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Economy of Romania vs Seychelles compared: GDP & Debt

Updated on by Georank team

Romania has a GDP of $383B compared to $2.17B for the Seychelles, ranking 42/197 and 178/197 by economy size, respectively.

Romania has $220B in government debt (57.4% of GDP), compared to $1.25B (57.6% of GDP) in the Seychelles.

Romania vs Seychelles GDP by year

Romania
Seychelles
1x
Year GDP, current $
Romania Seychelles
2024 $382,564,217,989 $2,167,239,562
2023 $347,757,995,759 $2,187,379,755
2022 $295,319,437,557 $2,018,346,589
2021 $285,071,280,114 $1,487,173,795
2020 $250,625,048,304 $1,382,551,752
2019 $250,080,428,512 $1,868,690,097
2018 $241,791,427,224 $1,784,313,927
2017 $210,147,385,855 $1,675,370,641
2016 $185,290,759,249 $1,568,513,348
2015 $177,885,131,240 $1,432,403,352
2014 $199,722,319,676 $1,387,577,870
2013 $189,798,603,751 $1,333,160,407
2012 $179,117,323,107 $1,089,407,839
2011 $192,623,977,894 $1,058,918,707
2010 $170,064,350,672 $981,616,542
2009 $174,110,532,659 $850,901,620
2008 $214,315,932,061 $979,597,394
2007 $174,588,782,939 $1,077,308,814
2006 $122,023,735,993 $1,081,441,283
2005 $98,454,380,120 $977,899,382
2004 $74,973,656,852 $893,012,218
2003 $57,806,384,143 $750,847,230
2002 $46,065,502,703 $742,134,838
2001 $40,395,116,581 $662,064,156
2000 $37,253,739,511 $654,212,394
1999 $35,953,156,754 $662,838,615
1998 $41,696,091,974 $647,287,376
1997 $35,575,214,078 $598,966,982
1996 $36,937,074,278 $535,250,347
1995 $37,430,162,103 $540,733,048
1994 $30,072,805,104 $517,570,058
1993 $26,361,160,450 $504,230,621
1992 $25,121,666,667 $461,409,399
1991 $28,850,634,900 $398,307,170
1990 $38,247,882,300 $392,163,561
1989 $41,450,777,202 $324,333,367
1988 $40,424,528,302 $301,985,618
1987 $38,067,567,568 $265,212,957
1986 - $221,147,061
1985 - $179,691,483
1984 - $160,992,921
1983 - $156,098,237
1982 - $157,211,790
1981 - $163,750,728
1980 - $156,783,830
1979 - $127,261,099
1978 - $85,552,366
1977 - $64,526,401
1976 - $49,278,982
1975 - $47,803,146
1974 - $43,134,496
1973 - $36,896,280
1972 - $30,645,123
1971 - $21,965,951
1970 - $18,432,032
1969 - $16,452,028
1968 - $16,074,028
1967 - $16,632,032
1966 - $16,443,034
1965 - $15,603,032
1964 - $15,393,032
1963 - $13,923,029
1962 - $12,642,026
1961 - $11,592,024
1960 - $12,012,025

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/romania/seychelles | CC BY

GDP per capita in Romania vs Seychelles by year

Romania
GDP per capita

GDP per capita, PPP
Seychelles
GDP per capita

GDP per capita, PPP
1x
Year Current $
Romania Seychelles
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $20,080 $49,077 $17,859 $33,239
2023 $18,244 $45,982 $18,263 $31,781
2022 $15,504 $41,979 $16,837 $29,973
2021 $14,908 $37,534 $14,983 $29,980
2020 $13,009 $34,194 $14,041 $31,056
2019 $12,910 $33,425 $19,142 $34,219
2018 $12,416 $29,383 $18,440 $32,091
2017 $10,728 $26,943 $17,480 $30,675
2016 $9,405 $23,905 $16,567 $28,811
2015 $8,977 $21,625 $15,333 $25,435
2014 $10,032 $20,633 $15,188 $24,985
2013 $9,498 $19,678 $14,821 $22,487
2012 $8,930 $19,808 $12,337 $22,264
2011 $9,561 $18,804 $12,110 $21,781
2010 $8,400 $17,355 $10,935 $18,982
2009 $8,548 $16,641 $9,747 $18,453
2008 $10,435 $16,782 $11,265 $18,881
2007 $8,360 $13,703 $12,669 $19,473
2006 $5,758 $11,554 $12,783 $17,503
2005 $4,618 $9,602 $11,802 $15,846
2004 $3,495 $8,989 $10,828 $14,160
2003 $2,679 $7,559 $9,070 $14,142
2002 $2,120 $7,162 $8,864 $14,570
2001 $1,825 $6,520 $8,153 $14,615
2000 $1,660 $5,850 $8,064 $14,638
1999 $1,600 $5,596 $8,243 $13,853
1998 $1,853 $5,545 $8,210 $13,675
1997 $1,577 $5,564 $7,747 $13,458
1996 $1,633 $5,746 $7,004 $11,931
1995 $1,650 $5,429 $7,181 $10,809
1994 $1,323 $4,995 $6,975 $10,692
1993 $1,158 $4,699 $6,979 $11,020
1992 $1,102 $4,515 $6,520 $10,243
1991 $1,254 $4,795 $5,655 $9,387
1990 $1,648 $5,280 $5,642 $8,955
1989 $1,790 - $4,689 -
1988 $1,753 - $4,392 -
1987 $1,659 - $3,872 -
1986 - - $3,368 -
1985 - - $2,754 -
1984 - - $2,488 -
1983 - - $2,426 -
1982 - - $2,441 -
1981 - - $2,557 -
1980 - - $2,478 -
1979 - - $2,030 -
1978 - - $1,377 -
1977 - - $1,044 -
1976 - - $814 -
1975 - - $806 -
1974 - - $745 -
1973 - - $649 -
1972 - - $547 -
1971 - - $402 -
1970 - - $344 -
1969 - - $314 -
1968 - - $314 -
1967 - - $333 -
1966 - - $338 -
1965 - - $328 -
1964 - - $332 -
1963 - - $308 -
1962 - - $287 -
1961 - - $270.3 -
1960 - - $288.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/romania/seychelles | CC BY

Romania's GDP per capita is $20,080, ranking 58/197, compared to $17,859 in the Seychelles, ranking 63/197. Adjusted for purchasing power (GDP per capita PPP), Romania ranks 47th at $49,077, while the Seychelles ranks 67th at $33,239.

Economic indicators

Romania Seychelles
Gross domestic product
$383B
2024
$2.17B
2024
GDP rank
42/197
2024
178/197
2024
GDP growth
0.92%
2023-2024
3.47%
2023-2024
GDP per capita
$20,080
2024
$17,859
2024
GDP per capita rank
58/197
2024
63/197
2024
GDP per capita, PPP
$49,077
2024
$33,239
2024
GDP per capita PPP rank
47/197
2024
67/197
2024
Government debt
$220B
2024
$1.25B
2024
Debt-to-GDP ratio
57.4%
2024
57.6%
2024
Government debt per person
$11,533
2024
$10,288
2024
Government debt per person rank
48/185
2024
57/185
2024
Average annual personal income after taxes
$13,912
2026
$10,944
2026
Market capitalization of domestic companies
$47.4B
2024
$811M
2024
Number of billionaires
6
2025
n/a
Income share by richest 10%
21.8%
2023
23.9%
2018
Income share by poorest 10%
2.4%
2023
2.6%
2018
Government expenditure, % of GDP
39.9%
2024
33.8%
2024
Consumer prices inflation
5.6%
2023-2024
0.31%
2023-2024
Central bank interest rate
6.5%
2024
1.75%
2024
Unemployment rate
5.43%
2024
2.59%
2024
Population
18839108
126311

Spending and national debt comparison by year

Romania
Spending

Debt
Seychelles
Spending

Debt
1x
Year % of GDP
Romania Seychelles
Government spending Government debt Government spending Government debt
2024 39.9% 57.4% 33.8% 57.6%
2023 36.6% 52.1% 32.9% 55.3%
2022 37.4% 51.7% 31.3% 60%
2021 37% 51.5% 38.8% 71%
2020 38.1% 49.3% 46.7% 77.4%
2019 33.2% 36.5% 31.7% 48.9%
2018 31.7% 36.2% 33% 51.3%
2017 31% 37.1% 34.3% 56.7%
2016 31.8% 39.5% 34.5% 62.8%
2015 34.2% 39.4% 31.5% 64.7%
2014 33.8% 40.5% 33.4% 70.4%
2013 34.2% 39.3% 37.8% 68.2%
2012 33.5% 36.2% 38.6% 80.1%
2011 35% 32.6% 36.4% 82.5%
2010 37.4% 30.2% 34.6% 82.2%
2009 36.3% 22.5% 32.1% 106.1%
2008 35.3% 13% 27% 192.1%
2007 34.6% 12.4% 41.9% 144%
2006 33.9% 12.7% 43.6% 135.1%
2005 32.3% 17.8% 39% 144.1%
2004 33.7% 21.3% 39.9% 163.2%
2003 31.8% 24.9% 44.6% 177%
2002 32.1% 27.4% 56.3% 195.9%
2001 33.2% 27.4% 46.8% 199.8%
2000 35% 29.6% 55.4% 177.8%
1999 35.1% 21.7% 56.1% 159.8%
1998 34.7% 16.5% 60.7% 161.2%
1997 33.5% 15% 54.7% 143%
1996 33.5% 11% 59.1% 146.7%
1995 34.4% 6.91% 53.1% 133.5%
1994 33.1% - 63.6% 123.5%
1993 33.5% - 60.4% 82.2%
1992 41.5% - 50.7% 79.9%
1991 38.3% - 52.1% 89.2%
1990 38.4% - 46.1% 80.4%
1989 40.1% - 51.7% 39.9%
1988 36.6% - 46.7% 41.3%
1987 40.7% - 49.7% 37%
1986 42.5% - 58% 31.5%
1985 41.6% - 53% 26.5%
1984 28.6% - 50.5% 15.3%
1983 25.8% - 47.9% 12.4%
1982 28.5% - - -
1981 30.4% - - -
1980 33.6% - - -
1979 42% - - -
1978 42.1% - - -
1977 39.9% - - -
1976 37.5% - - -
1975 40.6% - - -
1974 37.6% - - -
1973 32.6% - - -
1972 29.9% - - -
1971 27.2% - - -
1970 28.1% - - -
1969 32.1% - - -
1968 31.8% - - -
1967 30.6% - - -
1966 27.3% - - -
1965 25.6% - - -
1964 25.1% - - -
1963 23.1% - - -
1962 43.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-02-20).

GeoRank.org/economy/romania/seychelles | CC BY

In 2024, Romania's government spending was $153B, accounting for 39.9% of its GDP, while the Seychelles spent $732M, or 33.8% of GDP.

Debt-to-GDP ratio is 57.4% in Romania and 57.6% in the Seychelles, ranking 87/185 and 85/185, respectively.

Government deficit by year

Deficit/surplus
Romania

Seychelles
1x
Year Deficit/surplus, % of GDP
Romania Seychelles
2024 -8.68% -0.69%
2023 -5.61% -1.14%
2022 -5.83% -0.76%
2021 -6.7% -5.76%
2020 -9.54% -15.7%
2019 -4.55% 0.42%
2018 -2.74% -0.8%
2017 -2.86% -1.67%
2016 -2.5% 0.02%
2015 -1.35% 1.39%
2014 -1.76% 2.87%
2013 -2.44% 0.33%
2012 -2.39% 2.93%
2011 -4.14% 3.36%
2010 -6.22% 0.52%
2009 -6.86% 4.84%
2008 -4.6% 7.88%
2007 -3.05% -9.93%
2006 -1.36% -2.54%
2005 -0.69% 0.42%
2004 -3.39% 0.44%
2003 -2.29% 3.4%
2002 -2.59% -16.3%
2001 -3.2% -8.93%
2000 -3.99% -14.7%
1999 -3.58% -10.3%
1998 -5.33% -16.7%
1997 -5.19% -5.91%
1996 -4.74% -9.69%
1995 -3.32% -2.58%
1994 -2.2% -6.95%
1993 -0.35% -3.62%
1992 -4.55% 6.44%
1991 3.23% 3.15%
1990 1.03% 11.9%
1989 -2.87% 8.26%
1988 8.4% 11.8%
1987 2.37% 2.77%
1986 5.72% -10.1%
1985 6.36% -4.86%
1984 15.2% -6.09%
1983 9.35% -3.13%
1982 0.36% -
1981 0.61% -
1980 -1.95% -
1979 0% -
1978 0% -
1977 0.23% -
1976 0.66% -
1975 0.41% -
1974 0.51% -
1973 1.53% -
1972 1.21% -
1971 0.89% -
1970 0.52% -
1969 0.93% -
1968 1.65% -
1967 1.23% -
1966 0.91% -
1965 -1.29% -
1964 -3.11% -
1963 -1.61% -
1962 -4.86% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-02-20).

GeoRank.org/economy/romania/seychelles | CC BY

In 2024, Romania's government deficit, the difference between spending and revenue, was $33.2B, equivalent to 8.68% of GDP. This compares to the Seychelles' deficit of $15M, or 0.69% of GDP.

Over the past 38 years, Romania recorded a fiscal deficit in 34 of those years, while the Seychelles ran a deficit in 19 years. On average, Romania posted an annual deficit equal to 3.06% of GDP, compared to deficit of 1.62% of GDP for the Seychelles.

Inflation comparison by year

Inflation
Romania

Seychelles
1x
Year Consumer prices inflation
Romania Seychelles
2024 5.6% 0.31%
2023 10.4% -1.04%
2022 13.8% 2.63%
2021 5% 9.77%
2020 2.6% 1.2%
2019 3.8% 1.81%
2018 4.6% 3.7%
2017 1.3% 2.86%
2016 -1.6% -1.02%
2015 -0.6% 4.04%
2014 1.1% 1.39%
2013 4% 4.34%
2012 3.3% 7.11%
2011 5.8% 2.56%
2010 6.1% -2.4%
2009 5.6% 31.8%
2008 7.8% 37%
2007 4.8% 5.32%
2006 6.6% -0.35%
2005 9% 0.91%
2004 11.9% 3.86%
2003 15.4% 3.3%
2002 22.5% 0.18%
2001 34.5% 5.97%
2000 45.7% 6.27%
1999 45.8% 6.35%
1998 59.1% 2.58%
1997 154.8% 0.62%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/romania/seychelles | CC BY

Over the past 28 years, Romania has recorded an average annual inflation rate of 17.5%, compared with 5.03% in the Seychelles. In 2024, inflation was 5.6% in Romania and 0.31% in the Seychelles.

Top exports between countries

Romania
Export category Export value
Machinery & equipment $35K
Chemicals & pharma $2K
Seychelles
Export category Export value
Processed food, beverages & tobacco $2.35M

Balance of trade

Romania Seychelles
Current account balance
-$31.2B
2024
-$176M
2024
Current account balance ranking
185/190
2024
97/190
2024
Current account balance, % of GDP
-8.16%
2024
-8.11%
2024
Goods imports
$129B
2024
$1.39B
2024
Goods exports
$93.3B
2024
$595M
2024
Service imports
$30.2B
2024
$1B
2024
Service exports
$42.9B
2024
$1.71B
2024
Imports of goods and services, % of GDP
41.6%
2024
103.2%
2024
Exports of goods and services, % of GDP
35.6%
2024
85.2%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Romania Seychelles
Economic freedom 65.4 66.5
Economic freedom ranking 64/197 60/197
Property rights 81 82.6
Government integrity 50 71.7
Judicial effectiveness 67 61.7
Tax burden 89.1 77.3
Government spending 56.7 68
Fiscal health 21.4 92.2
Business freedom 74.4 71.3
Labor freedom 63.6 52
Monetary freedom 72.7 79.8
Trade freedom 79.4 81.2
Investment freedom 70 30
Financial freedom 60 30

Economic freedom comparison by year

Romania
Seychelles
1x
Year Economic freedom index
Romania Seychelles
2026 65.4 66.5
2025 66.5 66.4
2024 64.4 60.4
2023 64.5 59.5
2022 67.1 61.1
2021 69.5 66.3
2020 69.7 64.3
2019 68.6 61.4
2018 69.4 61.6
2017 69.7 61.8
2016 65.6 62.2
2015 66.6 57.5
2014 65.5 56.2
2013 65.1 54.9
2012 64.4 53
2011 64.7 51.2
2010 64.2 47.9
2009 63.2 47.8
2008 61.7 -
2007 61.2 -
2006 58.2 -
2005 52.1 -
2004 50 -
2003 50.6 -
2002 48.7 -
2001 50 -
2000 52.1 -
1999 50.1 -
1998 54.4 -
1997 50.8 -
1996 46.2 -
1995 42.9 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/romania/seychelles | CC BY

The Economic Freedom Index for Romania is 65.4, ranking 64/197, compared to 66.5 for the Seychelles, ranking 60/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Romania Seychelles
Services, % of GDP
62.6%
2024
65.8%
2024
Industry, % of GDP
25.3%
2024
12.3%
2024
Agriculture, forestry, and fishing, % of GDP
2.81%
2024
2.45%
2024
GNI, Atlas method
$335B
2024
$2.12B
2024
GNI per capita, PPP
$47,920
2024
$32,180
2024
Total reserves including gold
$73.4B
2024
$774M
2024
Total reserves ranking
35/177
2024
145/177
2024
Net foreign direct investment
-$5.17B
2024
-$262M
2024
Net inflows of foreign direct investment
$7.16B
2024
$226M
2024
Net outflows of foreign direct investment
$1.99B
2024
-$35.4M
2024
Poverty at national poverty lines
19%
2023
25.3%
2018
Gross capital formation, % of GDP
25%
2024
17.2%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/romania/seychelles | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.