Seychelles - Balance of payments



Development aid, income from tourism, and earnings from reexports have generally been sufficient to offset Seychelles' persistent visible trade deficit.

The US Central Intelligence Agency (CIA) reports that in 2001 the purchasing power parity of Seychelles's exports was $182.6 million while imports totaled $360.2 million resulting in a trade deficit of $177.6 million.

The International Monetary Fund (IMF) reports that in 2001 Seychelles had exports of goods totaling $215 million and imports totaling $387 million. The services credit totaled $283 million and debit $193 million. The following table summarizes Seychelles's balance of payments as reported by the IMF for 2001 in millions of US dollars.

Seychelles

Current Account -100
Balance on goods -172
Balance on services 90
Balance on income -19
Current transfers 0
Capital Account 9
Financial Account 125
Direct investment abroad -11
Direct investment in Seychelles 59
Portfolio investment assets -0
Portfolio investment liabilities 1
Other investment assets -9
Other investment liabilities 85
Net Errors and Omissions -13
Reserves and Related Items -22
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