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Economy of Mauritania vs Taiwan compared: GDP & Debt

Updated on by Georank team

Mauritania has a GDP of $10.9B compared to $802B for Taiwan, ranking 153/197 and 22/197 by economy size, respectively.

Mauritania has $4.67B in government debt (42.8% of GDP), compared to $211B (26.3% of GDP) in Taiwan.

Mauritania vs Taiwan GDP by year

Mauritania
Taiwan
1x
Year GDP, current $
Mauritania Taiwan
2024 $10,908,045,687 $801,529,000,000
2023 $10,726,838,461 $757,328,000,000
2022 $9,557,966,698 $765,529,000,000
2021 $9,222,536,364 $777,062,000,000
2020 $8,260,752,385 $676,935,000,000
2019 $7,894,764,886 $613,453,000,000
2018 $7,473,550,557 $610,744,000,000
2017 $6,800,135,898 $591,734,000,000
2016 $6,398,747,592 $543,002,000,000
2015 $6,166,863,897 $534,474,000,000
2014 $6,592,537,782 $535,332,000,000
2013 $7,223,071,097 $512,957,000,000
2012 $6,728,208,836 $495,536,000,000
2011 $6,764,627,746 $483,957,000,000
2010 $5,628,878,798 $444,245,000,000
2009 $4,714,595,548 $390,788,000,000
2008 $5,206,437,194 $415,824,000,000
2007 $4,346,212,355 $406,940,000,000
2006 $3,919,577,286 $386,492,000,000
2005 $2,936,019,526 $374,042,000,000
2004 $2,362,501,023 $346,881,000,000
2003 $2,051,147,607 $317,374,000,000
2002 $1,777,057,481 $307,429,000,000
2001 $1,746,063,558 $299,303,000,000
2000 $1,779,520,886 $330,725,000,000
1999 $1,985,922,776 $303,827,000,000
1998 $2,032,347,665 $279,926,000,000
1997 $2,071,996,564 $303,315,000,000
1996 $2,132,087,009 $292,473,000,000
1995 $2,091,726,101 $279,013,000,000
1994 $1,944,876,755 $256,213,000,000
1993 $1,847,353,211 $234,943,000,000
1992 $2,164,298,425 $222,947,000,000
1991 $2,133,692,697 $187,100,000,000
1990 $1,506,914,408 $166,392,000,000
1989 $1,450,647,019 $152,687,000,000
1988 $1,414,951,290 $126,378,000,000
1987 $1,344,664,725 $104,956,000,000
1986 $1,186,628,778 $78,347,000,000
1985 $1,009,723,326 $63,599,000,000
1984 $1,074,373,230 $61,036,000,000
1983 $1,165,171,263 $54,155,000,000
1982 $1,108,776,653 $49,540,000,000
1981 $1,105,494,682 $49,047,000,000
1980 $1,047,925,106 $42,292,000,000
1979 $951,900,945 $33,875,000,000
1978 $804,629,877 $27,373,000,000
1977 $799,030,017 $22,252,000,000
1976 $775,045,517 $18,988,000,000
1975 $703,377,837 $15,836,000,000
1974 $613,010,553 $14,739,000,000
1973 $493,237,876 $10,940,000,000
1972 $391,669,449 $8,063,000,000
1971 $335,568,907 $6,727,000,000
1970 $309,405,316 $5,785,000,000
1969 $295,062,308 $5,017,000,000
1968 $311,395,937 $4,325,000,000
1967 $282,615,310 $3,709,000,000
1966 $266,533,605 $3,207,000,000
1965 $255,340,475 $2,869,000,000
1964 $224,495,744 $2,592,000,000
1963 $168,186,297 $2,218,000,000
1962 $164,271,558 $1,960,000,000
1961 $159,213,430 $1,778,000,000
1960 - $1,743,000,000
1959 - $1,444,000,000
1958 - $1,836,000,000
1957 - $1,636,000,000
1956 - $1,399,000,000
1955 - $1,940,000,000
1954 - $1,628,000,000
1953 - $1,481,000,000
1952 - $1,677,000,000
1951 - $1,197,000,000

Data sources: National Statistics, Taiwan (1951–2024, retrieved 2026-02-09); World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

GDP per capita in Mauritania vs Taiwan by year

Mauritania
GDP per capita

GDP per capita, PPP
Taiwan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mauritania Taiwan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,110 $7,369 $34,238 -
2023 $2,136 $6,966 $32,444 -
2022 $1,960 $6,485 $32,827 -
2021 $1,948 $5,837 $33,111 -
2020 $1,796 $5,741 $28,705 -
2019 $1,767 $5,610 $25,998 -
2018 $1,723 $5,429 $25,901 -
2017 $1,615 $5,353 $25,121 $50,500
2016 $1,566 $4,683 $23,091 -
2015 $1,555 $3,978 $22,780 $46,800
2014 $1,713 $3,865 $22,874 -
2013 $1,934 $3,831 $21,973 $39,600
2012 $1,859 $3,465 $21,295 $39,400
2011 $1,931 $3,271 $20,866 $38,200
2010 $1,660 $3,178 $19,197 $35,700
2009 $1,435 $3,159 $16,933 $32,000
2008 $1,636 $3,236 $18,081 $31,100
2007 $1,405 $3,278 $17,757 $30,100
2006 $1,301 $3,342 $16,934 $29,500
2005 $999 $2,809 $16,456 $27,500
2004 $824 $2,570 $15,317 $25,300
2003 $732 $2,447 $14,066 $23,400
2002 $649 $2,296 $13,686 $18,000
2001 $652 $2,280 $13,397 $17,200
2000 $681 $2,304 $14,908 $17,400
1999 $781 $2,411 $13,804 $16,100
1998 $821 $2,355 $12,820 -
1997 $859 $2,325 $14,020 -
1996 $904 $2,436 $13,641 -
1995 $905 $2,306 $13,119 -
1994 $865 $2,114 $12,150 -
1993 $850 $2,209 $11,242 -
1992 $1,036 $2,122 $10,768 -
1991 $1,062 $2,116 $9,125 -
1990 $772 $2,070 $8,205 -
1989 $762 - $7,613 -
1988 $762 - $6,370 -
1987 $746 - $5,350 -
1986 $677 - $4,036 -
1985 $593 - $3,314 -
1984 $650 - $3,224 -
1983 $725 - $2,903 -
1982 $710 - $2,699 -
1981 $729 - $2,720 -
1980 $711 - $2,389 -
1979 $664 - $1,950 -
1978 $578 - $1,606 -
1977 $590 - $1,330 -
1976 $589 - $1,158 -
1975 $551 - $985 -
1974 $494 - $934 -
1973 $410 - $706 -
1972 $335 - $530 -
1971 $296 - $451 -
1970 $281.3 - $397 -
1969 $276.6 - $357 -
1968 $301 - $319 -
1967 $281.5 - $280.8 -
1966 $273.6 - $249.1 -
1965 $270 - $229.3 -
1964 $244.3 - $213.6 -
1963 $188.2 - $188.6 -
1962 $189 - $172 -
1961 $188.2 - $161.2 -
1960 - - $163.4 -
1959 - - $140.4 -
1958 - - $185.1 -
1957 - - $170.5 -
1956 - - $150.6 -
1955 - - $216.3 -
1954 - - $188.3 -
1953 - - $177.7 -
1952 - - $208.4 -
1951 - - $154.3 -

Data sources: National Statistics, Taiwan (1951–2024, retrieved 2026-02-09); World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06); Central Intelligence Agency (CIA) (1999–2017, retrieved 2026-02-20).

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

Mauritania's GDP per capita is $2,110, ranking 156/197, compared to $34,238 in Taiwan, ranking 35/197. Adjusted for purchasing power (GDP per capita PPP), Mauritania ranks 147th at $7,369, while Taiwan ranks 44th at $50,500.

Economic indicators

Mauritania Taiwan
Gross domestic product
$10.9B
2024
$802B
2024
GDP rank
153/197
2024
22/197
2024
GDP growth
6.31%
2023-2024
2.3%
2023-2024
GDP per capita
$2,110
2024
$34,238
2024
GDP per capita rank
156/197
2024
35/197
2024
GDP per capita, PPP
$7,369
2024
$50,500
2017
GDP per capita PPP rank
147/197
2024
44/197
2017
Government debt
$4.67B
2024
$211B
2024
Debt-to-GDP ratio
42.8%
2024
26.3%
2024
Government debt per person
$904
2024
$9,020
2024
Government debt per person rank
145/185
2024
59/185
2024
Average annual personal income after taxes
$2,078
2026
$18,163
2026
Number of millionaires n/a
759,000
2025
Number of billionaires n/a
54
2025
Income share by richest 10%
24.6%
2019
n/a
Income share by poorest 10%
3.1%
2019
n/a
Government expenditure, % of GDP
23.6%
2024
15.8%
2024
Consumer prices inflation
2.49%
2023-2024
2.2%
2023-2024
Central bank interest rate n/a
2%
2024
Unemployment rate
10.4%
2019
3.35%
2025
Population
5505206
23229461

Spending and national debt comparison by year

Mauritania
Spending

Debt
Taiwan
Spending

Debt
1x
Year % of GDP
Mauritania Taiwan
Government spending Government debt Government spending Government debt
2024 23.6% 42.8% 15.8% 26.3%
2023 24.8% 47.1% 17.1% 29%
2022 28.7% 50.5% 16% 29.5%
2021 20.8% 54.5% 15.4% 30.1%
2020 18.5% 56.5% 16.2% 32%
2019 17.8% 57.7% 15.3% 32.6%
2018 19% 59.2% 15.4% 33.8%
2017 20.3% 55.7% 15.4% 34.5%
2016 20.8% 57.6% 15.6% 35.4%
2015 25.7% 59.9% 15.5% 35.9%
2014 23.9% 49.5% - 37.5%
2013 20.1% 40.7% - 38.9%
2012 21.5% 39.3% - 39.2%
2011 17% 38.8% 18.3% 38.3%
2010 17.3% 43.9% - 36.9%
2009 19.6% 54.3% - 36.7%
2008 19.8% 57.2% - 33.4%
2007 19.7% 61.5% - 32.2%
2006 19% 38% - 33.3%
2005 21.3% 71.1% - 34.1%
2004 23.9% 22% - 33.4%
2003 - 22.9% - 32.1%
2002 - 59.5% - 29.8%
2001 - 63.5% 22.5% 30.1%
2000 - 55.5% - 26.2%
1999 - - - 23.7%
1998 - - - 23.7%
1997 - - - 25%
1996 - - - -
1995 - - - -
1994 - - - -
1993 - - - -
1992 - - - -
1991 - - 25.4% -
1990 - - - -
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - 23.6% -
1980 - - - -
1979 - - - -
1978 - - - -
1977 - - - -
1976 - - 21.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); National Statistics, Taiwan (1976–2024, retrieved 2026-02-09).

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

In 2024, Mauritania's government spending was $2.57B, accounting for 23.6% of its GDP, while Taiwan spent $127B, or 15.8% of GDP.

Debt-to-GDP ratio is 42.8% in Mauritania and 26.3% in Taiwan, ranking 126/185 and 160/185, respectively.

Government deficit by year

Deficit/surplus
Mauritania

Taiwan
1x
Year Deficit/surplus, % of GDP
Mauritania Taiwan
2024 -1.35% 0.43%
2023 -2.45% -0.61%
2022 -3.09% 0.17%
2021 2.6% -0.18%
2020 2.78% -1.03%
2019 2.65% 0.11%
2018 3.23% 0.02%
2017 0.53% -0.14%
2016 0.13% -0.31%
2015 -2.44% 0.1%
2014 -2.64% -
2013 -0.66% -
2012 1.67% -
2011 0.07% -2.15%
2010 -0.45% -
2009 -3.59% -
2008 -3.32% -
2007 -1.38% -
2006 2.05% -
2005 -3.16% -
2004 -3.06% -
2003 - -
2002 - -
2001 - -3.71%
2000 - -
1999 - -
1998 - -
1997 - -
1996 - -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -4.5%
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -0.78%
1980 - -
1979 - -
1978 - -
1977 - -
1976 - 1.39%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2004–2024, retrieved 2026-02-20); National Statistics, Taiwan (1976–2024, retrieved 2026-02-09).

GeoRank.org/economy/mauritania/taiwan | 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 Taiwan's surplus of $3.45B, or 0.43% of GDP.

Over the past 21 years, Mauritania recorded a fiscal deficit in 12 of those years, while Taiwan ran a deficit in 6 years. On average, Mauritania posted an annual deficit equal to 0.57% of GDP, compared to deficit of 0.33% of GDP for Taiwan.

Inflation comparison by year

Inflation
Mauritania

Taiwan
1x
Year Consumer prices inflation
Mauritania Taiwan
2024 2.49% 2.2%
2023 4.95% 2.5%
2022 9.53% 2.9%
2021 3.57% 2%
2020 2.39% -0.2%
2019 2.3% 0.6%
2018 3.07% 1.4%
2017 2.25% 0.6%
2016 1.47% 1.4%
2015 3.25% -0.3%
2014 3.53% 1.2%
2013 4.13% 0.8%
2012 4.9% 1.9%
2011 5.69% 1.4%
2010 6.28% 1%
2009 2.22% -0.9%
2008 7.35% 3.5%
2007 7.25% 1.8%
2006 6.24% 0.6%
2005 12.1% 2.3%
2004 10.4% 1.6%
2003 5.15% -0.3%
2002 3.9% -0.2%
2001 4.71% 0%
2000 3.25% 1.2%
1999 4.07% 0.2%
1998 8.03% 1.7%
1997 4.63% 0.9%

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/taiwan | CC BY

Over the past 28 years, Mauritania has recorded an average annual inflation rate of 4.97%, compared with 1.14% in Taiwan. In 2024, inflation was 2.49% in Mauritania and 2.2% in Taiwan.

Balance of trade

Mauritania Taiwan
Current account balance
-$1.04B
2024
$113B
2024
Current account balance ranking
124/190
2024
4/190
2024
Current account balance, % of GDP
-9.53%
2024
+14.1%
2024
Goods imports
$4.32B
2024
n/a
Goods exports
$3.83B
2024
n/a
Service imports
$1.05B
2024
n/a
Service exports
$230M
2024
n/a
Imports of goods and services, % of GDP
52.2%
2024
50.2%
2024
Exports of goods and services, % of GDP
41.4%
2024
63.3%
2024

Economic freedom indices

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

Mauritania Taiwan
Economic freedom 53.9 79.8
Economic freedom ranking 136/197 6/197
Property rights 32.6 83.4
Government integrity 24.5 74.3
Judicial effectiveness 26.4 94.3
Tax burden 75.5 78.9
Government spending 80.2 90
Fiscal health 87.9 92.9
Business freedom 38.7 78.6
Labor freedom 53.6 69
Monetary freedom 77.8 80.3
Trade freedom 59.6 86
Investment freedom 50 70
Financial freedom 40 60

Economic freedom comparison by year

Mauritania
Taiwan
1x
Year Economic freedom index
Mauritania Taiwan
2026 53.9 79.8
2025 54.9 79.7
2024 55.3 80
2023 55.3 80.7
2022 55.3 80.1
2021 56.1 78.6
2020 55.3 77.1
2019 55.7 77.3
2018 54 76.6
2017 54.4 76.5
2016 54.8 74.7
2015 53.3 75.1
2014 53.2 73.9
2013 52.3 72.7
2012 53 71.9
2011 52.1 70.8
2010 52 70.4
2009 53.9 69.5
2008 55.2 70.3
2007 53.6 69.4
2006 55.7 69.7
2005 59.4 71.3
2004 61.8 69.6
2003 59 71.7
2002 52.5 71.3
2001 48.5 72.8
2000 46 72.5
1999 42.8 71.5
1998 43.7 70.4
1997 47 70
1996 45.5 74.1
1995 - 74.2

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

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

The Economic Freedom Index for Mauritania is 53.9, ranking 136/197, compared to 79.8 for Taiwan, ranking 6/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mauritania Taiwan
Services, % of GDP
42.4%
2024
58.8%
2024
Industry, % of GDP
30.5%
2024
39.8%
2024
Agriculture, forestry, and fishing, % of GDP
19.3%
2024
1.47%
2024
GNI, Atlas method
$11B
2024
$832B
2024
GNI per capita, PPP
$7,300
2024
n/a
Total reserves including gold
$2.04B
2021
n/a
Total reserves ranking
126/177
2021
n/a
Net foreign direct investment
-$1.44B
2024
n/a
Net inflows of foreign direct investment
$1.44B
2024
n/a
Net outflows of foreign direct investment
$3.9M
2024
n/a
Servicing debt to the IMF, % of GNI
3.82%
2024
n/a
Poverty at national poverty lines
31.8%
2019
1.5%
2020
Gross capital formation, % of GDP
43.1%
2024
26.7%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); National Statistics, Taiwan (1985–2024, retrieved 2026-02-09); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06)
  2. National Statistics, Taiwan (1951–2025, retrieved 2026-02-09)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, 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. Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-02-20)
  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.