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Integrated SDG Insights

Seychelles

UNDP’s Integrated SDG Insights explore how to achieve the SDGs by 2030. So that no one is left behind.

How To Read This Report

‘SDG Insights’ playbooks transcend development “as usual,” and leverages data innovation, AI and systems analysis to chart credible pathways that help countries meet the 2030 Agenda.

SDG Moment This section provides an overview of a country's economic growth trajectory, with new insights on sustainability and inclusiveness of growth pathways.

SDG Trends & Priorities This section builds from the foundation of national SDG progress and uses machine learning to analyse national development ambition with an SDG lens.

SDG Interlinkages Combined, these insights are mapped against SDG interlinkages to define policy choices the accelerate SDG progress, tailored to national context.

Finance & StimulusThese policy choices are made against fiscal constraints and opportunities for stimulus mapped in this section to ensure choices translate to development impact and leave no one behind.

1. SDG Moment

While economic growth is a key element in achieving the SDGs, many countries are intent on moving beyond growth as a yardstick for progress. In the short run, growth enables the SDGs; but in the long run, the SDGs aim to transform the pattern of growth itself.

GDP Growth Pathways

People

Poverty: Percentage of the population under each threshold (PPP$ a day).

Data not available.

Planet

Carbon Intensity: CO2 emissions intensity of GDP (tCO2 per PPP $1,000).

Seychelles’ economic growth cycle in 2023-2024 is in acceleration, but it is expected to transition to coping phase by 2025. This pace of growth is characterized by being 34% higher, on average, than the global rate, and by being aligned to the country’s growth trajectory projected before the pandemic. Accordingly, Seychelles’ commitments to achieving the SDGs are focused on increasing people’s well-being.

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This pace of economic growth would exert a moderate positive impact on reducing poverty, and it would be somewhat less dependent on carbon emissions as the country’s fossil emissions intensity of GDP is projected to decrease at an annual rate of 0.4%.

3. SDG Interlinkages

Maps synergies and trade-offs of national priorities to the most relevant SDG targets to chart policy pathways with most potential to accelerate progress.

3.8: Achieve universal health coverage

Seychelles  recognizes that beyond health and well-being, investment in health also contributes to social inclusion, gender equality, poverty eradication, economic growth and human dignity. The country's  broad strategic priorities for health in the National Development Strategy include pursuing effective health protection; promoting empowerment and personal and societal responsibility for holistic health; and building a high-quality integrated health care system with a focus on people-centred care.

The government is the principal investor in the Seychelles health system  providing free access to primary health care for all its citizens. The country’s health spending as a share of GDP increased from 4.8% in 2018 to 6.4% in 2020 which is expected to increase, due to several factors, including the increasing incidence of non-communicable diseases, an ageing population and the high cost of technologies.

By increasing government investments in digital health technology there is potential to extend health care services to the ageing population at reduced cost and, as indicated by synergies, to enhance investments in energy, to create decent jobs, to improve nutrition and to reduce inequalities.

8.2: Diversify, innovate and upgrade for economic productivity

The economy of the Seychelles has undergone structural transformation, but most of the change has occurred between the primary and the secondary sectors, while keeping the share of the service sector at around 66 percent of GDP. The share of the service sector has always been high due to overreliance on revenues from tourism. The COVID-19 pandemic has reinforced a widely held concern about the high vulnerability of the economy due to the dominance of this sector, justifying the Government’s current efforts to advance the economic diversification agenda.

To promote economic diversification, it is essential to prioritize investments in core infrastructure, energy, telecommunications, transport and logistics that would support diversification into non-service activities, such as manufacturing and financial services, ICT, as well as cut delays and improve market access.  

Acknowledging the increasing importance of services in supporting countries’  diversification efforts would be beneficial for Seychelles to develop new “deep trade agreements”, including the broad category of services and digital services (e.g. eservices, ecommerce). Such services trade policies could lead to higher labour,  overall productivity positive multiplier effects  on 7 SDGs (SDGs 1, 2 ,6, 7,  8, 11 and 12) and 18 associated targets, and one trade-off on water treatment (SDG target 6.3). While there are numerous benefits, there is one trade-off concerning water treatment. When undertaking these investments, it is vital to incorporate safeguards to address the trade-offs.

13.2: Integrate climate change measures into national policies, strategies and planning

Seychelles faces significant vulnerability to the impacts of climate change. In response, the Government of Seychelles has maintained a strong commitment to aligning its development strategies with global initiatives aimed at limiting global warming. The country's revised Nationally Determined Contribution sets forth ambitious targets aiming to reduce economy-wide emissions by 26.4% by 2030 compared to business-as-usual scenarios. Furthermore, Seychelles aspires to achieve a decarbonized, net-zero emissions economy by 2050.

To pursue sustainable growth, Seychelles will not only continue to invest in safeguarding the Blue Economy, but also seek to harmonize climate action and development efforts. This approach ensures that the country's progress towards climate resilience and mitigating the adverse effects of climate change goes hand in hand with fostering sustainable economic growth to sustain the foundation of a high-income status.  

Investing in target 13.2 has positive synergies with 64 SDG targets  spread across 10 goals, but with 29 negative trade-offs with SDGs 14, 15 and 6, among others.  It is essential to navigate the complexities of these negative trade-offs while ensuring that policy implementation addresses competing interests and safeguards the ecosystem’s integrity.

16.6: Develop effective, accountable and transparent institutions

In Seychelles 68.5% of the population is satisfied with the public services they receive.By focusing on SDG 16 (peace, justice and strong institutions), and specifically Target 16.6, measures can be implemented to cut across all goals and pillars outlined in the Seychelles National Development Strategy 2019  –  2023 and the Government of Seychelles Strategy 2024 – 2028, where public services are provided.

This offers Seychelles the opportunity to set a higher goal, for example towards the percentage of the population satisfied with public services received. This increase will have a positive multiplier effect on the progress of other SDGs.

However, it is crucial to ensure that this objective is accompanied by safeguards to prevent the deepening of inequalities.

15.1: By 2020, ensure the conservation, restoration and sustainableuse of terrestrial and inland freshwater ecosystems and their services.

By prioritizing Target 15.1 in its 2021-2025 National Development Plan, Ecuadorreaffirmed the significance of protecting and preserving terrestrial ecosystems andtheir biodiversity. This includes recognizing that the investment projects intendedto fulfil Target 15.1 will not only contribute to achieving the SDGs 13, 14 and 15, butwill also help restore ecosystems that underpin the availability and comprehensivemanagement of water resources (SDG 6) and promote their sustainable use (Target12.2). Additionally, it will also foster the generation of new energy from renewablesources (Target 7.2).

To this end, Ecuador seeks to strengthen the management of the National Systemof Protected Areas through its 2022-2032 Strategic Plan and the implementationof the National Forest Restoration Plan 2019-2030. These instruments serve as thetechnical, legal and financial foundation for executing local forest restorationprocesses with a landscape vision, with an overall goal of covering 30,000hectares through its projects. Considering that the proportion of national territoryunder conservation or environmental management, as of 2022, stands at 22.1%, itis necessary to mobilize additional financial resources from various sources andestablish robust governance (Target 17.3) to intensify the care of protected areas.This ensures the conservation of natural and cultural resources, genetic flows, theprovision of environmental services for the benefit of the population and thealignment of policies on the ground.

Futures Scenarios

SDG Push is a futures scenario based on 48 integrated accelerators in the areas of Governance, Social Protection, Green Economy and Digital Disruption. It uses national data to explore the impact on human development by 2030 and 2050 across key SDG indicators. It does this by using ‘International Futures,’ a systems model designed to explore interactions across development systems.

Poverty <$1.90 Per Day (Number of People)

Malnourished Children Under 5 (Number Of Children)

Malnourished Children Under 5 (Number Of Children)

4. Finance and Stimulus

Many countries are facing reduced fiscal space, high debt levels, rising interest rates and downgrades on credit ratings. Fiscal and financial constraints tend to slow or even reverse SDG progress.

Seychelles' gross government debt, projected at 62.5% of GDP in 2023, is 6.3 percentage points (pp) below the emerging market and middle-income economies (EMMIE) group of 68.8%. The country is expected to collect 33.9% of GDP in government revenue this year, thus 7.9 pp above the EMMIE group at 26%.

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Seychelles' external debt servicing relative to revenue at a projected 14.8% this year, is 2.5 pp above the average EMMIE country with 12.3%.

SDG Stimulus

The UN Secretary General’s SDG Stimulus Plan lays out a blueprint for action within the existing financial architecture. It includes:

  • Providing liquidity to support recovery in the near term
  • Enhance debt relief for vulnerable countries.​
  • Expanding development financing by MDBs
  • Align financial flows with the SDGs and Paris Agreement, according to country-level priorities and needs, for example through the rollout of the UN Integrated National Financing Framework (INFFs).

Given the projected fiscal and financial constraints faced by

Seychelles

possible funding options for the investments derived from the identified interlinkages are as follows:

  • Tax and revenue reform
  • Tax for the SDGs
  • Debt for SDGs
  • Climate finance
  • Blended and public-private finance
  • SDG-aligned business environment and investment
  • Accessing financial markets and insurance
  • Remittances, philanthropy and faith-based financing

Methodology & Data Sources

Click here to view the Methodological Note for the Integrated SDG Insights.

This report is the result of a global exercise carried out using artificial intelligence to identify SDG priorities based on 10 national government documents, together with SDG progress and SDG interlinkage analysis. The implementation and monitoring of the 2030 Agenda in Argentina should be consulted in the Country Reports and National Voluntary Reports.

SDG Moment

Methodology
Assesses challenges and opportunities in national growth trajectories with insights on environmental sustainability and inclusiveness.

Data Sources
Future trajectories to 2025 are based on IMF-WEO GDP projections, distributions of per capita income or consumption from the World Bank, and CO2 emissions from the Global Carbon Budget 2022 and EDGAR (JRC and IEA).​

Trends & Priorities

Methodology
SDG trends tracks progress from 2015 to date for the 231 indicators. National priorities are analysed using machine learning to reveal the most prominent SDGs referenced in national policy documents.

Data Sources
SDG trends tracks progress from 2015 to date for the 231 indicators. National priorities are analysed using machine learning to reveal the most prominent SDGs referenced in national policy documents.

Interlinkages

Methodology
SDG trends tracks progress from 2015 to date for the 231 indicators. National priorities are analysed using machine learning to reveal the most prominent SDGs referenced in national policy documents.

Data Sources
The exercise globally considered a total of 454 documents published from 2015 to August 2022. (Miola et al., 2019 updated in 2021-2022)​

Finance & Stimulus

Methodology
Provides insight into indicators of fiscal and financial stress with options (INFF) for stimulus and other means to accelerate progress.

Data Sources
Most recent resource data from UNU-WIDER GRD (between 2018 and 2021), debt and revenue from IMF WEO (between 2020 and forecasts for 2023), external debt from IDS (2023), yields from Haver Analytics (8 June 2023), credit ratings from S&P, Moodys and FITCH (2023), and DSA ratings from World Bank/IMF (31 May 2023).