The Seychelles vs Slovakia: Economic Indicators Comparison
Slovakia with a GDP of $105.9B ranked the 62nd largest economy in the world, while the Seychelles ranked 180th with $1.6B. By GDP 5-years average growth and GDP per capita, Slovakia and the Seychelles ranked 65th vs 45th and 47th vs 55th, respectively.
Gross Domestic Product & Income
| Stat |  Seychelles |  Slovakia |
|---|---|---|
| GDP | $1.6B | $105.9B |
| GDP growth, 1 year | 3.6% | 4.1% |
| GDP growth, 5-years average | 4.6% | 3.5% |
| Population | 96k | 5.4M |
| GDP per capita | $16k | $19k |
| GDP per capita growth | 2.64% | 3.89% |
| Purchasing Power Parity conversion factor | 7.48 | 0.49 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.54 | 0.58 |
| GDP per capita, PPP adjusted | $31k | $35k |
| GNI, Atlas method | $1.5B | $99.5B |
| GNI per capita | $16k | $18k |
| GNI, PPP adjusted | $2.8B | $180.1B |
| GNI per capita, PPP adjusted | $29k | $33k |
Financial system and Human development
| Stat | Seychelles | Slovakia |
|---|---|---|
| Income Tax Rate | 15% | 25% |
| Corporate Tax Rate | 33% | 21% |
| Inflation, consumer prices | 3.7% | 2.5% |
| Inflation, GDP deflator | 4.1% | 2% |
| Unemployment | 3% | 6.8% |
| Economic Freedom Index | 64.3 | 66.8 |
| Personal Freedom Index | 7.17 | 8.87 |
| Human Freedom Index | 7.14 | 8.29 |
| Property Rights Index | 68.3 | 73.1 |
| Judical Effectiveness Index | 46.4 | 41.7 |
| Business Freedom Index | 65.3 | 55.3 |
| Fiscal Health Index | 93.2 | 92.6 |
| Labor Freedom Index | 62.8 | 52.6 |
| Investment Freedom Index | 55 | 75 |
| Financial Freedom Index | 30 | 70 |
| Trade Freedom Index | 82.6 | 86.4 |
| Monetary Freedom Index | 78.6 | 75.9 |
| Government Spending Index | 58.9 | 50.2 |
| Tax Burden Index | 76.8 | 78.5 |
| Government Integrity Index | 53.3 | 49.7 |
| Corruption Perceptions Index | 66 | 50 |
| Life expectancy at birth, years | 74.3 | 77.2 |
| Suicide mortality rate, per 100,000 people | 9.3 | 12.8 |
| Mortality caused by road traffic injury, per 100,000 people | 15.9 | 6.1 |
| Intentional homicides, per 100,000 people | 12.7 | 1.5 |
| International tourism, number of arrivals | 362k | 2.3M |
Government debt & reserves
| Stat | Seychelles | Slovakia |
|---|---|---|
| Central government debt, % of GDP | 58.2% | 48.8% |
| External debt stocks, % of GNI | N/A | N/A |
| External debt stocks | N/A | N/A |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | N/A | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | 5.6% |
| Gross savings, % of GDP | 10.2% | 22.1% |
| Gross capital formation, % of GDP | 32.5% | 23.4% |
| Total reserves including gold | $549.5M | $5.2B |
| Foreign direct investment net inflows | $43.9M | $2.6B |
Exports, imports and economic structure
| Stat | Seychelles | Slovakia |
|---|---|---|
| Exports of goods and services, % of GDP | 87% | 96.1% |
| Imports of goods and services, % of GDP | 102.1% | 94.1% |
| Current account balance (balance of payments) | -$269.4M | -$2.8B |
| Revenue excluding grants, % of GDP | 36.4% | 37.7% |
| Grants excluding technical cooperation, BoP | $13.8M | $183.9M |
| Personal remittances received | $22.7M | $2.1B |
| Industry including construction value added, % of GDP | 10.9% | 30.1% |
| Agriculture, forestry and fishing value added, % of GDP | 2% | 2.4% |
| Charges for the use of intellectual property, payments BoP | $2.2M | $749.1M |
| Charges for the use of intellectual property, receipts BoP | $1.4M | $55.5M |
| Expense, % of GDP | 33.3% | 39% |
| Government Expenditure, % of GDP | 37% | 40.8% |
