For example, a price elasticity of alcohol demand of -0.5 means that a 1-percent increase in price would reduce alcohol consumption by 0.5 percent (or a 10-percent increase in price would reduce consumption by 5 percent).
The Local Currency. The Seychelles Rupee (Rs) is the official currency of the Seychelles. One Rupee = 100 cents. The currency is divided into both paper and coin form. Currency is minted in the following denominations.
The largest industries in Seychelles are tourism and fishing. Tourist sector employs around 30 percent of labor providing about 70 percent earnings.Other sectors are offshore financial sector, oil & gas, and small-manufacturing.OTE: Data for surveys are calculated from added polls on this site. High percentage of visitors have Bachelors / Master degree education. This results with higher average salary than statistics for entire population.