Economy - overview:
Since independence in 1968, Mauritius has developed from a low-income, agriculturally based economy to a middle-income diversified economy with growing industrial, financial, and tourist sectors. For most of this period, annual growth has been on the order of 5% to 6%. This achievement has been reflected in more equitable income distribution, increased life expectancy, lowered infant mortality, and a much-improved infrastructure. The economy rests on sugar, tourism, textiles and apparel, and financial services, and is expanding into fish processing, information and communications technology, and hospitality and property development. Sugarcane is grown on about 90% of the cultivated land area and accounts for 15% of export earnings. The government's development strategy centers on creating vertical and horizontal clusters of development in these sectors. Mauritius has attracted more than 32,000 offshore entities, many aimed at commerce in India, South Africa, and China. Investment in the banking sector alone has reached over $1 billion. Mauritius, with its strong textile sector, has been well poised to take advantage of the Africa Growth and Opportunity Act (AGOA). Mauritius' sound economic policies and prudent banking practices helped to mitigate negative effects of the global financial crisis in 2008-09. GDP grew in the 3-4% per year range in 2010-12, and the country continues to expand its trade and investment outreach around the globe.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): Gross national saving: GDP - composition, by end use: GDP - composition, by sector of origin: Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Fiscal year: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
NOTE: 1) The information regarding Mauritius on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Mauritius Economy 2014 information contained here. All suggestions for corrections of any errors about Mauritius Economy 2014 should be addressed to the CIA.
$19.98 billion (2012 est.)
country comparison to the world: 131
note:
data are in 2012 US dollars
[see also: GDP country ranks ]
$11.31 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]
3.3% (2012 est.)
country comparison to the world: 103
[see also: GDP - real growth rate country ranks ]
$15,400 (2012 est.)
country comparison to the world: 87
note:
data are in 2012 US dollars
[see also: GDP - per capita country ranks ]
32% of GDP (2012 est.)
country comparison to the world: 18
[see also: Gross national saving country ranks ]
household consumption: 74%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption:
13.4%
investment in fixed capital:
23%
investment in inventories:
1.5%
exports of goods and services:
54.8%
imports of goods and services:
-66.7%
agriculture: 4.5%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry:
22.7%
services:
72.8% (2012 est.)
sugarcane, tea, corn, potatoes, bananas, pulses; cattle, goats; fish
food processing (largely sugar milling), textiles, clothing, mining, chemicals, metal products, transport equipment, nonelectrical machinery, tourism
0.8% (2012 est.)
country comparison to the world: 125
[see also: Industrial production growth rate country ranks ]
626,900 (2012 est.)
country comparison to the world: 155
[see also: Labor force country ranks ]
agriculture and fishing: 9%
construction and industry:
30%
transportation and communication:
7%
trade, restaurants, hotels:
22%
finance:
6%
other services:
25% (2007)
8.1% (2012 est.)
country comparison to the world: 95
[see also: Unemployment rate country ranks ]
8% (2006 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
NA%
39 (2006 est.)
country comparison to the world: 68
[see also: Distribution of family income - Gini index country ranks ]
revenues: $2.456 billion
[see also: Budget revenues country ranks ]
expenditures:
$2.664 billion (2012 est.)
21.7% of GDP (2012 est.)
country comparison to the world: 155
[see also: Taxes and other revenues country ranks ]
-1.8% of GDP (2012 est.)
country comparison to the world: 82
[see also: Budget surplus (+) or deficit (-) country ranks ]
57.7% of GDP (2012 est.)
country comparison to the world: 50
[see also: Public debt country ranks ]
1 July - 30 June
3.9% (2012 est.)
country comparison to the world: 119
[see also: Inflation rate (consumer prices) country ranks ]
9% (31 December 2010 est.)
[see also: Central bank discount rate country ranks ]
8.67% (31 December 2012 est.)
country comparison to the world: 103
[see also: Commercial bank prime lending rate country ranks ]
$2.378 billion (31 December 2012 est.)
country comparison to the world: 122
[see also: Stock of narrow money country ranks ]
$26.17 billion (31 December 2012 est.)
country comparison to the world: 80
[see also: Stock of broad money country ranks ]
$12.87 billion (31 December 2012 est.)
country comparison to the world: 91
[see also: Stock of domestic credit country ranks ]
$6.54 billion (31 December 2011)
country comparison to the world: 80
[see also: Market value of publicly traded shares country ranks ]
$-1.175 billion (2012 est.)
country comparison to the world: 119
[see also: Current account balance country ranks ]
$2.673 billion (2012 est.)
country comparison to the world: 134
[see also: Exports country ranks ]
clothing and textiles, sugar, cut flowers, molasses, fish
UK 19.3%, France 16.4%, US 9.9%, South Africa 9.8%, Spain 7.5%, Italy 6.9%, Madagascar 6.8% (2012)
$5.104 billion (2012 est.)
country comparison to the world: 129
[see also: Imports country ranks ]
manufactured goods, capital equipment, foodstuffs, petroleum products, chemicals
India 23.1%, China 16%, France 8.5%, South Africa 6.5% (2012)
$3.046 billion (31 December 2012 est.)
country comparison to the world: 108
[see also: Reserves of foreign exchange and gold country ranks ]
$2.606 billion (31 December 2012 est.)
country comparison to the world: 140
[see also: Debt - external country ranks ]
NA
[see also: Stock of direct foreign investment - at home country ranks ]
NA
[see also: Stock of direct foreign investment - abroad country ranks ]
Mauritian rupees (MUR) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 06-Nov-14