Tourism Sector Drives Revenue and Growth

For 2026, the Seychelles’ economic outlook remains favorable, thanks to a strong start to the year marked by robust tourism activity.

January and February generated an additional USD 12 million in revenue, confirming the central role of tourism in the country’s economy. This information was presented during the official handover of the Central Bank of Seychelles’ (CBS) 2025 Annual Report to President Patrick Herminie by Governor Caroline Abel. The meeting was held at State House, in the presence of the Deputy Governors and the Head of Communications, Sharon Uranie.

According to the report, 2025 was an overall positive year. Foreign exchange reserves stand at approximately USD 122 million, sufficient to cover four months of normal imports, or up to six months for essential needs such as food, healthcare, and fuel. The governor did, however, emphasize that rising global fuel prices could gradually reduce this capacity.

The report also warns of certain international risks. Developments in the Gulf region could affect tourism and trade, potentially leading to short-term economic adjustments.

On the price front, inflation remained low and stable, at -0.2% in December 2025 and an annual average of 0.3%. The report includes CBS’s financial statements, audited by Grant Thornton, ensuring data transparency and reliability.