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Government Finance of Seychelles

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

13.6% 19.4% 8.3% 57.7%
  • Personal income taxes: 13.6%
  • Corporate income taxes: 19.4%
  • Social security contributions: 8.3%
  • Property taxes: 1.0%
  • Goods and services taxes: 57.7%
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Personal income taxes
13.6%
Corporate income taxes
19.4%
Social security contributions
8.3%
Property taxes
1.0%
Goods and services taxes
57.7%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 55% #86 / 184 2026
Government Gross Debt (Local currency - SCR) 19.4B - 2026
Government Net Debt (% of GDP) 48.4% #38 / 86 2026
Government Net Debt (Local currency - SCR) 17.1B - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -2.1% #69 / 189 2026
Fiscal Balance (Local currency - SCR) -735M - 2026
Primary Fiscal Balance (% of GDP) 0.1% #56 / 182 2026
Primary Fiscal Balance (Local currency - SCR) 36M - 2026

Revenue and Spending

Government Revenue (% of GDP) 33.3% #59 / 189 2026
Government Revenue (Local currency - SCR) 11.8B - 2026
Government Spending (% of GDP) 35.3% #70 / 189 2026
Government Spending (Local currency - SCR) 12.5B - 2026

International Reserves

Total Reserves (USD) 774M #137 / 163 2024

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