Gulf
war and once again following the 11 September 2001 terrorist attacks on
the US. Other issues facing the government are the curbing of the budget
deficit, including the containment of social welfare costs, and further
privatization of public enterprises. Growth slowed in 1998-2001, due
to sluggish tourist and tuna sectors. Also, tight controls on exchange
rates and the scarcity of foreign exchange have impaired short-term
economic prospects. The black market value of the Seychelles rupee is
half the official exchange rate; without a devaluation of the currency
the tourist sector should remain sluggish as vacationers seek cheaper
destinations such as Comoros, Mauritius, and Madagascar.

GDP: purchasing power parity - $605 million (2001 est.)

GDP - real growth rate: 1.5% (2001 est.)

GDP - per capita: purchasing power parity - $7,600 (2001 est.)

GDP - composition by sector: agriculture: 3.1% industry: 26.3% services:
70.6% (1999)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 6.1% (2001 est.)

Labor force: 30,900 (1996)

Labor force - by occupation: industry 19%, services 71%, agriculture 10%
(1989)

Unemployment rate: NA%

Budget: revenues: $249 million expenditures: $262 million, including
capital expenditures of $NA (1998 est.)

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

Industrial production growth rate: NA%

Electricity - production: 160 million kWh (2000)

Electricity - production by source: fossil fuel: 100% hydro: 0% other: 0%
(2000) nuclear: 0%

Electricity - consumption: 148.8 million kWh (2000)

Electricity - exports: 0 kWh (2000)

Electricity - imports: 0 kWh (2000)

Agriculture - products: coconuts, cinnamon, vanilla, sweet potatoes,
cassava (tapioca), bananas; broiler chickens; tuna fish

Exports: $182.6 million (f.o.b., 2001)

Exports - commodities: canned tuna, cinnamon bark, copra, petroleum
products (reexports)

Exports - partners: UK 48.1%, Italy 23.1%, France 14.8%, Netherlands 2.7%
(1999)

Imports: $360.2 million (f.o.b., 2001)

Imports - commodities: machinery and equipment, foodstuffs, petroleum
products, chemicals

Imports - partners: Italy 13.3%, South Africa 10.7%, France 9.9%,
UK 8.0%, Singapore 7.7% (1999)

Debt - external: