Economy of Mauritania
Population: 4.40 M (2018)
GDP per Capita: 1,189 USD (2018)
5,230 M.

GDP USD

(2018)

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2,360 M.

EXPORTS USD

(2018)

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3,990 M.

IMPORTS USD

(2018)

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75.89 %

PUBLIC DEBT

(2017)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 3.55 % (2018)
GDP of 2010 USD USD 5.90 B. (2018)
GDP Current USD USD 5.23 B. (2018)
GDP per Capita Current USD USD 1,189 (2018)
GDP per capita, PPP USD 3,683 (2018)
GDP per Capita, 2010 USD USD 1,334 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 21.95 % (2018)
Government Spending USD 1.15 B. (2018)
Government Debt % GDP 75.89 % (2017)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 138.95 (2018)
Trade Openness 121.31 % (2018)
Exports of Goods and Services % GDP 45.09 % (2018)
Exports Goods & Services USD 2.36 B. (2018)
Exports Annual Growth 1.63 % (2017)
Imports as % GDP 76.22 % (2018)
Total Imports USD 3.99 B. (2018)
Foreign Direct Investment % GDP 1.35 % (2018)
Foreign Direct Investment USD 0.07 B. (2018)
Current Account Balance % GDP USD -18.58 % (2018)
Current Account Balance USD -0.97 B. (2018)
Trade Balance % GDP -31.13 % (2018)
Trade Balance USD -1.22 B. (2018)
Foreign Exchange Reserves incl Gold USD 0.93 B. (2018)
Remittances % GDP 1.57 % (2017)
Remittances USD 60 M. (2018)
Balance of Payments USD 160 M. (2018)

Labor Market

Indicator Value
Labor Force 1.26 M. (2019)
Unemployment Rate 10.32 % (2019)
Unemployment Rate Females 12.11 % (2019)
Unemployment Rate Males 8.37 % (2019)
Youth Unemployment (ages 15-24) 16.01 % (2019)
Labor Force Participation Rate 46.25 % (2019)
Labor Force (Percent Female) 31.57 % (2019)
Female Labor Force Participation Rate 29.22 % (2019)
Male Labor Force Participation Rate 63.17 % (2019)
Dependent People 76.13 % (2018)

Agriculture Sector

Indicator Value
Forest Area 0.20 % (2016)
Forest Area km² 2,210 km² (2016)
Agricultural Land 38.53 % (2016)
Agricultural Land km² 397,110 km² (2016)
Employment 54.98 % (2019)
Value added % GDP 25.92 % (2018)
Agriculture Value added USD 1.36 B. (2018)
Crop Production Index 172.90 (2016)
Precipitation 92 mm (2014)
Arable Land 0 % (2016)
Cereal Yield 1,371 kg/hectare (2017)
Food production index 120 (2016)
Rural Population 46 % (2018)
Fertilizer use of Arable Land 120 (2016)
Livestock Production Index 113 (2016)
Economy of Mauritania

According to the World Bank and its latest published data, the economy of the Mauritania presents a growth rate of 3.55 % (2018) to the previous year.

With a population that reaches 4.40 M (2018) and a gross domestic product of USD 5.23 B. (2018), it translates a Gross Domestic Product per Capita of USD 1,189 placing its inhabitants on the threshold of an Lower middle income country (according to the World Bank's updated classification).

Mauritania also has a workforce of 1.26 M. (2019) with an unemployment rate of 10.32 % (2019), where women represent 12.11 % (2019) and men 8.37 % (2019), the unemployment rate for young people between 15-24 years old stood at 16.01 % (2019). The total number of dependent people stands at 76.13 % (2018).

The central government spent 21.95 % (2018) of its gross domestic product that year, which in absolute terms is USD 1.15 B. (2018). Its consolidated public debt reached 75.89 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Mauritania exported USD 2.36 B. (2018), which represents 45.09 % (2018) of its gross domestic product, in that same sense its imports reached USD 3.99 B. (2018) with a direct foreign investment of USD 0.07 B. (2018).

Mauritania has a forest area of 2,210 km² (2016), which represents 0.20 % (2016) of its total area, an average rainfall of 92 mm (2014) per year and a population of 46 % (2018) living in rural areas. With a total area of 397,110 km² (2016) available for agriculture and 54.98 % (2019) of its employments, the agricultural sector contributes to the economy of the Mauritania about USD 1.36 B. (2018) (25.92 % (2018) of its GDP).