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Seychelles

Republic of Seychelles

English, French, Creole Seychellois Rupee (SCR) Mixed: English common law, French civil law
AU, SADC, COMESA, AfCFTA, Commonwealth, WTO

Seychelles is Africa's smallest country by population (~100,000) but has the continent's highest GDP per capita ($17,500+) and HDI score (0.785). The economy is driven by high-end tourism, industrial fishing (one of the world's largest tuna processing facilities), and a growing offshore financial services sector. The Seychelles Securities Exchange (TROP-X) serves as a small but regulated market. The country has achieved near-universal electricity access and high internet penetration. Challenges include a small domestic market, vulnerability to global tourism cycles, climate change (sea level rise), and import dependence for food and fuel. The country actively promotes its Blue Economy strategy focused on sustainable ocean resources.

Snapshot

Population~0.1 MWorld Bank, 2025
GDP (current USD)$2.4 BWorld Bank, 2025
GDP per Capita$19,449World Bank, 2025
GDP Growth5.80%World Bank, 2025
Inflation (y/y)~0.30%World Bank, 2025
Policy Rate2.00%Central Bank
Internet Use~87.82%World Bank, 2024
Electrification~100.00%World Bank WDI
CPI Score (Rank)52.0/100 (#48)Transparency Intl
HDI (Rank)0.785 (#74)UNDP HDR
MarketSeychelles Securities Exchange (TROP-X)

World Bank Indicators Compare with another country

GDP (current USD)$2.4 BWorld Bank, 2025
GDP growth (annual)5.80%World Bank, 2025
GDP per capita (USD)$19,449World Bank, 2025
Population, total122,730World Bank, 2025
FDI net inflows (USD)$226.1 MWorld Bank, 2024
Inflation (consumer prices)0.30%World Bank, 2025
Unemployment (% labour force)No value publishedWorld Bank, none for 2016 to 2025
Internet use (% of people)87.82%World Bank, 2024
Trade (% of GDP)172.29%World Bank, 2025

Climate Readiness Full ranking

83out of 100
Advanced readiness
Climate adaptation readiness for Seychelles, from 5 of 5 measured indicators.
Energy access100100.0% · 30% weight
Governance readiness5252 / 100 CPI · 20% weight
Human readiness790.785 HDI · 20% weight
Economic readiness100$19,449, 2025 · 15% weight
Digital readiness7979.0% · 15% weight
This scores climate adaptation readiness (adaptive capacity), following the readiness dimension of the ND-GAIN framework. It is built only from measured values already held on this profile and normalised 0-100. It does not measure emissions or physical climate vulnerability: the platform does not yet hold emissions, hazard-exposure or natural-capital series. Energy access is the single most climate-specific indicator held; the other four are governance, economic, human-development and digital readiness proxies. The economic sub-score is relative to the African countries the platform covers.
How this is computed

Adaptive capacity to absorb climate finance and adapt, following the readiness dimension of the ND-GAIN framework. Built only from measured values already held on each country profile. It is not a measure of emissions or physical climate vulnerability, which the platform does not yet hold.

  • Energy access (30%) — World Bank, access to electricity (% of population). The single most climate and energy specific signal held: SDG 7 and the clean-energy transition.
  • Governance readiness (20%) — Transparency International, Corruption Perceptions Index (0-100). ND-GAIN governance readiness: the capacity to govern and deploy climate finance. Higher is cleaner.
  • Human readiness (20%) — UNDP, Human Development Index (0-1). ND-GAIN social readiness: the adaptive capacity of the population.
  • Economic readiness (15%) — World Bank, GDP per capita (current US$), latest measured year. ND-GAIN economic readiness: the capacity to finance adaptation. Scored relative to the covered set.
  • Digital readiness (15%) — World Bank, individuals using the Internet (% of population). Information systems for early warning and adaptation.

A country is scored only when at least 4 of the five indicators are held. Sub-scores are weighted and renormalised over the indicators that are present; nothing is estimated for one that is absent.

Country Facts

CapitalVictoria
RegionEast Africa
CurrencySeychellois Rupee (SCR)
FX RegimeFree float
Stock ExchangeSeychelles Securities Exchange (TROP-X)
Legal SystemMixed: English common law, French civil law
Time ZoneIndian/Mahe

Focus Sectors

Tourism
Fisheries (tuna)
Financial Services (offshore)
Port Services
Telecoms
Real Estate
Renewable Energy

Regulations & Taxes

Corporate Income Tax25% standard (33% for specific activities)
VAT / Sales Tax15% standard