Seychelles Tax Revenue
Tax revenue as % of GDP GC.TAX.TOTL.GD.ZS
Seychelles's tax revenue was 22.08% in 2008, ranked 86th globally. This represents a 1.0% decrease from 2007. Data from World Bank, covering 1985–2008.
Overview
Seychelles's tax revenue stood at 22.08% in 2008, a decline of +0.22% from 2007. Seychelles ranked 86th globally.
Seychelles' tax revenue has experienced significant fluctuations over the past two decades. The island nation's tax revenue peaked in 1989 at 34.57% of GDP, a level surpassed by few countries globally. Conversely, the country's tax revenue troughed in 2008, reaching a mere 22.08% of GDP, a stark contrast to its peak. This decline is notable when compared to peer countries such as Bulgaria, which maintained a relatively stable tax revenue of 21.97% of GDP throughout the period. France, another peer, saw a similar decline, reaching 22.09% of GDP in 2008. The decline in Seychelles' tax revenue can be attributed to various factors, including economic downturns and structural challenges. As the country continues to navigate these challenges, a shift towards more diversified economic growth, potentially driven by tourism and renewable energy, could help stabilize tax revenue and mitigate future declines.
Data & projection
| Year | Tax Revenue | YoY change | Rank |
|---|---|---|---|
| 2008 | 22.08% | −0.22% | #86 |
| 2007 | 22.31% | −0.90% | #82 |
| 2006 | 23.21% | −2.45% | #82 |
| 2005 | 25.66% | +1.15% | #97 |
| 2000 | 24.51% | −1.07% | #76 |
| 1999 | 25.58% | +0.73% | #87 |
| 1998 | 24.85% | −0.50% | #83 |
| 1997 | 25.34% | +0.03% | #80 |
| 1996 | 25.32% | −0.66% | #81 |
| 1995 | 25.97% | −4.07% | #84 |
| 1994 | 30.05% | −3.19% | #82 |
| 1993 | 33.23% | −1.34% | #82 |
| 1989 | 34.57% | +0.74% | #51 |
| 1988 | 33.83% | +1.07% | #51 |
| 1987 | 32.76% | +2.73% | #47 |
Detected Pattern
Analysis
Seychelles matched the Orthodox Tightening Cycle pattern in 2009. Historically, 57% of countries showing this pattern (177 out of 311) saw tax revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Seychelles's tax revenue was 22.08% in 2008. Ranked 86th globally. This represents a 1.0% decrease from the previous year.
Seychelles's tax revenue peaked at 34.57% in 1989.
The lowest tax revenue in Seychelles was 22.08% in 2008.
Seychelles ranks 86th globally in tax revenue as of 2008.
The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.
The tax revenue of Seychelles in 2008 was 22.08%. This ranks 86th in the world.
Cite this page
@misc{historysaid_seychelles_tax-revenue,
title = {Seychelles Tax Revenue},
url = {https://historysaid.com/seychelles/tax-revenue/},
publisher = {HistorySaid},
year = {2026}
}