Seychelles GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$2.17

Source: world bank Nominal/PPP
Summary:

Seychelles GDP Per Capita expanded from 1960 to 2024, increasing from $0.01 to $2.17 .The compound annual growth rate (CAGR) averaged 8.77% over the period. The economy recorded its peak level in 2023 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 26.2%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Seychelles 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 2.17 dollars$ 4.03 Int dollars
Growth (YoY)-0.921%5.968%
Net Change vs Previous Year$ -0.02 dollars$ 0.23 Int dollars
% of World GDP Per Capita0.00%0.00%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Seychelles GDP | Seychelles GDP Growth

Seychelles Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19600.01-----
19610.010-3.497 %---
19620.0109.058 %---
19630.01010.133 %---
19640.02010.558 %---
19650.0201.364 %---
19660.0205.384 %---
19670.0201.149 %---
19680.020-3.355 %---
19690.0202.352 %---
19700.02012.035 %---
19710.02019.173 %---
19720.030.0139.512 %---
19730.040.0120.399 %---
19740.040.0116.907 %---
19750.05010.823 %---
19760.0503.087 %---
19770.060.0230.941 %---
19780.090.0232.585 %---
19790.130.0448.752 %---
19800.160.0323.199 %---
19810.160.014.444 %---
19820.16-0.01-3.993 %---
19830.160-0.708 %---
19840.1603.136 %---
19850.180.0211.615 %---
19860.220.0423.07 %---
19870.270.0419.926 %---
19880.30.0413.865 %---
19890.320.027.4 %---
19900.390.0720.914 %0.62--
19910.40.011.567 %0.660.046.236 %
19920.460.0615.843 %0.720.069.615 %
19930.50.049.281 %0.80.079.847 %
19940.520.012.646 %0.790-0.353 %
19950.540.024.475 %0.810.022.592 %
19960.54-0.01-1.014 %0.910.112.012 %
19970.60.0611.904 %1.040.1314.128 %
19980.650.058.067 %1.080.043.619 %
19990.660.022.403 %1.110.043.314 %
20000.65-0.01-1.301 %1.190.076.615 %
20010.660.011.2 %1.190-0.071 %
20020.740.0812.094 %1.220.032.786 %
20030.750.011.174 %1.17-0.05-4.029 %
20040.890.1418.934 %1.170-0.238 %
20050.980.089.506 %1.310.1512.424 %
20061.080.110.588 %1.480.1712.78 %
20071.080-0.382 %1.660.1811.826 %
20080.98-0.1-9.07 %1.64-0.01-0.852 %
20090.85-0.13-13.138 %1.61-0.03-1.878 %
20100.980.1315.362 %1.70.095.775 %
20111.060.087.875 %1.90.211.769 %
20121.090.032.879 %1.970.063.226 %
20131.330.2422.375 %2.020.062.886 %
20141.390.054.082 %2.280.2612.847 %
20151.430.043.23 %2.380.094.099 %
20161.570.149.502 %2.730.3514.799 %
20171.680.116.813 %2.940.217.778 %
20181.780.116.503 %3.110.175.621 %
20191.870.084.729 %3.340.247.581 %
20201.38-0.49-26.015 %3.06-0.28-8.466 %
20211.490.17.567 %2.98-0.08-2.685 %
20222.020.5335.717 %3.590.6220.746 %
20232.190.178.375 %3.810.215.939 %
20242.17-0.02-0.921 %4.030.235.968 %

Seychelles Economic Phases (1960 - 2024)

From 1960 to 2024, Seychelles economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1962–1964) indicating robust economic expansion
  • High Growth (1970–1975) indicating robust economic expansion
  • High Growth (1977–1980) indicating robust economic expansion
  • Contraction (1982–1983) indicating temporary slowdown
  • High Growth (1985–1990) indicating robust economic expansion
  • High Growth (1992–1993) indicating robust economic expansion
  • Expansion (1994–1995) indicating steady moderate growth
  • High Growth (1997–1998) indicating robust economic expansion
  • High Growth (2004–2006) indicating robust economic expansion
  • Contraction (2007–2008) indicating temporary slowdown
  • High Growth (2010–2011) indicating robust economic expansion
  • Expansion (2014–2015) indicating steady moderate growth
  • High Growth (2016–2018) indicating robust economic expansion
  • High Growth (2021–2023) indicating robust economic expansion
  • Contraction (2024–2024) indicating temporary slowdown

The most remarkable growth occurred in 1979 with an increase of 48.752%, while the largest decline was in 2020 at -26.015%.