Economy of Seychelles

Gross Domestic Product 2012

GDP (purchasing power parity): $2.41 billion (2012 est.)

GDP real growth rate: 3% (2012 est.)

GDP per capita (PPP): $26,200 (2012 est.)

GDP composition by sector

Agriculture: 2%

Industry: 18.5%

Services: 79.5% (2012 est.)

Inflation: 7.2% (2012 est.)

Currency: Seychellois rupee

Business Languages

The commercial languages include the following

Creole

English

Transport

Seychelles possesses transportation systems which include 453km of roads, seaports and airports.

In rural areas, especially on La Digue a popular way of public transport is ox-carts.

Energy in Seychelles

The major sources of energy in Seychelles include; petroleum, coal, natural gas and electricity.

petrol

Challenges in Seychelles

  • Decline in tourism in recent years
  • Global warming
  • Limited natural resources
  • Scarce agricultural land and remoteness from major markets
  • Unemployment