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Compare Seychelles (2004) - Seychelles (2005)

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 Seychelles (2004)Seychelles (2005)
 SeychellesSeychelles
Age structure 0-14 years: 26.9% (male 10,987; female 10,717)


15-64 years: 66.9% (male 26,380; female 27,731)


65 years and over: 6.2% (male 1,638; female 3,379) (2004 est.)
0-14 years: 26.4% (male 10,839/female 10,601)


15-64 years: 67.4% (male 26,709/female 28,025)


65 years and over: 6.2% (male 1,622/female 3,392) (2005 est.)
Airports 15 (2003 est.) 15 (2004 est.)
Background A lengthy struggle between France and Great Britain for the islands ended in 1814, when they were ceded to the latter. Independence came in 1976. Socialist rule was brought to a close with a new constitution and free elections in 1993. The most recent presidential elections were held 31 August-2 September 2001. President RENE, who has served since 1977, was re-elected. On 14 April 2004 RENE stepped down and Vice President James MICHEL was sworn in as president. A lengthy struggle between France and Great Britain for the islands ended in 1814, when they were ceded to the latter. Independence came in 1976. Socialist rule was brought to a close with a new constitution and free elections in 1993. The most recent presidential elections were held in 2001; President RENE, who had served since 1977, was re-elected. In April 2004 RENE stepped down and Vice President James MICHEL was sworn in as president.
Birth rate 16.55 births/1,000 population (2004 est.) 16.22 births/1,000 population (2005 est.)
Budget revenues: $338.7 million


expenditures: $323.3 million, including capital expenditures of NA (2003 est.)
revenues: $318.3 million


expenditures: $298.5 million, including capital expenditures of NA (2004 est.)
Currency Seychelles rupee (SCR) -
Death rate 6.41 deaths/1,000 population (2004 est.) 6.34 deaths/1,000 population (2005 est.)
Debt - external $213 million (2003 est.) $218.1 million (2004 est.)
Economy - overview Since independence in 1976, per capita output in this Indian Ocean archipelago has expanded to roughly seven times the old near-subsistence level. Growth has been led by the tourist sector, which employs about 30% of the labor force and provides more than 70% of hard currency earnings, and by tuna fishing. In recent years the government has encouraged foreign investment in order to upgrade hotels and other services. At the same time, the government has moved to reduce the dependence on tourism by promoting the development of farming, fishing, and small-scale manufacturing. A sharp drop illustrated the vulnerability of the tourist sector in 1991-92 due largely to the Gulf war, and once again following the 11 September 2001 terrorist attacks on the US. Other issues facing the government are the curbing of the budget deficit, including the containment of social welfare costs, and further privatization of public enterprises. Growth slowed in 1998-2002, due to sluggish tourist and tuna sectors. Also, tight controls on exchange rates and the scarcity of foreign exchange have impaired short-term economic prospects. The black market value of the Seychelles rupee is half the official exchange rate; without a devaluation of the currency the tourist sector should remain sluggish as vacationers seek cheaper destinations such as Comoros, Mauritius, and Madagascar. Since independence in 1976, per capita output in this Indian Ocean archipelago has expanded to roughly seven times the old near-subsistence level. Growth has been led by the tourist sector, which employs about 30% of the labor force and provides more than 70% of hard currency earnings, and by tuna fishing. In recent years the government has encouraged foreign investment in order to upgrade hotels and other services. At the same time, the government has moved to reduce the dependence on tourism by promoting the development of farming, fishing, and small-scale manufacturing. A sharp drop illustrated the vulnerability of the tourist sector in 1991-92 due largely to the Gulf war, and once again following the 11 September 2001 terrorist attacks on the US. Growth slowed in 1998-2002, and fell in 2003, due to sluggish tourist and tuna sectors, but resumed in 2004, erasing a persistent budget deficit. Tight controls on exchange rates and the scarcity of foreign exchange have impaired short-term economic prospects. The black market value of the Seychelles rupee is half the official exchange rate; without a devaluation of the currency the tourist sector may remain sluggish as vacationers seek cheaper destinations such as Comoros, Mauritius, and Madagascar.
Electricity - consumption 148.8 million kWh (2001) 202.8 million kWh (2002)
Electricity - exports 0 kWh (2001) 0 kWh (2002)
Electricity - imports 0 kWh (2001) 0 kWh (2002)
Electricity - production 160 million kWh (2001) 218 million kWh (2002)
Exchange rates Seychelles rupees per US dollar - 5.4007 (2003), 5.48 (2002), 5.8575 (2001), 5.7138 (2000), 5.3426 (1999) Seychelles rupees per US dollar - 5.5 (2004), 5.4007 (2003), 5.48 (2002), 5.8575 (2001), 5.7138 (2000)
Exports NA (2001) NA
Exports - partners UK 38.8%, France 31.8%, Italy 14.5%, Germany 7.5% (2003) UK 27.7%, France 15.8%, Spain 12.6%, Japan 8.6%, Italy 7.5%, Germany 5.6% (2004)
GDP purchasing power parity - $626 million (2002 est.) -
GDP - composition by sector agriculture: 2.8%


industry: 28.7%


services: 68.9% (2003)
agriculture: 2.8%


industry: 28.7%


services: 68.9% (2004 est.)
GDP - real growth rate 1.5% (2002 est.) 1.5% (2004 est.)
Geography - note 40 granitic and about 50 coralline islands 41 granitic and about 75 coralline islands
Imports NA (2001) NA
Imports - partners Saudi Arabia 15.7%, South Africa 10.9%, Spain 10.4%, France 9.7%, Italy 9.2%, Singapore 7%, UK 6.8% (2003) Saudi Arabia 15.5%, Spain 13.3%, France 10.3%, Singapore 7%, South Africa 6.8%, Italy 6.7%, UK 4.7% (2004)
Infant mortality rate total: 15.97 deaths/1,000 live births


male: 20.2 deaths/1,000 live births


female: 11.61 deaths/1,000 live births (2004 est.)
total: 15.53 deaths/1,000 live births


male: 19.65 deaths/1,000 live births


female: 11.28 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 3.3% (2003 est.) 5% (2004 est.)
International organization participation ACCT, ACP, AfDB, AU, C, FAO, G-77, IAEA, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO, InOC, Interpol, IOC, ISO (correspondent), ITU, MIGA, NAM, OPCW, SADC, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WToO, WTrO (observer) ACCT, ACP, AfDB, AU, C, FAO, G-77, IAEA, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO, InOC, Interpol, IOC, ISO (correspondent), ITU, MIGA, NAM, OPCW, SADC, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WToO, WTO (observer)
Languages English (official), French (official), Creole Creole 91.8%, English 4.9% (official), other 3.1%, unspecified 0.2% (2002 census)
Legislative branch unicameral National Assembly or Assemblee Nationale (34 seats - 25 elected by popular vote, 9 allocated on a proportional basis to parties winning at least 10% of the vote; members serve five-year terms)


elections: last held 4-6 December 2002 (next held by 2007)


election results: percent of vote by party - SPPF 54.3%, SNP 42.6%, DP 3.1%; seats by party - SPPF 23, SNP 11


note: the 9 awarded seats are apportioned according to the percentage that each party won of the total vote
unicameral National Assembly or Assemblee Nationale (34 seats - 25 elected by popular vote, 9 allocated on a proportional basis to parties winning at least 10% of the vote; members serve five-year terms)


elections: last held 4-6 December 2002 (next to be held by 2007)


election results: percent of vote by party - SPPF 54.3%, SNP 42.6%, DP 3.1%; seats by party - SPPF 23, SNP 11


note: the 9 awarded seats are apportioned according to the percentage that each party won of the total vote
Life expectancy at birth total population: 71.53 years


male: 66.1 years


female: 77.14 years (2004 est.)
total population: 71.82 years


male: 66.41 years


female: 77.4 years (2005 est.)
Literacy definition: age 15 and over can read and write


total population: 58%


male: 56%


female: 60% (1971 est.)
definition: age 15 and over can read and write


total population: 91.9%


male: 91.4%


female: 92.3% (2003 est.)
Location Eastern Africa, group of islands in the Indian Ocean, northeast of Madagascar archipelago in the Indian Ocean, northeast of Madagascar
Merchant marine total: 8 ships (1,000 GRT or over) 42,223 GRT/63,538 DWT


by type: cargo 4, chemical tanker 3, container 1


foreign-owned: Bulgaria 1, Cyprus 1, Nigeria 1, South Africa 2 (2004 est.)
total: 5 ships (1,000 GRT or over) 42,223 GRT/63,538 DWT


by type: cargo 1, chemical tanker 3, refrigerated cargo 1


foreign-owned: 1 (Nigeria 1) (2005)
Military branches Army, Coast Guard (including Navy Wing, Air Wing), National Guard, Presidential Protection Unit (includes Presidential Guard), Seychelles National Police (includes Police Mobile Unit) Seychelles Defense Force: Army, Coast Guard (includes Navy Wing, Air Wing), National Guard (2005)
Military expenditures - dollar figure $11.6 million (2003) $12.3 million (2004)
Military expenditures - percent of GDP 1.8% (2003) 1.8% (2004)
Military manpower - availability males age 15-49: 23,661 (2004 est.) -
Military manpower - fit for military service males age 15-49: 11,712 (2004 est.) -
Net migration rate -5.69 migrant(s)/1,000 population (2004 est.) -5.54 migrant(s)/1,000 population (2005 est.)
Population 80,832 (July 2004 est.) 81,188 (July 2005 est.)
Population growth rate 0.45% (2004 est.) 0.43% (2005 est.)
Religions Roman Catholic 86.6%, Anglican 6.8%, other Christian 2.5%, other 4.1% Roman Catholic 82.3%, Anglican 6.4%, Seventh Day Adventist 1.1%, other Christian 3.4%, Hindu 2.1%, Muslim 1.1%, other non-Christian 1.5%, unspecified 1.5%, none 0.6% (2002 census)
Sex ratio at birth: 1.03 male(s)/female


under 15 years: 1.03 male(s)/female


15-64 years: 0.95 male(s)/female


65 years and over: 0.49 male(s)/female


total population: 0.93 male(s)/female (2004 est.)
at birth: 1.03 male(s)/female


under 15 years: 1.02 male(s)/female


15-64 years: 0.95 male(s)/female


65 years and over: 0.48 male(s)/female


total population: 0.93 male(s)/female (2005 est.)
Total fertility rate 1.77 children born/woman (2004 est.) 1.75 children born/woman (2005 est.)
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