Budget balance — all countries

Budget balance — Seychelles

Budget balance in the Seychelles in 2031 — -0.6%. Ranked 42 in the world out of 188. Since 1983, the indicator has risen by 2.5 pp.

2031 -0.6% +0.2 pp vs 2030
World rank 42of 188
Period maximum 11.9%1990
Period minimum -16.7%1998

Trend over time

1983–2031 · % of GDP

Budget balance — Seychelles, 1983–2031-20-1001020198319881993199820032008201320182023202820311983: -3.1%1984: -6.1%1985: -4.9%1986: -10.1%1987: 2.8%1988: 11.8%1989: 8.3%1990: 11.9%1991: 3.2%1992: 6.4%1993: -3.6%1994: -6.9%1995: -2.6%1996: -9.7%1997: -5.9%1998: -16.7%1999: -10.3%2000: -14.7%2001: -8.9%2002: -16.3%2003: 3.4%2004: 0.4%2005: 0.4%2006: -2.5%2007: -9.9%2008: 7.9%2009: 4.8%2010: 0.5%2011: 3.4%2012: 2.9%2013: 0.3%2014: 2.9%2015: 1.4%2016: 0%2017: -1.7%2018: -0.8%2019: 0.4%2020: -15.7%2021: -5.8%2022: -0.8%2023: -1.2%2024: -0.7%2025: -1%2026: -2.1%2027: -1.2%2028: -0.8%2029: -0.9%2030: -0.8%2031: -0.6%
Change over the period: +2.5 pp Annual average: 0.05 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Seychelles

Seychelles -0.6%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Eastern Africa computed -3.73%
High-income countries computed -4.26%
Budget balance — Seychelles, by year Seychelles All countries CSV XLSX
Year % Change, pp
2031 -0.6 +0.2 pp
2030 -0.8 +0.1 pp
2029 -0.9 −0.1 pp
2028 -0.8 +0.4 pp
2027 -1.2 +0.9 pp
2026 -2.1 −1.1 pp
2025 -1 −0.3 pp
2024 -0.7 +0.5 pp
2023 -1.2 −0.4 pp
2022 -0.8 +5 pp
2021 -5.8 +9.9 pp
2020 -15.7 −16.1 pp
2019 0.4 +1.2 pp
2018 -0.8 +0.9 pp
2017 -1.7 −1.7 pp
2016 0 −1.4 pp
2015 1.4 −1.5 pp
2014 2.9 +2.6 pp
2013 0.3 −2.6 pp
2012 2.9 −0.5 pp
2011 3.4 +2.9 pp
2010 0.5 −4.3 pp
2009 4.8 −3.1 pp
2008 7.9 +17.8 pp
2007 -9.9 −7.4 pp
2006 -2.5 −2.9 pp
2005 0.4 +0 pp
2004 0.4 −3 pp
2003 3.4 +19.7 pp
2002 -16.3 −7.4 pp
2001 -8.9 +5.8 pp
2000 -14.7 −4.4 pp
1999 -10.3 +6.4 pp
1998 -16.7 −10.8 pp
1997 -5.9 +3.8 pp
1996 -9.7 −7.1 pp
1995 -2.6 +4.3 pp
1994 -6.9 −3.3 pp
1993 -3.6 −10 pp
1992 6.4 +3.2 pp
1991 3.2 −8.7 pp
1990 11.9 +3.6 pp
1989 8.3 −3.5 pp
1988 11.8 +9 pp
1987 2.8 +12.9 pp
1986 -10.1 −5.2 pp
1985 -4.9 +1.2 pp
1984 -6.1 −3 pp
1983 -3.1

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.