GDP Annual Growth Rate in Mauritania decreased to -3.60 percent in 2020 from 6.70 percent in 2019. source: Central Bank of Mauritania

GDP Annual Growth Rate in Mauritania averaged 3.52 percent from 1993 until 2020, reaching an all time high of 11.40 percent in 2006 and a record low of -4 percent in 1997. This page provides - Mauritania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mauritania GDP Annual Growth Rate - values, historical data and charts - was last updated on December of 2021.

GDP Annual Growth Rate in Mauritania is expected to reach 2.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mauritania GDP Annual Growth Rate is projected to trend around 3.50 percent in 2022 and 5.00 percent in 2023, according to our econometric models.

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Mauritania GDP Annual Growth Rate

Related Last Previous Unit Reference
GDP Annual Growth Rate -3.60 6.70 percent Dec/20
Mauritania GDP Annual Growth Rate
Mauritania is a poor African country, where more than half of population rely on livestock and drought-prone subsistence agriculture. Mauritania’s economy depends on iron ore exports and foreign assistance. A rich coastal fauna, an expanding mining industry and recently found oil reserves led Mauritania’s recent economic expansion. However, presence of active terrorist groups in the region and unstable government are Mauritania’s major obstacles to growth.