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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 91.3%.

In 2026, 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 $968,988,710 -
1961 $191,757,729 $1,190,393,861 18.3%
1962 $197,738,208 $1,199,994,232 3.12%
1963 $253,839,558 $1,366,727,738 28.4%
1964 $218,914,569 $1,272,567,126 -13.8%
1965 $230,024,161 $1,313,250,841 5.07%
1966 $227,534,083 $1,266,391,365 -1.08%
1967 $238,439,291 $1,321,911,601 4.79%
1968 $206,576,631 $1,230,836,442 -13.4%
1969 $221,553,613 $1,291,553,246 7.25%
1970 $224,125,805 $1,286,356,771 1.16%
1971 $251,437,338 $1,341,330,044 12.2%
1972 $318,664,900 $1,453,282,307 26.7%
1973 $404,285,775 $1,627,410,035 26.9%
1974 $669,894,030 $1,770,814,578 65.7%
1975 $673,311,287 $1,786,859,757 0.51%
1976 $713,510,052 $2,211,282,621 5.97%
1977 $834,722,972 $2,356,068,983 17%
1978 $1,029,040,323 $2,446,325,417 23.3%
1979 $1,227,446,632 $2,532,351,080 19.3%
1980 $1,147,027,924 $2,277,564,692 -6.55%
1981 $1,157,769,444 $2,411,539,084 0.94%
1982 $1,092,923,636 $2,544,103,219 -5.6%
1983 $1,104,956,573 $2,553,867,368 1.1%
1984 $1,054,564,759 $2,673,857,908 -4.56%
1985 $1,090,611,325 $2,859,810,700 3.42%
1986 $1,482,601,552 $3,138,414,411 35.9%
1987 $1,906,174,438 $3,417,452,086 28.6%
1988 $2,163,252,449 $3,649,543,107 13.5%
1989 $2,211,312,823 $3,812,500,631 2.22%
1990 $2,689,212,760 $4,086,495,015 21.6%
1991 $2,895,354,736 $4,267,749,306 7.67%
1992 $3,267,677,814 $4,545,694,954 12.9%
1993 $3,307,302,126 $4,776,710,033 1.21%
1994 $3,606,050,873 $4,974,281,585 9.03%
1995 $4,094,741,652 $5,187,565,675 13.6%
1996 $4,481,489,762 $5,477,438,749 9.44%
1997 $4,243,755,308 $5,788,966,841 -5.3%
1998 $4,225,813,976 $6,140,469,444 -0.42%
1999 $4,402,193,195 $6,300,792,947 4.17%
2000 $4,726,108,622 $6,817,633,871 7.36%
2001 $4,675,755,867 $7,045,856,941 -1.07%
2002 $4,906,494,249 $7,159,641,800 4.93%
2003 $5,894,873,920 $7,583,882,472 20.1%
2004 $6,667,418,752 $7,912,266,089 13.1%
2005 $6,576,108,447 $8,052,910,022 -1.37%
2006 $7,137,710,413 $8,444,727,952 8.54%
2007 $8,277,442,915 $8,928,358,886 16%
2008 $10,127,777,060 $9,409,326,235 22.4%
2009 $9,264,513,545 $9,721,252,645 -8.52%
2010 $10,144,716,155 $10,146,771,629 9.5%
2011 $11,677,718,382 $10,560,510,104 15.1%
2012 $11,832,323,837 $10,929,718,038 1.32%
2013 $12,434,596,541 $11,297,000,949 5.09%
2014 $13,230,490,082 $11,729,333,766 6.4%
2015 $12,162,211,503 $12,162,211,503 -8.07%
2016 $12,757,680,847 $12,631,973,063 4.9%
2017 $13,896,938,315 $13,129,418,116 8.93%
2018 $14,957,535,716 $13,655,479,839 7.63%
2019 $14,645,235,205 $14,050,298,678 -2.09%
2020 $11,566,111,138 $12,006,466,621 -21%
2021 $11,622,048,697 $12,415,142,571 0.48%
2022 $12,936,444,123 $13,494,399,202 11.3%
2023 $14,072,212,290 $14,170,187,785 8.78%
2024 $14,937,861,786 $14,868,086,969 6.15%

Economic Statistics of Mauritius

Mauritius Rank
Gross domestic product
$14.9B
2024
143/197
GDP growth
6.15%
2023-2024
97/196
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
91.3%
2026
28/185
Government debt per person
$10,955
2024
52/185
Average annual personal income after taxes
$7,323
2026
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
30.8%
2026
90/195
Consumer prices inflation
3.6%
2023-2024
77/195
Central bank interest rate
4.5%
2025
70/105
Unemployment rate
5.57%
2023
88/196
Population
1239793
156/197

Mauritius' GDP per capita

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 $7,323, 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 $5,010
1991 $2,705 $5,351
1992 $3,013 $5,753
1993 $3,014 $6,116
1994 $3,240 $6,414
1995 $3,648 $6,771
1996 $3,952 $7,206
1997 $3,696 $7,651
1998 $3,642 $8,121
1999 $3,746 $8,344
2000 $3,982 $9,143
2001 $3,909 $9,586
2002 $4,073 $9,824
2003 $4,858 $10,535
2004 $5,461 $11,216
2005 $5,354 $11,703
2006 $5,784 $12,593
2007 $6,677 $13,612
2008 $8,141 $14,569
2009 $7,427 $15,105
2010 $8,113 $15,920
2011 $9,324 $16,884
2012 $9,422 $17,259
2013 $9,877 $18,435
2014 $10,490 $19,294
2015 $9,631 $20,270
2016 $10,095 $21,952
2017 $10,987 $22,898
2018 $11,819 $23,416
2019 $11,568 $24,375
2020 $9,136 $21,622
2021 $9,178 $23,010
2022 $10,247 $26,874
2023 $11,270 $29,561
2024 $11,991 $31,840

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 27 years, Mauritius recorded a fiscal deficit in 27 years — average annual deficit equal to -4.1% of GDP. In 2024, government spending reached $5.04B (30.8% of GDP), with a deficit of -2.43%.

The national debt reached $13.6B, ranking 115th out of 185 countries by total size, with a debt-to-GDP ratio of 91.3%, 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%
2026 30.8% 91.3% -2.43%

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
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

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
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
107/193
Net outflows of foreign direct investment
$38.3M
2024
103/193
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

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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.