Taxes on income, profits and capital gains in Seychelles
Seychelles: Taxes on income, profits and capital gains was 24.7% in 2008. ▼ Falling
Taxes on income, profits and capital gains in Seychelles, 1985–2008
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
In 2008, taxes on income, profits and capital gains in Seychelles stood at 24.7%.
Compared with earlier readings it is up 10.2% on the previous year and up 26.5% over ten years.
Over the whole period, taxes on income, profits and capital gains in Seychelles peaked at 31.2% in 1985 and was at its lowest, 16.3%, in 1993.
Seychelles ranks 127th of 153 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Taxes on income, profits and capital gains in Seychelles, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1985 | 31.2% | — |
| 1986 | 27.4% | -12.2% |
| 1987 | 28.1% | +2.5% |
| 1988 | 18.3% | -35.0% |
| 1989 | 22.9% | +25.6% |
| 1993 | 16.3% | -28.7% |
| 1994 | 17.3% | +6.2% |
| 1995 | 18.8% | +8.4% |
| 1996 | 17.2% | -8.5% |
| 1997 | 16.9% | -1.6% |
| 1998 | 19.5% | +15.1% |
| 1999 | 24.6% | +26.4% |
| 2000 | 26.7% | +8.3% |
| 2005 | 20.2% | -24.1% |
| 2006 | 21.4% | +5.8% |
| 2007 | 22.4% | +4.4% |
| 2008 | 24.7% | +10.2% |
Seychelles compared with similar countries
- Seychelles's 24.7% is below the median for high income countries, which is 43.9%, 56% of the median. (55 countries reporting)
- Seychelles's 24.7% is below the median for Sub-Saharan Africa, which is 33.6%, 73% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.6% | 18.3% | 31.2% | 5 |
| 1990s | 18.7% | 16.3% | 24.6% | 7 |
| 2000s | 23.1% | 20.2% | 26.7% | 5 |
Countries ranked near Seychelles
More public sector data for Seychelles
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Seychelles?
- Taxes on income, profits and capital gains in Seychelles was 24.7% in 2008, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Seychelles?
- The highest recorded value was 31.2% in 1985.
- What is the lowest taxes on income, profits and capital gains recorded in Seychelles?
- The lowest recorded value was 16.3% in 1993.
- How does Seychelles rank for taxes on income, profits and capital gains?
- Seychelles ranks 127th out of 153 countries with data for 2008.
- Is taxes on income, profits and capital gains rising or falling in Seychelles?
- Over the last ten years it is up 26.5%. The long-run trend across the full record is falling.
- Where does this Seychelles data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.