Seychelles Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Seychelles's government debt to gdp was 56.71% in 2025, ranked 87th globally. This represents a 1.6% decrease from 2024. Data from IMF WEO, covering 1990–2025.
Overview
Seychelles's government debt to gdp stood at 56.71% in 2025, a decline of +0.90% from 2024. The IMF projects 56.71% by 2025. Seychelles ranked 87th globally.
Seychelles' government debt to GDP ratio has fluctuated significantly over the past three and a half decades, with a notable peak in 2001 at 199.79. The country's debt burden was highest during this period due to a combination of factors, including a global economic downturn and a decline in international reserves. In contrast, Seychelles' debt to GDP ratio reached an all-time trough in 2019, with a value of 48.85. However, in recent years, the ratio has increased, standing at 56.71 as of 2025, ranking the country 87 globally. This is comparable to peer countries such as Croatia, which has a slightly higher ratio of 56.99. Given the current trajectory, a further increase in government debt is likely unless fiscal policy changes, such as implementing measures to boost economic growth or reducing public expenditure, are implemented to mitigate the country's debt burden.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 46.63% | - | - |
| 2029* IMF | 50.07% | - | - |
| 2028* IMF | 53.97% | - | - |
| 2027* IMF | 57.25% | - | - |
| 2026* IMF | 58.38% | - | - |
| 2025* IMF | 56.71% | - | - |
| 2025 | 56.71% | −0.90% | #87 |
| 2024 | 57.61% | +2.31% | #103 |
| 2023 | 55.29% | −4.72% | #96 |
| 2022 | 60.01% | −10.96% | #106 |
| 2021 | 70.96% | −6.41% | #126 |
| 2020 | 77.37% | +28.52% | #132 |
| 2019 | 48.85% | −2.40% | #96 |
| 2018 | 51.26% | −5.40% | #102 |
| 2017 | 56.65% | −6.19% | #120 |
| 2016 | 62.84% | −1.83% | #134 |
| 2015 | 64.67% | −5.72% | #140 |
| 2014 | 70.39% | +2.19% | #151 |
| 2013 | 68.20% | −11.87% | #150 |
| 2012 | 80.07% | −2.44% | #166 |
| 2011 | 82.51% | +0.28% | #167 |
Detected Pattern
Analysis
Seychelles matched the Orthodox Tightening Cycle pattern in 2009. Historically, 57% of countries showing this pattern (177 out of 311) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Seychelles's government debt to gdp was 56.71% in 2025. Ranked 87th globally. This represents a 1.6% decrease from the previous year.
Seychelles's government debt to gdp peaked at 199.79% in 2001.
The lowest government debt to gdp in Seychelles was 48.85% in 2019.
Seychelles ranks 87th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Seychelles's government debt to gdp is projected to reach 56.71% by 2025 based on IMF projection.
The government debt to gdp of Seychelles in 2025 was 56.71%. This ranks 87th in the world.
Cite this page
@misc{historysaid_seychelles_government-debt-to-gdp,
title = {Seychelles Government Debt to GDP},
url = {https://historysaid.com/seychelles/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}