Seychelles
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About Seychelles
Seychelles is a country located in the Indian Ocean northeast of Madagascar, covering an area of approximately 455 square kilometers. As of 2024, Seychelles has a population of about 98,187, with Seychellois Creole, English, and French as official languages. The Mahe Group is volcanic with a narrow coastal strip and rocky, hilly interior, while other islands are relatively flat coral atolls or elevated reefs, with a tropical marine climate that is humid with cooler and warmer monsoon seasons. Victoria serves as the capital, and the government operates as a presidential republic.
Seychelles has a high-income Indian Ocean island economy with a GDP of $2.17 billion and a GDP per capita of $29,200, driven by fishing, tourism, and beverages. Key agricultural products include coconuts, vegetables, bananas, eggs, chicken, pork, fruits, tomatoes, tropical fruits, and cassava, while natural resources include fish, coconuts, and cinnamon trees. The life expectancy is 76.3 years, with a poverty rate of 32.1%. Seychelles has a rapidly growing tourism sector and is a major tuna exporter and offshore financial hub, though it is environmentally fragile and investing in ocean rise mitigation.
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Country Name
conventional short form: Seychelles
local long form: Republic of Seychelles
local short form: Seychelles
etymology: named by French Captain Corneille Nicholas MORPHEY after Jean Moreau de SÉCHELLES, the finance minister of France, in 1756; the British changed the spelling of the name in 1815 when they acquired the islands
Economy
Economic Overview
high-income Indian Ocean island economy; rapidly growing tourism sector; major tuna exporter; offshore financial hub; environmentally fragile and investing in ocean rise mitigation; recently discovered offshore oil potential; successful anticorruption efforts
