Mauritius Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Mauritius's domestic credit was 139.61% in 2023, ranked 44th globally. This represents a 1.0% decrease from 2022. Data from World Bank, covering 2022–2023.
Overview
Mauritius's domestic credit stood at 139.61% in 2023, a decline of +1.36% from 2022. Mauritius ranked 44th globally.
Mauritius’ domestic credit, measured as a share of GDP, slipped to 139.61 in 2023, ranking it 44th globally and marking the lowest point in the two‑year series after a modest peak of 140.96 in 2022. The decline of 1.35 percentage points reflects a tightening of credit conditions that contrasted with the broader regional environment, where Morocco posted a lower ratio of 136.38 while New Zealand’s more expansive credit stance stood at 158.15. The trough in 2023 suggests that Mauritian banks may have responded to higher interest rates or tighter risk appetites, curbing loan growth despite a historically robust financial sector. If monetary policy eases or fiscal incentives stimulate demand for financing, the domestic credit ratio could rebound toward its 2022 level; otherwise, the downward trajectory may persist, modestly reducing the credit‑to‑GDP ratio in the near term.
Data & projection
Detected Pattern
Analysis
Mauritius matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Mauritius's domestic credit was 139.61% in 2023. Ranked 44th globally. This represents a 1.0% decrease from the previous year.
Mauritius's domestic credit peaked at 140.96% in 2022.
The lowest domestic credit in Mauritius was 139.61% in 2023.
Mauritius ranks 44th globally in domestic credit as of 2023.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
The domestic credit of Mauritius in 2023 was 139.61%. This ranks 44th in the world.
Cite this page
@misc{historysaid_mauritius_domestic-credit,
title = {Mauritius Domestic Credit},
url = {https://historysaid.com/mauritius/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}