he development of farming, fishing, and small-scale
manufacturing. The vulnerability of the tourist sector was illustrated
by the sharp drop in 1991-92 due largely to the Gulf war. Although the
industry has rebounded, the government recognizes the continuing need
for upgrading the sector in the face of stiff international
competition.

GDP: purchasing power parity - $450 million (1995 est.)

GDP - real growth rate: 1.1% (1995 est.)

GDP - per capita: purchasing power parity - $6,000 (1995 est.)

GDP - composition by sector:
agriculture : 3.6%
industry: 15%
services: 81.4% (1994)

Inflation rate - consumer price index: -0.3% (1995 est.)

Labor force:
total: 26,000 (1996)
by occupation: industry and commerce 31%, services 21%, government
20%, agriculture, forestry, and fishing 12%, other 16% (1985)

Unemployment rate: NA%

Budget:
revenues: $220 million
expenditures: $241 million, including capital expenditures of $36
million (1994 est.)

Industries: tourism; fishing; processing of coconuts and vanilla, coir
(coconut fiber) rope, boat building, printing, furniture; beverages

Industrial production growth rate: 4% (1992)

Electricity - capacity: 33,000 kW (1995)

Electricity - production: 110 million kWh (1992)

Electricity - consumption per capita: 1,582 kWh (1992 est.)

Agriculture - products: coconuts, cinnamon, vanilla, sweet potatoes,
cassava (tapioca), bananas; broiler chickens; tuna fishing (expansion
under way)

Exports:
total value: $56.1 million ( f.o.b. 1995)
commodities: fish, cinnamon bark, copra, petroleum products
(re-exports)
partners : France, UK, China, Germany, Japan (1993)

Imports:
total value: $238 million (c.i.f., 1995)
commodities: manufactured goods, food, petroleum products, tobacco,
beverages, machinery and transportation equipment
partners: China, Singapore, South Africa, UK (1993)

Debt - external: $170 million (1994 est.)

Economic aid:
recipient: ODA, $NA

Currency: 1 Seychelles rupee (SRe) = 100 cents

Exchange rates: Seychelles rupees (SRe) per US$1 - 4.9968 (January
1997), 4.9700 (1996), 4.7620 (1995), 5.0559 (1994), 5.1815 (1993),
5.1220 (1992)

Fiscal year: calendar year

@Seychelles:Communications

Telephones: 13,000 (1995 est.)

Telephone system:
domestic : radiotelephone communications between islands in the
archipelago
international: direct radiotelephone communications with adjacent
island countries and African coastal countries; satellite