Economy of Mauritius
Population: 1.27 M (2018)
GDP per Capita: 11,239 USD (2018)
14,220 M.

GDP USD

(2018)

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5,780 M.

EXPORTS USD

(2018)

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7,710 M.

IMPORTS USD

(2018)

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64.60 %

PUBLIC DEBT

(2019)

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

GDP and Economic Growth

Indicator Value
Economic Growth 3.77 % (2018)
GDP of 2010 USD USD 13.40 B. (2018)
GDP Current USD USD 14.22 B. (2018)
GDP per Capita Current USD USD 11,239 (2018)
GDP per capita, PPP USD 21,075 (2018)
GDP per Capita, 2010 USD USD 10,579 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 15.28 % (2018)
Government Spending USD 2.17 B. (2018)
Government Debt % GDP 64.60 % (2019)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 112.20 (2018)
Trade Openness 94.85 % (2018)
Exports of Goods and Services % GDP 40.66 % (2018)
Exports Goods & Services USD 5.78 B. (2018)
Exports Annual Growth 1.85 % (2015)
Imports as % GDP 54.19 % (2018)
Total Imports USD 7.71 B. (2018)
Foreign Direct Investment % GDP 2.61 % (2018)
Foreign Direct Investment USD 0.37 B. (2018)
Current Account Balance % GDP USD -5.73 % (2018)
Current Account Balance USD -0.82 B. (2018)
Trade Balance % GDP -13.52 % (2018)
Trade Balance USD -2.01 B. (2018)
Foreign Exchange Reserves incl Gold USD 6.35 B. (2018)
Remittances % GDP 1.72 % (2018)
Remittances USD 243 M. (2018)
Balance of Payments USD 147 M. (2017)

Labor Market

Indicator Value
Labor Force 0.61 M. (2019)
Unemployment Rate 6.87 % (2019)
Unemployment Rate Females 10.00 % (2019)
Unemployment Rate Males 4.51 % (2019)
Youth Unemployment (ages 15-24) 23.65 % (2019)
Labor Force Participation Rate 57.94 % (2019)
Labor Force (Percent Female) 39.42 % (2019)
Female Labor Force Participation Rate 44.94 % (2019)
Male Labor Force Participation Rate 71.44 % (2019)
Dependent People 41.38 % (2018)

Agriculture Sector

Indicator Value
Forest Area 19.00 % (2016)
Forest Area km² 386 km² (2016)
Agricultural Land 42.36 % (2016)
Agricultural Land km² 860 km² (2016)
Employment 6.98 % (2019)
Value added % GDP 2.78 % (2018)
Agriculture Value added USD 0.39 B. (2018)
Crop Production Index 79.50 (2016)
Precipitation 2,041 mm (2014)
Arable Land 37 % (2016)
Cereal Yield 5,235 kg/hectare (2017)
Food production index 92 (2016)
Rural Population 59 % (2018)
Fertilizer use of Arable Land 235 kg/hectare (2016)
Livestock Production Index 129 (2016)
Economy of Mauritius

According to the World Bank and its latest published data, the economy of the Mauritius presents a growth rate of 3.77 % (2018) to the previous year.

With a population that reaches 1.27 M (2018) and a gross domestic product of USD 14.22 B. (2018), it translates a Gross Domestic Product per Capita of USD 11,239 placing its inhabitants on the threshold of an Upper middle income country (according to the World Bank's updated classification).

Mauritius also has a workforce of 0.61 M. (2019) with an unemployment rate of 6.87 % (2019), where women represent 10.00 % (2019) and men 4.51 % (2019), the unemployment rate for young people between 15-24 years old stood at 23.65 % (2019). The total number of dependent people stands at 41.38 % (2018).

The central government spent 15.28 % (2018) of its gross domestic product that year, which in absolute terms is USD 2.17 B. (2018). Its consolidated public debt reached 64.60 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Mauritius exported USD 5.78 B. (2018), which represents 40.66 % (2018) of its gross domestic product, in that same sense its imports reached USD 7.71 B. (2018) with a direct foreign investment of USD 0.37 B. (2018).

Mauritius has a forest area of 386 km² (2016), which represents 19.00 % (2016) of its total area, an average rainfall of 2,041 mm (2014) per year and a population of 59 % (2018) living in rural areas. With a total area of 860 km² (2016) available for agriculture and 6.98 % (2019) of its employments, the agricultural sector contributes to the economy of the Mauritius about USD 0.39 B. (2018) (2.78 % (2018) of its GDP).