Mauritius Economy
| Main Economic indicators | Unit | 2019 | 2020 | 2021b | 2022a | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| GDP (market prices) | Rs bn | 512.1 | 448.9 | 478.8 | 570.8 | 641.3 |
698.5 |
| Per capita GDP (market prices) | US $ | 404.5 | 354.6 | 378.1 | 451.7 | 508.6 |
554.6 |
| GDP growth (basic prices) | % | +2.9 | -14.5 | +3.4 | +8.9 | +5.6 |
+5.1 |
| Headline inflation | Dec, % | 0.5 | 2.5 | 4.0 | 10.8 | 7.0 | - |
| Unemployment rate | Average, % | 6.7 | 9.2 | 9.1 | 7.7 | -6.3 | - |
Source : Statistics Mauritius, Ministry of Finance and Economic Development. *First Quarter
Foreign direct investment by sector, Rs million
*First Three Quarters of 2021 and 2023
| 2018 | 2019 | 2020 | 20212 | 20222 | 20232 | |
|---|---|---|---|---|---|---|
| Construction | 223 | 15 | 3 | 2 | 35 | 8 |
| Accommodation & food service activities | 1,365 | 70 | 192 | 944 | 1,095 | 2,477 |
| Financial and insurance activities | 4,277 | 534 | 607 | 46 | 25 | 102 |
| Real estate activities | 9,066 | 16,148 | 8,531 | 5,549 | 9,965 | 15,849 |
| of which IRS/RES | 8,064 | 14,030 | 6,308 | 3,794 | 7,510 | 10,237 |
| Other | ||||||
| Total | 22,995 | 30,797 | 15,641 | 10,335 | 18,630 | 28,673 |
Source : Bank of Mauritius.*First Quarter
Direct investment abroad by sector (excluding GBC1s)
| 2018 | 2019 | 2020 | 2021 | 20222 | 20232 | |
|---|---|---|---|---|---|---|
| Manufacturing | 56 | 362 | 1645 | 256 | 123 | 63 |
| Accommodation & food service activities | 1,365 | 1,498 | 192 | 73 | 37 | 20 |
| Financial and insurance activities | 4,277 | 534 | 607 | 38 | 9 | 4 |
| Real estate activities | 9,066 | 16,148 | 8,531 | 279 | 776 | 284 |
| Other | ||||||
| Total | 14,764 | 18,542 | 10,975 | 646 | 945 | 371 |
Source : Bank of Mauritius.
Imports from and exports to Mauritius
| Country of origin (Rs million) / U.S. Imports To Mauritius | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| France | 422.625.01 | 464,931.22 | 392,907.04 | 306.385.90 | 345.184.91 | 619.030.508.60 |
| United Kingdom | 111.028.24 | 125,417.69 | 169,413.79 | 82.903.42 | 80.471.02 | 458.374.714.89 |
| United Arab Emirates | 112.485.30 | 193,662.33 | 407,625.08 | 518.898.75 | 443.422.61 | 348.553.236.22 |
| United States | 125.463.24 | 137,993.66 | 116,105.84 | 69.514.39 | 119.084.37 | 2.025.180.359.19 |
| South Africa | 448.553.84 | 523,123.11 | 452,291.35 | 323.671.90 | 411.896.83 | 165.790.749.54 |
| Country of origin (Rs million) / U.S. Exports To Mauritius | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| France | 332.715.09 | 278,203.16 | 237,285.19 | 175.403.14 | 226.148.85 | 747,525,688.54 |
| United Kingdom | 249.533.60 | 224,219.33 | 208,750.92 | 154.827.44 | 152.742.41 | 703,334,826.49 |
| United Arab Emirates | 21.377.96 | 15,290.37 | 6,547.56 | 5.834.84 | 24.301.99 | 264,799,490.21 |
| United States | 235.424.26 | 237,622.24 | 201,782.84 | 149.237.82 | 135.468.14 | 3,126,142,606,33 |
| South Africa | 179.851.79 | 218,137.72 | 195,976.21 | 182.843.87 | 232.251.38 | 106,835,768.05 |