Seychelles: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Seychelles

Fiscal balance, percent of GDP

 Latest value 0.20
 Year 2019
 Measure percent
 Data availability 1993 - 2019
 Average -2.33
 Min - Max -14.96 - 10.59
 Source Central Bank of Seychelles
The latest value from 2019 is 0.2 percent, a decline from 0.3 percent in 2018. In comparison, the world average is -1.46 percent, based on data from 188 countries. Historically, the average for the Seychelles from 1993 to 2019 is -2.33 percent. The minimum value, -14.96 percent, was reached in 1998 while the maximum of 10.59 percent was recorded in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Seychelles - Fiscal balance, percent of GDP - Recent values chart

Historical series
Seychelles - Fiscal balance, percent of GDP - historical chart - 1993-2019




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 21.34 2023 percent
 Government spending, in dollars 0.46 2023 billion U.S. dollars
 Fiscal balance, percent of GDP 0.20 2019 percent
 Government debt 65.00 2022 percent
 Government expenditure 1.75 Q1/2024 billion
 Tax revenue 26.18 2020 percent
 Commercial tax rate 30.10 2019 percent
 Tax preparation time 85 2019 hours
 Number of taxes 29 2019 taxes
 Taxes on goods and services 47.34 2020 percent
 Taxes on international trade 3.44 2020 percent
 Income and profits taxes 31.48 2020 percent
 Foreign aid 0.05 2021 million U.S. dollars
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