Seychelles : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

June 21, 1996

Summary:

This paper reviews economic developments in Seychelles during 1990–95. After growing in 1992 and 1993 by 6.9 percent and 5.1 percent, respectively, real GDP contracted in 1994 by an estimated 1.6 percent, mainly as a result of a sharp decline in tourist receipts and a poor performance in the fishing sector. The annual rate of inflation as measured by the retail price index remained subdued at about 1.6 percent during 1993–94, compared with about 2.6 percent during the preceding two years.

Series:

Country Report No. 96/46

Subject:

Notes:

This report was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

June 21, 1996

ISBN/ISSN:

9781451836189/1934-7685

Stock No:

1SYCEA0011996

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

100

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