Country Report Seychelles March 2011

Economic structure: Annual indicators

	2006a	2007a	2008a	2009a	2010b
GDP at market prices (SRs bn)	5.3	6.9	8.8	10.4	10.6
GDP (US$ bn)	1.0	1.0	0.9	0.8	0.9
Real GDP growth (%)	8.3	9.8	-1.0	-7.4	6.0
Consumer price inflation (av; %)	-0.4	5.3	37.0	31.8	-2.4a
Population (m)c	0.1	0.1	0.1b	0.1b	0.1
Exports of goods fob (US$ m)	420.1	391.7	496.8	432.5	425.2
Imports of goods fob (US$ m)	-710.4	-804.0	-1,004.9	-759.1	-871.5
Current-account balance (US$ m)	-145.2	-274.8	-406.9	-284.2	-417.8
Foreign-exchange reserves excl gold (US$ m)	112.9	40.8	63.8	190.6	197.4
Exchange rate (av) SRs:US$	5.52	6.70	9.46	13.61	12.07a
a Actual. b Economist Intelligence Unit estimates. c IMF mid-year estimates.

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Origins of gross domestic product 2008	% of total	Components of gross domestic product 2008	% of total
Agriculture	3.5	Private consumption	80.6
Industry	34.8	Government consumption	13.4
Services	134.1	Gross domestic investment	25.5
		Exports of goods & services	117.7
		Imports of goods & services	137.2

Principal exports 2008	US$ m	Principal imports 2007	US$ m
Canned tuna	215.4	Food & live animals	183.1
Frozen & fresh fish	7.0	Manufactures	174.0
Prawns	1.8	Machinery & transport equipment	225.2

Main destinations of exports 2009a	% of total	Main origins of imports 2009a	% of total
UK	28.1	Saudi Arabia	19.1
France	21.0	Spain	8.7
Italy	10.7	South Africa	7.8
Japan	7.9	France	7.4
Spain	5.4	Brazil	7.0
a Derived from partners’ trade returns.

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Whilst every effort has been taken to verify the accuracy of this information, The Economist lntelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this information

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