top of pageBackground: A lengthy struggle between France and Great Britain for the islands ended in 1814 when they were ceded to the latter. Independence came in 1976. Socialist rule was brought to a close with a new constitution and free elections in 1993. President France-Albert RENE who had served since 1977 was re-elected in 2001 but stepped down in 2004. Vice President James MICHEL took over the presidency and in July 2006 was elected to a new five-year term; he was reelected in May 2011.
Climate: tropical marine; humid; cooler season during southeast monsoon (late May to September); warmer season during northwest monsoon (March to May)
Terrain: Mahe Group is granitic narrow coastal strip rocky hilly; others are coral flat elevated reefs
Natural hazards: lies outside the cyclone belt so severe storms are rare; occasional short droughts
top of pageLanguages: Creole 91.8% English (official) 4.9% other 3.1% unspecified 0.2% (2002 census)
Religions: Roman Catholic 82.3% Protestant 7.5% (Anglican 6.4% Seventh-Day Adventist 1.1%) other Christian 3.4% Hindu 2.1% Muslim 1.1% other non-Christian 1.5% unspecified 1.5% none 0.6% (2002 census)
top of pageAdministrative divisions: 23 administrative districts; Anse aux Pins Anse Boileau Anse Etoile Anse Louis Anse Royale Baie Lazare Baie Sainte Anne Beau Vallon Bel Air Bel Ombre Cascade Glacis Grand' Anse (on Mahe) Grand' Anse (on Praslin) La Digue La Riviere Anglaise Mont Buxton Mont Fleuri Plaisance Pointe La Rue Port Glaud Saint Louis Takamaka
Legal system: mixed legal system of English common law French civil law and customary law
Legislative branch: unicameral National Assembly or Assemblee Nationale (34 seats; 25 members elected by popular vote 9 allocated on a proportional basis to parties winning at least 10% of the vote; members to serve five-year terms)
Judicial branch: Court of Appeal; Supreme Court; judges for both courts are appointed by the president
Political parties and leaders: Democratic Party or DP [James MANCHAM Paul CHOW]; New Democratic Party or NDP; People's Party (Parti Lepep) or PL [France Albert RENE]; Popular Democratic Movement or PDM; Seychelles National Party or SNP [Wavel RAMKALAWAN] (formerly the United Opposition or UO)
International organization participation: ACP AfDB AOSIS AU C CD COMESA FAO G-77 IAEA IBRD ICAO ICRM IDA IFAD IFC IFRCS ILO IMF IMO InOC Interpol IOC IOM IPU ISO (correspondent) ITU MIGA NAM OIF OPCW SADC UN UNCTAD UNESCO UNIDO UNWTO UPU WCO WHO WIPO WMO WTO (observer)
Flag description: five oblique bands of blue (hoist side) yellow red white and green (bottom) radiating from the bottom of the hoist side; the oblique bands are meant to symbolize a dynamic new country moving into the future; blue represents sky and sea yellow the sun giving light and life red the peoples' determination to work for the future in unity and love white social justice and harmony green the land and natural environment
top of pageEconomy overview: since independence in 1976 per capita output in this Indian Ocean archipelago has expanded to roughly seven times the pre-independence near-subsistence level moving the island into the upper-middle income group of countries. Growth has been led by the tourist sector which employs about 30% of the labor force and provides more than 70% of hard currency earnings and by tuna fishing. In recent years the government has encouraged foreign investment to upgrade hotels and other services. At the same time the government has moved to reduce the dependence on tourism by promoting the development of farming fishing and small-scale manufacturing. In July 2008 the government defaulted on a Euro amortizing note worth roughly US$80 million leading to a downgrading of Seychelles credit rating. In an effort to obtain loans to service its debt Seychelles in November 2008 signed a standby arrangement with the IMF that mandated floating the exchange rate removing foreign exchange controls cutting government spending and tightening monetary policy. In response to Seychelles' successful implementation of these policies the IMF upgraded Seychelles to a three-year extended fund facility (EFF) of $31 million in December 2009. In 2008 GDP fell more than 1% due to declining tourism and the initial effects of liberalization but the economy recovered in 2010-11 after the reforms took hold and tourism increased. Growth slowed again in 2012 with flagging tourism from Russia and the United Arab Emirates. Seychelles is attempting to implement further structural reforms including overhauling the tax system reorganizing of state enterprises and deregulating the finance and communications sectors.
Agriculture products: coconuts cinnamon vanilla sweet potatoes cassava (tapioca) copra bananas; poultry; tuna
Exports: $495.1 million (2011 est.)
Rank: 172
Commodities: canned tuna frozen fish cinnamon bark copra petroleum products (reexports)
Partners: France 26.5% UK 21% Japan 11% Italy 10% (2011)
Imports: $877.1 million (2011 est.)
Rank: 179
Commodities: machinery and equipment foodstuffs petroleum products chemicals other manufactured goods
Partners: Saudi Arabia 23.9% Spain 8.3% France 5.8% South Africa 5% Singapore 4.1% (2011)
Exchange rates:
Seychelles rupees (SCR) per US dollar -
13.82 (2012 est.)
12.381 (2011 est.)
12.068 (2010 est.)
13.61 (2009)
8 (2008)
top of pagetop of pageBroadcast media: the government operates the only terrestrial TV station which provides local programming and airs broadcasts from international services; multi-channel cable and satellite TV are available; the government operates 1 AM and 1 FM radio station; transmissions of 2 international broadcasters are accessible in Victoria (2007)
top of pagetop of pagetop of pageDisputes international: Mauritius and Seychelles claim the Chagos Islands (UK-administered British Indian Ocean Territory)
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