GFmag Online Readers Survey 2012
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 bankBank of Mauritius
International ReservesUS$ 2.619 billion (Source: World Bank; Data updated: November 2010)
Gross Domestic Product - GDPUS$ 10.299 billion (2010 estimate)
GDP (Purchasing Power Parity)19.008 billion of International dollars (2010 estimate)
Real GDP growth
20002001200220032004200520062007
7.2%2.6%1.9%4.3%5.5%1.5%3.9%5.4%
2008200920102011*
5%3%4%4.1%

*Estimate

GDP per capita - current pricesUS$ 7,990 (2010 estimate)
GDP per capita - PPP$14,746 International Dollars (2010 estimate)
GDP (PPP) - share of world total
19801990200020102015**
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 November 2010)

Inflation
2008200920102011*
9.7%(2008)2.5%2.9%7.4%

*Estimate

Unemployment rate
2008200920102011*
7.2%7.3%7.5%(2009)7.8%

*Estimate

Household saving ratesN/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
49%45.6%47.8%50.5%51.4%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*2011**
0.1%3.5%-3.4%-4.1%-4.8%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: Baa2

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares
200720082009
US$5.666 billionUS$3.443 billionUS$4.74 billion
Largest companies in MauritiusN/A
DATA ON TRADE AND COMPETITIVENESS
Current account balanceUS$ -1.2 billion (2010 estimate)(After 2008)
Current account balance by percentage of GDP-11.6% of GDP (2010 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

51.8% (2009)

(Data released on December 2010)

Shares in world total merchandising export0.01%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export0.07%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsUS$2.041 billion f.o.b. (2010 estimate)
Export commoditiesclothing and textiles, sugar, cut flowers, molasses, fish
Total importsUS$4.503 billion f.o.b. (2008 estimate)
Import commoditiesmanufactured goods, capital equipment, foodstuffs, petroleum products, chemicals
Exports - major partnersUK 35.1%, France 14.4%, US 7.7%, Madagascar 6.3%, Italy 5.8% (2007)
Imports - major partnersIndia 21.2%, China 11.4%, France 10.7%, South Africa 7.4% (2007)
FDI inflows
200820092010
US$383 millionUS$257 million(2009)US$430 million(2009)
FDI outflows
200820092010
US$52 millionUS$37 millionUS$129 million
Value of cross-border M&A, by country of purchaser
2008200920102011
US$206 millionUS$191 million(2009)US$-50 million(2009)N/A
Cross-border M&A deals worth over $3 billion completed in 2008

(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 2010

(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 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 20 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 12 out of 183 countries(2009)

Registering property: 69 out of 183 countries

Paying Taxes: 12 out of 183 countries

Getting credit: 89 out of 183 countries

Protecting investors: 12 out of 183 countries

Trading across border: 22 out of 183 countries

Enforcing Contracts: 61 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)
54

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 12 Score: 76.2 (Mostly Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zoneUTC+4
Total area 2,040 km2 (2006)
CapitalPort Louis (2009)
CurrencyMauritian rupees (MUR) (2009)
Government typeparliamentary democracy (2009)
LanguagesCreole 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)
ReligionsHindu 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
1980199020002010*2015**
0.97 million1.06 million1.19 million1.29 million1.34 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
33.2%42.4%42.7%42.5%
Population median age31.0 years (2006)
Population growth rate0.5% (2009)
Life expectancy73 years (2007)
Adult literacy87% (2000/2007)
% of population living on less than $2 a dayN/A
Inequality of wealth distribution (Gini index)

N/A

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:2 (2010)

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

Total telephone subscribers as % of population

121.51% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population24.9% (Data were released in 2011 and refer to 2010)
Cost of living 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)

3.0888 (2008)

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 (National, 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