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Seychelles Economy

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The Seychelloise economy, with a population of 91,650 (July 2014 est.), ranks 166th in the world with a GDP PPP of $2.46 billion and GDP PPP per capita of $26,492 vs. $53,101 (United States) according to the IMF in 2013. While its considered an offshore financial centre, banks within the country also offer standard banking products such as current accounts for transactions and interest bearing accounts such as savings accounts and fixed deposit accounts. The national currency is the Seychellois rupee (SCR) that is issued by Central Bank of Seychelles (www.cbs.sc). According to CIA.gov its inflation was 4.3% in 2013 and 7.1% in 2012.