Analysis by Region - Emerging Markets - Seychelles
Description
Overall, Seychelles's tourist arrivals in the second half of 2025 remained robust, despite the usually large seasonal decline in the second quarter. We still forecast tourist arrivals to increase by 5% in 2025, and real tourism revenue to rise by 6.7%. Consequently, we project real GDP to grow by 3.1% in 2025, slowing to 2.2% in 2026 due to lower tourist arrivals and a moderation in real fixed investment growth. Downside risks to our real GDP growth forecasts include slower growth in the EU, a significant source of tourists visiting the country.
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