Analysis by Region - Emerging Markets - Seychelles
We forecast real GDP growth of 3.1% in 2024 as investments in the information technology sector boost economic activity. While tourism revenue prospects for the short term are improving, tourist arrivals still fall short of pre-pandemic levels. Increasing competitiveness in the international tourism market is putting pressure on the local industry, and we expect this to have an impact on real GDP growth over the medium to long run.
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