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Mauritius
Mauritius
HistorySaid – pattern
Mauritius matched the Fiscal Dominance Trap pattern in 2022. 5 pattern matches detected historically. View →
HistorySaid – ranking
Mauritius ranks 54th globally by GDP ($14.9B in 2024). View →
HistorySaid – inflation
Inflation in Mauritius fell from 7.1% (2023) to 3.6% (2024) – a 3.4pp shift. View →
HistorySaid – population
Mauritius has a population of 1.2 million as of 2024 (growth: -0.23%). View →
Economy & Growth
GDP $14.9B
GDP per Capita $11,991
GDP Growth 4.93%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Agriculture Value Added | 3.56% | 4.01% | 4.23% | 4.54% Trend | 4.84% Trend | 5.15% Trend | – | – | – |
| GDP | $12.9B | $14.1B | $14.9B | $15.7B IMF WEO Oct 2025 | $16.8B IMF WEO Oct 2025 | $17.8B IMF WEO Oct 2025 | $19.0B IMF WEO Oct 2025 | $20.2B IMF WEO Oct 2025 | $21.4B IMF WEO Oct 2025 |
| GDP Deflator | 8.52% | 6.13% | 3.73% | 6.46% Trend | 7.02% Trend | 7.58% Trend | – | – | – |
| GDP Growth | 8.69% | 5.01% | 4.93% | 3.20% IMF WEO Oct 2025 | 3.40% IMF WEO Oct 2025 | 3.40% IMF WEO Oct 2025 | 3.40% IMF WEO Oct 2025 | 3.40% IMF WEO Oct 2025 | 3.40% IMF WEO Oct 2025 |
| GDP PPP | $33.9B | $36.9B | $39.7B | $41.5B IMF WEO Oct 2025 | $43.7B IMF WEO Oct 2025 | $45.9B IMF WEO Oct 2025 | $48.3B IMF WEO Oct 2025 | $50.8B IMF WEO Oct 2025 | $53.5B IMF WEO Oct 2025 |
| GDP per Capita | $10,247 | $11,270 | $11,991 | $12,519 IMF WEO Oct 2025 | $13,362 IMF WEO Oct 2025 | $14,263 IMF WEO Oct 2025 | $15,213 IMF WEO Oct 2025 | $16,222 IMF WEO Oct 2025 | $17,288 IMF WEO Oct 2025 |
| GDP per Capita PPP | $26,874 | $29,561 | $31,840 | $33,024 IMF WEO Oct 2025 | $34,830 IMF WEO Oct 2025 | $36,695 IMF WEO Oct 2025 | $38,640 IMF WEO Oct 2025 | $40,776 IMF WEO Oct 2025 | $43,104 IMF WEO Oct 2025 |
| GNI | $14.4B | $15.8B | $16.5B | $17.7B Trend | $18.7B Trend | $19.8B Trend | – | – | – |
| GNI per Capita | $11,830 | $12,570 | $12,970 | $13,634 Trend | $14,244 Trend | $14,854 Trend | – | – | – |
| Gross Savings | 17.11% | 20.73% | 21.11% | 20.63% IMF WEO Oct 2025 | 20.64% IMF WEO Oct 2025 | 22.35% IMF WEO Oct 2025 | 23.14% IMF WEO Oct 2025 | 24.10% IMF WEO Oct 2025 | 24.98% IMF WEO Oct 2025 |
| Industry Value Added | 18.07% | 17.84% | 17.79% | 18.40% Trend | 18.66% Trend | 18.91% Trend | – | – | – |
| Services Value Added | 65.97% | 64.87% | 64.37% | 63.00% Trend | 61.93% Trend | 60.86% Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate 3.60%
Consumer Price Index 170.33
PPP Conversion Factor 17.48
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Consumer Price Index | 153.57 | 164.40 | 170.33 | 182.01 Trend | 192.00 Trend | 201.99 Trend | – | – | – |
| Inflation Rate | 10.77% | 7.05% | 3.60% | 3.91% IMF WEO Oct 2025 | 3.60% IMF WEO Oct 2025 | 3.50% IMF WEO Oct 2025 | 3.50% IMF WEO Oct 2025 | 3.50% IMF WEO Oct 2025 | 3.50% IMF WEO Oct 2025 |
| PPP Conversion Factor | 16.85 | 17.26 | 17.48 | 17.67 Trend | 17.90 Trend | 18.14 Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Population
Population 1.2M
Population Growth -0.23%
Population Density 625.3
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Birth Rate | 10.2 | – | – | 9.8 Trend | 9.7 Trend | – | – |
| Death Rate | 9.4 | – | – | 10.6 Trend | 10.9 Trend | – | – |
| Dependency Ratio | 39.02 | 39.54 | – | 39.65 Trend | 39.93 Trend | 40.21 Trend | – |
| Fertility Rate | 1.39 | – | – | 1.34 Trend | 1.32 Trend | – | – |
| Life Expectancy | 73.4 | – | – | 72.9 Trend | 72.6 Trend | – | – |
| Net Migration | -2,824 | -2,787 | -2,784 | – | -2,174 Trend | -1,862 Trend | -1,550 Trend |
| Population | 1.2M | 1.2M | – | 1.2M Trend | 1.2M Trend | 1.2M Trend | – |
| Population Density | 625.3 | – | – | 624.3 Trend | 622.3 Trend | – | – |
| Population Growth | -1.11% | -0.23% | – | -0.80% Trend | -0.96% Trend | -1.12% Trend | – |
| Refugee Population | – | – | – | – | – | – | – |
| Urban Population | 39.00% | 39.02% | – | 38.94% Trend | 38.91% Trend | 38.87% Trend | – |
Italic values are IMF World Economic Outlook projections.
Employment
Unemployment Rate 5.64%
Youth Unemployment 17.37%
Labor Force Participation 58.55%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Agriculture Employment | 5.07% | 4.89% | 4.71% | – | 4.55% Trend | 4.36% Trend | 4.18% Trend | – | – |
| Female Labor Participation | 47.64% | 47.45% | 47.46% | – | 50.75% Trend | 52.62% Trend | 54.49% Trend | – | – |
| Industry Employment | 21.16% | 20.98% | 20.62% | – | 20.09% Trend | 19.60% Trend | 19.12% Trend | – | – |
| Labor Force Participation | 59.00% | 58.66% | 58.55% | – | 61.38% Trend | 62.88% Trend | 64.39% Trend | – | – |
| Services Employment | 73.77% | 74.12% | 74.67% | – | 75.36% Trend | 76.03% Trend | 76.70% Trend | – | – |
| Unemployment Rate | 5.57% | 5.55% | 5.64% | 5.89% IMF WEO Oct 2025 | 5.90% IMF WEO Oct 2025 | 5.91% IMF WEO Oct 2025 | 5.91% IMF WEO Oct 2025 | 5.91% IMF WEO Oct 2025 | 5.91% IMF WEO Oct 2025 |
| Youth Unemployment | 16.45% | 16.50% | 17.37% | – | 13.06% Trend | 10.88% Trend | 8.70% Trend | – | – |
Italic values are IMF World Economic Outlook projections.
Government
Tax Revenue 20.53%
Government Spending 29.14%
Military Spending 0.15%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Budget Deficit | -3.15% | -4.48% | -7.20% | -2.56% IMF WEO Oct 2025 | -1.29% IMF WEO Oct 2025 | 0.64% IMF WEO Oct 2025 | 0.84% IMF WEO Oct 2025 | 1.41% IMF WEO Oct 2025 | 1.53% IMF WEO Oct 2025 |
| Education Spending | – | – | – | – | – | – | – | – | – |
| Government Debt to GDP | 81.80% | 81.45% | 87.92% | 88.13% IMF WEO Oct 2025 | 87.45% IMF WEO Oct 2025 | 84.18% IMF WEO Oct 2025 | 80.99% IMF WEO Oct 2025 | 77.94% IMF WEO Oct 2025 | 75.12% IMF WEO Oct 2025 |
| Government Revenue | 24.49% | 24.01% | 25.27% | 28.96% IMF WEO Oct 2025 | 29.28% IMF WEO Oct 2025 | 29.06% IMF WEO Oct 2025 | 29.02% IMF WEO Oct 2025 | 29.00% IMF WEO Oct 2025 | 28.82% IMF WEO Oct 2025 |
| Government Spending | 28.19% | 29.14% | – | 32.81% Trend | 33.83% Trend | – | – | – | – |
| Health Spending | 5.84% | 5.57% | – | 5.76% Trend | 5.71% Trend | – | – | – | – |
| Military Spending | 0.14% | 0.14% | 0.15% | 0.14% Trend | 0.13% Trend | 0.12% Trend | – | – | – |
| Tax Revenue | 19.04% | 20.59% | 20.53% | 20.56% Trend | 20.83% Trend | 21.11% Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Debt
External Debt $20.4B
External Debt to GNI 123.17%
Short-term Debt 54.78%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Debt Service | 4.36% | 8.45% | 8.48% | 1.43% Trend | -2.23% Trend | -5.88% Trend |
| Domestic Credit | 140.96% | 139.61% | – | – | – | – |
| External Debt | $17.7B | $19.1B | $20.4B | $22.9B Trend | $25.0B Trend | $27.0B Trend |
| External Debt to GNI | 124.12% | 123.59% | 123.17% | 133.12% Trend | 138.33% Trend | 143.55% Trend |
| Interest Payments to Revenue | 8.03% | 9.79% | 10.41% | 10.28% Trend | 10.59% Trend | 10.91% Trend |
| Short-term Debt | 47.24% | 49.50% | 54.78% | 52.77% Trend | 53.53% Trend | 54.29% Trend |
Italic values are IMF World Economic Outlook projections.
Money
Lending Rate 9.38%
Deposit Rate 4.14%
Real Interest Rate 5.44%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Credit to GDP | 72.37% | 69.89% | 69.87% | 60.55% Trend | 54.86% Trend | 49.17% Trend |
| Deposit Rate | 1.22% | 4.58% | 4.14% | 5.08% Trend | 5.95% Trend | 6.83% Trend |
| Lending Rate | 7.50% | 9.50% | 9.38% | 10.17% Trend | 10.87% Trend | 11.56% Trend |
| M2 Money Supply Growth | 5.26% | 7.27% | 12.66% | 7.18% Trend | 6.18% Trend | 5.17% Trend |
| Non-Performing Loans | 4.92% | 5.31% | – | 5.22% Trend | 5.16% Trend | – |
| Real Interest Rate | -0.94% | 3.17% | 5.44% | 3.53% Trend | 3.64% Trend | 3.74% Trend |
Italic values are IMF World Economic Outlook projections.
Currency
Exchange Rate 46.41
Foreign Reserves $8.5B
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Exchange Rate | 44.18 | 45.27 | 46.41 | 48.69 Trend | 50.47 Trend | 52.24 Trend |
| Foreign Reserves | $7.8B | $7.2B | $8.5B | $8.2B Trend | $8.3B Trend | $8.4B Trend |
| Real Effective Exchange Rate | – | – | – | – | – | – |
| Reserves in Months of Imports | 4.4 | 3.8 | 5.2 | 3.5 Trend | 2.8 Trend | 2.2 Trend |
Italic values are IMF World Economic Outlook projections.
Trade
Exports $6.6B
Imports $8.6B
Trade Balance $-1.7B
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Current Account Balance | -11.11% | -4.95% | -7.03% | -4.79% IMF WEO Oct 2025 | -5.69% IMF WEO Oct 2025 | -4.19% IMF WEO Oct 2025 | -3.42% IMF WEO Oct 2025 | -2.57% IMF WEO Oct 2025 | -1.74% IMF WEO Oct 2025 |
| Exports | $6.1B | $6.4B | $6.6B | $7.6B Trend | $8.4B Trend | $9.1B Trend | – | – | – |
| FDI Inflows | 4.22% | 5.40% | 4.56% | 6.19% Trend | 7.03% Trend | 7.87% Trend | – | – | – |
| FDI Outflows | 0.99% | 0.11% | 0.26% | 0.35% Trend | 0.32% Trend | 0.30% Trend | – | – | – |
| Imports | $8.1B | $8.0B | $8.6B | $9.8B Trend | $10.7B Trend | $11.6B Trend | – | – | – |
| Remittances Received | $273.8M | $315.4M | $286.9M | $300.8M Trend | $305.5M Trend | $310.3M Trend | – | – | – |
| Tourism Receipts | – | – | – | – | – | – | – | – | – |
| Trade Balance | $-1.8B | $-1.3B | $-1.7B | $-1.7B Trend | $-1.8B Trend | $-1.8B Trend | – | – | – |
| Trade Openness | 147.66% | 147.32% | 145.42% | 157.56% Trend | 163.63% Trend | 169.71% Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Financial Markets
Market Capitalization 61.09%
Stock Turnover Ratio 2.78%
Listed Companies 93
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Interest Rate Spread | 6.29% | 4.92% | 5.24% | 5.09% Trend | 4.91% Trend | 4.73% Trend |
| Listed Companies | 89 | 93 | 93 | 92 Trend | 93 Trend | 93 Trend |
| Market Capitalization | 66.23% | 60.41% | 61.09% | 63.33% Trend | 63.25% Trend | 63.17% Trend |
| Stock Turnover Ratio | 2.84% | 3.04% | 2.78% | 1.95% Trend | 1.46% Trend | 0.97% Trend |
Italic values are IMF World Economic Outlook projections.
Political Stability
Political Stability 0.78
Government Effectiveness 0.71
Regulatory Quality 1.06
▾
| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Control of Corruption | 0.44 | 0.42 | 0.45 | 0.58 Trend | 0.63 Trend |
| Government Effectiveness | 0.81 | 0.77 | 0.71 | 0.64 Trend | 0.61 Trend |
| Political Stability | 0.83 | 0.83 | 0.78 | 0.78 Trend | 0.77 Trend |
| Regulatory Quality | 1.16 | 1.17 | 1.06 | 1.15 Trend | 1.16 Trend |
| Rule of Law | 0.84 | 0.80 | 0.81 | 0.86 Trend | 0.87 Trend |
| Voice and Accountability | 0.67 | 0.61 | 0.62 | 0.52 Trend | 0.49 Trend |
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $616
Infant Mortality Rate 13.5
Maternal Mortality Ratio 66.00
▾
| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Health Expenditure per Capita | $594 | $591 | $616 | $598 Trend | $598 Trend |
| Hospital Beds | 3.75 | 3.77 | 3.80 | 3.88 Trend | 3.92 Trend |
| Infant Mortality Rate | 14.0 | 13.8 | 13.5 | 13.4 Trend | 13.3 Trend |
| Maternal Mortality Ratio | 80.00 | 61.00 | 66.00 | 66.80 Trend | 66.90 Trend |
| Physicians | – | 1.44 | – | 1.55 Trend | – |
Italic values are IMF World Economic Outlook projections.
Education
Literacy Rate 94.33%
Tertiary Enrollment 45.78%
Education Spending 4.09%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Education Spending | 4.84% | 4.57% | 4.09% | 4.32% Trend | 4.25% Trend | 4.19% Trend |
| Literacy Rate | – | 94.33% | – | 94.23% Trend | 94.38% Trend | – |
| Primary Enrollment | – | 110.91% | 107.35% | 113.14% Trend | 116.31% Trend | 119.49% Trend |
| Tertiary Enrollment | 44.20% | 43.34% | 45.78% | 45.72% Trend | 46.31% Trend | 46.89% Trend |
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 8.60%
▾
| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| CO2 Emissions | – | – | – | – | – |
| CO2 per Capita | – | – | – | – | – |
| Electricity Access | 99.60% | 100.00% | 100.00% | 100.02% Trend | 100.07% Trend |
| Energy Use per Capita | 1,072 | 1,096 | 1,167 | 1,136 Trend | 1,143 Trend |
| Forest Area | 19.43% | 19.45% | 19.47% | 19.51% Trend | 19.53% Trend |
| Renewable Energy | 8.60% | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 79.50%
Mobile Subscriptions 165.26
R&D Spending 0.23%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| High-tech Exports | 2.07% | 1.01% | 1.22% | 0.93% Trend | 0.78% Trend | 0.62% Trend |
| Internet Users | 75.50% | 79.50% | – | 88.54% Trend | 92.87% Trend | – |
| Mobile Subscriptions | 164.31 | 165.26 | – | 177.77 Trend | 183.32 Trend | – |
| Patent Applications | – | – | – | – | – | – |
| R&D Spending | 0.31% | 0.23% | – | 0.20% Trend | 0.16% Trend | – |
Italic values are IMF World Economic Outlook projections.
Inequality
Gini Index 36.8
Poverty Rate 0.50%
Income Share Top 10% 29.90%
▾
| Indicator | 2006 | 2012 | 2017 |
|---|---|---|---|
| Gini Index | 35.7 | 38.5 | 36.8 |
| Income Share Bottom 10% | 3.10% | 2.80% | 2.90% |
| Income Share Top 10% | 28.70% | 31.60% | 29.90% |
| Poverty Rate | 1.10% | 1.10% | 0.50% |
Italic values are IMF World Economic Outlook projections.