Mauritius


Mauritius Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Mauritius; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank Bank of Mauritius
International Reserves US$ 2.775 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 11.224 billion (2010 estimate)
GDP (Purchasing Power Parity) 20.225 billion of International dollars (2010 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
2.6% 1.9% 4.3% 5.5% 1.5% 3.9% 5.4% 5.5%
2009 2010 2011 2012*
3% 4.1% 4.1% 3.6%

*Estimate

GDP per capita - current prices US$ 8,655 (2010 estimate)
GDP per capita - PPP $15,595 International Dollars (2010 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.02% 0.02% 0.02% 0.02% 0.02%

**Forecast

GDP - composition by sector
  • agriculture: 4.4% 
  • industry: 23.8% 
  • services: 71.8% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
2.5%(2008) 2.9% 6.5% 4.8%

*Estimate

Unemployment rate
2009 2010 2011 2012*
7.3% 7.8% 7.8%(2009) 8.2%

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
44% 50.7% 50.5% 50.6% 51.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-2.8% -3.6% -3.2% -3.4% -2.8%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: Baa1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$4.74 billion US$6.506 billion US$6.54 billion
Largest companies in Mauritius N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ -1.2 billion (2010 estimate)(After 2008)
Current account balance by percentage of GDP -11.1% of GDP (2010 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

52.4% (2010)

(Data released on April 2012)

Shares in world total merchandising export 0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.08% (2011)(2007)

(Data were released in 2012)

Total exports US$2.631 billion (2012 estimate) 
Export commodities clothing and textiles, sugar, cut flowers, molasses, fish
Total imports US$5.111 billion (2012 estimate) 
Import commodities manufactured goods, capital equipment, foodstuffs, petroleum products, chemicals
Exports - major partners UK 19.7%, France 17.1%, US 11.5%, Italy 8.8%, South Africa 7.3%, Spain 6.8%, Madagascar 6.5% (2011)
Imports - major partners India 25.6%, China 11.5%, France 9.4%, South Africa 7.3%, Singapore 5.9% (2011)
FDI inflows
2009 2010 2011
US$248 million US$430 million(2009) US$273 million(2009)
FDI outflows
2009 2010 2011
US$37 million US$129 million US$89 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
US$206 million US$191 million(2009) US$-50 million(2009) US$268 million
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 19 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 14 out of 185 countries(2009)

Enforcing Contracts: 58 out of 185 countries

Registering Property: 60 out of 185 countries

Getting credit: 53 out of 185 countries

Protecting investors: 13 out of 185 countries

Trading across border: 15 out of 185 countries

Paying Taxes: 12 out of 185 countries

Dealing with Construction Permits: 62 out of 185 countries

Getting Electricity: 44 out of 185 countries

Resolving Insolvency: 64 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
54

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 8 Score: 77.0 (Mostly Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+4
Total area 2,040 km2 (2006)
Capital Port Louis (2009)
Currency Mauritian rupees (MUR) (2009)
Government type parliamentary democracy (2009)
Languages Creole 80.5%, Bhojpuri 12.1%, French 3.4%, English (official; spoken by less than 1% of the population), other 3.7%, unspecified 0.3% (2000 census)
Religions Hindu 48%, Roman Catholic 23.6%, Muslim 16.6%, other Christian 8.6%, other 2.5%, unspecified 0.3%, none 0.4% (2000 census)
Total population
1980 1990 2000 2012* 2017**
0.97 million 1.06 million 1.19 million 1.3 million 1.33 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
33.2% 42.4% 42.7% 41.8%
Population median age 32 years (2010)
Population growth rate 0.4% (2011)
Life expectancy 73 years (2010)
Adult literacy 88% (2005/2010)
% of population living on less than $2 a day N/A
Inequality of wealth distribution (Gini index)

N/A

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:2 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

127.71% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 34.95% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Port Louis: 107th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

2.9614 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Mauritius Commercial Bank (National, 2012)
2011:
  • COUNTRY WINNERS Mauritius Commerical Bank (Latin America, 2011)
2010:
  • COUNTRY WINNERS Mauritius Commerical Bank (National, 2010)
2009:
  • COUNTRY WINNERS Mauritius Commerical Bank (National, 2009)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE