India vs the Seychelles: Economic Indicators Comparison
India with a GDP of $2.7T ranked the 7th largest economy in the world, while the Seychelles ranked 180th with $1.6B. By GDP 5-years average growth and GDP per capita, India and the Seychelles ranked 6th vs 45th and 150th vs 55th, respectively.
Gross Domestic Product & Income
Stat | India | Seychelles |
---|---|---|
GDP | $2.7T | $1.6B |
GDP growth, 1 year | 7.1% | 3.6% |
GDP growth, 5-years average | 7.6% | 4.6% |
Population | 1.3B | 96k |
GDP per capita | $2k | $16k |
GDP per capita growth | 5.71% | 2.64% |
Purchasing Power Parity conversion factor | 18.1 | 7.48 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.26 | 0.54 |
GDP per capita, PPP adjusted | $7.9k | $31k |
GNI, Atlas method | $2.7T | $1.5B |
GNI per capita | $2k | $16k |
GNI, PPP adjusted | $10.4T | $2.8B |
GNI per capita, PPP adjusted | $7.7k | $29k |
Financial system and Human development
Stat | India | Seychelles |
---|---|---|
Income Tax Rate | 30.9% | 15% |
Corporate Tax Rate | 32.4% | 33% |
Inflation, consumer prices | 3.5% | 3.7% |
Inflation, GDP deflator | 4.1% | 4.1% |
Unemployment | 2.6% | 3% |
Economic Freedom Index | 56.5 | 64.3 |
Personal Freedom Index | 6.96 | 7.17 |
Human Freedom Index | 6.8 | 7.14 |
Property Rights Index | 63 | 68.3 |
Judical Effectiveness Index | 64.1 | 46.4 |
Business Freedom Index | 65.6 | 65.3 |
Fiscal Health Index | 13.1 | 93.2 |
Labor Freedom Index | 41.2 | 62.8 |
Investment Freedom Index | 40 | 55 |
Financial Freedom Index | 40 | 30 |
Trade Freedom Index | 73.4 | 82.6 |
Monetary Freedom Index | 73 | 78.6 |
Government Spending Index | 77.9 | 58.9 |
Tax Burden Index | 79.4 | 76.8 |
Government Integrity Index | 47.2 | 53.3 |
Corruption Perceptions Index | 41 | 66 |
Life expectancy at birth, years | 69.2 | 74.3 |
Suicide mortality rate, per 100,000 people | 16.3 | 9.3 |
Mortality caused by road traffic injury, per 100,000 people | 22.6 | 15.9 |
Intentional homicides, per 100,000 people | 3.2 | 12.7 |
International tourism, number of arrivals | 17.4M | 362k |
Government debt & reserves
Stat | India | Seychelles |
---|---|---|
Central government debt, % of GDP | 69.8% | 58.2% |
External debt stocks, % of GNI | 19.3% | N/A |
External debt stocks | $521.4B | N/A |
Short-term debt, % of total reserves | 26.1% | N/A |
Total debt service, % of exports and primary income | 11.4% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 16.3% | N/A |
Gross savings, % of GDP | 30.9% | 10.2% |
Gross capital formation, % of GDP | 31.3% | 32.5% |
Total reserves including gold | $399.2B | $549.5M |
Foreign direct investment net inflows | $42.1B | $43.9M |
Exports, imports and economic structure
Stat | India | Seychelles |
---|---|---|
Exports of goods and services, % of GDP | 19.7% | 87% |
Imports of goods and services, % of GDP | 23.6% | 102.1% |
Current account balance (balance of payments) | -$65.6B | -$269.4M |
Revenue excluding grants, % of GDP | 12.9% | 36.4% |
Grants excluding technical cooperation, BoP | $689.4M | $13.8M |
Personal remittances received | $78.8B | $22.7M |
Industry including construction value added, % of GDP | 26.7% | 10.9% |
Agriculture, forestry and fishing value added, % of GDP | 14.6% | 2% |
Charges for the use of intellectual property, payments BoP | $7.9B | $2.2M |
Charges for the use of intellectual property, receipts BoP | $784.9M | $1.4M |
Expense, % of GDP | 14.9% | 33.3% |
Government Expenditure, % of GDP | 27.1% | 37% |