Browse a full set of economic indicators

Mauritius

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.

Basic Information

Government Type: Parliamentary republic

Capital City: Port Louis

GDP & Economic Information

Macroeconomy & Sovereign Data

Central Bank Bank of Albania

Bank for International Settlements

Currency Mauritian rupees (MUR)

International Reserves USD 7.29 billion (2020)

World Bank, last updated 12/16/2021
Gross Domestic Product – GDP World Bank, last updated 12/16/2021

IMF – World Economic Outlook, October 2021
GDP (Purchasing Power Parity) USD 28.27 billion (2021 estimate)

GDP Data

Real GDP growth 2017: 3.8%
2018: 3.8%
2019: 3.0%
2020: -14.9%*
2021: 5.0%*

*Estimate
GDP per capita – current prices USD 8,681.61 (2021 estimate)

GDP per capita – PPP USD 22,311.37 (2021 estimate)

GDP (PPP) – share of world total USD 0.02% (2021 estimate)

GDP – composition by sector agriculture: 3.4%
industry: 16.7%
services: 68.2%
(2016 estimate)
Gross domestic expenditure on R&D; (% of GDP) N/A
Inflation 2017: 3.7%
2018: 3.2%
2019: 0.5%
2020: 2.5%*
2021: 5.1%*

*Estimate

Inflation & Debt

Inflation 2017: 3.7%
2018: 3.2%
2019: 0.5%
2020: 2.5%*
2021: 5.1%*

*Estimate
Government Bond Ratings Standard & Poor’s: N/A

Moody’s: Baa2

Standard & Poor’s / Moody’s (Updated January 2022)
Unemployment rate 2017: 7.1%
2018: 6.9%
2019: 6.7%
2020: 9.2%*
2021: 9.5%*

*Estimate
Household saving rates N/A
Public debt (General government gross debt as a % of GDP) 2017: 64.3%
2018: 66.2%
2019: 84.6%
2020: 96.9%*
2021: 101%*

*Estimate
Public deficit (General government net lending/borrowing as a % of GDP) 2017: 0.7%
2018: 0.3%
2019: 5.6%
2020: -9.1%*
2021: -5.7%*

*Estimate
Market value of publicly traded shares USD 6.2 billion (2020)

Largest Companies N/A

Import/Export

Exports as percent of GDP (Exports of goods and services) 30% (2020)

Shares in world total merchandising export 0.01% (2020)

Shares in world total commercial services export 0.03% (2020)

Total exports USD 3.1 billion (2020 estimate)

Export commodities Fish products, raw sugar, clothing and apparel, diamonds, refined petroleum (2019)

Total imports USD 5.2 billion (2020 estimate)

Import commodities Refined petroleum, cars, fish products, aircraft, packaged medicines (2019)

Exports – major partners France 10%, South Africa 10%, United States 10%, United Kingdom 8%, Zambia 7%, Madagascar 6% (2019)

Imports – major partners China 15%, India 13%, France 10%, South Africa 8%, United Arab Emirates 7% (2019)

Competitiveness & Trade

Current account balance USD -2 billion (2021 estimate)

IMF – World Economic Outlook, October 2021
Current account balance by percentage of GDP -18.6% (2021 estimate)

IMF – World Economic Outlook, October 2021
FDI inflows 2018: USD 461 million
2019: USD 471 million
2020: USD 246 million
FDI Outflows 2018: USD 98 million
2019: USD 57 million
2020: USD 26 million
Value of cross-border M&A, by country of purchaser 2017: USD 1,852 million
2018: USD 241 million
2019: USD 147 million
2020: USD -378 million
Cross-border M&A deals worth over $3 billion completed in 2014 N/A
Cross-border M&A deals worth over $3 billion completed in 2015 N/A
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: 13 out of 190 countries

(2020)

Dealing with Construction Permits: 8 out of 190 countries

Getting Electricity: 28 out of 190 countries

Registering Property: 23 out of 190 countries

Getting Credit: 67 out of 190 countries

Protecting Minority Investors: 18 out of 190 countries

Paying Taxes: 5 out of 190 countries

Trading across Borders: 72 out of 190 countries

Enforcing Contracts: 20 out of 190 countries

Resolving Insolvency: 28 out of 190 countries
Global competitiveness ranking Ranking: 30 / Score: 70.9 (Mostly Free)

Index of Economic Freedom
Ranking: 30 / Score: 70.9 (Mostly Free)

(100=totally free 0=totally repressed)

Population & Geographic Data

Time Zone UTC+4

Total Area 2,040 sq km

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

*Estimate
Urban population as % of total population 1960: 33%
1980: 42%
2000: 43%
2015: 40%
Population median age 34.8 years (2016 estimate)

Population growth rate 0.61% (2016 estimate)

Life expectancy 75.6 years (2016 estimate)

% of population living on less than $3.10 a day 0.7% (2012)

Inequality of wealth distribution (Gini index)
35.8 (2012)

(0=perfect equality, 100=absolute inequality)
Freedom House rating Political Rights: 1
Civil Liberties: 2 (2017)

(1 represents the most free, 7 the least free rating)
Total telephone subscribers as % of population Fixed 30.31% Mobile 140.58% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)
Internet users as % of total population 50.14% (2015)

Language & Religon

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.)

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

(age 15 and over can read and write)
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.)

World Rankings

Population 1.26 M
Mercer Cost of living index Port Louis: 175th (2016)

C02 Emissions per capita 3.0 (2013)

Global Finance Rankings & Awards: Mauritius

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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