Skip to content

Economy of Mauritius vs Rwanda compared: GDP & Debt

Updated on by Georank

Mauritius has a GDP of $16.2B compared to $16.4B for Rwanda, ranking 144/197 and 142/197 by economy size, respectively.

Mauritius has $14B in government debt (86.5% of GDP), compared to $10.6B (64.6% of GDP) in Rwanda.

Mauritius vs Rwanda GDP by year

Mauritius
Rwanda
1x
Year GDP, current $
Mauritius Rwanda
2025 $16,157,804,492 $16,372,132,990
2024 $14,938,055,690 $15,111,064,182
2023 $14,072,212,290 $14,806,501,437
2022 $12,936,444,123 $13,747,404,814
2021 $11,622,048,697 $11,252,894,910
2020 $11,566,111,138 $10,487,146,253
2019 $14,645,235,205 $10,519,272,170
2018 $14,957,535,716 $9,650,161,136
2017 $13,896,938,315 $9,164,345,443
2016 $12,757,680,847 $8,596,812,241
2015 $12,162,211,503 $8,447,064,079
2014 $13,230,490,082 $8,129,984,484
2013 $12,434,596,541 $7,714,276,920
2012 $11,832,323,837 $7,556,673,276
2011 $11,677,718,382 $6,802,676,034
2010 $10,144,716,155 $6,052,276,078
2009 $9,264,482,256 $5,603,399,015
2008 $10,127,741,915 $5,120,655,375
2007 $8,277,474,850 $4,017,977,507
2006 $7,137,710,413 $3,274,207,945
2005 $6,576,108,447 $2,933,819,766
2004 $6,667,418,752 $2,376,496,067
2003 $5,894,873,920 $2,138,237,279
2002 $4,906,494,249 $1,966,003,468
2001 $4,675,755,867 $1,966,600,715
2000 $4,726,108,622 $2,068,836,754
1999 $4,402,193,195 $2,157,108,263
1998 $4,225,813,976 $1,989,343,546
1997 $4,243,755,308 $1,851,558,197
1996 $4,481,489,762 $1,382,334,879
1995 $4,094,741,652 $1,293,535,193
1994 $3,606,050,873 $753,636,370
1993 $3,307,302,126 $1,971,525,712
1992 $3,267,677,814 $2,029,026,962
1991 $2,895,354,736 $1,911,600,237
1990 $2,689,212,760 $2,550,185,679
1989 $2,211,312,823 $2,405,022,593
1988 $2,163,252,449 $2,395,492,687
1987 $1,906,174,438 $2,157,432,668
1986 $1,482,601,552 $1,944,710,684
1985 $1,090,611,325 $1,715,626,331
1984 $1,054,564,759 $1,587,413,084
1983 $1,104,956,573 $1,479,687,587
1982 $1,092,923,636 $1,407,243,139
1981 $1,157,769,444 $1,407,062,527
1980 $1,147,027,924 $1,254,765,642
1979 $1,227,446,632 $1,109,346,131
1978 $1,029,040,323 $905,709,076
1977 $834,722,972 $746,650,613
1976 $713,510,052 $637,753,853
1975 $673,311,287 $571,863,500
1974 $669,894,030 $308,458,423
1973 $404,285,775 $290,746,157
1972 $318,664,900 $246,457,838
1971 $251,437,338 $222,952,504
1970 $224,125,805 $219,900,006
1969 $221,553,613 $188,700,037
1968 $206,576,631 $172,200,018
1967 $238,439,291 $159,560,018
1966 $227,534,083 $124,525,703
1965 $230,024,161 $148,799,980
1964 $218,914,569 $129,999,994
1963 $253,839,558 $128,000,000
1962 $197,738,208 $125,000,008
1961 $191,757,729 $122,000,016
1960 $162,089,564 $119,000,024

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

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

GDP per capita in Mauritius vs Rwanda by year

Mauritius
GDP per capita

GDP per capita, PPP
Rwanda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mauritius Rwanda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,991 - $1,124 -
2024 $11,991 $31,840 $1,060 $3,711
2023 $11,270 $29,561 $1,061 $3,399
2022 $10,247 $26,874 $1,007 $3,099
2021 $9,178 $23,010 $843 $2,733
2020 $9,136 $21,622 $803 $2,285
2019 $11,568 $24,375 $823 $2,336
2018 $11,819 $23,416 $773 $2,125
2017 $10,987 $22,898 $751 $1,968
2016 $10,095 $21,952 $721 $1,866
2015 $9,631 $20,270 $726 $1,781
2014 $10,490 $19,294 $715 $1,678
2013 $9,877 $18,435 $695 $1,512
2012 $9,422 $17,259 $698 $1,455
2011 $9,324 $16,884 $643 $1,413
2010 $8,113 $15,920 $587 $1,314
2009 $7,427 $15,105 $557 $1,241
2008 $8,140 $14,569 $522 $1,191
2007 $6,677 $13,612 $421 $1,079
2006 $5,784 $12,593 $352 $1,002
2005 $5,354 $11,703 $324 $914
2004 $5,461 $11,216 $269.5 $832
2003 $4,858 $10,535 $249 $775
2002 $4,073 $9,824 $234 $760
2001 $3,909 $9,586 $237.3 $670
2000 $3,982 $9,143 $251.9 $609
1999 $3,746 $8,344 $264.7 $554
1998 $3,642 $8,121 $246.2 $528
1997 $3,696 $7,651 $238.7 $500
1996 $3,952 $7,206 $206 $499
1995 $3,648 $6,771 $228 $514
1994 $3,240 $6,414 $111 $311
1993 $3,014 $6,116 $247 $521
1992 $3,013 $5,753 $264.1 $575
1991 $2,705 $5,351 $254 $542
1990 $2,540 $5,010 $346 $549
1989 $2,103 - $335 -
1988 $2,074 - $344 -
1987 $1,840 - $320 -
1986 $1,442 - $297.7 -
1985 $1,069 - $271.6 -
1984 $1,042 - $259.9 -
1983 $1,103 - $250.6 -
1982 $1,101 - $246.4 -
1981 $1,181 - $254.6 -
1980 $1,187 - $234.4 -
1979 $1,292 - $213.8 -
1978 $1,102 - $179.9 -
1977 $906 - $152.7 -
1976 $787 - $134.4 -
1975 $755 - $124.1 -
1974 $763 - $68.9 -
1973 $467 - $66.9 -
1972 $374 - $58.4 -
1971 $299.6 - $54.4 -
1970 $271.3 - $55.2 -
1969 $272.7 - $48.9 -
1968 $258.7 - $46 -
1967 $304 - $44 -
1966 $296 - $35.4 -
1965 $305 - $43.5 -
1964 $297.3 - $39 -
1963 $353 - $39.3 -
1962 $282.3 - $39.2 -
1961 $281.7 - $39.3 -
1960 $238.3 - $39.4 -

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

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

Mauritius' GDP per capita is $12,991, ranking 80/197, compared to $1,124 in Rwanda, ranking 178/197. Adjusted for purchasing power (GDP per capita PPP), Mauritius ranks 71st at $31,840, while Rwanda ranks 168th at $3,711.

Economic indicators

Mauritius Rwanda
Gross domestic product
$16.2B
2025
$16.4B
2025
GDP rank
144/197
2025
142/197
2025
GDP growth
3.15%
2024-2025
9.38%
2024-2025
GDP per capita
$12,991
2025
$1,124
2025
GDP per capita rank
80/197
2025
178/197
2025
GDP per capita, PPP
$31,840
2024
$3,711
2024
GDP per capita PPP rank
71/197
2024
168/197
2024
Government debt
$14B
2025
$10.6B
2025
Debt-to-GDP ratio
86.5%
2025
64.6%
2025
Government debt per person
$11,233
2025
$726
2025
Government debt per person rank
55/185
2025
155/185
2025
Average annual personal income after taxes
$8,169
2026
$1,614
2026
Market capitalization of domestic companies
$8.89B
2025
$3.2B
2025
Income share by richest 10%
29.9%
2017
33.4%
2023
Income share by poorest 10%
2.9%
2017
3.1%
2023
Government expenditure, % of GDP
31.4%
2025
24.1%
2025
Consumer prices inflation
3.67%
2024-2025
5.91%
2024-2025
Central bank interest rate
4.5%
2025
6.75%
2025
Unemployment rate
5.21%
2024
5.36%
2025
Population
1240721
15062056

Spending and national debt comparison by year

Mauritius
Spending

Debt
Rwanda
Spending

Debt
1x
Year % of GDP
Mauritius Rwanda
Government spending Government debt Government spending Government debt
2025 31.4% 86.5% 24.1% 64.6%
2024 32.6% 86.1% 27.1% 63.4%
2023 28.5% 81.5% 26.2% 61.4%
2022 27.6% 81.8% 28.7% 59%
2021 28.3% 86.1% 31% 66.2%
2020 32.1% 91.9% 32.5% 66.7%
2019 30.2% 81.1% 27.7% 52.8%
2018 23.9% 63.1% 26.3% 49.2%
2017 23.6% 61.3% 25.3% 46.1%
2016 23.3% 62.6% 25.4% 41.5%
2015 23.7% 63% 26.9% 33.5%
2014 22.5% 59.1% 27.8% 29.5%
2013 23.4% 56.5% 26.5% 27%
2012 21.9% 54.2% 24.9% 19.3%
2011 23% 54.9% 25% 18.9%
2010 23.2% 54.4% 24.1% 19%
2009 24.5% 56.8% 22.6% 18.7%
2008 22.4% 48.8% 22.7% 18.5%
2007 20.4% 48.8% 22.7% 22.4%
2006 20.7% 55.3% 20.9% 22.8%
2005 21.8% 58.3% 20.2% 59.8%
2004 21.9% 59.4% 18.1% 82.1%
2003 22.2% 66.9% 18.8% 80.7%
2002 22% 63% 20.7% 93.4%
2001 21.5% 58.2% 19.3% 85.2%
2000 21.2% 56.9% 18.5% 87.2%
1999 25.9% - 22.7% 79.5%
1998 - - 16.6% 71.1%
1997 - - 17.2% 73.3%
1996 - - 19.8% 84.6%
1995 - - 18.3% 102.2%
1994 - - 13.5% -
1993 - - 20.6% -
1992 - - 21.8% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Mauritius' government spending was $5.07B, accounting for 31.4% of its GDP, while Rwanda spent $3.95B, or 24.1% of GDP.

Debt-to-GDP ratio is 86.5% in Mauritius and 64.6% in Rwanda, ranking 34/185 and 68/185, respectively.

Government deficit by year

Deficit/surplus
Mauritius

Rwanda
1x
Year Deficit/surplus, % of GDP
Mauritius Rwanda
2025 -3.69% -4.49%
2024 -6.84% -6.19%
2023 -4.48% -4.88%
2022 -3.15% -5.56%
2021 -4.08% -6.89%
2020 -10.5% -9.26%
2019 -8.19% -5%
2018 -2.15% -2.57%
2017 -1.62% -2.54%
2016 -2.74% -2.3%
2015 -3.48% -2.71%
2014 -3.05% -3.97%
2013 -3.3% -1.29%
2012 -1.73% -2.41%
2011 -3% -0.87%
2010 -2.96% -0.65%
2009 -3.32% 0.26%
2008 -2.63% 0.84%
2007 -2.92% -1.58%
2006 -3.86% -0.03%
2005 -4.2% 1.14%
2004 -4.22% 2.31%
2003 -4.55% -1.25%
2002 -4.89% -2.06%
2001 -5.32% -1.83%
2000 -4.19% -0.22%
1999 - -4.48%
1998 - -2.63%
1997 - -2.25%
1996 - -5.08%
1995 - -2.07%
1994 - -9.68%
1993 - -6.7%
1992 - -7.31%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Mauritius' government deficit, the difference between spending and revenue, was $596M, equivalent to 3.69% of GDP. This compares to Rwanda's deficit of $736M, or 4.49% of GDP.

Over the past 26 years, Mauritius recorded a fiscal deficit in 26 of those years, while Rwanda ran a deficit in 22 years. On average, Mauritius posted an annual deficit equal to 4.04% of GDP, compared to deficit of 2.46% of GDP for Rwanda.

Inflation comparison by year

Inflation
Mauritius

Rwanda
1x
Year Consumer prices inflation
Mauritius Rwanda
2025 3.67% 5.91%
2024 3.6% 1.77%
2023 7.05% 19.8%
2022 10.8% 17.7%
2021 4.03% -0.39%
2020 2.58% 9.85%
2019 0.41% 3.35%
2018 3.22% -0.31%
2017 3.67% 8.28%
2016 0.98% 7.17%
2015 1.29% 2.53%
2014 3.22% 2.35%
2013 3.54% 5.92%
2012 3.85% 10.3%
2011 6.52% 3.08%
2010 2.93% -0.25%
2009 2.52% 12.9%
2008 9.73% 15.4%
2007 8.83% 9.08%
2006 8.91% 8.88%
2005 4.94% 9.01%
2004 4.71% 12.3%
2003 3.92% 7.45%
2002 6.42% 1.99%
2001 5.39% 3.34%
2000 4.2% 3.9%
1999 6.91% -2.41%
1998 6.81% 6.21%
1997 6.83% 12%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Mauritius has recorded an average annual inflation rate of 4.88%, compared with 6.8% in Rwanda. In 2025, inflation was 3.67% in Mauritius and 5.91% in Rwanda.

Top exports between countries

Mauritius
Export category Export value
Processed food, beverages & tobacco $2.97M
Textiles & consumer goods $241K
Machinery & equipment $24K
Metals $11K
Chemicals & pharma $5K
Miscellaneous $5K
Wood & paper products $3K
Precious metals & jewellery $1K
Raw materials & minerals $1K
Rwanda
Export category Export value
Raw agricultural goods $301K
Machinery & equipment $60K
Precious metals & jewellery $26K
Chemicals & pharma $20K
Textiles & consumer goods $2K
Wood & paper products $1K

Balance of trade

Mauritius Rwanda
Current account balance
-$1.05B
2024
-$1.81B
2024
Current account balance ranking
119/190
2024
136/190
2024
Current account balance, % of GDP
-7.03%
2024
-12%
2024
Goods imports
$6.35B
2024
$5.55B
2024
Goods exports
$2.37B
2024
$3.2B
2024
Service imports
$2.28B
2024
$991M
2024
Service exports
$4.19B
2024
$1.08B
2024
Imports of goods and services, % of GDP
74.9%
2025
35.1%
2025
Exports of goods and services, % of GDP
65%
2025
21.6%
2025

Economic freedom indices

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

Mauritius Rwanda
Economic freedom 73 56.5
Economic freedom ranking 26/197 121/197
Property rights 83.9 60.3
Government integrity 53.4 53.9
Judicial effectiveness 80.7 27.5
Tax burden 89.6 80.6
Government spending 73.8 75.7
Fiscal health 45.5 37.5
Business freedom 81.5 60.1
Labor freedom 69.6 49.1
Monetary freedom 70.7 72.3
Trade freedom 87 61.8
Investment freedom 70 60
Financial freedom 70 40

Economic freedom comparison by year

Mauritius
Rwanda
1x
Year Economic freedom index
Mauritius Rwanda
2026 73 56.5
2025 75 54.8
2024 71.5 51.6
2023 70.6 52.2
2022 70.9 57.1
2021 77 68.3
2020 74.9 70.9
2019 73 71.1
2018 75.1 69.1
2017 74.7 67.6
2016 74.7 63.1
2015 76.4 64.8
2014 76.5 64.7
2013 76.9 64.1
2012 77 64.9
2011 76.2 62.7
2010 76.3 59.1
2009 74.3 54.2
2008 72.6 54.2
2007 69.4 52.4
2006 67.4 52.8
2005 67.2 51.7
2004 64.3 53.3
2003 64.4 47.8
2002 67.7 50.4
2001 66.4 45.4
2000 67.2 42.3
1999 68.5 39.8
1998 - 39.1
1997 - 38.3

Data sources: The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Mauritius is 73, ranking 26/197, compared to 56.5 for Rwanda, ranking 121/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mauritius Rwanda
Services, % of GDP
63.9%
2025
52.3%
2025
Industry, % of GDP
17.7%
2025
22%
2025
Agriculture, forestry, and fishing, % of GDP
4.62%
2025
20.3%
2025
GNI, Atlas method
$17.5B
2025
$16.7B
2025
GNI per capita, PPP
$37,000
2025
$4,070
2025
Total reserves including gold
$10.3B
2025
$1.96B
2025
Total reserves ranking
77/177
2025
128/177
2025
Net foreign direct investment
$963M
2024
-$560M
2024
Net inflows of foreign direct investment
$681M
2024
$573M
2024
Net outflows of foreign direct investment
$38.3M
2024
$13.2M
2024
Servicing debt to the IMF, % of GNI
10.1%
2024
2.91%
2024
Poverty at national poverty lines
8.4%
2023
27.4%
2023
Gross capital formation, % of GDP
19.9%
2025
34.1%
2025

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/rwanda | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2020–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.