.09
    $ 10,426.97
    $ 753M
    7.303 %
    1.82 %
    28.03 %
    4.273 %
    72,000 people
    1994
    $ 486M
    $ 6,555.43
    $ 10,116.83
    $ 751M
    -2.437 %
    6.452 %
    41.94 %
    1.401 %
    74,000 people
    1995
    $ 508M
    $ 6,748.82
    $ 10,227.55
    $ 770M
    0.485 %
    0.279 %
    30.60 %
    7.119 %
    75,000 people
    1996
    $ 503M
    $ 6,583.09
    $ 11,289.21
    $ 863M
    9.998 %
    -10.42 %
    29.43 %
    0.371 %
    76,000 people
    1997
    $ 563M
    $ 7,280.93
    $ 12,733.88
    $ 985M
    12.194 %
    -11.741 %
    16.31 %
    3.854 %
    77,000 people
    1998
    $ 608M
    $ 7,715.78
    $ 12,939.20
    $ 1B 20M
    2.467 %
    -17.469 %
    16.53 %
    -6.546 %
    79,000 people
    1999
    $ 623M
    $ 7,747.49
    $ 13,107.93
    $ 1B 54M
    1.872 %
    -18.743 %
    12.03 %
    -1.14 %
    80,000 people