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Economy of Mauritania vs Russia compared: GDP & Debt

Updated on by Georank team

Mauritania has a GDP of $10.9B compared to $2.17T for Russia, ranking 153/197 and 11/197 by economy size, respectively.

Mauritania has $4.67B in government debt (42.8% of GDP), compared to $440B (20.3% of GDP) in Russia.

Mauritania vs Russia GDP by year

Mauritania
Russia
1x
Year GDP, current $
Mauritania Russia
2024 $10,908,045,687 $2,173,835,806,672
2023 $10,726,838,461 $2,071,505,725,031
2022 $9,557,966,698 $2,291,612,121,335
2021 $9,222,536,364 $1,829,186,719,575
2020 $8,260,752,385 $1,493,075,894,362
2019 $7,894,764,886 $1,693,115,002,708
2018 $7,473,550,557 $1,657,328,773,461
2017 $6,800,135,898 $1,574,199,360,089
2016 $6,398,747,592 $1,276,786,350,881
2015 $6,166,863,897 $1,363,482,182,198
2014 $6,592,537,782 $2,059,241,589,895
2013 $7,223,071,097 $2,292,470,078,346
2012 $6,728,208,836 $2,208,293,553,878
2011 $6,764,627,746 $2,045,922,753,398
2010 $5,628,878,798 $1,524,916,715,224
2009 $4,714,595,548 $1,222,645,900,056
2008 $5,206,437,194 $1,660,848,058,303
2007 $4,346,212,355 $1,299,703,478,482
2006 $3,919,577,286 $989,932,071,353
2005 $2,936,019,526 $764,015,973,481
2004 $2,362,501,023 $591,016,690,732
2003 $2,051,147,607 $430,347,420,185
2002 $1,777,057,481 $345,470,494,418
2001 $1,746,063,558 $306,602,070,621
2000 $1,779,520,886 $259,710,142,197
1999 $1,985,922,776 $195,907,128,351
1998 $2,032,347,665 $270,955,486,862
1997 $2,071,996,564 $404,928,954,192
1996 $2,132,087,009 $391,724,890,744
1995 $2,091,726,101 $395,537,185,735
1994 $1,944,876,755 $395,077,301,248
1993 $1,847,353,211 $435,083,713,851
1992 $2,164,298,425 $460,290,556,901
1991 $2,133,692,697 $517,962,962,963
1990 $1,506,914,408 $517,014,446,228
1989 $1,450,647,019 $506,631,299,735
1988 $1,414,951,290 $554,828,660,436
1987 $1,344,664,725 -
1986 $1,186,628,778 -
1985 $1,009,723,326 -
1984 $1,074,373,230 -
1983 $1,165,171,263 -
1982 $1,108,776,653 -
1981 $1,105,494,682 -
1980 $1,047,925,106 -
1979 $951,900,945 -
1978 $804,629,877 -
1977 $799,030,017 -
1976 $775,045,517 -
1975 $703,377,837 -
1974 $613,010,553 -
1973 $493,237,876 -
1972 $391,669,449 -
1971 $335,568,907 -
1970 $309,405,316 -
1969 $295,062,308 -
1968 $311,395,937 -
1967 $282,615,310 -
1966 $266,533,605 -
1965 $255,340,475 -
1964 $224,495,744 -
1963 $168,186,297 -
1962 $164,271,558 -
1961 $159,213,430 -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritania/russia | CC BY

GDP per capita in Mauritania vs Russia by year

Mauritania
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mauritania Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,110 $7,369 $15,145 $47,405
2023 $2,136 $6,966 $14,403 $44,269
2022 $1,960 $6,485 $15,888 $40,939
2021 $1,948 $5,837 $12,637 $38,638
2020 $1,796 $5,741 $10,280 $31,491
2019 $1,767 $5,610 $11,640 $30,964
2018 $1,723 $5,429 $11,399 $28,629
2017 $1,615 $5,353 $10,835 $25,778
2016 $1,566 $4,683 $8,804 $24,012
2015 $1,555 $3,978 $9,427 $23,994
2014 $1,713 $3,865 $14,277 $25,688
2013 $1,934 $3,831 $15,941 $26,020
2012 $1,859 $3,465 $15,402 $24,274
2011 $1,931 $3,271 $14,305 $22,790
2010 $1,660 $3,178 $10,675 $20,490
2009 $1,435 $3,159 $8,563 $19,390
2008 $1,636 $3,236 $11,635 $20,164
2007 $1,405 $3,278 $9,101 $16,648
2006 $1,301 $3,342 $6,920 $14,912
2005 $999 $2,809 $5,323 $11,822
2004 $824 $2,570 $4,102 $10,227
2003 $732 $2,447 $2,975 $9,255
2002 $649 $2,296 $2,378 $8,037
2001 $652 $2,280 $2,100 $7,361
2000 $681 $2,304 $1,772 $6,825
1999 $781 $2,411 $1,331 $5,914
1998 $821 $2,355 $1,835 $5,465
1997 $859 $2,325 $2,738 $5,700
1996 $904 $2,436 $2,644 $5,518
1995 $905 $2,306 $2,666 $5,613
1994 $865 $2,114 $2,662 $5,734
1993 $850 $2,209 $2,931 $6,420
1992 $1,036 $2,122 $3,099 $6,862
1991 $1,062 $2,116 $3,490 $7,858
1990 $772 $2,070 $3,494 $8,028
1989 $762 - $3,430 -
1988 $762 - $3,778 -
1987 $746 - - -
1986 $677 - - -
1985 $593 - - -
1984 $650 - - -
1983 $725 - - -
1982 $710 - - -
1981 $729 - - -
1980 $711 - - -
1979 $664 - - -
1978 $578 - - -
1977 $590 - - -
1976 $589 - - -
1975 $551 - - -
1974 $494 - - -
1973 $410 - - -
1972 $335 - - -
1971 $296 - - -
1970 $281.3 - - -
1969 $276.6 - - -
1968 $301 - - -
1967 $281.5 - - -
1966 $273.6 - - -
1965 $270 - - -
1964 $244.3 - - -
1963 $188.2 - - -
1962 $189 - - -
1961 $188.2 - - -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritania/russia | CC BY

Mauritania's GDP per capita is $2,110, ranking 156/197, compared to $15,145 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Mauritania ranks 147th at $7,369, while Russia ranks 50th at $47,405.

Economic indicators

Mauritania Russia
Gross domestic product
$10.9B
2024
$2.17T
2024
GDP rank
153/197
2024
11/197
2024
GDP growth
6.31%
2023-2024
4.34%
2023-2024
GDP per capita
$2,110
2024
$15,145
2024
GDP per capita rank
156/197
2024
68/197
2024
GDP per capita, PPP
$7,369
2024
$47,405
2024
GDP per capita PPP rank
147/197
2024
50/197
2024
Government debt
$4.67B
2024
$440B
2024
Debt-to-GDP ratio
42.8%
2024
20.3%
2024
Government debt per person
$904
2024
$3,067
2024
Government debt per person rank
145/185
2024
98/185
2024
Average annual personal income after taxes
$2,078
2026
$10,464
2026
Market capitalization of domestic companies n/a
$650B
2023
Number of millionaires n/a
426,000
2025
Number of billionaires n/a
140
2025
Income share by richest 10%
24.6%
2019
25.1%
2023
Income share by poorest 10%
3.1%
2019
3.1%
2023
Government expenditure, % of GDP
23.6%
2024
36.9%
2024
Consumer prices inflation
2.49%
2023-2024
8.4%
2023-2024
Central bank interest rate n/a
16%
2025
Unemployment rate
10.4%
2019
2.43%
2024
Population
5505206
141906741

Spending and national debt comparison by year

Mauritania
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Mauritania Russia
Government spending Government debt Government spending Government debt
2024 23.6% 42.8% 36.9% 20.3%
2023 24.8% 47.1% 35.7% 19.5%
2022 28.7% 50.5% 35.2% 18.5%
2021 20.8% 54.5% 34.9% 16.5%
2020 18.5% 56.5% 39.2% 19.2%
2019 17.8% 57.7% 33.8% 13.7%
2018 19% 59.2% 32.6% 13.6%
2017 20.3% 55.7% 34.8% 14.3%
2016 20.8% 57.6% 36.6% 14.8%
2015 25.7% 59.9% 35.3% 15.3%
2014 23.9% 49.5% 34.9% 15.1%
2013 20.1% 40.7% 34.7% 12.3%
2012 21.5% 39.3% 34% 11.2%
2011 17% 38.8% 33.3% 10.3%
2010 17.3% 43.9% 35.5% 10.1%
2009 19.6% 54.3% 38.6% 9.92%
2008 19.8% 57.2% 32% 7.45%
2007 19.7% 61.5% 31.9% 8.03%
2006 19% 38% 29% 9.8%
2005 21.3% 71.1% 29.5% 14.9%
2004 23.9% 22% 29.6% 20.8%
2003 - 22.9% 32.6% 28.3%
2002 - 59.5% 33.8% 37.6%
2001 - 63.5% 31.5% 44.4%
2000 - 55.5% 30.7% 55.9%
1999 - - 34.3% 92.4%
1998 - - 39.7% 135.2%
1997 - - - 51.5%
1996 - - - 51.9%
1995 - - - 53.7%
1994 - - - 63.5%
1993 - - - 92.4%
1992 - - - 116%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1996, retrieved 2026-02-20).

GeoRank.org/economy/mauritania/russia | CC BY

In 2024, Mauritania's government spending was $2.57B, accounting for 23.6% of its GDP, while Russia spent $802B, or 36.9% of GDP.

Debt-to-GDP ratio is 42.8% in Mauritania and 20.3% in Russia, ranking 126/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Mauritania

Russia
1x
Year Deficit/surplus, % of GDP
Mauritania Russia
2024 -1.35% -1.6%
2023 -2.45% -2.22%
2022 -3.09% -1.34%
2021 2.6% 0.78%
2020 2.78% -3.99%
2019 2.65% 1.93%
2018 3.23% 2.92%
2017 0.53% -1.47%
2016 0.13% -3.67%
2015 -2.44% -3.39%
2014 -2.64% -1.07%
2013 -0.66% -1.16%
2012 1.67% 0.38%
2011 0.07% 1.43%
2010 -0.45% -3.19%
2009 -3.59% -5.89%
2008 -3.32% 4.55%
2007 -1.38% 5.59%
2006 2.05% 7.8%
2005 -3.16% 7.6%
2004 -3.06% 4.57%
2003 - 1.35%
2002 - 0.67%
2001 - 2.99%
2000 - 3.11%
1999 - -3.59%
1998 - -7.42%
1997 - -
1996 - -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - 0.15%
1939 - 0.12%
1938 - 0.16%
1937 - 0.12%
1936 - 0.1%
1935 - 0.07%
1934 - 0.25%
1933 - 0.58%
1932 - 0.06%
1931 - -1.12%
1930 - -1.62%
1929 - -0.4%
1928 - -0.4%
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - 0.69%
1911 - 1.26%
1910 - 1.52%
1909 - -0.15%
1908 - -0.83%
1907 - -0.86%
1906 - -3.19%
1905 - -7.72%
1904 - -5.13%
1903 - 1.04%
1902 - -1.57%
1901 - 0.14%
1900 - -0.36%
1899 - 0.66%
1898 - 0.03%
1897 - 0.34%
1896 - 1.3%
1895 - 0.7%
1894 - 1.43%
1893 - 0.63%
1892 - -1.16%
1891 - -0.97%
1890 - 0.01%
1889 - 1.34%
1888 - 0.88%
1887 - 0.14%
1886 - -0.84%
1885 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-02-20).

GeoRank.org/economy/mauritania/russia | CC BY

In 2024, Mauritania's government deficit, the difference between spending and revenue, was $148M, equivalent to 1.35% of GDP. This compares to Russia's deficit of $34.9B, or 1.6% of GDP.

Over the past 21 years, Mauritania recorded a fiscal deficit in 12 of those years, while Russia ran a deficit in 11 years. On average, Mauritania posted an annual deficit equal to 0.57% of GDP, compared to surplus of 0.41% of GDP for Russia.

Inflation comparison by year

Inflation
Mauritania

Russia
1x
Year Consumer prices inflation
Mauritania Russia
2024 2.49% 8.4%
2023 4.95% 5.9%
2022 9.53% 13.7%
2021 3.57% 6.7%
2020 2.39% 3.4%
2019 2.3% 4.5%
2018 3.07% 2.9%
2017 2.25% 3.7%
2016 1.47% 7%
2015 3.25% 15.5%
2014 3.53% 7.8%
2013 4.13% 6.8%
2012 4.9% 5.1%
2011 5.69% 8.4%
2010 6.28% 6.8%
2009 2.22% 11.6%
2008 7.35% 14.1%
2007 7.25% 9%
2006 6.24% 9.7%
2005 12.1% 12.7%
2004 10.4% 10.9%
2003 5.15% 13.7%
2002 3.9% 15.8%
2001 4.71% 21.5%
2000 3.25% 20.8%
1999 4.07% 85.7%
1998 8.03% 27.7%
1997 4.63% 14.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritania/russia | CC BY

Over the past 28 years, Mauritania has recorded an average annual inflation rate of 4.97%, compared with 13.4% in Russia. In 2024, inflation was 2.49% in Mauritania and 8.4% in Russia.

Top exports between countries

Mauritania
Export category Export value
Raw materials & minerals $729K
Processed food, beverages & tobacco $432K
Animal & marine products $144K
Metals $1K
Russia
Export category Export value
Raw agricultural goods $7.51M
Raw materials & minerals $5.54M
IT & IP services $2.22M
Wood & paper products $1.08M
Chemicals & pharma $679K
Processed food, beverages & tobacco $617K
Metals $193K
Textiles & consumer goods $112K
Business & finance services $71K
Machinery & equipment $65K

Balance of trade

Mauritania Russia
Current account balance
-$1.04B
2024
$63.4B
2024
Current account balance ranking
124/190
2024
12/190
2024
Current account balance, % of GDP
-9.53%
2024
+2.91%
2024
Goods imports
$4.32B
2024
$302B
2024
Goods exports
$3.83B
2024
$434B
2024
Service imports
$1.05B
2024
$81.5B
2024
Service exports
$230M
2024
$43.1B
2024
Imports of goods and services, % of GDP
52.2%
2024
17.6%
2024
Exports of goods and services, % of GDP
41.4%
2024
21.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Mauritania Russia
Economic freedom 53.9 50.3
Economic freedom ranking 136/197 161/197
Property rights 32.6 18.6
Government integrity 24.5 22.8
Judicial effectiveness 26.4 22.8
Tax burden 75.5 81.9
Government spending 80.2 61.3
Fiscal health 87.9 94.4
Business freedom 38.7 51.4
Labor freedom 53.6 59.1
Monetary freedom 77.8 61.8
Trade freedom 59.6 69.4
Investment freedom 50 30
Financial freedom 40 30

Economic freedom comparison by year

Mauritania
Russia
1x
Year Economic freedom index
Mauritania Russia
2026 53.9 50.3
2025 54.9 51.6
2024 55.3 52
2023 55.3 53.8
2022 55.3 56.1
2021 56.1 61.5
2020 55.3 61
2019 55.7 58.9
2018 54 58.2
2017 54.4 57.1
2016 54.8 50.6
2015 53.3 52.1
2014 53.2 51.9
2013 52.3 51.1
2012 53 50.5
2011 52.1 50.5
2010 52 50.3
2009 53.9 50.8
2008 55.2 49.8
2007 53.6 52.2
2006 55.7 52.4
2005 59.4 51.3
2004 61.8 52.8
2003 59 50.8
2002 52.5 48.7
2001 48.5 49.8
2000 46 51.8
1999 42.8 54.5
1998 43.7 52.8
1997 47 48.6
1996 45.5 51.6
1995 - 51.1

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/mauritania/russia | CC BY

The Economic Freedom Index for Mauritania is 53.9, ranking 136/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mauritania Russia
Services, % of GDP
42.4%
2024
57.5%
2024
Industry, % of GDP
30.5%
2024
30.7%
2024
Agriculture, forestry, and fishing, % of GDP
19.3%
2024
2.74%
2024
GNI, Atlas method
$11B
2024
$2.24T
2024
GNI per capita, PPP
$7,300
2024
$46,780
2024
Total reserves including gold
$2.04B
2021
$597B
2023
Total reserves ranking
126/177
2021
6/177
2023
Net foreign direct investment
-$1.44B
2024
$9.37B
2024
Net inflows of foreign direct investment
$1.44B
2024
-$9.35B
2024
Net outflows of foreign direct investment
$3.9M
2024
-$170M
2024
Servicing debt to the IMF, % of GNI
3.82%
2024
2.65%
2024
Poverty at national poverty lines
31.8%
2019
12.1%
2020
Gross capital formation, % of GDP
43.1%
2024
26.3%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/mauritania/russia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.