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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 $14.9B and 78/197 by GDP per capita at $11,991. Mauritius has $13.6B in government debt, with a debt-to-GDP ratio of 91.1%.

In 2024, Mauritius made up 0.01% of the world's economy, compared to 0.01% in 1960.

Mauritius GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2024 $14,937,861,786 4.93%
2023 $14,072,212,290 5.01%
2022 $12,936,444,123 8.69%
2021 $11,622,048,697 3.4%
2020 $11,566,111,138 -14.5%
2019 $14,645,235,205 2.89%
2018 $14,957,535,716 4.01%
2017 $13,896,938,315 3.94%
2016 $12,757,680,847 3.86%
2015 $12,162,211,503 3.69%
2014 $13,230,490,082 3.83%
2013 $12,434,596,541 3.36%
2012 $11,832,323,837 3.5%
2011 $11,677,718,382 4.08%
2010 $10,144,716,155 4.38%
2009 $9,264,513,545 3.32%
2008 $10,127,777,060 5.39%
2007 $8,277,442,915 5.73%
2006 $7,137,710,413 4.87%
2005 $6,576,108,447 1.78%
2004 $6,667,418,752 4.33%
2003 $5,894,873,920 5.93%
2002 $4,906,494,249 1.61%
2001 $4,675,755,867 3.35%
2000 $4,726,108,622 8.2%
1999 $4,402,193,195 2.61%
1998 $4,225,813,976 6.07%
1997 $4,243,755,308 5.69%
1996 $4,481,489,762 5.59%
1995 $4,094,741,652 4.29%
1994 $3,606,050,873 4.14%
1993 $3,307,302,126 5.08%
1992 $3,267,677,814 6.51%
1991 $2,895,354,736 4.44%
1990 $2,689,212,760 7.19%
1989 $2,211,312,823 4.47%
1988 $2,163,252,449 6.79%
1987 $1,906,174,438 8.89%
1986 $1,482,601,552 9.74%
1985 $1,090,611,325 6.95%
1984 $1,054,564,759 4.7%
1983 $1,104,956,573 0.38%
1982 $1,092,923,636 5.5%
1981 $1,157,769,444 5.88%
1980 $1,147,027,924 -10.1%
1979 $1,227,446,632 3.52%
1978 $1,029,040,323 3.83%
1977 $834,722,972 6.55%
1976 $713,510,052 23.8%
1975 $673,311,287 0.91%
1974 $669,894,030 8.81%
1973 $404,285,775 12%
1972 $318,664,900 8.35%
1971 $251,437,338 4.27%
1970 $224,125,805 -0.4%
1969 $221,553,613 4.93%
1968 $206,576,631 -6.89%
1967 $238,439,291 4.38%
1966 $227,534,083 -3.57%
1965 $230,024,161 3.2%
1964 $218,914,569 -6.89%
1963 $253,839,558 13.9%
1962 $197,738,208 0.81%
1961 $191,757,729 22.8%
1960 $162,089,564 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritius | CC BY

Mauritius GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2024 $11,991 $31,840
2023 $11,270 $29,561
2022 $10,247 $26,874
2021 $9,178 $23,010
2020 $9,136 $21,622
2019 $11,568 $24,375
2018 $11,819 $23,416
2017 $10,987 $22,898
2016 $10,095 $21,952
2015 $9,631 $20,270
2014 $10,490 $19,294
2013 $9,877 $18,435
2012 $9,422 $17,259
2011 $9,324 $16,884
2010 $8,113 $15,920
2009 $7,427 $15,105
2008 $8,141 $14,569
2007 $6,677 $13,612
2006 $5,784 $12,593
2005 $5,354 $11,703
2004 $5,461 $11,216
2003 $4,858 $10,535
2002 $4,073 $9,824
2001 $3,909 $9,586
2000 $3,982 $9,143
1999 $3,746 $8,344
1998 $3,642 $8,121
1997 $3,696 $7,651
1996 $3,952 $7,206
1995 $3,648 $6,771
1994 $3,240 $6,414
1993 $3,014 $6,116
1992 $3,013 $5,753
1991 $2,705 $5,351
1990 $2,540 $5,010
1989 $2,103 -
1988 $2,074 -
1987 $1,840 -
1986 $1,442 -
1985 $1,069 -
1984 $1,042 -
1983 $1,103 -
1982 $1,101 -
1981 $1,181 -
1980 $1,187 -
1979 $1,292 -
1978 $1,102 -
1977 $906 -
1976 $787 -
1975 $755 -
1974 $763 -
1973 $467 -
1972 $374 -
1971 $299.6 -
1970 $271.3 -
1969 $272.7 -
1968 $258.7 -
1967 $304 -
1966 $296 -
1965 $305 -
1964 $297.3 -
1963 $353 -
1962 $282.3 -
1961 $281.7 -
1960 $238.3 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritius | CC BY

Mauritius has a GDP per capita of $11,991, ranking 78/197, a GDP per capita based on purchasing power parity (PPP) of $31,840, ranking 71/197, and a median annual after tax income of $7,203, ranking 91/197.

Mauritius GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2024 138 73 65
2023 143 79 68
2022 143 77 67
2021 143 79 68
2020 139 70 66
2019 129 67 63
2018 130 64 64
2017 127 65 63
2016 127 66 62
2015 131 70 64
2014 134 71 66
2013 134 72 69
2012 134 74 70
2011 132 73 70
2010 131 76 69
2009 135 73 71
2008 130 73 72
2007 132 74 73
2006 128 75 73
2005 126 71 72
2004 118 66 69
2003 118 63 67
2002 121 68 69
2001 120 71 67
2000 119 70 70
1999 119 69 70
1998 119 70 67
1997 120 70 66
1996 117 65 68
1995 117 67 71
1994 115 65 70
1993 112 66 71
1992 115 65 73
1991 125 67 77
1990 126 69 84
1989 116 71 -
1988 116 71 -
1987 115 71 -
1986 115 78 -
1985 118 84 -
1984 117 90 -
1983 115 89 -
1982 118 87 -
1981 114 85 -
1980 114 82 -
1979 100 71 -
1978 100 73 -
1977 102 73 -
1976 107 72 -
1975 110 70 -
1974 99 69 -
1973 110 80 -
1972 109 83 -
1971 113 89 -
1970 113 90 -
1969 105 73 -
1968 104 73 -
1967 101 58 -
1966 99 58 -
1965 96 56 -
1964 96 54 -
1963 90 43 -
1962 93 53 -
1961 90 48 -
1960 94 57 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritius | CC BY

Compared with 2000, in 2024 Mauritius is ranked 138th out of 182 by GDP (down from 119th), 73rd by GDP per capita (down from 70th), and 65th by GDP per capita PPP (up from 70th).

Economic indicators

Mauritius Rank
Gross domestic product
$14.9B
2024
143/197
GDP growth
4.93%
2023-2024
43/194
GDP per capita
$11,991
2024
78/197
GDP per capita, PPP
$31,840
2024
71/197
Government debt
$13.6B
2024
115/185
Debt-to-GDP ratio
91.1%
2024
30/185
Government debt per person
$10,929
2024
54/185
Average annual personal income after taxes
$7,203
2026
91/197
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
33.7%
2024
76/195
Consumer prices inflation
3.6%
2023-2024
80/195
Central bank interest rate
4.5%
2025
66/106
Unemployment rate
5.21%
2024
98/196
Population
1240121
156/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2024 33.7% 91.1% -7.47%
2023 29.9% 85.6% -4.7%
2022 29.4% 86.9% -3.34%
2021 30.8% 93.8% -4.45%
2020 32.6% 93.4% -10.6%
2019 27.8% 74.6% -7.53%
2018 24.3% 64.1% -2.19%
2017 24.3% 63% -1.66%
2016 24% 64.3% -2.81%
2015 24.5% 65% -3.59%
2014 23% 60.6% -3.13%
2013 24.1% 58.2% -3.4%
2012 22.5% 55.9% -1.78%
2011 23.7% 56.5% -3.09%
2010 24% 56.4% -3.07%
2009 25.2% 58.4% -3.41%
2008 22.7% 49.4% -2.66%
2007 21.5% 51.6% -3.09%
2006 22.2% 59.3% -4.14%
2005 23% 61.7% -4.44%
2004 22.6% 61.1% -4.34%
2003 23.4% 70.8% -4.82%
2002 23.3% 66.7% -5.18%
2001 22.4% 60.5% -5.53%
2000 22.2% 59.7% -4.4%
1999 27.5% - -
1998 26.6% - -
1997 27.5% - -
1996 27.4% - -
1995 27.3% - -
1994 27.5% - -
1993 24.5% - -
1992 26.8% - -
1991 27.2% - -
1990 30.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/mauritius | CC BY

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

Over the past 25 years, Mauritius recorded a fiscal deficit in 25 of them, with an average annual deficit equal to 4.19% of GDP. In 2024, government spending reached $5.03B (33.7% of GDP), with a deficit of 7.47%.

The national debt reached $13.6B, ranking 115th out of 185 countries by total size, with a debt-to-GDP ratio of 91.1%, ranking 30th.

Inflation rate by year

1x
Year Inflation
2024 3.6%
2023 7.05%
2022 10.8%
2021 4.03%
2020 2.58%
2019 0.41%
2018 3.22%
2017 3.67%
2016 0.98%
2015 1.29%
2014 3.22%
2013 3.54%
2012 3.85%
2011 6.52%
2010 2.93%
2009 2.52%
2008 9.73%
2007 8.83%
2006 8.91%
2005 4.94%
2004 4.71%
2003 3.92%
2002 6.42%
2001 5.39%
2000 4.2%
1999 6.91%
1998 6.81%
1997 6.83%
1996 6.55%
1995 6.03%
1994 7.32%
1993 10.5%
1992 4.64%
1991 7%
1990 13.5%
1989 12.7%
1988 9.16%
1987 0.52%
1986 1.63%
1985 6.7%
1984 7.39%
1983 5.59%
1982 11.4%
1981 14.5%
1980 42%
1979 14.5%
1978 8.55%
1977 9.17%
1976 13%
1975 14.7%
1974 29.1%
1973 13.5%
1972 5.4%
1971 0.32%
1970 1.54%
1969 2.32%
1968 6.98%
1967 1.88%
1966 2.5%
1965 1.79%
1964 1.9%

Data sources: World Bank | Economy & Growth (1964–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritius | CC BY

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 above shows consumer price inflation by year.

Balance of trade

Mauritius Rank
Current account balance
-$1.05B
2024
126/190
Current account balance, % of GDP
-7.03%
2024
147/190
Goods imports
$6.35B
2024
127/189
Goods exports
$2.37B
2024
137/189
Service imports
$2.28B
2024
117/189
Service exports
$4.19B
2024
99/189
Imports of goods and services, % of GDP
78.3%
2024
24/181
Exports of goods and services, % of GDP
67.1%
2024
33/193

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

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

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 73 26/197
Property rights 83.9 34/182
Government integrity 53.4 57/182
Judicial effectiveness 80.7 30/182
Tax burden 89.6 30/182
Government spending 73.8 93/180
Fiscal health 45.5 135/181
Business freedom 81.5 26/182
Labor freedom 69.6 10/182
Monetary freedom 70.7 126/180
Trade freedom 87 4/181
Investment freedom 70 36/181
Financial freedom 70 32/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 73 80.7 89.6 73.8 45.5
2025 75 81 89.8 77.1 64.9
2024 71.5 81.2 91.5 74.7 30.4
2023 70.6 58.2 91 70.2 2.5
2022 70.9 81.7 91.3 73.4 6.8
2021 77 73.6 91.6 78 73.5
2020 74.9 62.6 91.5 82.1 79.3
2019 73 62.1 92.1 80.3 73.6
2018 75.1 69.6 91 80.7 73.7
2017 74.7 72.6 92 81.5 74.9
2016 74.7 - 92 81.5 -
2015 76.4 - 91.9 87.4 -
2014 76.5 - 92.2 81.8 -
2013 76.9 - 92.1 81.9 -
2012 77 - 91.9 83.4 -
2011 76.2 - 91.9 80 -
2010 76.3 - 92.5 83.4 -
2009 74.3 - 92.2 80.8 -
2008 72.6 - 92.1 81.4 -
2007 69.4 - 81.3 79.7 -
2006 67.4 - 81.7 79.1 -
2005 67.2 - 84.5 82 -
2004 64.3 - 85 82.9 -
2003 64.4 - 84.9 81.5 -
2002 67.7 - 84.2 84.1 -
2001 66.4 - 75.9 84.1 -
2000 67.2 - 76 82.7 -
1999 68.5 - 76 85.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1999–2026, retrieved 2026-03-09).

GeoRank.org/economy/mauritius | CC BY

Mauritius is ranked 21/174 for economic freedom with a score of 73, compared to 35/162 and a score of 67.4 in 2006.

Other economic metrics

Mauritius Rank
Services, % of GDP
64.4%
2024
49/191
Industry, % of GDP
17.8%
2024
142/194
Agriculture, forestry, and fishing, % of GDP
4.23%
2024
114/193
GNI, Atlas method
$16.2B
2024
137/194
GNI per capita, PPP
$35,100
2024
58/191
Total reserves including gold
$8.51B
2024
83/177
Net foreign direct investment
$963M
2024
29/189
Net inflows of foreign direct investment
$681M
2024
108/193
Net outflows of foreign direct investment
$38.3M
2024
105/193
Servicing debt to the IMF, % of GNI
10.1%
2024
17/121
Poverty at national poverty lines
8.4%
2023
158/176
Gross capital formation, % of GDP
21.2%
2024
108/178

Compare Mauritius vs other countries

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/mauritius | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1999–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, 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.