Mauritius - Economic Forecasts - 2018-2020 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 0.20 0.9 0.9 0.9 0.7 0.9 percent
Unemployment Rate 7.00 6 6.4 7.2 6.3 6.5 percent
Inflation Rate 6.20 5.7 6 6.1 6.1 2 percent
Interest Rate 3.50 3.5 3.5 3.5 3.25 2.75 percent
Balance of Trade -11629.00 -10100 -10094 -9888 -9718 -8138 MUR Million
Government Debt to GDP 65.00 67 67 67 67 66 percent
MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Stock Market 2288.05
points
2233 2208 2184 2159 1975
Currency 32.00
33.44 33.95 34.46 34.97 37.12
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 0.20
percent
0.9 0.9 0.9 0.7 0.9
GDP Annual Growth Rate 3.70
percent
3.8 3.7 3.9 4 5
GDP 12.16
USD Billion
11.87 12.05 12.22 12.4 11.2
GDP Constant Prices 113515.00
MUR Million
111462 113265 112299 115352 113150
Gross Fixed Capital Formation 21314.00
MUR Million
19327 19046 20253 19638 19312
GDP per capita 9812.50
USD
9822 9911 10001 10090 11072
GDP per capita PPP 19548.60
USD
19556 19733 19911 20088 21575
Gdp From Construction 2724.00
MUR million
2814 2719 2914 2979 2954
Gdp From Manufacturing 7873.00
MUR million
7945 10430 11069 13069 12992
Gdp From Mining 107.00
MUR million
124 134 128 148 145
Gdp From Transport 4983.00
MUR million
5030 4447 4850 5526 5354
Gdp From Utilities 1041.00
MUR million
1042 910 803 977 954
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 7.00
percent
6 6.4 7.2 6.3 6.5
Unemployed Persons 40.60
Thousand
43.74 43.32 42.21 42.52 44.22
Employed Persons 542.40
Thousand
541 542 541 541 536
Labour Costs 129.70
Index Points
128 128 128 128 117
Productivity 124.40
Index Points
119 121 122 124 118
Job Vacancies 3799.00
3822 3833 3845 3856 3996
Wages 28162.00
MUR/Month
28089 28434 28780 29125 31052
Population 1.26
Million
1.27 1.27 1.27 1.27 1.27
Wages In Manufacturing 104.50
Index Points
96.71 98.68 102 106 112
Employment Rate 93.04
percent
92.79 92.56 92.2 91.76 84.82
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 6.20
percent
5.7 6 6.1 6.1 2
Consumer Price Index CPI 117.00
Index Points
119 119 119 119 119
Core Inflation Rate 2.20
percent
2.37 2.58 2.76 2.92 3.4
Producer Prices 106.20
Index Points
106 106 106 106 103
Food Inflation 12.10
percent
4.2 3.8 3.6 3.7 3
Inflation Rate Mom 2.60
percent
0.46 -0.12 0.64 0.13 0.28
Import Prices 87.30
Index points
90.71 91.43 92.58 93.48 98.24
Export Prices 102.70
Index points
103 104 104 104 102
CPI Transportation 105.00
Index Points
105 104 104 103 103
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 3.50
percent
3.5 3.5 3.5 3.25 2.75
Foreign Exchange Reserves 6103.30
USD Million
6309 6444 6493 6505 6337
Deposit Interest Rate 5.20
percent
6.11 5.98 5.85 5.72 6.86
Lending Rate 8.50
percent
8.57 8.62 8.68 8.74 9.27
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -11629.00
MUR Million
-10100 -10094 -9888 -9718 -8138
Exports 6288.00
MUR Million
6575 6771 6955 7127 8541
Imports 17917.00
MUR Million
49881 42104 40746 40394 29056
Current Account -6724.00
MUR Billion
-5101 -6311 -6259 -5783 -5180
Current Account to GDP -3.90
percent
-5.5 -5.5 -3.89 -5.5 -4.3
External Debt 45015.00
MUR Million
41162 40225 38735 37650 30249
Tourism Revenues 5511.00
MUR Million
6809 7496 8152 8778 12869
Tourist Arrivals 120974.00
116900 95300 85800 82100 79900
Gold Reserves 12.44
Tonnes
12.39 12.32 12.24 12.16 11.51
Terms Of Trade 15.40
Index points
2.4 44.29 24.1 55.62 110
Terrorism Index 0.00
0 0 0 0 0
Foreign Direct Investment 10592.00
MUR Million
11548 10929 10311 9692 20027
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 65.00
percent
67 67 67 67 66
Government Budget -3.50
percent of GDP
-4.02 -3.96 -3.89 -3.82 -4.09
Government Budget Value 1201.70
MUR Million
-28.13 -208 -230 -233 -233
Government Spending 17057.00
MUR Million
17259 17965 17361 17809 17356
Government Revenues 14043.30
MUR Million
8033 6759 6555 6507 6484
Fiscal Expenditure 12841.60
MUR Million
8002 7222 6921 6804 6718
Military Expenditure 22.90
USD Million
20.71 21.24 21.77 22.3 19.63
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 123.00
Index Points
123 121 119 116 102
Industrial Production 2.80
percent
2.25 2 1.98 2.05 2.15
Changes in Inventories -568.00
MUR Million
445 724 275 375 496
Internet Speed 5740.76
KBps
4541 4557 4183 3656 1658
IP Addresses 289734.00
IP
282356 280761 279607 278008 261466
Manufacturing Production 2.50
percent
1.87 1.48 1.49 1.66 1.79
Mining Production 0.80
percent
-6.2 -7.42 -6.88 -5.39 -3.98
Competitiveness Index 4.52
Points
4.47 4.47 4.47 4.47 4.44
Competitiveness Rank 45.00
46 46 46 46 48
Ease of Doing Business 25.00
28 20 13 6 37
Corruption Index 54.00
Points
52 52 52 53 51
Corruption Rank 50.00
45 45 45 45 43
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Spending 86538.00
MUR Million
81313 81702 84465 85529 83464
Bank Lending Rate 8.50
percent
8.57 8.62 8.68 8.74 9.27
HOUSING Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Home Ownership Rate 99.10
percent
99.09 99.09 99.09 99.09 98.92
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 15.00
percent
16 16 16 16 17
Personal Income Tax Rate 15.00
percent
16 16 16 16 18
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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 120.49
mm
279 155 98.76 112 165
Temperature 25.95
celsius
26.1 23.36 21.09 23.82 24.11