Seychelles GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$17,858.82

Source: world bank Nominal/PPP
Summary:

Seychelles GDP Per Capita expanded from 1960 to 2024, increasing from $288.06 to $17,858.82 .The compound annual growth rate (CAGR) averaged 6.66% over the period. The economy recorded its peak level in 2019 and its lowest level in 1961. Growth volatility remained high. The maximum drawdown reached 26.64%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.

Latest GDP Per Capita of Seychelles 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 17,858.82 dollars$ 33,238.58 Int dollars
Growth (YoY)-2.212%4.587%
Net Change vs Previous Year$ -403.89 dollars$ 1,457.80 Int dollars
% of World GDP Per Capita16.09%16.65%
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
1960288.06-----
1961270.28-17.78-6.172 %---
1962287.0416.776.203 %---
1963308.221.157.368 %---
1964332.324.117.823 %---
1965328.48-3.82-1.15 %---
1966337.659.162.789 %---
1967333.23-4.41-1.307 %---
1968314.35-18.88-5.667 %---
1969314.18-0.17-0.054 %---
1970343.8829.79.454 %---
1971401.6157.7316.787 %---
1972546.95145.3436.19 %---
1973648.53101.5818.572 %---
1974744.5195.9714.799 %---
1975806.2361.738.291 %---
1976814.478.241.022 %---
19771044.35229.8828.224 %---
19781376.55332.1931.809 %---
19792030.14653.5947.48 %---
19802478.36448.2322.079 %---
19812557.2178.843.181 %---
19822440.68-116.52-4.557 %---
19832426.33-14.35-0.588 %---
19842487.6461.312.527 %---
19852754.15266.510.713 %---
19863368.47614.3322.306 %---
19873871.78503.314.942 %---
19884392.2520.4213.441 %---
19894689.13296.946.761 %---
19905642.07952.9420.322 %8954.95--
19915654.6412.570.223 %9387.46432.524.83 %
19926520.49865.8515.312 %10242.99855.529.113 %
19936978.68458.197.027 %11019.57776.587.582 %
19946974.87-3.81-0.055 %10691.77-327.79-2.975 %
19957180.67205.82.951 %10808.81117.041.095 %
19967004.34-176.33-2.456 %11930.81121.9910.38 %
19977746.7742.3610.599 %13457.581526.7812.797 %
19988209.51462.825.974 %13674.55216.971.612 %
19998243.2433.720.411 %13852.88178.331.304 %
20008063.66-179.58-2.179 %14637.96785.085.667 %
20018153.389.641.112 %14614.83-23.13-0.158 %
20028864.17710.878.719 %14569.63-45.21-0.309 %
20039070.28206.122.325 %14141.72-427.9-2.937 %
200410827.671757.3919.375 %14160.4118.680.132 %
200511802.11974.449 %15846.051685.6411.904 %
200612782.99980.888.311 %17503.21657.1510.458 %
200712669.3-113.69-0.889 %19473.421970.2211.256 %
200811265.44-1403.87-11.081 %18880.57-592.85-3.044 %
20099747.09-1518.35-13.478 %18453.44-427.13-2.262 %
201010934.791187.712.185 %18981.66528.222.862 %
201112110.091175.310.748 %21780.712799.0514.746 %
201212337.16227.061.875 %22263.82483.112.218 %
201314821.292484.1420.135 %22487.25223.431.004 %
201415188.19366.92.475 %24984.532497.2811.105 %
201515333.11144.910.954 %25435.23450.71.804 %
201616566.991233.898.047 %28811.43376.1713.274 %
201717480.37913.375.513 %30674.651863.256.467 %
201818440.23959.875.491 %32091.31416.654.618 %
201919141.51701.283.803 %34219.062127.766.63 %
202014041.48-5100.04-26.644 %31055.94-3163.12-9.244 %
202114982.91941.446.705 %29979.83-1076.12-3.465 %
202216836.671853.7612.373 %29972.88-6.95-0.023 %
202318262.711426.048.47 %31780.781807.916.032 %
202417858.82-403.89-2.212 %33238.581457.84.587 %

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
  • Contraction (1967–1969) indicating temporary slowdown
  • 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
  • High Growth (1997–1998) indicating robust economic expansion
  • High Growth (2004–2006) indicating robust economic expansion
  • Crisis (2008–2009) indicating severe economic downturn
  • 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 47.48%, while the largest decline was in 2020 at -26.644%.