Seychelles
| Country summary | |
|---|---|
|
Capital |
Victoria |
|
Borders |
(N/A) |
|
Government type |
republic |
|
Population |
87,476 (July 2010 est.)[1] |
|
Population growth |
0.999% (2010 est.)[1] |
|
Life expectancy |
73.02 years[1] |
|
Unemployment |
2% (2006 est.)[1] |
|
156[2] | |
|
54[3] | |
|
111[4] | |
A lengthy struggle between France and Great Britain for the islands ended in 1814, when they were ceded to the latter. Independence came in 1976. Socialist rule was brought to a close with a new constitution and free elections in 1993. President France-Albert RENE, who had served since 1977, was re-elected in 2001, but stepped down in 2004. Vice President James MICHEL took over the presidency and in July 2006 was elected to a new five-year term.[1]
Economical characteristics
- Currency: Seychellois rupee (ISO code: SCR)
- Central bank discount rate: NA% (31 December 2009)[1]
- Commercial banks lending rate: 15.35% (31 December 2009 )[1]
- Stock of money (M1): $173.1 million (31 December 2008)[1]
- Quasi money (with M1 makes M2): $185.2 million (31 December 2008)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[5] | 623 | 615 | 622 | 698 | 706 | 700 | 884 | 968 | 912 | 833 |
| Govt. debt (% of GDP)[6] | ||||||||||
| Govt. revenue (% of GDP)[7] | 44.191 | 38.736 | 37.444 | 41.385 | 45.730 | 48.941 | 44.824 | 49.626 | 40.416 | 40.446 |
| Govt. expenses (% of GDP)[8] | 44.425 | 43.125 | 41.886 | 47.366 | 36.011 | 45.143 | 37.717 | 41.634 | 41.189 | 33.323 |
| Debt to revenue (years) |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Seychelles", from The World Factbook. Referenced 2010-10-04.
- ↑ Heritage Foundation. "Seychelles", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-04.
- ↑ Transparency International. "Seychelles", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-10-04.
- ↑ Doing Business. "Seychelles", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-04.
- ↑ World Bank. "Seychelles: GDP", from World Bank Data. Referenced 2010-10-04.
- ↑ World Bank. "Seychelles: government debt", from World Bank Data. Referenced 2010-10-04.
- ↑ World Bank. "Seychelles: government revenue", from World Bank Data. Referenced 2010-10-04.
- ↑ World Bank. "Seychelles: government expenses", from World Bank Data. Referenced 2010-10-04.
Links
- Seychelles on Wikipedia
- Central bank of Seychelles
- Studies from the Library of Congress (1986-1998)
- BBC country profile
