Seychelles' GDP is estimated to have grown by 7.1 percent in 2021 after a decline of 9.9 percent in 2020. Thanks to an accommodating monetary policy by the central bank, inflation rose from 1.8 percent in 2020 to 9.7 percent in 2021. The current account deficit decreased slightly from 23.1 percent in 2020 to 19.8 percent in 2021, reflecting the recovery. The exchange rate depreciated from SCR 13.8 to SCR 21.3 per USD 1 in February 2021. External reserves remain strong, with 4.5 months of import cover in 2021. The SDR allocation to Seychelles was 21.9 million. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
In June 2017, the banking sector of Seychelles represented a total asset of $0.27 billion.
Credit distributed to businesses represents $0.28 billion and, more broadly, credit to private sector totaling $0.40 billion.
Seychelles Securities Exchange has 9 listed companies, representing, at the end of 2017, a market capitalization of $ 0.1 billion.
