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Mauritius' economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Mauritius ranked 143/197 by economy size with a GDP of $15B and 79/197 by GDP per capita at $11,872. Mauritius has $13.7B in government debt, with a debt-to-GDP ratio of 93.2%.

In 2025, Mauritius made up 0.01% of the world's economy, compared to 0.01% in 1960.

The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.

GDP, current $
GDP, constant 2015 $
GDP growth
Year GDP GDP growth
Current $ Constant $
1960 $162,089,564 $956,645,875 -
1961 $191,757,729 $1,175,230,800 18.3%
1962 $197,738,208 $1,184,708,882 3.12%
1963 $253,839,558 $1,349,318,561 28.4%
1964 $218,914,569 $1,256,357,354 -13.8%
1965 $230,024,161 $1,296,522,846 5.07%
1966 $227,534,083 $1,250,260,258 -1.08%
1967 $238,439,291 $1,305,073,286 4.79%
1968 $206,576,631 $1,215,158,229 -13.4%
1969 $221,553,613 $1,275,101,631 7.25%
1970 $224,125,805 $1,269,971,348 1.16%
1971 $251,437,338 $1,324,244,380 12.2%
1972 $318,664,900 $1,434,770,611 26.7%
1973 $404,285,775 $1,606,680,325 26.9%
1974 $669,894,030 $1,748,258,203 65.7%
1975 $673,311,287 $1,764,099,001 0.51%
1976 $713,510,052 $2,183,115,628 5.97%
1977 $834,722,972 $2,326,057,723 17%
1978 $1,029,040,323 $2,415,164,484 23.3%
1979 $1,227,446,632 $2,500,094,365 19.3%
1980 $1,147,027,924 $2,248,553,408 -6.55%
1981 $1,157,769,444 $2,380,821,255 0.94%
1982 $1,092,923,636 $2,511,696,807 -5.6%
1983 $1,104,956,573 $2,521,336,582 1.1%
1984 $1,054,564,759 $2,639,798,700 -4.56%
1985 $1,090,611,325 $2,823,382,853 3.42%
1986 $1,482,601,552 $3,098,437,751 35.9%
1987 $1,906,174,438 $3,373,921,085 28.6%
1988 $2,163,252,449 $3,603,055,765 13.5%
1989 $2,211,312,823 $3,763,937,559 2.22%
1990 $2,689,212,760 $4,034,441,844 21.6%
1991 $2,895,354,736 $4,213,387,344 7.67%
1992 $3,267,677,814 $4,487,792,562 12.9%
1993 $3,307,302,126 $4,715,865,005 1.21%
1994 $3,606,050,873 $4,910,919,919 9.03%
1995 $4,094,741,652 $5,121,487,228 13.6%
1996 $4,481,489,762 $5,407,667,941 9.44%
1997 $4,243,755,308 $5,715,227,834 -5.3%
1998 $4,225,813,976 $6,062,253,049 -0.42%
1999 $4,402,193,195 $6,220,534,375 4.17%
2000 $4,726,108,622 $6,730,791,856 7.36%
2001 $4,675,755,867 $6,956,107,854 -1.07%
2002 $4,906,494,249 $7,068,443,338 4.93%
2003 $5,894,873,920 $7,487,280,095 20.1%
2004 $6,667,418,752 $7,811,480,810 13.1%
2005 $6,576,108,447 $7,950,333,241 -1.37%
2006 $7,028,810,681 $8,337,160,252 6.88%
2007 $8,150,150,209 $8,814,630,767 16%
2008 $9,990,356,674 $9,289,471,624 22.6%
2009 $9,128,843,109 $9,597,424,761 -8.62%
2010 $10,003,670,690 $10,017,523,547 9.58%
2011 $11,518,413,430 $10,425,991,883 15.1%
2012 $11,668,696,397 $10,790,496,900 1.3%
2013 $12,292,974,141 $11,153,101,416 5.35%
2014 $13,074,129,952 $11,579,927,241 6.35%
2015 $12,007,291,046 $12,007,291,046 -8.16%
2016 $12,594,155,464 $12,471,068,852 4.89%
2017 $13,713,506,131 $12,962,177,523 8.89%
2018 $14,735,695,931 $13,481,538,349 7.45%
2019 $14,436,346,980 $13,871,328,044 -2.03%
2020 $11,408,106,446 $11,853,530,019 -21%
2021 $11,484,348,858 $12,257,000,315 0.67%
2022 $12,907,767,790 $13,322,509,534 12.4%
2023 $14,101,195,733 $13,989,676,007 9.25%
2024 $14,952,555,415 $14,646,337,855 6.04%

Economic Statistics of Mauritius

Mauritius Rank
Gross domestic product
$15B
2024
143/197
GDP growth
6.04%
2023-2024
90/196
GDP per capita
$11,872
2024
79/197
GDP per capita, PPP
$31,051
2024
70/197
Government debt
$13.7B
2024
115/185
Debt-to-GDP ratio
93.2%
2025
28/185
Government debt per person
$10,846
2024
54/185
Average annual personal income after taxes
$7,323
2025
93/197
Listed domestic companies
93
2024
52/103
Market capitalization of domestic companies
$9.12B
2024
68/100
Income share by richest 10%
29.9%
2017
62/169
Income share by poorest 10%
2.9%
2017
75/169
Government expenditure, % of GDP
31.9%
2025
88/195
Consumer prices inflation
3.6%
2023-2024
82/195
Central bank interest rate
4.5%
2025
70/105
Unemployment rate
5.57%
2023
88/196
Population
1256649
156/197

Mauritius' GDP per capita

Mauritius has a GDP per capita of $11,872, ranking 79/197, a GDP per capita based on purchasing power parity (PPP) of $31,051, ranking 70/197, and a median annual after tax income of $7,323, ranking 93/197.

GDP per capita
GDP per capita, PPP
Year Current $
GDP per capita GDP per capita, PPP
1960 $238.3 -
1961 $281.7 -
1962 $282.3 -
1963 $353 -
1964 $297.3 -
1965 $305 -
1966 $296 -
1967 $304 -
1968 $258.7 -
1969 $272.7 -
1970 $271.3 -
1971 $299.6 -
1972 $374 -
1973 $467 -
1974 $763 -
1975 $755 -
1976 $787 -
1977 $906 -
1978 $1,102 -
1979 $1,292 -
1980 $1,187 -
1981 $1,181 -
1982 $1,101 -
1983 $1,103 -
1984 $1,042 -
1985 $1,069 -
1986 $1,442 -
1987 $1,840 -
1988 $2,074 -
1989 $2,103 -
1990 $2,540 $5,008
1991 $2,705 $5,349
1992 $3,013 $5,751
1993 $3,014 $6,114
1994 $3,240 $6,412
1995 $3,648 $6,769
1996 $3,952 $7,204
1997 $3,696 $7,648
1998 $3,642 $8,118
1999 $3,746 $8,341
2000 $3,982 $9,140
2001 $3,909 $9,582
2002 $4,073 $9,820
2003 $4,858 $10,531
2004 $5,461 $11,212
2005 $5,354 $11,699
2006 $5,696 $12,588
2007 $6,575 $13,607
2008 $8,030 $14,564
2009 $7,318 $15,099
2010 $8,000 $15,914
2011 $9,197 $16,877
2012 $9,291 $17,250
2013 $9,765 $18,225
2014 $10,366 $19,066
2015 $9,508 $20,011
2016 $9,966 $21,670
2017 $10,842 $22,596
2018 $11,643 $23,068
2019 $11,403 $24,027
2020 $9,011 $21,326
2021 $9,069 $22,738
2022 $10,224 $26,556
2023 $11,182 $28,923
2024 $11,872 $31,051

Mauritius' government spending, deficit, and chart

This chart shows Mauritius' government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 26 years, Mauritius recorded a fiscal deficit in 26 years — average annual deficit equal to -4.16% of GDP. In 2024, government spending reached $5.04B (31.9% of GDP), with a deficit of -3.75%.

The national debt reached $13.7B, ranking 115th out of 185 countries by total size, with a debt-to-GDP ratio of 93.2%, ranking 28th.

Government spending
Government debt
Deficit/surplus
Year % of GDP
Government spending Government debt Government deficit/surplus
1990 30.2% - -
1991 27.2% - -
1992 26.8% - -
1993 24.5% - -
1994 27.5% - -
1995 27.3% - -
1996 27.4% - -
1997 27.5% - -
1998 26.6% - -
1999 27.5% - -
2000 22.2% 59.7% -4.4%
2001 22.4% 60.5% -5.53%
2002 23.3% 66.7% -5.18%
2003 23.4% 70.8% -4.82%
2004 22.6% 61.1% -4.34%
2005 23% 61.7% -4.44%
2006 22.2% 59.3% -4.14%
2007 21.5% 51.6% -3.09%
2008 22.7% 49.4% -2.66%
2009 25.2% 58.4% -3.41%
2010 24% 56.4% -3.07%
2011 23.7% 56.5% -3.09%
2012 22.5% 55.9% -1.78%
2013 24.1% 58.2% -3.4%
2014 23% 60.6% -3.13%
2015 24.5% 65% -3.59%
2016 24% 64.3% -2.81%
2017 24.3% 63% -1.66%
2018 24.3% 64.1% -2.19%
2019 27.8% 74.6% -7.53%
2020 32.6% 93.4% -10.6%
2021 30.8% 93.8% -4.44%
2022 29.3% 86.9% -3.31%
2023 29.9% 85.6% -4.71%
2024 33.7% 91.4% -7.11%
2025 31.9% 93.2% -3.75%

Inflation rate by year

Over the past 20 years, Mauritius has had an average annual inflation rate of 4.63%. In 2024, inflation was 3.6%. The bar chart below shows consumer price inflation by year.

Year Inflation
1964 1.9%
1965 1.79%
1966 2.5%
1967 1.88%
1968 6.98%
1969 2.32%
1970 1.54%
1971 0.32%
1972 5.4%
1973 13.5%
1974 29.1%
1975 14.7%
1976 13%
1977 9.17%
1978 8.55%
1979 14.5%
1980 42%
1981 14.5%
1982 11.4%
1983 5.59%
1984 7.39%
1985 6.7%
1986 1.63%
1987 0.52%
1988 9.16%
1989 12.7%
1990 13.5%
1991 7%
1992 4.64%
1993 10.5%
1994 7.32%
1995 6.03%
1996 6.55%
1997 6.83%
1998 6.81%
1999 6.91%
2000 4.2%
2001 5.39%
2002 6.42%
2003 3.92%
2004 4.71%
2005 4.94%
2006 8.91%
2007 8.83%
2008 9.73%
2009 2.52%
2010 2.93%
2011 6.52%
2012 3.85%
2013 3.54%
2014 3.22%
2015 1.29%
2016 0.98%
2017 3.67%
2018 3.22%
2019 0.41%
2020 2.58%
2021 4.03%
2022 10.8%
2023 7.05%
2024 3.6%

Balance of trade

Mauritius Rank
Current account balance
-$1.05B
2024
125/189
Current account balance, % of GDP
-7.02%
2024
146/189
Goods imports
$6.35B
2024
126/188
Goods exports
$2.37B
2024
137/188
Service imports
$2.28B
2024
116/188
Service exports
$4.19B
2024
99/188
Imports of goods and services, % of GDP
57.8%
2024
54/180
Exports of goods and services, % of GDP
46.2%
2024
60/193

Mauritius' top 10 trading partners

Mauritius' biggest trading partner accounting for 14.3%% of all exports and imports is China, with a trade balance between the two of -$1.17B — Mauritius exports $18.2M worth of goods and services to China and imports $1.19B.

Below is the list of the top 10 trade partners of Mauritius.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 China $1.21B 14.3% $18.2M $1.19B Metals Machinery & equipment
2 UAE $884M 10.5% $36.9M $847M Textiles & consumer goods Raw materials & minerals
3 India $792M 9.36% $45.7M $746M Metals Raw materials & minerals
4 South Africa $703M 8.31% $203M $501M Textiles & consumer goods Raw materials & minerals
5 France $647M 7.65% $240M $407M Textiles & consumer goods Chemicals & pharma
6 United Kingdom $289M 3.42% $160M $129M Processed food, beverages & tobacco Machinery & equipment
7 Spain $287M 3.4% $123M $165M Processed food, beverages & tobacco Animal & marine products
8 United States $272M 3.22% $177M $95.1M Animal & marine products Machinery & equipment
9 Germany $254M 3% $31.8M $222M Textiles & consumer goods Machinery & equipment
10 Japan $244M 2.88% $19.8M $224M Animal & marine products Machinery & equipment

Mauritius' top 10 exports

Mauritius Rank
Transport & tourism services $2.53B 93/188
Business & finance services $648M 84/188
Processed food, beverages & tobacco $576M 98/192
Textiles & consumer goods $500M 83/193
Animal & marine products $223M 90/192
IT & IP services $162M 93/183
Machinery & equipment $126M 123/193
Chemicals & pharma $122M 111/193
Precious metals & jewellery $103M 103/190
Metals $52.8M 130/192

Mauritius' top 10 imports

Mauritius Rank
Machinery & equipment $1.72B 127/193
Raw materials & minerals $1.66B 126/193
Transport & tourism services $1.2B 115/188
Textiles & consumer goods $700M 112/193
Processed food, beverages & tobacco $676M 123/193
Business & finance services $647M 104/188
Chemicals & pharma $635M 124/193
Animal & marine products $485M 87/193
Metals $325M 135/193
Raw agricultural goods $304M 128/193

Economic freedom indices

Mauritius Rank
Economic freedom 75 18/197
Property rights 86.4 30/182
Government integrity 53.2 30/182
Judicial effectiveness 81 30/182
Tax burden 89.8 33/181
Government spending 77.1 74/180
Fiscal health 64.9 103/181
Business freedom 82.9 23/182
Labor freedom 69.3 14/182
Monetary freedom 67.4 131/180
Trade freedom 87.4 4/181
Investment freedom 70 34/181
Financial freedom 70 28/181

Mauritius' economic freedom by year

Mauritius is ranked 15/180 for economic freedom with a score of 75, compared to 32/163 and a score of 67.2 in 2005.

Economic freedom
Judicial effectiveness
Tax burden
Government spending
Fiscal health
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
1999 68.5 - 76 85.1 -
2000 67.2 - 76 82.7 -
2001 66.4 - 75.9 84.1 -
2002 67.7 - 84.2 84.1 -
2003 64.4 - 84.9 81.5 -
2004 64.3 - 85 82.9 -
2005 67.2 - 84.5 82 -
2006 67.4 - 81.7 79.1 -
2007 69.4 - 81.3 79.7 -
2008 72.6 - 92.1 81.4 -
2009 74.3 - 92.2 80.8 -
2010 76.3 - 92.5 83.4 -
2011 76.2 - 91.9 80 -
2012 77 - 91.9 83.4 -
2013 76.9 - 92.1 81.9 -
2014 76.5 - 92.2 81.8 -
2015 76.4 - 91.9 87.4 -
2016 74.7 - 92 81.5 -
2017 74.7 72.6 92 81.5 74.9
2018 75.1 69.6 91 80.7 73.7
2019 73 62.1 92.1 80.3 73.6
2020 74.9 62.6 91.5 82.1 79.3
2021 77 73.6 91.6 78 73.5
2022 70.9 81.7 91.3 73.4 6.8
2023 70.6 58.2 91 70.2 2.5
2024 71.5 81.2 91.5 74.7 30.4
2025 75 81 89.8 77.1 64.9

More economic indicators

Mauritius Rank
Services, % of GDP
64.4%
2024
48/191
Industry, % of GDP
17.8%
2024
144/194
Agriculture, forestry, and fishing, % of GDP
4.26%
2024
114/193
GNI, Atlas method
$16.2B
2024
138/194
GNI per capita, PPP
$34,340
2024
59/191
Total reserves including gold
$8.51B
2024
83/177
Net foreign direct investment
$963M
2024
29/188
Net inflows of foreign direct investment
$681M
2024
109/193
Net outflows of foreign direct investment
$38.3M
2024
107/187
Servicing debt to the IMF, % of GNI
12.6%
2023
11/119
Poverty at national poverty lines
8.4%
2023
158/176
Gross capital formation, % of GDP
21.2%
2024
110/176

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GDP per capita map

GDP per capita

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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.