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Economy of Mauritius vs Oman compared: GDP & Debt

Updated on by Georank

Mauritius has a GDP of $16.2B compared to $110B for Oman, ranking 144/197 and 70/197 by economy size, respectively.

Mauritius has $14B in government debt (86.5% of GDP), compared to $39.2B (35.8% of GDP) in Oman.

Mauritius vs Oman GDP by year

Mauritius
Oman
1x
Year GDP, current $
Mauritius Oman
2025 $16,157,804,492 $109,604,780,696
2024 $14,938,055,690 $107,137,198,700
2023 $14,072,212,290 $106,174,707,932
2022 $12,936,444,123 $109,852,795,839
2021 $11,622,048,697 $87,323,797,139
2020 $11,566,111,138 $75,909,492,848
2019 $14,645,235,205 $88,060,858,257
2018 $14,957,535,716 $91,505,851,756
2017 $13,896,938,315 $80,856,697,009
2016 $12,757,680,847 $75,128,738,622
2015 $12,162,211,503 $78,710,793,238
2014 $13,230,490,082 $92,699,089,727
2013 $12,434,596,541 $89,936,020,806
2012 $11,832,323,837 $87,408,842,653
2011 $11,677,718,382 $77,497,529,259
2010 $10,144,716,155 $64,993,498,049
2009 $9,264,482,256 $55,454,096,229
2008 $10,127,741,915 $69,804,681,404
2007 $8,277,474,850 $48,300,390,117
2006 $7,137,710,413 $42,577,633,290
2005 $6,576,108,447 $35,506,892,068
2004 $6,667,418,752 $28,378,933,680
2003 $5,894,873,920 $24,733,680,104
2002 $4,906,494,249 $23,065,539,662
2001 $4,675,755,867 $22,205,721,717
2000 $4,726,108,622 $22,259,557,867
1999 $4,402,193,195 $17,832,769,831
1998 $4,225,813,976 $16,044,213,264
1997 $4,243,755,308 $18,039,791,938
1996 $4,481,489,762 $17,402,080,624
1995 $4,094,741,652 $15,722,236,671
1994 $3,606,050,873 $14,715,214,564
1993 $3,307,302,126 $14,230,429,129
1992 $3,267,677,814 $14,183,615,085
1991 $2,895,354,736 $12,918,335,501
1990 $2,689,212,760 $13,310,273,082
1989 $2,211,312,823 $9,372,171,651
1988 $2,163,252,449 $8,386,215,865
1987 $1,906,174,438 $7,811,183,095
1986 $1,482,601,552 $7,324,167,369
1985 $1,090,611,325 $10,005,645,420
1984 $1,054,564,759 $8,821,443,151
1983 $1,104,956,573 $7,932,541,691
1982 $1,092,923,636 $7,554,719,456
1981 $1,157,769,444 $7,259,120,151
1980 $1,147,027,924 $5,981,760,278
1979 $1,227,446,632 $3,733,352,635
1978 $1,029,040,323 $2,740,301,390
1977 $834,722,972 $2,741,169,948
1976 $713,510,052 $2,560,220,035
1975 $673,311,287 $2,096,699,189
1974 $669,894,030 $1,645,917,776
1973 $404,285,775 $483,066,991
1972 $318,664,900 $366,883,548
1971 $251,437,338 $301,010,587
1970 $224,125,805 $256,319,795
1969 $221,553,613 $239,999,808
1968 $206,576,631 $188,879,849
1967 $238,439,291 $107,151,832
1966 $227,534,083 $67,759,973
1965 $230,024,161 $63,279,975
1964 $218,914,569 $61,872,526
1963 $253,839,558 $59,912,763
1962 $197,738,208 $56,273,202
1961 $191,757,729 $45,634,487
1960 $162,089,564 $44,234,656

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/mauritius/oman | CC BY

GDP per capita in Mauritius vs Oman by year

Mauritius
GDP per capita

GDP per capita, PPP
Oman
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mauritius Oman
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,991 - $19,947 -
2024 $11,991 $31,840 $20,285 $41,740
2023 $11,270 $29,561 $21,028 $41,945
2022 $10,247 $26,874 $23,224 $42,616
2021 $9,178 $23,010 $19,403 $38,719
2020 $9,136 $21,622 $16,785 $35,163
2019 $11,568 $24,375 $19,180 $37,251
2018 $11,819 $23,416 $19,902 $37,780
2017 $10,987 $22,898 $17,820 $33,619
2016 $10,095 $21,952 $17,110 $33,334
2015 $9,631 $20,270 $18,808 $36,058
2014 $10,490 $19,294 $23,161 $44,236
2013 $9,877 $18,435 $23,458 $47,013
2012 $9,422 $17,259 $24,642 $49,989
2011 $9,324 $16,884 $25,188 $52,393
2010 $8,113 $15,920 $23,570 $55,667
2009 $7,427 $15,105 $20,656 $55,127
2008 $8,140 $14,569 $26,577 $52,841
2007 $6,677 $13,612 $18,793 $48,627
2006 $5,784 $12,593 $16,931 $46,091
2005 $5,354 $11,703 $14,435 $43,673
2004 $5,461 $11,216 $11,801 $42,142
2003 $4,858 $10,535 $10,464 $40,935
2002 $4,073 $9,824 $9,869 $41,511
2001 $3,909 $9,586 $9,612 $41,679
2000 $3,982 $9,143 $9,754 $39,443
1999 $3,746 $8,344 $7,915 $36,792
1998 $3,642 $8,121 $7,219 $36,666
1997 $3,696 $7,651 $8,235 $36,809
1996 $3,952 $7,206 $8,068 $34,661
1995 $3,648 $6,771 $7,414 $33,598
1994 $3,240 $6,414 $7,068 $31,925
1993 $3,014 $6,116 $7,039 $30,987
1992 $3,013 $5,753 $7,318 $29,773
1991 $2,705 $5,351 $6,977 $28,109
1990 $2,540 $5,010 $7,546 $26,904
1989 $2,103 - $5,591 -
1988 $2,074 - $5,279 -
1987 $1,840 - $5,204 -
1986 $1,442 - $5,182 -
1985 $1,069 - $7,549 -
1984 $1,042 - $7,070 -
1983 $1,103 - $6,714 -
1982 $1,101 - $6,759 -
1981 $1,181 - $6,866 -
1980 $1,187 - $5,974 -
1979 $1,292 - $3,934 -
1978 $1,102 - $3,044 -
1977 $906 - $3,205 -
1976 $787 - $3,143 -
1975 $755 - $2,692 -
1974 $763 - $2,203 -
1973 $467 - $670 -
1972 $374 - $524 -
1971 $299.6 - $442 -
1970 $271.3 - $387 -
1969 $272.7 - $372 -
1968 $258.7 - $300 -
1967 $304 - $174.7 -
1966 $296 - $113.2 -
1965 $305 - $108.1 -
1964 $297.3 - $108.1 -
1963 $353 - $106.8 -
1962 $282.3 - $102.3 -
1961 $281.7 - $84.5 -
1960 $238.3 - $83.4 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/mauritius/oman | CC BY

Mauritius' GDP per capita is $12,991, ranking 80/197, compared to $19,947 in Oman, ranking 60/197. Adjusted for purchasing power (GDP per capita PPP), Mauritius ranks 71st at $31,840, while Oman ranks 55th at $41,740.

Economic indicators

Mauritius Oman
Gross domestic product
$16.2B
2025
$110B
2025
GDP rank
144/197
2025
70/197
2025
GDP growth
3.15%
2024-2025
2.4%
2024-2025
GDP per capita
$12,991
2025
$19,947
2025
GDP per capita rank
80/197
2025
60/197
2025
GDP per capita, PPP
$31,840
2024
$41,740
2024
GDP per capita PPP rank
71/197
2024
55/197
2024
Government debt
$14B
2025
$39.2B
2025
Debt-to-GDP ratio
86.5%
2025
35.8%
2025
Government debt per person
$11,233
2025
$7,132
2025
Government debt per person rank
55/185
2025
70/185
2025
Average annual personal income after taxes
$8,169
2026
$19,851
2026
Market capitalization of domestic companies
$8.89B
2025
$41.3B
2025
Number of billionaires n/a
2
2026
Income share by richest 10%
29.9%
2017
n/a
Income share by poorest 10%
2.9%
2017
n/a
Government expenditure, % of GDP
31.4%
2025
28.9%
2025
Consumer prices inflation
3.67%
2024-2025
1%
2024-2025
Central bank interest rate
4.5%
2025
4.5%
2025
Unemployment rate
5.21%
2024
3.3%
2024
Population
1240721
5775345

Spending and national debt comparison by year

Mauritius
Spending

Debt
Oman
Spending

Debt
1x
Year % of GDP
Mauritius Oman
Government spending Government debt Government spending Government debt
2025 31.4% 86.5% 28.9% 35.8%
2024 32.6% 86.1% 28.7% 35.5%
2023 28.5% 81.5% 27.5% 37.4%
2022 27.6% 81.8% 31.1% 41.7%
2021 28.3% 86.1% 36.5% 61.9%
2020 32.1% 91.9% 44.5% 67.9%
2019 30.2% 81.1% 38.8% 52.5%
2018 23.9% 63.1% 38.3% 44.7%
2017 23.6% 61.3% 39.4% 40.1%
2016 23.3% 62.6% 44.6% 29.3%
2015 23.7% 63% 44.5% 13.9%
2014 22.5% 59.1% 41.4% 4.04%
2013 23.4% 56.5% 39.3% 4.66%
2012 21.9% 54.2% 38.6% 4.59%
2011 23% 54.9% 34.5% 4.44%
2010 23.2% 54.4% 30.6% 5.46%
2009 24.5% 56.8% 33.4% 5.8%
2008 22.4% 48.8% 25.6% 3.2%
2007 20.4% 48.8% 30.7% 4.44%
2006 20.7% 55.3% 30.1% 7.56%
2005 21.8% 58.3% 30.6% 8.39%
2004 21.9% 59.4% 34.1% 14.5%
2003 22.2% 66.9% 34% 13%
2002 22% 63% 34.1% 15.9%
2001 21.5% 58.2% 33.3% 22.5%
2000 21.2% 56.9% 31.2% 21.7%
1999 25.9% - 34.2% 28.9%
1998 - - 36.1% 30.9%
1997 - - 32.1% 20.8%
1996 - - 33.5% 21.2%
1995 - - 38.2% 21.9%
1994 - - 39.7% 23.6%
1993 - - 40.1% 22.2%
1992 - - 40.1% 23.1%
1991 - - 37.4% 22.6%
1990 - - 36.5% 17.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/mauritius/oman | CC BY

In 2025, Mauritius' government spending was $5.07B, accounting for 31.4% of its GDP, while Oman spent $31.7B, or 28.9% of GDP.

Debt-to-GDP ratio is 86.5% in Mauritius and 35.8% in Oman, ranking 34/185 and 142/185, respectively.

Government deficit by year

Deficit/surplus
Mauritius

Oman
1x
Year Deficit/surplus, % of GDP
Mauritius Oman
2025 -3.69% 1.04%
2024 -6.84% 3.22%
2023 -4.48% 6.72%
2022 -3.15% 10.3%
2021 -4.08% -3.17%
2020 -10.5% -15.7%
2019 -8.19% -4.83%
2018 -2.15% -6.72%
2017 -1.62% -10.5%
2016 -2.74% -19.6%
2015 -3.48% -13.5%
2014 -3.05% -1.58%
2013 -3.3% 2.78%
2012 -1.73% 4.07%
2011 -3% 8.24%
2010 -2.96% 4.95%
2009 -3.32% -0.27%
2008 -2.63% 14.7%
2007 -2.92% 10.5%
2006 -3.86% 12.2%
2005 -4.2% 11.2%
2004 -4.22% 5.43%
2003 -4.55% 5.92%
2002 -4.89% 5.31%
2001 -5.32% 7.55%
2000 -4.19% 12.2%
1999 - 0.3%
1998 - -4.37%
1997 - 4.77%
1996 - 2.22%
1995 - -3.9%
1994 - -7.47%
1993 - -6.84%
1992 - -4.85%
1991 - 0.12%
1990 - 4.78%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/mauritius/oman | CC BY

In 2025, Mauritius' government deficit, the difference between spending and revenue, was $596M, equivalent to 3.69% of GDP. This compares to Oman's surplus of $1.14B, or 1.04% of GDP.

Over the past 26 years, Mauritius recorded a fiscal deficit in 26 of those years, while Oman ran a deficit in 9 years. On average, Mauritius posted an annual deficit equal to 4.04% of GDP, compared to surplus of 1.94% of GDP for Oman.

Inflation comparison by year

Inflation
Mauritius

Oman
1x
Year Consumer prices inflation
Mauritius Oman
2025 3.67% 1%
2024 3.6% 0.6%
2023 7.05% 1%
2022 10.8% 2.5%
2021 4.03% 1.7%
2020 2.58% -0.4%
2019 0.41% 0.5%
2018 3.22% 0.7%
2017 3.67% 1.5%
2016 0.98% 0.9%
2015 1.29% 0.1%
2014 3.22% 1.2%
2013 3.54% 1.3%
2012 3.85% 2.9%
2011 6.52% 4.1%
2010 2.93% 3.3%
2009 2.52% 3.5%
2008 9.73% 12.6%
2007 8.83% 5.9%
2006 8.91% 3.2%
2005 4.94% 1.9%
2004 4.71% 0.8%
2003 3.92% 0.2%
2002 6.42% -0.3%
2001 5.39% -0.8%
2000 4.2% -1.2%
1999 6.91% 0.5%
1998 6.81% 0.4%
1997 6.83% -0.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/mauritius/oman | CC BY

Over the past 29 years, Mauritius has recorded an average annual inflation rate of 4.88%, compared with 1.7% in Oman. In 2025, inflation was 3.67% in Mauritius and 1% in Oman.

Top exports between countries

Mauritius
Export category Export value
Textiles & consumer goods $1.31M
Processed food, beverages & tobacco $1.28M
Wood & paper products $326K
Machinery & equipment $132K
Animal & marine products $105K
Raw materials & minerals $93K
Metals $88K
Chemicals & pharma $48K
Raw agricultural goods $12K
Miscellaneous $11K
Oman
Export category Export value
Chemicals & pharma $12.7M
Metals $9.5M
Raw materials & minerals $4.86M
Wood & paper products $2.29M
Processed food, beverages & tobacco $867K
Textiles & consumer goods $643K
Machinery & equipment $128K
Animal & marine products $57K
Miscellaneous $19K
Raw agricultural goods $18K

Balance of trade

Mauritius Oman
Current account balance
-$1.05B
2024
$3.07B
2024
Current account balance ranking
119/190
2024
37/190
2024
Current account balance, % of GDP
-7.03%
2024
+2.86%
2024
Goods imports
$6.35B
2024
$39.5B
2024
Goods exports
$2.37B
2024
$65.2B
2024
Service imports
$2.28B
2024
$12.8B
2024
Service exports
$4.19B
2024
$5.64B
2024
Imports of goods and services, % of GDP
74.9%
2025
48.8%
2024
Exports of goods and services, % of GDP
65%
2025
66.1%
2024

Economic freedom indices

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

Mauritius Oman
Economic freedom 73 68.5
Economic freedom ranking 26/197 45/197
Property rights 83.9 71.8
Government integrity 53.4 49.4
Judicial effectiveness 80.7 28
Tax burden 89.6 97.6
Government spending 73.8 74.7
Fiscal health 45.5 97.5
Business freedom 81.5 67.8
Labor freedom 69.6 47.7
Monetary freedom 70.7 79.2
Trade freedom 87 78.4
Investment freedom 70 70
Financial freedom 70 60

Economic freedom comparison by year

Mauritius
Oman
1x
Year Economic freedom index
Mauritius Oman
2026 73 68.5
2025 75 65.4
2024 71.5 62.9
2023 70.6 58.5
2022 70.9 56.6
2021 77 64.6
2020 74.9 63.6
2019 73 61
2018 75.1 61
2017 74.7 62.1
2016 74.7 67.1
2015 76.4 66.7
2014 76.5 67.4
2013 76.9 68.1
2012 77 67.9
2011 76.2 69.8
2010 76.3 67.7
2009 74.3 67
2008 72.6 67.3
2007 69.4 65.8
2006 67.4 63.7
2005 67.2 66.5
2004 64.3 66.9
2003 64.4 64.6
2002 67.7 64
2001 66.4 67.7
2000 67.2 64.1
1999 68.5 64.9
1998 - 64.9
1997 - 64.5
1996 - 65.4
1995 - 70.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/mauritius/oman | CC BY

The Economic Freedom Index for Mauritius is 73, ranking 26/197, compared to 68.5 for Oman, ranking 45/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mauritius Oman
Services, % of GDP
63.9%
2025
47.2%
2025
Industry, % of GDP
17.7%
2025
52.7%
2025
Agriculture, forestry, and fishing, % of GDP
4.62%
2025
2.81%
2025
GNI, Atlas method
$17.5B
2025
$103B
2024
GNI per capita, PPP
$37,000
2025
$39,390
2024
Total reserves including gold
$10.3B
2025
$18.3B
2024
Total reserves ranking
77/177
2025
68/177
2024
Net foreign direct investment
$963M
2024
-$12.6B
2024
Net inflows of foreign direct investment
$681M
2024
$12.5B
2024
Net outflows of foreign direct investment
$38.3M
2024
-$143M
2024
Servicing debt to the IMF, % of GNI
10.1%
2024
n/a
Poverty at national poverty lines
8.4%
2023
n/a
Gross capital formation, % of GDP
19.9%
2025
24.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/mauritius/oman | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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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.