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Economy of Mauritania vs Slovakia compared: GDP & Debt

Updated on by Georank team

Mauritania has a GDP of $10.9B compared to $141B for Slovakia, ranking 153/197 and 61/197 by economy size, respectively.

Mauritania has $4.67B in government debt (42.8% of GDP), compared to $80.7B (57.2% of GDP) in Slovakia.

Mauritania vs Slovakia GDP by year

Mauritania
Slovakia
1x
Year GDP, current $
Mauritania Slovakia
2024 $10,908,045,687 $140,934,076,532
2023 $10,726,838,461 $133,578,518,424
2022 $9,557,966,698 $115,792,972,358
2021 $9,222,536,364 $120,511,265,913
2020 $8,260,752,385 $107,732,602,896
2019 $7,894,764,886 $105,843,498,304
2018 $7,473,550,557 $106,611,673,365
2017 $6,800,135,898 $95,978,130,735
2016 $6,398,747,592 $90,347,173,229
2015 $6,166,863,897 $89,178,548,717
2014 $6,592,537,782 $101,713,075,599
2013 $7,223,071,097 $99,134,277,850
2012 $6,728,208,836 $94,724,394,278
2011 $6,764,627,746 $99,705,104,723
2010 $5,628,878,798 $91,112,160,801
2009 $4,714,595,548 $89,342,984,698
2008 $5,206,437,194 $100,830,060,553
2007 $4,346,212,355 $86,587,749,518
2006 $3,919,577,286 $70,751,813,443
2005 $2,936,019,526 $62,547,753,148
2004 $2,362,501,023 $57,215,475,076
2003 $2,051,147,607 $46,616,149,117
2002 $1,777,057,481 $35,243,658,399
2001 $1,746,063,558 $30,726,659,551
2000 $1,779,520,886 $29,215,726,005
1999 $1,985,922,776 $30,496,272,225
1998 $2,032,347,665 $29,976,207,629
1997 $2,071,996,564 $27,844,628,979
1996 $2,132,087,009 $28,197,790,875
1995 $2,091,726,101 $26,180,022,222
1994 $1,944,876,755 $20,428,139,756
1993 $1,847,353,211 $16,737,973,764
1992 $2,164,298,425 $15,699,327,209
1991 $2,133,692,697 $14,459,924,589
1990 $1,506,914,408 $12,915,046,978
1989 $1,450,647,019 -
1988 $1,414,951,290 -
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/slovakia | CC BY

GDP per capita in Mauritania vs Slovakia by year

Mauritania
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mauritania Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,110 $7,369 $25,993 $48,132
2023 $2,136 $6,966 $24,615 $45,974
2022 $1,960 $6,485 $21,318 $41,562
2021 $1,948 $5,837 $22,123 $38,346
2020 $1,796 $5,741 $19,735 $35,328
2019 $1,767 $5,610 $19,406 $33,986
2018 $1,723 $5,429 $19,573 $31,510
2017 $1,615 $5,353 $17,646 $30,246
2016 $1,566 $4,683 $16,636 $29,868
2015 $1,555 $3,978 $16,442 $30,148
2014 $1,713 $3,865 $18,771 $29,108
2013 $1,934 $3,831 $18,313 $28,075
2012 $1,859 $3,465 $17,517 $27,023
2011 $1,931 $3,271 $18,469 $26,202
2010 $1,660 $3,178 $16,899 $25,382
2009 $1,435 $3,159 $16,587 $23,077
2008 $1,636 $3,236 $18,744 $23,714
2007 $1,405 $3,278 $16,110 $21,232
2006 $1,301 $3,342 $13,168 $18,906
2005 $999 $2,809 $11,642 $16,570
2004 $824 $2,570 $10,650 $15,166
2003 $732 $2,447 $8,675 $14,088
2002 $649 $2,296 $6,555 $13,292
2001 $652 $2,280 $5,712 $12,367
2000 $681 $2,304 $5,422 $11,370
1999 $781 $2,411 $5,652 $10,726
1998 $821 $2,355 $5,561 $10,666
1997 $859 $2,325 $5,172 $10,137
1996 $904 $2,436 $5,248 $9,500
1995 $905 $2,306 $4,883 $8,812
1994 $865 $2,114 $3,821 $8,178
1993 $850 $2,209 $3,143 $7,569
1992 $1,036 $2,122 $2,959 $7,270
1991 $1,062 $2,116 $2,727 $7,623
1990 $772 $2,070 $2,437 $8,638
1989 $762 - - -
1988 $762 - - -
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/slovakia | CC BY

Mauritania's GDP per capita is $2,110, ranking 156/197, compared to $25,993 in Slovakia, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), Mauritania ranks 147th at $7,369, while Slovakia ranks 49th at $48,132.

Economic indicators

Mauritania Slovakia
Gross domestic product
$10.9B
2024
$141B
2024
GDP rank
153/197
2024
61/197
2024
GDP growth
6.31%
2023-2024
1.94%
2023-2024
GDP per capita
$2,110
2024
$25,993
2024
GDP per capita rank
156/197
2024
47/197
2024
GDP per capita, PPP
$7,369
2024
$48,132
2024
GDP per capita PPP rank
147/197
2024
49/197
2024
Government debt
$4.67B
2024
$80.7B
2024
Debt-to-GDP ratio
42.8%
2024
57.2%
2024
Government debt per person
$904
2024
$14,876
2024
Government debt per person rank
145/185
2024
40/185
2024
Average annual personal income after taxes
$2,078
2026
$17,983
2026
Market capitalization of domestic companies n/a
$5.38B
2014
Number of billionaires n/a
2
2025
Income share by richest 10%
24.6%
2019
18.8%
2023
Income share by poorest 10%
3.1%
2019
3.3%
2023
Government expenditure, % of GDP
23.6%
2024
47.1%
2024
Consumer prices inflation
2.49%
2023-2024
2.76%
2023-2024
Unemployment rate
10.4%
2019
5.34%
2024
Population
5505206
5359438

Spending and national debt comparison by year

Mauritania
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Mauritania Slovakia
Government spending Government debt Government spending Government debt
2024 23.6% 42.8% 47.1% 57.2%
2023 24.8% 47.1% 48% 55.6%
2022 28.7% 50.5% 43% 57.7%
2021 20.8% 54.5% 44.9% 60.2%
2020 18.5% 56.5% 44.5% 58.4%
2019 17.8% 57.7% 40.6% 48%
2018 19% 59.2% 39.7% 49.3%
2017 20.3% 55.7% 39.8% 51.4%
2016 20.8% 57.6% 40.9% 52.1%
2015 25.7% 59.9% 44.1% 51.6%
2014 23.9% 49.5% 42% 53.4%
2013 20.1% 40.7% 41.1% 54.6%
2012 21.5% 39.3% 40% 51.7%
2011 17% 38.8% 40.8% 43.3%
2010 17.3% 43.9% 41% 40.7%
2009 19.6% 54.3% 43.2% 36.4%
2008 19.8% 57.2% 36.5% 28.6%
2007 19.7% 61.5% 35.9% 30.4%
2006 19% 38% 38.2% 31.5%
2005 21.3% 71.1% 39.1% 35%
2004 23.9% 22% 38.4% 42%
2003 - 22.9% 40% 43.6%
2002 - 59.5% 46% 45.6%
2001 - 63.5% 46.2% 51.4%
2000 - 55.5% 53.2% 50.6%
1999 - - 48.4% 47.1%
1998 - - 46.2% 33.9%
1997 - - 48.6% 32.8%
1996 - - 52.8% 30.3%
1995 - - 47.8% 21.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, Mauritania's government spending was $2.57B, accounting for 23.6% of its GDP, while Slovakia spent $66.4B, or 47.1% of GDP.

Debt-to-GDP ratio is 42.8% in Mauritania and 57.2% in Slovakia, ranking 126/185 and 90/185, respectively.

Government deficit by year

Deficit/surplus
Mauritania

Slovakia
1x
Year Deficit/surplus, % of GDP
Mauritania Slovakia
2024 -1.35% -5.27%
2023 -2.45% -5.15%
2022 -3.09% -1.16%
2021 2.6% -5.09%
2020 2.78% -5.3%
2019 2.65% -1.21%
2018 3.23% -1.01%
2017 0.53% -0.98%
2016 0.13% -2.59%
2015 -2.44% -2.78%
2014 -2.64% -3.25%
2013 -0.66% -2.86%
2012 1.67% -4.37%
2011 0.07% -4.36%
2010 -0.45% -7.44%
2009 -3.59% -8.18%
2008 -3.32% -2.54%
2007 -1.38% -2.26%
2006 2.05% -3.57%
2005 -3.16% -2.86%
2004 -3.06% -2.36%
2003 - -2.28%
2002 - -8.35%
2001 - -7.74%
2000 - -12.7%
1999 - -7.25%
1998 - -5.37%
1997 - -6.24%
1996 - -9.72%
1995 - -3.43%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/mauritania/slovakia | 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 Slovakia's deficit of $7.43B, or 5.27% of GDP.

Over the past 21 years, Mauritania recorded a fiscal deficit in 12 of those years, while Slovakia ran a deficit in 21 years. On average, Mauritania posted an annual deficit equal to 0.57% of GDP, compared to deficit of 3.55% of GDP for Slovakia.

Inflation comparison by year

Inflation
Mauritania

Slovakia
1x
Year Consumer prices inflation
Mauritania Slovakia
2024 2.49% 2.76%
2023 4.95% 10.5%
2022 9.53% 12.8%
2021 3.57% 3.15%
2020 2.39% 1.94%
2019 2.3% 2.66%
2018 3.07% 2.51%
2017 2.25% 1.31%
2016 1.47% -0.52%
2015 3.25% -0.33%
2014 3.53% -0.08%
2013 4.13% 1.4%
2012 4.9% 3.61%
2011 5.69% 3.92%
2010 6.28% 0.96%
2009 2.22% 1.62%
2008 7.35% 4.6%
2007 7.25% 2.76%
2006 6.24% 4.48%
2005 12.1% 2.71%
2004 10.4% 7.55%
2003 5.15% 8.55%
2002 3.9% 3.13%
2001 4.71% 7.33%
2000 3.25% 12%
1999 4.07% 10.6%
1998 8.03% 6.67%
1997 4.63% 6.14%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Mauritania has recorded an average annual inflation rate of 4.97%, compared with 4.45% in Slovakia. In 2024, inflation was 2.49% in Mauritania and 2.76% in Slovakia.

Top exports between countries

Mauritania
Export category Export value
Slovakia
Export category Export value
Raw materials & minerals $699K
Machinery & equipment $355K
Textiles & consumer goods $93K
Processed food, beverages & tobacco $43K
Animal & marine products $13K
Metals $1K

Balance of trade

Mauritania Slovakia
Current account balance
-$1.04B
2024
-$6.5B
2024
Current account balance ranking
124/190
2024
171/190
2024
Current account balance, % of GDP
-9.53%
2024
-4.61%
2024
Goods imports
$4.32B
2024
$107B
2024
Goods exports
$3.83B
2024
$106B
2024
Service imports
$1.05B
2024
$13.2B
2024
Service exports
$230M
2024
$13.9B
2024
Imports of goods and services, % of GDP
52.2%
2024
85.7%
2024
Exports of goods and services, % of GDP
41.4%
2024
85.5%
2024

Economic freedom indices

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

Mauritania Slovakia
Economic freedom 53.9 67.7
Economic freedom ranking 136/197 54/197
Property rights 32.6 82.6
Government integrity 24.5 57.2
Judicial effectiveness 26.4 70.5
Tax burden 75.5 75.4
Government spending 80.2 36.4
Fiscal health 87.9 69.6
Business freedom 38.7 71.1
Labor freedom 53.6 55.1
Monetary freedom 77.8 69.7
Trade freedom 59.6 79.4
Investment freedom 50 75
Financial freedom 40 70

Economic freedom comparison by year

Mauritania
Slovakia
1x
Year Economic freedom index
Mauritania Slovakia
2026 53.9 67.7
2025 54.9 68.4
2024 55.3 68.1
2023 55.3 69
2022 55.3 69.7
2021 56.1 66.3
2020 55.3 66.8
2019 55.7 65
2018 54 65.3
2017 54.4 65.7
2016 54.8 66.6
2015 53.3 67.2
2014 53.2 66.4
2013 52.3 68.7
2012 53 67
2011 52.1 69.5
2010 52 69.7
2009 53.9 69.4
2008 55.2 70
2007 53.6 69.6
2006 55.7 69.8
2005 59.4 66.8
2004 61.8 64.6
2003 59 59
2002 52.5 59.8
2001 48.5 58.5
2000 46 53.8
1999 42.8 54.2
1998 43.7 57.5
1997 47 55.5
1996 45.5 57.6
1995 - 60.4

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

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

The Economic Freedom Index for Mauritania is 53.9, ranking 136/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mauritania Slovakia
Services, % of GDP
42.4%
2024
60%
2024
Industry, % of GDP
30.5%
2024
28.9%
2024
Agriculture, forestry, and fishing, % of GDP
19.3%
2024
1.58%
2024
GNI, Atlas method
$11B
2024
$128B
2024
GNI per capita, PPP
$7,300
2024
$47,040
2024
Total reserves including gold
$2.04B
2021
$14.5B
2024
Total reserves ranking
126/177
2021
68/177
2024
Net foreign direct investment
-$1.44B
2024
-$2.77B
2024
Net inflows of foreign direct investment
$1.44B
2024
$5.01B
2024
Net outflows of foreign direct investment
$3.9M
2024
$2.24B
2024
Servicing debt to the IMF, % of GNI
3.82%
2024
n/a
Poverty at national poverty lines
31.8%
2019
13.7%
2021
Gross capital formation, % of GDP
43.1%
2024
20.1%
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/slovakia | 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 (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.