Skip to content

Economy of Seychelles vs Zimbabwe compared: GDP & Debt

Updated on by Georank

The Seychelles has a GDP of $2.39B compared to $51.2B for Zimbabwe, ranking 177/197 and 95/197 by economy size, respectively.

The Seychelles has $1.23B in government debt (51.5% of GDP), compared to $22.4B (43.8% of GDP) in Zimbabwe.

Seychelles vs Zimbabwe GDP by year

Seychelles
Zimbabwe
1x
Year GDP, current $
Seychelles Zimbabwe
2025 $2,387,022,853 $51,215,643,906
2024 $2,228,608,684 $41,521,975,830
2023 $2,171,547,935 $35,871,781,303
2022 $1,999,888,599 $40,757,585,309
2021 $1,487,173,795 $41,287,852,524
2020 $1,382,551,752 $31,979,753,645
2019 $1,868,690,097 $33,360,632,553
2018 $1,784,313,927 $34,141,666,667
2017 $1,675,370,641 $51,035,657,371
2016 $1,568,513,348 $20,559,250,000
2015 $1,432,403,352 $19,973,250,000
2014 $1,387,577,870 $19,505,500,000
2013 $1,333,160,407 $19,100,750,000
2012 $1,089,407,839 $17,123,500,000
2011 $1,058,918,707 $14,109,000,000
2010 $981,616,542 $12,047,750,000
2009 $850,901,620 $9,670,750,000
2008 $979,597,394 $4,418,000,000
2007 $1,077,308,814 $5,294,750,000
2006 $1,081,441,283 $5,446,750,000
2005 $977,899,382 $5,758,250,000
2004 $893,012,218 $5,808,500,000
2003 $750,847,230 $5,730,500,000
2002 $742,134,838 $6,345,250,000
2001 $662,064,156 $6,780,750,000
2000 $654,212,394 $6,693,250,000
1999 $662,838,615 $6,861,500,000
1998 $647,287,376 $6,405,250,000
1997 $598,966,982 $8,534,000,000
1996 $535,250,347 $8,557,500,000
1995 $540,733,048 $7,115,000,000
1994 $517,570,058 $6,894,250,000
1993 $504,230,621 $6,567,250,000
1992 $461,409,399 $6,755,000,000
1991 $398,307,170 $8,646,000,000
1990 $392,163,561 $8,788,301,546
1989 $324,333,367 $8,290,553,535
1988 $301,985,618 $7,818,774,177
1987 $265,212,957 $6,744,657,033
1986 $221,147,061 $6,220,698,247
1985 $179,691,483 $5,640,137,575
1984 $160,992,921 $6,355,369,172
1983 $156,098,237 $7,768,031,182
1982 $157,211,790 $8,544,060,905
1981 $163,750,728 $8,015,464,252
1980 $156,783,830 $6,682,278,300
1979 $127,261,099 $5,180,102,910
1978 $85,552,366 $4,353,822,343
1977 $64,526,401 $4,366,610,469
1976 $49,278,982 $4,320,576,877
1975 $47,803,146 $4,373,532,601
1974 $43,134,496 $3,984,194,614
1973 $36,896,280 $3,311,043,292
1972 $30,645,123 $2,679,096,597
1971 $21,965,951 $2,179,828,710
1970 $18,432,032 $1,885,168,339
1969 $16,452,028 $1,748,891,294
1968 $16,074,028 $1,480,355,355
1967 $16,632,032 $1,397,715,282
1966 $16,443,034 $1,282,403,936
1965 $15,603,032 $1,312,105,394
1964 $15,393,032 $1,217,759,447
1963 $13,923,029 $1,160,103,724
1962 $12,642,026 $1,118,172,226
1961 $11,592,024 $1,097,206,526
1960 $12,012,025 $1,053,528,036

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Seychelles vs Zimbabwe by year

Seychelles
GDP per capita

GDP per capita, PPP
Zimbabwe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Seychelles Zimbabwe
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $19,449 - $3,021 -
2024 $18,365 $33,239 $2,496 $5,928
2023 $18,131 $31,781 $2,195 $5,791
2022 $16,683 $29,973 $2,536 $5,396
2021 $14,983 $29,980 $2,614 $4,827
2020 $14,041 $31,056 $2,060 $4,179
2019 $19,142 $34,219 $2,185 $4,166
2018 $18,440 $32,091 $2,271 $3,993
2017 $17,480 $30,675 $3,445 $10,756
2016 $16,567 $28,811 $1,408 $4,275
2015 $15,333 $25,435 $1,387 $4,046
2014 $15,188 $24,985 $1,373 $3,903
2013 $14,821 $22,487 $1,363 $3,784
2012 $12,337 $22,264 $1,239 $3,472
2011 $12,110 $21,781 $1,038 $3,047
2010 $10,935 $18,982 $902 $2,661
2009 $9,747 $18,453 $736 $2,233
2008 $11,265 $18,881 $341 $1,987
2007 $12,669 $19,473 $414 $2,396
2006 $12,783 $17,503 $431 $2,454
2005 $11,802 $15,846 $461 $2,496
2004 $10,828 $14,160 $470 $2,591
2003 $9,070 $14,142 $468 $2,708
2002 $8,864 $14,570 $525 $3,238
2001 $8,153 $14,615 $566 $3,533
2000 $8,064 $14,638 $563 $3,429
1999 $8,243 $13,853 $582 $3,491
1998 $8,210 $13,675 $552 $3,527
1997 $7,747 $13,458 $751 $3,457
1996 $7,004 $11,931 $767 $3,372
1995 $7,181 $10,809 $648 $3,051
1994 $6,975 $10,692 $634 $3,012
1993 $6,979 $11,020 $605 $2,703
1992 $6,520 $10,243 $631 $2,651
1991 $5,655 $9,387 $831 $2,930
1990 $5,642 $8,955 $867 $2,757
1989 $4,689 - $840 -
1988 $4,392 - $816 -
1987 $3,872 - $726 -
1986 $3,368 - $693 -
1985 $2,754 - $649 -
1984 $2,488 - $757 -
1983 $2,426 - $959 -
1982 $2,441 - $1,096 -
1981 $2,557 - $1,069 -
1980 $2,478 - $949 -
1979 $2,030 - $779 -
1978 $1,377 - $665 -
1977 $1,044 - $677 -
1976 $814 - $687 -
1975 $806 - $717 -
1974 $745 - $674 -
1973 $649 - $579 -
1972 $547 - $483 -
1971 $402 - $406 -
1970 $344 - $361 -
1969 $314 - $346 -
1968 $314 - $302 -
1967 $333 - $294.4 -
1966 $338 - $278.7 -
1965 $328 - $294.3 -
1964 $332 - $281.9 -
1963 $308 - $277.1 -
1962 $287 - $275.7 -
1961 $270.3 - $279.2 -
1960 $288.1 - $276.6 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

The Seychelles' GDP per capita is $19,449, ranking 64/197, compared to $3,021 in Zimbabwe, ranking 146/197. Adjusted for purchasing power (GDP per capita PPP), the Seychelles ranks 67th at $33,239, while Zimbabwe ranks 154th at $5,928.

Economic indicators

Seychelles Zimbabwe
Gross domestic product
$2.39B
2025
$51.2B
2025
GDP rank
177/197
2025
95/197
2025
GDP growth
5.8%
2024-2025
8.11%
2024-2025
GDP per capita
$19,449
2025
$3,021
2025
GDP per capita rank
64/197
2025
146/197
2025
GDP per capita, PPP
$33,239
2024
$5,928
2024
GDP per capita PPP rank
67/197
2024
154/197
2024
Government debt
$1.23B
2025
$22.4B
2025
Debt-to-GDP ratio
51.5%
2025
43.8%
2025
Government debt per person
$10,019
2025
$1,322
2025
Government debt per person rank
59/185
2025
134/185
2025
Average annual personal income after taxes
$11,537
2026
$2,800
2026
Market capitalization of domestic companies
$646M
2025
$2.46B
1999
Number of billionaires n/a
1
2026
Income share by richest 10%
23.9%
2018
40.5%
2019
Income share by poorest 10%
2.6%
2018
1.9%
2019
Government expenditure, % of GDP
32.7%
2025
15.5%
2025
Consumer prices inflation
0.3%
2024-2025
81.4%
2024-2025
Central bank interest rate
1.75%
2024
35%
2024
Unemployment rate
2.59%
2024
12.1%
2024
Population
125859
17443108

Spending and national debt comparison by year

Seychelles
Spending

Debt
Zimbabwe
Spending

Debt
1x
Year % of GDP
Seychelles Zimbabwe
Government spending Government debt Government spending Government debt
2025 32.7% 51.5% 15.5% 43.8%
2024 33% 56.1% 13.7% 70.4%
2023 33.1% 55.1% 21.1% 76.1%
2022 31.6% 60.6% 12.1% 66.8%
2021 38.8% 71% 12.4% 39.9%
2020 46.7% 77.4% 8.4% 56.8%
2019 31.7% 48.9% 7.7% 53.9%
2018 33% 51.3% 14.6% 33%
2017 34.3% 56.7% 21.1% 49%
2016 34.5% 64.3% 17% 35.1%
2015 31.5% 75.4% 14.9% 34.1%
2014 33.4% 70.4% 14.2% 29.2%
2013 37.8% 68.2% 15.2% 26.4%
2012 38.6% 80.1% 14.8% 27.2%
2011 36.4% 82.5% 16.5% 30%
2010 34.6% 82.2% 13.1% 33.2%
2009 32.1% 106.1% 8.02% 39.7%
2008 27% 192.1% 2.57% 41.3%
2007 41.9% 144% 3.46% 30.2%
2006 43.6% 135.1% 5.79% 26.7%
2005 39% 144.1% 10.6% 22.4%
2004 39.9% 163.2% - -
2003 44.6% 177% - -
2002 56.3% 195.9% - -
2001 46.8% 199.8% - -
2000 55.4% 177.8% - -
1999 56.1% 159.8% - -
1998 60.7% 161.2% - -
1997 54.7% 143% - -
1996 59.1% 146.7% - -
1995 53.1% 133.5% - -
1994 63.6% 123.5% - -
1993 60.4% 82.2% - -
1992 50.7% 79.9% - -
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/zimbabwe | CC BY

In 2025, the Seychelles' government spending was $781M, accounting for 32.7% of its GDP, while Zimbabwe spent $7.92B, or 15.5% of GDP.

Debt-to-GDP ratio is 51.5% in the Seychelles and 43.8% in Zimbabwe, ranking 102/185 and 120/185, respectively.

Government deficit by year

Deficit/surplus
Seychelles

Zimbabwe
1x
Year Deficit/surplus, % of GDP
Seychelles Zimbabwe
2025 -0.99% 0.08%
2024 -0.68% -0.76%
2023 -1.15% -9.45%
2022 -0.77% -1%
2021 -5.76% -1.83%
2020 -15.7% 0.53%
2019 0.42% -0.06%
2018 -0.8% -4.55%
2017 -1.67% -8.68%
2016 0.02% -4.99%
2015 1.39% -1.61%
2014 2.87% -0.87%
2013 0.33% -1.21%
2012 2.93% -0.35%
2011 3.36% -1.98%
2010 0.52% -0.4%
2009 4.84% -1.48%
2008 7.88% -1.22%
2007 -9.93% -1.71%
2006 -2.54% -1.46%
2005 0.42% -3.58%
2004 0.44% -
2003 3.4% -
2002 -16.3% -
2001 -8.93% -
2000 -14.7% -
1999 -10.3% -
1998 -16.7% -
1997 -5.91% -
1996 -9.69% -
1995 -2.58% -
1994 -6.95% -
1993 -3.62% -
1992 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/zimbabwe | 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 Zimbabwe's surplus of $41.9M, or 0.08% of GDP.

Over the past 21 years, the Seychelles recorded a fiscal deficit in 10 of those years, while Zimbabwe ran a deficit in 19 years. On average, the Seychelles posted an annual deficit equal to 0.72% of GDP, compared to deficit of 2.22% of GDP for Zimbabwe.

Inflation comparison by year

Inflation
Seychelles

Zimbabwe
1x
Year Consumer prices inflation
Seychelles Zimbabwe
2025 0.3% 81.4%
2024 0.31% 736%
2023 -1.04% 667%
2022 2.63% 193.4%
2021 9.77% 98.5%
2020 1.2% 557%
2019 1.81% 255.3%
2018 3.7% 10.6%
2017 2.86% 0.9%
2016 -1.02% -1.6%
2015 4.04% -2.4%
2014 1.39% -0.2%
2013 4.34% 1.6%
2012 7.11% 3.7%
2011 2.56% 3.5%
2010 -2.4% 3%
2009 31.8% 6.2%
2008 37% -
2007 5.32% -
2006 -0.35% -
2005 0.91% -
2004 3.86% -
2003 3.3% -
2002 0.18% -
2001 5.97% -
2000 6.27% -
1999 6.35% -
1998 2.58% -
1997 0.62% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2009–2025, retrieved 2026-07-08).

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

Over the past 17 years, the Seychelles has recorded an average annual inflation rate of 4.08%, compared with 153.8% in Zimbabwe. In 2025, inflation was 0.3% in the Seychelles and 81.4% in Zimbabwe.

Top exports between countries

Seychelles
Export category Export value
Zimbabwe
Export category Export value
Processed food, beverages & tobacco $125K
Machinery & equipment $7K

Balance of trade

Seychelles Zimbabwe
Current account balance
-$166M
2024
$501M
2024
Current account balance ranking
90/190
2024
59/190
2024
Current account balance, % of GDP
-7.46%
2024
+1.21%
2024
Goods imports
$1.38B
2024
$9.06B
2024
Goods exports
$595M
2024
$7.79B
2024
Service imports
$1B
2024
$1.66B
2024
Service exports
$1.71B
2024
$457M
2024
Imports of goods and services, % of GDP
92.7%
2025
23.4%
2024
Exports of goods and services, % of GDP
79.6%
2025
18.1%
2024

Economic freedom indices

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

Seychelles Zimbabwe
Economic freedom 66.5 35.2
Economic freedom ranking 60/197 190/197
Property rights 82.6 19.4
Government integrity 71.7 20.7
Judicial effectiveness 61.7 16.8
Tax burden 77.3 73.6
Government spending 68 93.9
Fiscal health 92.2 52.4
Business freedom 71.3 42
Labor freedom 52 33.3
Monetary freedom 79.8 0
Trade freedom 81.2 50.4
Investment freedom 30 10
Financial freedom 30 10

Economic freedom comparison by year

Seychelles
Zimbabwe
1x
Year Economic freedom index
Seychelles Zimbabwe
2026 66.5 35.2
2025 66.4 35.1
2024 60.4 38.2
2023 59.5 39
2022 61.1 33.1
2021 66.3 39.5
2020 64.3 43.1
2019 61.4 40.4
2018 61.6 44
2017 61.8 44
2016 62.2 38.2
2015 57.5 37.6
2014 56.2 35.5
2013 54.9 28.6
2012 53 26.3
2011 51.2 22.1
2010 47.9 21.4
2009 47.8 22.7
2008 - 29.5
2007 - 32
2006 - 33.5
2005 - 35.2
2004 - 34.4
2003 - 36.7
2002 - 36.7
2001 - 38.8
2000 - 48.7
1999 - 47.2
1998 - 44.6
1997 - 48
1996 - 46.7
1995 - 48.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for the Seychelles is 66.5, ranking 60/197, compared to 35.2 for Zimbabwe, ranking 190/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Seychelles Zimbabwe
Services, % of GDP
67.9%
2025
48.2%
2025
Industry, % of GDP
14.3%
2025
37.1%
2025
Agriculture, forestry, and fishing, % of GDP
2.61%
2025
9.47%
2025
GNI, Atlas method
$2.36B
2025
$45B
2025
GNI per capita, PPP
$34,930
2025
$6,390
2025
Total reserves including gold
$774M
2024
$485M
2024
Total reserves ranking
146/177
2024
159/177
2024
Net foreign direct investment
-$268M
2024
-$465M
2024
Net inflows of foreign direct investment
$226M
2024
$465M
2024
Net outflows of foreign direct investment
-$41.4M
2024
$131M
2024
Servicing debt to the IMF, % of GNI n/a
3.44%
2024
Poverty at national poverty lines
25.3%
2018
38.3%
2019
Gross capital formation, % of GDP
18.7%
2025
8.85%
2024

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/zimbabwe | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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 (1995–2026, 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. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.