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Mauritius GDP and Economic Data

Country Report 2017 - Includes Mauritius real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Mauritius economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Mauritius best banks and safest banks are also available.

Mauritius: Stepping Stone To Africa

Situated in the southern Indian Ocean about 1,200 miles off the African coast, Mauritius wants to be the go-to country for entrepreneurs seeking opportunities in Africa. With strong economic and governance fundamentals, a savvy bilingual workforce and a network of agreements with African countries, Mauritius is already being used by major Indian and Chinese companies to expand into the continent.

 
 
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Central bank

Bank of Mauritius

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International Reserves

USD 4.5 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

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Gross Domestic Product - GDP

USD 12.5 billion (2017, estimate)

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GDP (Purchasing Power Parity)

Intl$ 27.4 billion (2017, estimate)

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Real GDP growth
2006 2007 2008 2009 2010 2011 2012
4.5% 5.9% 5.5% 3.1% 4.1% 3.9% 3.2%
2013 2014 2015 2016* 2017*    
3.2% 3.6% 3.5% 3.5% 3.9%    

*Estimate

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GDP per capita - current prices

USD 9,904.6 (2017, estimate)

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GDP per capita - PPP

Intl$ 21,779.9 (2017, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.02% 0.02% 0.02% 0.02% 0.02%

*Estimate

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GDP - composition by sector
  • agriculture: 4% 
  • industry: 22.1% 
  • services: 73.9%

(2016 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

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Inflation
2013 2014 2015 2016* 2017*
3.5% 3.2% 1.3% 1.5% 2.1%

*Estimate

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Unemployment rate
2013 2014 2015 2016* 2017*
8.0% 7.8% 7.9% 7.5% 7.2%

*Estimate

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
53.9% 56.2% 58.6% 58.9% 58.3%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-3.5% -3.2% -3.4% -2.8% -2.9%

*Estimate

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Government bond ratings

Standard & Poor's: N/A

Moody's: Baa1

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares
2013 2014 2015
USD 8.9 billion USD 8.8 billion USD 7.2 billion
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Largest companies

N/A

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Current account balance

USD -0.6 billion (2017 estimate)

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Current account balance by percentage of GDP

-4.5% (2017 estimate)

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Exports as percent of GDP (Exports of goods and services)

49.0% (2015)

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Shares in world total merchandising export

0.01% (2015)

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Shares in world total commercial services export

0.06% (2015)

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Total exports

USD 2.7 billion (2016 estimate)

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Export commodities

Clothing and textiles, sugar, cut flowers, molasses, fish, primates (for research)

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Total imports

USD 4.4 billion (2016 estimate)

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Import commodities

Manufactured goods, capital equipment, foodstuffs, petroleum products, chemicals

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Exports - major partners

UK 13.2%, UAE 12.4%, France 11.9%, US 10.7%, South Africa 8.6%, Madagascar 6.5%, Italy 5.4%, Spain 4.4% (2015)

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Imports - major partners

India 18.7%, China 17.8%, France 7.1%, South Africa 6.5%, Vietnam 4.4% (2015)

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FDI inflows
2013 2014 2015
USD 293 million USD 418 million USD 208 million
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FDI outflows
2013 2014 2015
USD 168 million USD 91 million USD 54 million
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Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD -418.3 million USD 65.4 million USD 1218.6 million USD 1149.8 million
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Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 49 out of 190 countries (2017)

Subcategories:

Starting a business: 48 out of 190 countries

Enforcing Contracts: 34 out of 190 countries

Registering Property: 98 out of 190 countries

Getting Credit: 44 out of 190 countries

Protecting Minority Investors: 32 out of 190 countries

Trading Across Borders: 74 out of 190 countries

Paying Taxes: 45 out of 190 countries

Dealing with Construction Permits: 33 out of 190 countries

Getting Electricity: 110 out of 190 countries

Resolving Insolvency: 39 out of 190 countries

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Global competitiveness ranking

45 out of 138 countries

(2016-2017)

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Index of Economic Freedom

Ranking: 15 / Score: 74.73 (Mostly free) (2016)

(100=totally free 0=totally repressed)

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Time zone

UTC+4

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Total area

2,040 sq km

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Capital

Port Louis

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Currency

Mauritian rupees (MUR)

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Government type

Parliamentary republic

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Languages

Creole 86.5%, Bhojpuri 5.3%, French 4.1%, two languages 1.4%, other 2.6% (includes English, the official language, which is spoken by less than 1% of the population), unspecified 0.1% (2011 est.)

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Religions

Hindu 48.5%, Roman Catholic 26.3%, Muslim 17.3%, other Christian 6.4%, other 0.6%, none 0.7%, unspecified 0.1% (2011 est.)

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Total population
1990 2000 2010 2016* 2021*
1.059 million 1.186 million 1.25 million 1.259 million 1.26 million

*Estimate 

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Urban population as % of total population
1960 1980 2000 2015
33% 42% 43% 40%
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Population median age

34.8 years (2016 estimate)

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Population growth rate

0.61% (2016 estimate)

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Life expectancy

75.6 years (2016 estimate)

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Literacy

Total population: 90.6%
Male: 92.9%
Female: 88.5% (2015 est.)

(age 15 and over can read and write)

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% of population living on less than $3.10 a day

0.7% (2012)

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Inequality of wealth distribution (Gini index)

35.8 (2012)

(0=perfect equality, 100=absolute inequality)

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Freedom House rating

Political Rights: 1
Civil Liberties: 2 (2017)                         

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

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Total telephone subscribers as % of population

Fixed 30.31%   Mobile 140.58% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

50.14% (2015)

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Mercer Cost of living index

Port Louis: 175th (2016)

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CO2 emissions

3.0 (2013)

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World's Best Developed & Emerging Markets Banks

2013
2012
2011
2010

World’s Best Treasury & Cash Management Providers

2013

World's Best Subcustodian Banks

2013
2011
2010

World’s Best Investment Banks

2014

World's Best Banks By Region

2014
2013
2012
2011

World's Best Banks

2014
2013
2013

Best of…

2012
2009

Additional Awards

2014
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