
Seychelles

Seychelles
Population
122,730 (2025)
Average Monthly Net Salary (USD)
940
Average Mortgage Rate
9.00%
Annual GDP (USD)
2,387,022,853 (2025)
National Debt (USD)
920,000,000 (2025)
Unemployment Rate
N/A
Armed Forces (active & reserve)
420
Military Expenditure (% GDP)
1.18% (2024)
Fertility Rate
1.85 (2024)
Life Expectancy at birth
76.3 years (2024)
Population Growth
1.13% (2025)
Net Migration
1,590 (2025)
Notable Facts
The Republic of Seychelles is an archipelago nation consisting of 115 islands scattered across the western Indian Ocean, northeast of Madagascar and about 1,600 kilometers east of mainland Africa. The nation is divided into two distinct groups based on geological composition: the "Granitic Islands," which are the world’s oldest mid-oceanic granite islands, and the "Outer Islands," which are primarily low-lying coral atolls and reef islands. This unique geological history is a result of the breakup of the supercontinent Gondwana, leaving these granite peaks isolated in the ocean. The capital city, Victoria, is located on Mahé, the largest and most populous island, which hosts the majority of the country's economic and administrative infrastructure.
Seychelles achieved independence from the United Kingdom on June 29, 1976, becoming a sovereign republic within the Commonwealth. Following a period of single-party rule that began in 1977, the country transitioned back to a multi-party democratic system in the early 1990s. Today, it is governed as a unitary presidential republic, where the President serves as both the head of state and the head of government. The executive branch is supported by a Cabinet of Ministers, while legislative power is vested in the National Assembly. The legal system is a unique hybrid, incorporating elements of English Common Law and the French Napoleonic Code, reflecting the country's dual colonial heritage under both France and Great Britain.
The economy of Seychelles is classified as high-income by the World Bank, boasting one of the highest gross domestic products per capita in Africa. This prosperity is heavily driven by the "Blue Economy," a strategic framework that focuses on the sustainable use of ocean resources for economic growth. Tourism is the primary pillar of the economy, employing a significant portion of the workforce and generating the majority of foreign exchange earnings. The second major pillar is the tuna fishing and processing industry; the Seychelles' Exclusive Economic Zone (EEZ) covers over 1.3 million square kilometers of nutrient-rich waters, making it one of the most productive tuna fishing grounds in the world.