Mauritius | Economic Forecasts | 2017-2020 Outlook

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 Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 0.20 0.6 0.9 0.9 0.9 0.9 percent [+]
Unemployment Rate 7.20 6.9 6 6.4 7.3 6.5 percent [+]
Inflation Rate 3.50 5.1 5.7 6 6.1 2 percent [+]
Interest Rate 3.50 3.5 3.5 3.5 3.5 2.75 percent [+]
Balance of Trade -7962.00 -7833 -7769 -7679 -7597 -6998 MUR Million [+]
Government Debt to GDP 65.00 66.5 67 67 67 66 percent [+]
MARKETS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 33.88 33.61 33.27 32.93 32.59 28.86 [+]
Stock Market 2206.22 2200 2180 2160 2140 1890 points [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 0.20 0.6 0.9 0.9 0.9 0.9 percent [+]
GDP Annual Growth Rate 4.40 3.9 3.8 3.7 3.8 5 percent [+]
GDP 12.16 12.4 12.22 12.05 11.87 11.7 USD Billion [+]
GDP Constant Prices 113404.00 115247 109331 113138 108760 111625 MUR Million [+]
Gross Fixed Capital Formation 18902.00 19033 18772 18819 18965 18687 MUR Million [+]
GDP per capita 9812.50 10090 10159 10229 10298 10856 USD [+]
GDP per capita PPP 19548.60 20088 20225 20361 20498 21575 USD [+]
Gdp From Construction 2724.00 2995 2814 2719 2914 2957 MUR million [+]
Gdp From Manufacturing 7873.00 13091 7945 10430 11069 13019 MUR million [+]
Gdp From Mining 107.00 152 124 134 128 144 MUR million [+]
Gdp From Transport 4983.00 5602 5030 4447 4850 5405 MUR million [+]
Gdp From Utilities 1041.00 988 1042 910 803 960 MUR million [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 7.20 6.9 6 6.4 7.3 6.5 percent [+]
Unemployed Persons 42.60 41.95 43.85 43.69 43.9 44.41 Thousand [+]
Employed Persons 549.40 544 541 543 541 538 Thousand [+]
Productivity 124.40 124 123 123 122 120 Index Points [+]
Labour Costs 129.70 128 127 126 126 120 Index Points [+]
Job Vacancies 3799.00 3856 3864 3872 3880 3976 [+]
Wages 28162.00 29125 29363 29600 29838 31020 MUR/Month [+]
Population 1.26 1.26 1.27 1.27 1.27 1.27 Million [+]
Employment Rate 92.80 92.49 92.22 91.82 91.3 82.52 percent [+]
Wages In Manufacturing 102.50 97.47 98.81 99.88 102 115 Index Points [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 3.50 5.1 5.7 6 6.1 2 percent [+]
Consumer Price Index CPI 113.40 113 113 113 113 113 Index Points [+]
Core Inflation Rate 2.00 2.23 2.47 2.7 2.91 3.41 percent [+]
Producer Prices 105.20 105 105 105 104 102 Index Points [+]
Food Inflation 1.50 4.5 4.2 3.8 3.6 3 percent [+]
Inflation Rate Mom -1.00 0.66 0.51 0.48 0.49 0.49 percent [+]
Import Prices 85.30 88.06 89.26 89.99 91.06 96.43 Index points [+]
Export Prices 97.90 96.83 97.34 97.03 96.77 95.1 Index points [+]
CPI Transportation 102.90 103 102 102 102 102 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 3.50 3.5 3.5 3.5 3.5 2.75 percent [+]
Foreign Exchange Reserves 5485.70 5578 5605 5607 5599 5492 USD Million [+]
Deposit Interest Rate 5.20 5.72 5.98 6.25 6.51 6.81 percent [+]
Lending Rate 8.50 8.57 8.63 8.69 8.74 9.17 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -7962.00 -7833 -7769 -7679 -7597 -6998 MUR Million [+]
Exports 6781.00 7011 7183 7345 7498 8510 MUR Million [+]
Imports 14743.00 14804 14833 14862 14890 15096 MUR Million [+]
Current Account -7799.00 -5696 -5150 -6320 -6389 -5451 MUR Billion [+]
Current Account to GDP -3.90 -5 -5.5 -5.5 -3.8 -4.3 percent [+]
External Debt 46231.00 43583 42546 42068 40910 35316 MUR Million [+]
Tourism Revenues 4170.00 5425 6170 6881 7562 12474 MUR Million [+]
Tourist Arrivals 96282.00 89100 82900 80000 79100 78700 [+]
Gold Reserves 12.43 12.23 12.13 12.04 11.95 11.19 Tonnes [+]
Terms Of Trade 114.80 115 115 116 115 115 Index points [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
Foreign Direct Investment 10592.00 9692 10020 10347 10674 15291 MUR Million [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 65.00 66.5 67 67 67 66 percent [+]
Government Budget -3.50 -3.82 -3.84 -3.86 -3.88 -4.09 percent of GDP [+]
Government Budget Value -1598.80 -80.88 -250 -282 -286 -285 MUR Million [+]
Government Spending 18418.00 18535 17960 18441 18046 18032 MUR Million [+]
Government Revenues 6348.10 6734 6497 6392 6354 6338 MUR Million [+]
Fiscal Expenditure 7946.90 6952 6738 6666 6639 6624 MUR Million [+]
Military Expenditure 22.90 22.3 22.4 22.49 22.59 20.75 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 105.40 101 100 99.8 99.24 96.41 [+]
Industrial Production 3.10 2.58 2.26 1.99 1.96 2.15 percent [+]
Changes in Inventories 1170.00 419 530 681 636 525 MUR Million [+]
Manufacturing Production 2.60 2.3 1.87 1.53 1.53 1.8 percent [+]
Mining Production 1.90 -5.73 -7.63 -7.49 -6.08 -4.69 percent [+]
Competitiveness Index 4.52 4.47 4.47 4.47 4.47 4.46 Points [+]
Competitiveness Rank 45.00 46 46 46 46 47 [+]
Ease of Doing Business 49.00 55 57 58 60 63 [+]
Corruption Index 54.00 53 53 52 52 51 Points [+]
Corruption Rank 50.00 45 45 45 45 43 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Spending 81379.00 85204 80252 81131 80686 81542 MUR Million [+]
Bank Lending Rate 8.50 8.57 8.63 8.69 8.74 9.17 percent [+]
HOUSING Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Home Ownership Rate 99.10 99.09 99.09 99.09 99.08 98.95 percent [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 15.00 15.7 15.89 16.07 16.26 17.87 percent [+]
Personal Income Tax Rate 15.00 16.05 16.49 16.92 17.35 20.41 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]
Social Security Rate 9.00 9 9 9 9 9 percent [+]
Social Security Rate For Companies 6.00 6 6 6 6 6 percent [+]
Social Security Rate For Employees 3.00 3 3 3 3 3 percent [+]