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Seychelles

30.6 Mid Summer #212 of 217 · SYC · Sub-Saharan Africa · High income · Data: 7/7
What's Driving the Score
Base CCI (7 indicators weighted) 29.9
Development adj (spending below expected for income level) +0.7
Total CCI 30.6
Development Context
GDP per capita: $17,859
Actual spending: 24.6% GDP
Expected (Wagner): 31.3% GDP
Gap: 6.6% below expected
Indicator Breakdown
Each indicator is normalized to 0-100. Higher = more late-cycle pressure. The composite CCI is a weighted average plus adjustments.
Spending
24.6% GDP 29.2 2008
Debt
56.7% GDP 28.4 2024
Growth
3.9% 40.7 2024
Migration
14.4/1000 14.0 2024
Governance
0.71 35.8 2024
Fiscal Pressure
14.1% of revenue 28.2 2008
Demographic
Fert: 1.85 | Dep: 11.9% 25.3 2024
Spending (18% weight) - Total general government expenditure as % of GDP. Source: IMF WEO. Range: 10% (lean) to 60% (heavy state). Higher spending = further in the cycle.
Debt (14%) - Gross government debt as % of GDP. Source: IMF WEO. Range: 0-200%. Debt accumulation is how states finance extraction beyond revenue.
Growth (15%) - Average real GDP per capita growth over 5 years. Source: IMF WEO / World Bank. Inverted: low or negative growth signals extraction is suffocating the productive economy.
Migration (10%) - Net migration rate per 1000 population. Source: UN Population Division via World Bank. Inverted: people leaving is the most honest indicator - they vote with their feet.
Governance (18%) - Composite of control of corruption, government effectiveness, rule of law, and regulatory quality. Source: World Bank Worldwide Governance Indicators. Inverted: poor governance = extraction without accountability.
Fiscal Pressure (13%) - Interest payments as % of government revenue. Source: World Bank WDI. When interest consumes revenue, the state must tax more, borrow more, or print - the death spiral mechanism.
Demographic (12%) - Composite of fertility rate (below replacement = future worker shortage) and old-age dependency ratio (more retirees per worker = more fiscal pressure). Trajectory signal - affects the cycle in 20-30 years.
Hidden Extraction
Shadow Economy -
Social Contributions -
Self-Employment -
Spending-Revenue Gap -
Total Hidden Adjustment +0 pts
Official spending data understates real extraction. These proxies estimate what's hidden:
Shadow Economy - % of GDP operating outside formal taxation. Source: IMF WP 18/17 (Medina-Schneider). Brazil at 35% means a third of the economy is escaping formal taxation - but citizens still pay through embedded costs.
Social Contributions - Employer payroll burden as % of government revenue. Hidden from workers' payslips. A 22% figure means significant extraction happens before workers see their salary.
Self-Employment - High rates signal people fleeing formal employment because the extraction burden makes it unprofitable. Informal/self-employed workers still pay consumption taxes.
Spending-Revenue Gap - Difference between what the state spends and what it collects as formal tax. The gap is funded by hidden channels: forced savings (e.g. FGTS in Brazil), state enterprises, parastatal organizations, or money printing.
CCI Trajectory (2000-2026) -12.0 pts over 26 years
Spring E.Sum M.Sum L.Sum E.Aut M.Aut L.Aut E.Win 0 20 40 60 80 100 2000 2004 2008 2012 2016 2020 2024 2026 42.6 26.7 18 16.1 38.8 30.6 data 7/7 0/7
Historical CCI computed from available indicators per year (spending, growth, governance, fiscal pressure, demographics). Not all 7 indicators are available for every year - early data points use fewer indicators. The trend direction matters more than absolute values.
Nearest Countries by CCI Score
# Country CCI Season Delta Data
213 Denmark 29.9 Mid Summer -0.7 7/7
211 Monaco 31.4 Mid Summer +0.8 4/7
210 Andorra 32 Late Summer +1.4 6/7
214 United Arab Emirates 29.1 Mid Summer -1.5 7/7
209 Sint Maarten (Dutch part) 32.4 Late Summer +1.8 3/7