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Economy of Mauritius vs Turkmenistan compared: GDP & Debt

Updated on by Georank team

Mauritius has a GDP of $14.9B compared to $51.4B for Turkmenistan, ranking 143/197 and 92/197 by economy size, respectively.

Mauritius has $13.6B in government debt (91.1% of GDP), compared to $2.11B (4.11% of GDP) in Turkmenistan.

Mauritius vs Turkmenistan GDP by year

Mauritius
Turkmenistan
1x
Year GDP, current $
Mauritius Turkmenistan
2024 $14,937,861,786 $51,387,209,872
2023 $14,072,212,290 $45,894,538,666
2022 $12,936,444,123 $42,208,726,138
2021 $11,622,048,697 $40,589,905,812
2020 $11,566,111,138 $41,509,903,182
2019 $14,645,235,205 $40,810,067,975
2018 $14,957,535,716 $40,765,428,571
2017 $13,896,938,315 $37,926,285,714
2016 $12,757,680,847 $36,169,428,571
2015 $12,162,211,503 $35,799,714,286
2014 $13,230,490,082 $43,524,210,526
2013 $12,434,596,541 $39,197,543,860
2012 $11,832,323,837 $35,164,210,526
2011 $11,677,718,382 $29,233,333,333
2010 $10,144,716,155 $22,583,157,895
2009 $9,264,513,545 $20,214,385,965
2008 $10,127,777,060 $19,271,523,179
2007 $8,277,442,915 $12,664,165,103
2006 $7,137,710,413 $10,276,674,365
2005 $6,576,108,447 $8,103,901,996
2004 $6,667,418,752 $6,838,351,088
2003 $5,894,873,920 $5,977,440,583
2002 $4,906,494,249 $4,462,029,109
2001 $4,675,755,867 $3,534,772,732
2000 $4,726,108,622 $2,904,663,311
1999 $4,402,193,195 $2,450,564,100
1998 $4,225,813,976 $2,605,689,134
1997 $4,243,755,308 $2,450,350,625
1996 $4,481,489,762 $2,378,759,975
1995 $4,094,741,652 $2,482,228,440
1994 $3,606,050,873 $2,561,118,608
1993 $3,307,302,126 $3,179,225,949
1992 $3,267,677,814 $3,200,539,816
1991 $2,895,354,736 $3,208,098,919
1990 $2,689,212,760 $3,189,539,641
1989 $2,211,312,823 $3,006,988,217
1988 $2,163,252,449 $3,010,982,414
1987 $1,906,174,438 $2,331,358,820
1986 $1,482,601,552 -
1985 $1,090,611,325 -
1984 $1,054,564,759 -
1983 $1,104,956,573 -
1982 $1,092,923,636 -
1981 $1,157,769,444 -
1980 $1,147,027,924 -
1979 $1,227,446,632 -
1978 $1,029,040,323 -
1977 $834,722,972 -
1976 $713,510,052 -
1975 $673,311,287 -
1974 $669,894,030 -
1973 $404,285,775 -
1972 $318,664,900 -
1971 $251,437,338 -
1970 $224,125,805 -
1969 $221,553,613 -
1968 $206,576,631 -
1967 $238,439,291 -
1966 $227,534,083 -
1965 $230,024,161 -
1964 $218,914,569 -
1963 $253,839,558 -
1962 $197,738,208 -
1961 $191,757,729 -
1960 $162,089,564 -

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

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

GDP per capita in Mauritius vs Turkmenistan by year

Mauritius
GDP per capita

GDP per capita, PPP
Turkmenistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mauritius Turkmenistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $11,991 $31,840 $6,857 $21,213
2023 $11,270 $29,561 $6,232 $19,829
2022 $10,247 $26,874 $5,838 $18,340
2021 $9,178 $23,010 $5,723 $16,434
2020 $9,136 $21,622 $5,973 $15,091
2019 $11,568 $24,375 $5,998 $15,478
2018 $11,819 $23,416 $6,125 $14,368
2017 $10,987 $22,898 $5,828 $13,278
2016 $10,095 $21,952 $5,687 $12,919
2015 $9,631 $20,270 $5,759 $12,715
2014 $10,490 $19,294 $7,164 $12,477
2013 $9,877 $18,435 $6,600 $11,723
2012 $9,422 $17,259 $6,054 $11,035
2011 $9,324 $16,884 $5,144 $10,283
2010 $8,113 $15,920 $4,059 $8,972
2009 $7,427 $15,105 $3,708 $8,285
2008 $8,141 $14,569 $3,606 $7,916
2007 $6,677 $13,612 $2,415 $6,901
2006 $5,784 $12,593 $1,997 $6,164
2005 $5,354 $11,703 $1,604 $5,489
2004 $5,461 $11,216 $1,379 $4,798
2003 $4,858 $10,535 $1,229 $4,536
2002 $4,073 $9,824 $936 $4,393
2001 $3,909 $9,586 $756 $4,401
2000 $3,982 $9,143 $634 $4,209
1999 $3,746 $8,344 $546 $3,981
1998 $3,642 $8,121 $591 $3,432
1997 $3,696 $7,651 $565 $3,222
1996 $3,952 $7,206 $558 $3,636
1995 $3,648 $6,771 $592 $3,405
1994 $3,240 $6,414 $622 $3,659
1993 $3,014 $6,116 $788 $4,422
1992 $3,013 $5,753 $811 $4,351
1991 $2,705 $5,351 $832 $5,117
1990 $2,540 $5,010 $848 $5,321
1989 $2,103 - $821 -
1988 $2,074 - $846 -
1987 $1,840 - $675 -
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/turkmenistan | CC BY

Mauritius' GDP per capita is $11,991, ranking 78/197, compared to $6,857 in Turkmenistan, ranking 104/197. Adjusted for purchasing power (GDP per capita PPP), Mauritius ranks 71st at $31,840, while Turkmenistan ranks 94th at $21,213.

Economic indicators

Mauritius Turkmenistan
Gross domestic product
$14.9B
2024
$51.4B
2024
GDP rank
143/197
2024
92/197
2024
GDP growth
4.93%
2023-2024
6.3%
2023-2024
GDP per capita
$11,991
2024
$6,857
2024
GDP per capita rank
78/197
2024
104/197
2024
GDP per capita, PPP
$31,840
2024
$21,213
2024
GDP per capita PPP rank
71/197
2024
94/197
2024
Government debt
$13.6B
2024
$2.11B
2024
Debt-to-GDP ratio
91.1%
2024
4.11%
2024
Government debt per person
$10,929
2024
$282
2024
Government debt per person rank
54/185
2024
179/185
2024
Average annual personal income after taxes
$7,203
2026
$7,520
2026
Market capitalization of domestic companies
$9.12B
2024
n/a
Income share by richest 10%
29.9%
2017
31.5%
1998
Income share by poorest 10%
2.9%
2017
2.4%
1998
Government expenditure, % of GDP
33.7%
2024
14.5%
2024
Consumer prices inflation
3.6%
2023-2024
4.6%
2023-2024
Central bank interest rate
4.5%
2025
n/a
Unemployment rate
5.21%
2024
4%
2010
Population
1240121
7776557

Spending and national debt comparison by year

Mauritius
Spending

Debt
Turkmenistan
Spending

Debt
1x
Year % of GDP
Mauritius Turkmenistan
Government spending Government debt Government spending Government debt
2024 33.7% 91.1% 14.5% 4.11%
2023 29.9% 85.6% 13.7% 5.46%
2022 29.4% 86.9% 13% 7.14%
2021 30.8% 93.8% 13.4% 12.3%
2020 32.6% 93.4% 13.5% 15.4%
2019 27.8% 74.6% 13.6% 17.7%
2018 24.3% 64.1% 13.7% 22.5%
2017 24.3% 63% 17.8% 24.7%
2016 24% 64.3% 14.1% 21.1%
2015 24.5% 65% 17.3% 19%
2014 23% 60.6% 17% 16%
2013 24.1% 58.2% 16.9% 20.4%
2012 22.5% 55.9% 14.7% 17.9%
2011 23.7% 56.5% 15.4% 14.8%
2010 24% 56.4% 14.6% 7.04%
2009 25.2% 58.4% 14.4% 3.09%
2008 22.7% 49.4% 11.7% 3.56%
2007 21.5% 51.6% 14.4% 3.06%
2006 22.2% 59.3% 16% 4.23%
2005 23% 61.7% 21.1% 6.82%
2004 22.6% 61.1% 20.3% 11.4%
2003 23.4% 70.8% 20.8% 16.9%
2002 23.3% 66.7% 19.4% 24.2%
2001 22.4% 60.5% 22.6% 34.1%
2000 22.2% 59.7% 25.9% 55.1%
1999 27.5% - 20.8% 66.7%
1998 26.6% - 26.1% 81.6%
1997 27.5% - 26.9% 64.2%
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/turkmenistan | CC BY

In 2024, Mauritius' government spending was $5.03B, accounting for 33.7% of its GDP, while Turkmenistan spent $7.46B, or 14.5% of GDP.

Debt-to-GDP ratio is 91.1% in Mauritius and 4.11% in Turkmenistan, ranking 30/185 and 183/185, respectively.

Government deficit by year

Deficit/surplus
Mauritius

Turkmenistan
1x
Year Deficit/surplus, % of GDP
Mauritius Turkmenistan
2024 -7.47% -0.08%
2023 -4.7% 0.11%
2022 -3.34% 3.38%
2021 -4.45% 0.57%
2020 -10.6% -0.16%
2019 -7.53% -0.4%
2018 -2.19% -0.22%
2017 -1.66% -2.84%
2016 -2.81% -2.38%
2015 -3.59% -0.7%
2014 -3.13% 0.89%
2013 -3.4% 1.53%
2012 -1.78% 7.53%
2011 -3.09% 3.84%
2010 -3.07% 2.13%
2009 -3.41% 7.53%
2008 -2.66% 10.7%
2007 -3.09% 4.19%
2006 -4.14% 5.64%
2005 -4.44% 0.86%
2004 -4.34% 1.47%
2003 -4.82% 3.99%
2002 -5.18% 0.19%
2001 -5.53% 0.77%
2000 -4.4% -0.55%
1999 - 2.48%
1998 - 1.15%
1997 - -0.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20).

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

In 2024, Mauritius' government deficit, the difference between spending and revenue, was $1.12B, equivalent to 7.47% of GDP. This compares to Turkmenistan's deficit of $42.9M, or 0.08% of GDP.

Over the past 25 years, Mauritius recorded a fiscal deficit in 25 of those years, while Turkmenistan ran a deficit in 8 years. On average, Mauritius posted an annual deficit equal to 4.19% of GDP, compared to surplus of 1.92% of GDP for Turkmenistan.

Inflation comparison by year

Inflation
Mauritius

Turkmenistan
1x
Year Consumer prices inflation
Mauritius Turkmenistan
2024 3.6% 4.6%
2023 7.05% -1.6%
2022 10.8% 11.2%
2021 4.03% 19.5%
2020 2.58% 6.1%
2019 0.41% 5.1%
2018 3.22% 13.3%
2017 3.67% 8%
2016 0.98% 3.6%
2015 1.29% 7.4%
2014 3.22% 6%
2013 3.54% 6.8%
2012 3.85% 5.3%
2011 6.52% 5.3%
2010 2.93% 4.4%
2009 2.52% -2.7%
2008 9.73% 14.5%
2007 8.83% 6.3%
2006 8.91% 8.2%
2005 4.94% 10.7%
2004 4.71% 5.9%
2003 3.92% 5.6%
2002 6.42% 8.8%
2001 5.39% 11.6%
2000 4.2% 8%
1999 6.91% 23.5%
1998 6.81% 16.8%
1997 6.83% 83.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Mauritius has recorded an average annual inflation rate of 4.92%, compared with 10.9% in Turkmenistan. In 2024, inflation was 3.6% in Mauritius and 4.6% in Turkmenistan.

Top exports between countries

Mauritius
Export category Export value
Turkmenistan
Export category Export value
Raw materials & minerals $102K

Balance of trade

Mauritius Turkmenistan
Current account balance
-$1.05B
2024
n/a
Current account balance ranking
126/190
2024
n/a
Current account balance, % of GDP
-7.03%
2024
n/a
Goods imports
$6.35B
2024
n/a
Goods exports
$2.37B
2024
n/a
Service imports
$2.28B
2024
n/a
Service exports
$4.19B
2024
n/a
Imports of goods and services, % of GDP
78.3%
2024
11.2%
2024
Exports of goods and services, % of GDP
67.1%
2024
17.6%
2024

Economic freedom indices

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

Mauritius Turkmenistan
Economic freedom 73 47
Economic freedom ranking 26/197 177/197
Property rights 83.9 17.4
Government integrity 53.4 8.4
Judicial effectiveness 80.7 12.3
Tax burden 89.6 94.2
Government spending 73.8 94.3
Fiscal health 45.5 99.9
Business freedom 81.5 37.5
Labor freedom 69.6 29.3
Monetary freedom 70.7 76.7
Trade freedom 87 74.2
Investment freedom 70 10
Financial freedom 70 10

Economic freedom comparison by year

Mauritius
Turkmenistan
1x
Year Economic freedom index
Mauritius Turkmenistan
2026 73 47
2025 75 47.1
2024 71.5 46.3
2023 70.6 46.5
2022 70.9 46.2
2021 77 47.4
2020 74.9 46.5
2019 73 48.4
2018 75.1 47.1
2017 74.7 47.4
2016 74.7 41.9
2015 76.4 41.4
2014 76.5 42.2
2013 76.9 42.6
2012 77 43.8
2011 76.2 43.6
2010 76.3 42.5
2009 74.3 44.2
2008 72.6 43.4
2007 69.4 43
2006 67.4 43.8
2005 67.2 47.6
2004 64.3 50.7
2003 64.4 51.3
2002 67.7 43.2
2001 66.4 41.8
2000 67.2 37.6
1999 68.5 36.1
1998 - 35

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Mauritius is 73, ranking 26/197, compared to 47 for Turkmenistan, ranking 177/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mauritius Turkmenistan
Services, % of GDP
64.4%
2024
50.4%
2024
Industry, % of GDP
17.8%
2024
37.5%
2024
Agriculture, forestry, and fishing, % of GDP
4.23%
2024
12.2%
2024
GNI, Atlas method
$16.2B
2024
$48.8B
2024
GNI per capita, PPP
$35,100
2024
$21,020
2024
Total reserves including gold
$8.51B
2024
$1.51B
1999
Total reserves ranking
83/177
2024
135/177
1999
Net foreign direct investment
$963M
2024
n/a
Net inflows of foreign direct investment
$681M
2024
$1.64B
2024
Net outflows of foreign direct investment
$38.3M
2024
$0
2024
Servicing debt to the IMF, % of GNI
10.1%
2024
1.91%
2024
Poverty at national poverty lines
8.4%
2023
0.2%
2020
Gross capital formation, % of GDP
21.2%
2024
47.2%
2012

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/turkmenistan | 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 (1998–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  8. TradeMap (2024, retrieved 2026-02-08)

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.