Seychelles [+]Compare [E]dit [H]istory

Aliases: Republic of Seychelles

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Object «Seychelles» has attributes

Attribute Value
Geography
Area 455 km²
Continent Africa
Land area 455 km²
Water area 0 km²
Land boundaries 0 km
Border countries Add
Coastline 491 km
Mean elevation Add
Lowest point 0 m
Highest point 905 m
People
Population 95,981
Official languages
  • English
  • French
  • Seychellois Creole
Religion Roman Catholic
Government
Long country name Republic of Seychelles
Short country name Seychelles
Long local name Republic of Seychelles
Short local name Seychelles
Former name Add
Government type Presidential republic
Capital Victoria
Economy
GDP (PPP) 2,750,000,000 USD
GDP (OER) 1,498,000,000 USD
GDP (real growth rate) 5.3 %
GDP - per capita (PPP) 29,300 USD
Gross national saving 8.1 % of GDP
Labor force 47,210
Unemployment rate 3 %
Population below poverty line 39.3 %
Budget revenues 593,400,000 USD
Budget expenditures 600,700,000 USD
Military expenditures 1.44 % of GDP
Taxes and other revenues 39.6 % of GDP
Budget surplus or deficit -0.5 % of GDP
Public debt 63.6 % of GDP
Inflation rate 2.9 %
Central bank discount rate 11.17 %
Commercial bank prime lending rate 12.24 %
Stock of narrow money 627,300,000 USD
Stock of broad money 627,300,000 USD
Stock of domestic credit 650,300,000 USD
Market value of publicly traded shares Add
Current account balance -307,000,000 USD
Exports 564,800,000 USD
Imports 1,155,000,000 USD
Reserves of foreign exchange and gold 545,200,000 USD
External debt 2,559,000,000 USD
National currency Seychelles rupees
National currency (code) SCR
National currency (symbol)
National currency rate to USD 13.64

A lengthy struggle between France and Great Britain for the islands ended in 1814, when they were ceded to the latter. During colonial rule, a plantation-based economy developed that relied on imported labor, primarily from European colonies in Africa. Independence came in 1976. Following a coup d’etat in 1977, the country was a socialist one-party state until adopting a new constitution and holding free elections in 1993. President France-Albert RENE, who had served since 1977, was reelected in 2001, but stepped down in 2004. Vice President James Alix MICHEL took over the presidency and in 2006 was elected to a new five-year term; he was reelected in 2011 and again in 2015. In 2016, James MICHEL resigned and handed over the presidency to his vice-president, Danny FAURE.

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There were 2 edits, no edits waiting approval. Last edited by Guest_1196(-101), May 26, 2020 (46 fields were changed)
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