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Economy of Seychelles vs Uzbekistan compared: GDP & Debt

Updated on by Georank

The Seychelles has a GDP of $2.39B compared to $147B for Uzbekistan, ranking 177/197 and 61/197 by economy size, respectively.

The Seychelles has $1.23B in government debt (51.5% of GDP), compared to $42B (28.6% of GDP) in Uzbekistan.

Seychelles vs Uzbekistan GDP by year

Seychelles
Uzbekistan
1x
Year GDP, current $
Seychelles Uzbekistan
2025 $2,387,022,853 $147,038,081,129
2024 $2,228,608,684 $121,356,065,241
2023 $2,171,547,935 $107,526,539,716
2022 $1,999,888,599 $94,286,355,836
2021 $1,487,173,795 $81,170,051,811
2020 $1,382,551,752 $70,127,127,133
2019 $1,868,690,097 $70,170,662,563
2018 $1,784,313,927 $61,318,332,403
2017 $1,675,370,641 $72,276,404,058
2016 $1,568,513,348 $97,871,364,319
2015 $1,432,403,352 $97,564,568,987
2014 $1,387,577,870 $91,303,765,114
2013 $1,333,160,407 $82,674,178,352
2012 $1,089,407,839 $75,318,846,931
2011 $1,058,918,707 $67,404,618,405
2010 $981,616,542 $55,544,226,553
2009 $850,901,620 $33,689,223,673
2008 $979,597,394 $29,549,438,884
2007 $1,077,308,814 $22,311,393,928
2006 $1,081,441,283 $17,330,833,853
2005 $977,899,382 $14,307,509,839
2004 $893,012,218 $12,030,023,548
2003 $750,847,230 $10,134,453,435
2002 $742,134,838 $9,687,788,513
2001 $662,064,156 $11,401,421,329
2000 $654,212,394 $13,760,513,969
1999 $662,838,615 $17,078,465,982
1998 $647,287,376 $14,988,971,211
1997 $598,966,982 $14,744,603,774
1996 $535,250,347 $13,948,892,216
1995 $540,733,048 $13,350,461,265
1994 $517,570,058 $12,899,074,922
1993 $504,230,621 $13,099,920,056
1992 $461,409,399 $12,953,801,760
1991 $398,307,170 $13,800,167,712
1990 $392,163,561 $13,362,340,338
1989 $324,333,367 $11,948,815,258
1988 $301,985,618 $10,722,799,639
1987 $265,212,957 $8,523,160,593
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Seychelles vs Uzbekistan by year

Seychelles
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Seychelles Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $19,449 - $3,968 -
2024 $18,365 $33,239 $3,337 $11,879
2023 $18,131 $31,781 $3,016 $11,107
2022 $16,683 $29,973 $2,699 $10,293
2021 $14,983 $29,980 $2,370 $9,248
2020 $14,041 $31,056 $2,088 $8,452
2019 $19,142 $34,219 $2,129 $8,544
2018 $18,440 $32,091 $1,894 $8,129
2017 $17,480 $30,675 $2,271 $7,818
2016 $16,567 $28,811 $3,128 $6,919
2015 $15,333 $25,435 $3,173 $6,800
2014 $15,188 $24,985 $3,021 $6,610
2013 $14,821 $22,487 $2,781 $6,413
2012 $12,337 $22,264 $2,574 $6,168
2011 $12,110 $21,781 $2,339 $5,949
2010 $10,935 $18,982 $1,957 $5,505
2009 $9,747 $18,453 $1,206 $5,135
2008 $11,265 $18,881 $1,075 $4,800
2007 $12,669 $19,473 $824 $4,386
2006 $12,783 $17,503 $649 $3,956
2005 $11,802 $15,846 $543 $3,618
2004 $10,828 $14,160 $462 $3,321
2003 $9,070 $14,142 $394 $3,047
2002 $8,864 $14,570 $381 $2,902
2001 $8,153 $14,615 $454 $2,782
2000 $8,064 $14,638 $555 $2,644
1999 $8,243 $13,853 $698 $2,522
1998 $8,210 $13,675 $621 $2,418
1997 $7,747 $13,458 $621 $2,329
1996 $7,004 $11,931 $597 $2,214
1995 $7,181 $10,809 $583 $2,178
1994 $6,975 $10,692 $574 $2,197
1993 $6,979 $11,020 $596 $2,318
1992 $6,520 $10,243 $603 $2,371
1991 $5,655 $9,387 $658 $2,676
1990 $5,642 $8,955 $653 $2,665
1989 $4,689 - $598 -
1988 $4,392 - $551 -
1987 $3,872 - $450 -
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 (1960–2025, retrieved 2026-07-08).

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

The Seychelles' GDP per capita is $19,449, ranking 64/197, compared to $3,968 in Uzbekistan, ranking 134/197. Adjusted for purchasing power (GDP per capita PPP), the Seychelles ranks 67th at $33,239, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Seychelles Uzbekistan
Gross domestic product
$2.39B
2025
$147B
2025
GDP rank
177/197
2025
61/197
2025
GDP growth
5.8%
2024-2025
7.7%
2024-2025
GDP per capita
$19,449
2025
$3,968
2025
GDP per capita rank
64/197
2025
134/197
2025
GDP per capita, PPP
$33,239
2024
$11,879
2024
GDP per capita PPP rank
67/197
2024
125/197
2024
Government debt
$1.23B
2025
$42B
2025
Debt-to-GDP ratio
51.5%
2025
28.6%
2025
Government debt per person
$10,019
2025
$1,134
2025
Government debt per person rank
59/185
2025
139/185
2025
Average annual personal income after taxes
$11,537
2026
$3,560
2026
Market capitalization of domestic companies
$646M
2025
$23.7B
2025
Income share by richest 10%
23.9%
2018
24.2%
2025
Income share by poorest 10%
2.6%
2018
2.4%
2025
Government expenditure, % of GDP
32.7%
2025
27.4%
2025
Consumer prices inflation
0.3%
2024-2025
8.8%
2024-2025
Central bank interest rate
1.75%
2024
14%
2025
Unemployment rate
2.59%
2024
5.29%
2020
Population
125859
38082870

Spending and national debt comparison by year

Seychelles
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Seychelles Uzbekistan
Government spending Government debt Government spending Government debt
2025 32.7% 51.5% 27.4% 28.6%
2024 33% 56.1% 26.1% 30.9%
2023 33.1% 55.1% 28.6% 30.7%
2022 31.6% 60.6% 30% 29.2%
2021 38.8% 71% 26.1% 30.2%
2020 46.7% 77.4% 24.7% 31.9%
2019 31.7% 48.9% 23.4% 24.3%
2018 33% 51.3% 21.2% 16.7%
2017 34.3% 56.7% 19.9% 17.3%
2016 34.5% 64.3% 20.5% 7.21%
2015 31.5% 75.4% 21.7% 5.94%
2014 33.4% 70.4% 22% 5.39%
2013 37.8% 68.2% 22.3% 5.51%
2012 38.6% 80.1% 21.5% 6.06%
2011 36.4% 82.5% 21.1% 5.65%
2010 34.6% 82.2% 23.7% 5.92%
2009 32.1% 106.1% 24.7% 6.57%
2008 27% 192.1% 23.8% 7.5%
2007 41.9% 144% 22.4% 8.6%
2006 43.6% 135.1% 22.3% 12.2%
2005 39% 144.1% 25.3% 18.9%
2004 39.9% 163.2% 26.5% 24.2%
2003 44.6% 177% 28.4% 28.3%
2002 56.3% 195.9% 31.2% 37.5%
2001 46.8% 199.8% 27.6% 40.4%
2000 55.4% 177.8% 29.6% 26.5%
1999 56.1% 159.8% 30.3% 16.6%
1998 60.7% 161.2% 31.6% 16.2%
1997 54.7% 143% 28.7% 13.8%
1996 59.1% 146.7% 31.6% -
1995 53.1% 133.5% 26.5% -
1994 63.6% 123.5% 24.4% -
1993 60.4% 82.2% 35.6% -
1992 50.7% 79.9% 16.2% -
1991 52.1% 89.2% - -
1990 46.1% 80.4% - -
1989 51.7% 39.9% - -
1988 46.7% 41.3% - -
1987 49.7% 37% - -
1986 58% 31.5% - -
1985 53% 26.5% - -
1984 50.5% 15.3% - -
1983 47.9% 12.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1983–1989, retrieved 2026-07-08).

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

In 2025, the Seychelles' government spending was $781M, accounting for 32.7% of its GDP, while Uzbekistan spent $40.2B, or 27.4% of GDP.

Debt-to-GDP ratio is 51.5% in the Seychelles and 28.6% in Uzbekistan, ranking 102/185 and 159/185, respectively.

Government deficit by year

Deficit/surplus
Seychelles

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Seychelles Uzbekistan
2025 -0.99% -1.66%
2024 -0.68% -2.25%
2023 -1.15% -3.85%
2022 -0.77% -3.49%
2021 -5.76% -3.9%
2020 -15.7% -2.8%
2019 0.42% -0.29%
2018 -0.8% 1.57%
2017 -1.67% 1.04%
2016 0.02% 0.62%
2015 1.39% -0.24%
2014 2.87% 1.68%
2013 0.33% 1.9%
2012 2.93% 5.28%
2011 3.36% 4.56%
2010 0.52% 2.29%
2009 4.84% 1.64%
2008 7.88% 5.38%
2007 -9.93% 3.2%
2006 -2.54% 2.45%
2005 0.42% -3.17%
2004 0.44% -3.37%
2003 3.4% -4.39%
2002 -16.3% -5.69%
2001 -8.93% -2.95%
2000 -14.7% -3.29%
1999 -10.3% -2.62%
1998 -16.7% -2.74%
1997 -5.91% -1.85%
1996 -9.69% -1.41%
1995 -2.58% -1.59%
1994 -6.95% -4.03%
1993 -3.62% -10.8%
1992 6.44% 6.44%
1991 3.15% -
1990 11.9% -
1989 8.26% -
1988 11.8% -
1987 2.77% -
1986 -10.1% -
1985 -4.86% -
1984 -6.09% -
1983 -3.13% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1983–1989, retrieved 2026-07-08).

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

In 2025, the Seychelles' government deficit, the difference between spending and revenue, was $23.5M, equivalent to 0.99% of GDP. This compares to Uzbekistan's deficit of $2.43B, or 1.66% of GDP.

Over the past 34 years, the Seychelles recorded a fiscal deficit in 20 of those years, while Uzbekistan ran a deficit in 21 years. On average, the Seychelles posted an annual deficit equal to 2.95% of GDP, compared to deficit of 0.83% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Seychelles

Uzbekistan
1x
Year Consumer prices inflation
Seychelles Uzbekistan
2025 0.3% 8.8%
2024 0.31% 9.6%
2023 -1.04% 10%
2022 2.63% 11.4%
2021 9.77% 10.8%
2020 1.2% 12.9%
2019 1.81% 14.5%
2018 3.7% 17.5%
2017 2.86% 13.9%
2016 -1.02% 8.8%
2015 4.04% 8.5%
2014 1.39% 9.1%
2013 4.34% 11.7%
2012 7.11% 11.9%
2011 2.56% 12.4%
2010 -2.4% 12.3%
2009 31.8% 12.3%
2008 37% 13.1%
2007 5.32% 11.2%
2006 -0.35% 13.1%
2005 0.91% 10.7%
2004 3.86% 7.3%
2003 3.3% 12.5%
2002 0.18% 27.3%
2001 5.97% 27.3%
2000 6.27% 25%
1999 6.35% 29.1%
1998 2.58% 29%
1997 0.62% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, the Seychelles has recorded an average annual inflation rate of 4.87%, compared with 16.3% in Uzbekistan. In 2025, inflation was 0.3% in the Seychelles and 8.8% in Uzbekistan.

Balance of trade

Seychelles Uzbekistan
Current account balance
-$166M
2024
-$5.78B
2025
Current account balance ranking
90/190
2024
167/190
2025
Current account balance, % of GDP
-7.46%
2024
-3.93%
2025
Goods imports
$1.38B
2024
$38.5B
2025
Goods exports
$595M
2024
$23B
2025
Service imports
$1B
2024
$13.6B
2025
Service exports
$1.71B
2024
$9.27B
2025
Imports of goods and services, % of GDP
92.7%
2025
35.4%
2025
Exports of goods and services, % of GDP
79.6%
2025
22%
2025

Economic freedom indices

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

Seychelles Uzbekistan
Economic freedom 66.5 60.3
Economic freedom ranking 60/197 94/197
Property rights 82.6 43.1
Government integrity 71.7 32
Judicial effectiveness 61.7 13.7
Tax burden 77.3 95
Government spending 68 73.7
Fiscal health 92.2 79.9
Business freedom 71.3 62.5
Labor freedom 52 48.4
Monetary freedom 79.8 65.1
Trade freedom 81.2 80.6
Investment freedom 30 70
Financial freedom 30 60

Economic freedom comparison by year

Seychelles
Uzbekistan
1x
Year Economic freedom index
Seychelles Uzbekistan
2026 66.5 60.3
2025 66.4 58
2024 60.4 55.9
2023 59.5 56.5
2022 61.1 55.7
2021 66.3 58.3
2020 64.3 57.2
2019 61.4 53.3
2018 61.6 51.5
2017 61.8 52.3
2016 62.2 46
2015 57.5 47
2014 56.2 46.5
2013 54.9 46
2012 53 45.8
2011 51.2 45.8
2010 47.9 47.5
2009 47.8 50.5
2008 - 51.9
2007 - 51.5
2006 - 48.7
2005 - 45.8
2004 - 39.1
2003 - 38.3
2002 - 38.5
2001 - 38.2
2000 - 38.1
1999 - 33.8
1998 - 31.5

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for the Seychelles is 66.5, ranking 60/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Seychelles Uzbekistan
Services, % of GDP
67.9%
2025
46.5%
2025
Industry, % of GDP
14.3%
2025
32.5%
2025
Agriculture, forestry, and fishing, % of GDP
2.61%
2025
16.6%
2025
GNI, Atlas method
$2.36B
2025
$136B
2025
GNI per capita, PPP
$34,930
2025
$13,640
2025
Total reserves including gold
$774M
2024
$41.2B
2024
Total reserves ranking
146/177
2024
53/177
2024
Net foreign direct investment
-$268M
2024
-$4.24B
2025
Net inflows of foreign direct investment
$226M
2024
$2.97B
2024
Net outflows of foreign direct investment
-$41.4M
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.37%
2024
Poverty at national poverty lines
25.3%
2018
5.8%
2025
Gross capital formation, % of GDP
18.7%
2025
33.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1983–1989, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

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.