This page has economic forecasts for Mauritius including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Mauritius economy.


Overview Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Growth Rate 0.30 0.7 1 0.9 0.9 0.9 percent
Unemployment Rate 7.00 7 7 6.9 6.8 6.5 percent
Inflation Rate 2.80 1.7 2 2.5 2.8 2 percent
Interest Rate 3.50 3.5 3.25 3.25 3.25 2.75 percent
Balance of Trade -9617.00 -9387 -9364 -9350 -9355 -9359 MUR Million
Government Debt to GDP 64.90 67 68 68 68 66 percent
MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Stock Market 2239.82
points
2244 2236 2228 2221 2190
Currency 34.35
34.48 34.71 34.94 35.18 36.13
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Growth Rate 0.30
percent
0.7 1 0.9 0.9 0.9
GDP Annual Growth Rate 3.70
percent
3.9 3.9 3.9 3.9 5
GDP 13.34
USD Billion
14 14.7 14.7 14.7 15.5
GDP Constant Prices 120507.00
MUR Million
129739 117267 125207 117160 141675
Gross Fixed Capital Formation 21080.00
MUR Million
20940 19875 21902 22059 22866
GDP per capita 10186.10
USD
10307 10830 10830 10830 10980
GDP per capita PPP 20292.74
USD
20887 21575 21575 21345 22560
GDP From Construction 4515.00
MUR million
4868 4547 4691 5000 5316
GDP From Manufacturing 13273.00
MUR million
17114 10690 13791 15129 18689
GDP From Mining 269.00
MUR million
289 205 279 257 315
GDP From Transport 6540.00
MUR million
6934 6947 6795 6802 7572
GDP From Utilities 1988.00
MUR million
1860 2307 2066 1708 2031
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 7.00
percent
7 7 6.9 6.8 6.5
Unemployed Persons 40.50
Thousand
39.19 40.2 39.93 39.26 39.33
Employed Persons 541.50
Thousand
544 538 542 538 542
Labour Costs 132.30
Index Points
135 135 136 136 142
Productivity 127.50
Index Points
129 130 131 132 138
Job Vacancies 4106.00
4639 4572 4505 4438 4941
Wages 27574.00
MUR/Month
28000 29000 27550 27565 30000
Population 1.26
Million
1.27 1.26 1.26 1.26 1.27
Wages In Manufacturing 116.50
Index Points
112 114 136 138 120
Employment Rate 93.04
percent
92.93 92.92 92.88 92.83 92.53
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 2.80
percent
1.7 2 2.5 2.8 2
Consumer Price Index CPI 102.40
Index Points
102 108 105 105 107
Core Inflation Rate 1.80
percent
1.91 1.97 1.99 1.99 1.95
Producer Prices 108.60
Index Points
105 105 105 105 105
Food Inflation 3.90
percent
2.7 -2 3.5 3.8 3
Inflation Rate Mom 0.40
percent
0.51 0.06 0.29 0.23 0.23
Import Prices 93.90
Index points
95.09 94 95.8 95.04 95.59
Export Prices 99.60
Index points
98.01 98.69 98.49 98.28 98.38
Cpi Housing Utilities 97.40
Index Points
97.47 97.45 97.45 97.45 97.45
CPI Transportation 105.70
Index Points
106 107 109 108 112
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 3.50
percent
3.5 3.25 3.25 3.25 2.75
Foreign Exchange Reserves 6326.70
USD Million
6231 6129 6079 6053 6025
Deposit Interest Rate 3.10
percent
3.1 2.85 2.85 2.85 2.35
Lending Rate 8.50
percent
8.5 8.25 8.25 8.25 7.75
Money Supply M1 113970.00
MUR Million
115849 117617 119359 121091 136266
Money Supply M2 401094.00
MUR Million
406068 410956 415784 420590 463337
Money Supply M3 537076.40
MUR Million
546062 554176 562267 570311 640673
Banks Balance Sheet 1331805.47
MUR Million
1340416 1343089 1346496 1349783 1377181
Central Bank Balance Sheet 226356.64
MUR Million
225456 221982 222741 221490 221767
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -9617.00
MUR Million
-9387 -9364 -9350 -9355 -9359
Exports 6793.00
MUR Million
6674 6700 6719 6714 6711
Imports 16410.00
MUR Million
16089 16064 16069 16069 16069
Current Account -7886.05
MUR Million
-9231 -4565 -7197 -6057 -7092
Current Account to GDP -5.80
percent
-5.5 -5 -5 -5 -4.3
External Debt 44544.00
MUR Million
43886 43686 43553 43436 42972
Tourism Revenues 4501.00
MUR Million
4426 4396 4379 4370 4358
Tourist Arrivals 134052.00
118700 112300 111900 113500 112300
Gold Reserves 12.40
Tonnes
12.46 12.52 12.57 12.6 12.78
Terms Of Trade 106.10
Index points
103 105 103 103 103
Terrorism Index 0.00
0 0 0 0 0
Foreign Direct Investment 12330.00
MUR Million
12781 12699 12617 12535 12517
Capital Flows 8867.00
MUR Million
6191 5766 6211 6286 6118
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 64.90
percent
67 68 68 68 66
Government Budget -3.20
percent of GDP
-3.2 -3.2 -3.2 -3.2 -3.2
Government Budget Value -1215.90
MUR Million
-191 -1246 -495 -932 -728
Government Spending 19714.00
MUR Million
18191 18293 20483 17545 19864
Government Revenues 7018.00
MUR Million
9762 7868 8790 8312 8525
Fiscal Expenditure 8233.90
MUR Million
9482 9114 9285 9244 9253
Military Expenditure 22.20
USD Million
22.35 22.48 22.61 22.74 22.76
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence 136.30
Index Points
148 152 157 161 184
Industrial Production 1.30
percent
2.19 2.31 2.26 2.16 2.11
Changes in Inventories 952.00
MUR Million
840 708 781 745 759
Internet Speed 5740.76
KBps
5489 5770 5644 5530 5600
IP Addresses 289734.00
IP
328976 335223 341435 347596 403185
Manufacturing Production 1.00
percent
1.36 1.62 1.69 1.6 1.47
Mining Production 2.20
percent
-1.42 -2.68 -3.04 -2.76 -1.94
Competitiveness Index 63.74
Points
64.24 64.24 64.24 64.24 66.74
Competitiveness Rank 49.00
49 49 49 49 49
Ease of Doing Business 20.00
20 21 21 21 21
Corruption Index 50.00
Points
50 50 50 50 50
Corruption Rank 54.00
54 54 54 54 54
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Spending 87320.00
MUR Million
98471 86929 90725 90472 107531
Bank Lending Rate 8.50
percent
8.5 8.25 8.25 8.25 7.75
HOUSING Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Home Ownership Rate 99.10
percent
99.09 99.09 99.09 99.09 99.06
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 15.00
percent
15 15 15 15 15
Personal Income Tax Rate 15.00
percent
15 15 15 15 15
Sales Tax Rate 15.00
percent
15 15 15 15 15
Social Security Rate 9.00
percent
9 9 9 9 9
Social Security Rate For Companies 6.00
percent
6 6 6 6 6
Social Security Rate For Employees 3.00
percent
3 3 3 3 3
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 120.49
mm
112 279 145 145 165
Temperature 25.95
celsius
23.82 26.16 23.18 23.17 24.11



Mauritius - Economic Forecasts - 2018-2020 Outlook