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GDP Growth in Seychelles

#45 of 189 in the GDP Growth progress rankings

Measured as the annual percentage change in real GDP at constant national prices, this indicator shows the year-on-year rate of economic expansion. It reveals economic momentum and growth trends (higher is better).

Latest (2024)
3.5 %
Year-over-year
+1.2 %
Change since start (1961→2024)
+8.4 %

Key insights

  • From 1961 to 2024, GDP Growth changed by +8.4 %.
  • Most recent year-over-year change (2023→2024): +1.2 %.
  • Lowest level: -11.7 % in 2020.
  • Highest level: 21.2 % in 1978.

GDP Growth Chart (1961–2024)

*Average based on available data from 193 UN member countries

GDP Growth Table (1961–2024)

GDP Growth — Seychelles
Year GDP Growth
1961 -4.9 %
1962 8.4 %
1963 10.1 %
1964 5.9 %
1965 -1.1 %
1966 13.9 %
1967 0.5 %
1968 7.6 %
1969 0.0 %
1970 8.9 %
1971 15.9 %
1972 6.3 %
1973 9.1 %
1974 1.3 %
1975 3.2 %
1976 16.3 %
1977 -6.2 %
1978 21.2 %
1979 15.8 %
1980 -5.1 %
1981 -3.9 %
1982 -2.1 %
1983 -0.6 %
1984 4.3 %
1985 10.3 %
1986 0.8 %
1987 4.9 %
1988 5.3 %
1989 10.3 %
1990 7.5 %
1991 2.8 %
1992 7.2 %
1993 7.3 %
1994 -2.4 %
1995 0.5 %
1996 10.0 %
1997 12.2 %
1998 2.5 %
1999 1.9 %
2000 4.3 %
2001 -2.3 %
2002 1.2 %
2003 -5.9 %
2004 -2.9 %
2005 9.0 %
2006 9.4 %
2007 8.9 %
2008 -2.7 %
2009 -2.5 %
2010 4.5 %
2011 9.5 %
2012 3.1 %
2013 1.3 %
2014 4.1 %
2015 8.9 %
2016 12.1 %
2017 7.0 %
2018 4.9 %
2019 5.5 %
2020 -11.7 %
2021 0.6 %
2022 12.7 %
2023 2.3 %
2024 3.5 %

Source: World Bank