Seychelles Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $150 million (1983 prelim.); $2,320 per capita (1984 est); real growth rate — 1.8% (1984 prelim.)

Natural resources: fish, copra, spices

Agriculture: islands depend largely on coconut production and export of copra; cinna mon, vanilla, and patchouli (used for perfumes) are other cash crops; food crops— small quantities of sweet potatoes, cassava, sugarcane, and bananas, islands not selfsufficient in foodstuffs and the bulk of the supply must be imported; fish is an important food source

Major industries: tourism is largest industry; pre ?essing of coconut and vanilla, fishing, small-scale manufacture of consumer goods, coir rope factory, tea factory

Electric power: 20,000 kW capacity (1985); 58 million kWh produced (1985), 878 kWh per capita

Exports: $4.4 million (f.o.b., 1984 prelim.); fish, copra, cinnamon bark

Imports: $72.7 million (f.o.b., 1984 prelim.); manufactured goods, food, tobacco, beverages, machinery and transport equipment, and petroleum products

Major trade partners: exports—Pakistan France, Reunion, UK, Mauritius; imports— Bahrain, UK, South Africa, Singapore, Japan, France

Aid: economic commitments—Western (non-US) countries, ODA and OOF (1978-831, $216 million; US (FY78-84), $11 million; Communist countries (1970-84), $32 million

Budget: (1984) revenues, $61 million; grants, $4 million; current expenditures, $64 million; capital expenditures, $11 million; net lending, $3.5 million

Monetary conversion rate: 6.80 Seychelles rupees=US$l (31 October 1985)

Fiscal year: calendar year

NOTE: The information regarding Seychelles on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Seychelles 1986 information contained here. All suggestions for corrections of any errors about Seychelles 1986 should be addressed to the CIA or the source cited on each page.