Mauritius Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Mauritius's credit to gdp was 60.55% in 2025, ranked 46th globally. This represents a 13.3% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Mauritius's credit to gdp stood at 60.55% in 2025, a decline of +9.32% from 2024. Based on recent trends, this figure is projected to reach 60.55% by 2025. Mauritius ranked 46th globally.
Mauritius’ credit‑to‑GDP ratio has risen steadily since the earliest record in 1960, when it stood at 20.02, reaching an all‑time trough of 11.53 in 1963 before expanding to a peak of 103.70 in 2013. By 2025 the ratio had settled at 60.55, placing the island nation 46th in global rankings and closely aligning with peers such as Georgia (61.20) and El Salvador (61.22). The long‑term upward trajectory reflects successive phases of financial deepening, infrastructure investment and diversification of the services sector, while the post‑2013 decline suggests a modest pull‑back in borrowing relative to output. Over the 66‑year coverage period, the ratio’s movement mirrors broader trends in emerging market credit expansion, tempered by periodic fiscal consolidation. Continued reforms to improve fiscal prudence and broaden domestic capital markets could sustain a gradual increase in credit‑to‑GDP, whereas heightened external shocks or debt‑service constraints might reverse the current modestly positive trend.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 49.17% | - | - |
| 2026* trend | 54.86% | - | - |
| 2025* trend | 60.55% | - | - |
| 2025 | 60.55% | −9.32% | #46 |
| 2024 | 69.87% | −0.03% | #93 |
| 2023 | 69.89% | −2.47% | #113 |
| 2022 | 72.37% | −13.04% | #123 |
| 2021 | 85.41% | −5.15% | #131 |
| 2020 | 90.56% | +13.59% | #135 |
| 2019 | 76.97% | +2.77% | #135 |
| 2018 | 74.20% | −23.48% | #133 |
| 2017 | 97.68% | +5.37% | #147 |
| 2016 | 92.31% | −6.44% | #148 |
| 2015 | 98.75% | +3.16% | #152 |
| 2014 | 95.58% | −8.12% | #152 |
| 2013 | 103.70% | +6.22% | #153 |
| 2012 | 97.48% | +9.39% | #149 |
| 2011 | 88.09% | +3.92% | #141 |
Detected Pattern
Analysis
Mauritius matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Mauritius's credit to gdp was 60.55% in 2025. Ranked 46th globally. This represents a 13.3% decrease from the previous year.
Mauritius's credit to gdp peaked at 103.70% in 2013.
The lowest credit to gdp in Mauritius was 11.53% in 1963.
Mauritius ranks 46th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Mauritius's credit to gdp is projected to reach 60.55% by 2025 based on trend extrapolation.
The credit to gdp of Mauritius in 2025 was 60.55%. This ranks 46th in the world.
Cite this page
@misc{historysaid_mauritius_credit-to-gdp,
title = {Mauritius Credit to GDP},
url = {https://historysaid.com/mauritius/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}