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 Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 0.20 0.9 0.9 0.7 1 0.9 percent
Unemployment Rate 6.70 7.1 6.8 7 7 6.5 percent
Inflation Rate 3.70 5.2 4.7 4 3.7 2 percent
Interest Rate 3.50 3.5 3.5 3.25 3.25 2.75 percent
Balance of Trade -6501.00 -17695 -22350 -20768 -21052 -20981 MUR Million
Government Debt to GDP 64.90 67 67 67 68 66 percent
MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Stock Market 2275.39
points
2261 2234 2209 2183 2085
Currency 34.50
34.09 34.75 35.41 36.09 38.94
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 0.20
percent
0.9 0.9 0.7 1 0.9
GDP Annual Growth Rate 3.80
percent
3.7 3.8 3.9 3.8 5
GDP 12.16
USD Billion
12.35 12.47 12.6 12.6 12.6
GDP Constant Prices 125465.00
MUR Million
115502 115672 130358 111332 142625
Gross Fixed Capital Formation 20216.00
MUR Million
19252 21719 21004 19294 22981
GDP per capita 9812.50
USD
9905 10607 10083 10830 11036
GDP per capita PPP 19548.60
USD
19733 19911 20088 21575 21986
Gdp From Construction 2724.00
MUR million
2774 2776 3237 2828 3541
Gdp From Manufacturing 7873.00
MUR million
8019 8023 14141 8172 15472
Gdp From Mining 107.00
MUR million
109 109 165 111 181
Gdp From Transport 4983.00
MUR million
5075 5078 6145 5172 6723
Gdp From Utilities 1041.00
MUR million
1060 1061 1083 1081 1185
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 6.70
percent
7.1 6.8 7 7 6.5
Unemployed Persons 39.60
Thousand
41.85 40.28 40.05 42.17 40.79
Employed Persons 548.00
Thousand
548 543 548 543 547
Labour Costs 132.30
Index Points
130 130 129 129 129
Productivity 127.50
Index Points
122 124 125 125 125
Job Vacancies 3799.00
3675 3714 3752 3906 4374
Wages 27574.00
MUR/Month
28000 28000 28000 29000 30000
Population 1.26
Million
1.27 1.27 1.27 1.26 1.27
Wages In Manufacturing 104.30
Index Points
110 111 112 114 120
Employment Rate 93.26
percent
94.03 94.38 94.76 95.09 98.42
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 3.70
percent
5.2 4.7 4 3.7 2
Consumer Price Index CPI 117.61
Index Points
122 120 119 124 125
Core Inflation Rate 1.60
percent
2.12 2.22 2.28 2.29 2.29
Producer Prices 107.60
Index Points
106 105 105 105 105
Food Inflation 15.40
percent
3.8 3.6 3.7 3.38 3
Inflation Rate Mom 0.60
percent
-0.63 0.83 0.15 0.21 0.28
Import Prices 91.20
Index points
87.72 87.57 87.6 87.59 87.59
Export Prices 99.00
Index points
101 99.82 100 100 97.83
CPI Transportation 104.70
Index Points
109 108 109 109 115
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 3.50
percent
3.5 3.5 3.25 3.25 2.75
Foreign Exchange Reserves 6276.10
USD Million
6461 6252 5856 5471 5530
Deposit Interest Rate 3.10
percent
5.74 5.59 5.45 5.61 5.64
Lending Rate 8.50
percent
8.5 8.5 8.25 8.25 7.75
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -6501.00
MUR Million
-17695 -22350 -20768 -21052 -20981
Exports 6022.00
MUR Million
6000 6357 6739 6889 6745
Imports 12523.00
MUR Million
23695 28707 27284 27941 27726
Current Account -10649.00
MUR Billion
-8449 -7407 -9399 -8190 -8458
Current Account to GDP -5.80
percent
-5.5 -5.5 -5.5 -5 -4.3
External Debt 45015.00
MUR Million
39917 38284 37082 36158 29382
Tourism Revenues 6060.00
MUR Million
4503 4503 4503 4503 4503
Tourist Arrivals 104967.00
101700 118500 112200 107400 112700
Gold Reserves 12.40
Tonnes
12.5 12.63 12.75 12.84 13.34
Terms Of Trade 108.60
Index points
115 114 114 114 112
Terrorism Index 0.00
0 0 0 0 0
Foreign Direct Investment 12330.00
MUR Million
14603 14742 14881 13995 14162
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 64.90
percent
67 67 67 68 66
Government Budget -3.20
percent of GDP
-3.57 -3.53 -3.48 -3.49 -3.77
Government Budget Value -3230.30
MUR Million
964 -507 60.1 -225 11.84
Government Spending 17508.00
MUR Million
18759 17381 18191 17352 19903
Government Revenues 6935.40
MUR Million
9828 8248 8944 8607 8845
Fiscal Expenditure 10165.70
MUR Million
8864 8755 8848 8832 8834
Military Expenditure 22.20
USD Million
21.93 22.84 23.76 23.54 24.32
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 128.10
Index Points
114 114 114 114 114
Industrial Production 1.90
percent
2.59 1.9 2.6 2.6 2.6
Changes in Inventories -2157.00
MUR Million
-158 -795 -1320 -602 -809
Internet Speed 5740.76
KBps
5861 5640 5489 5770 5600
IP Addresses 289734.00
IP
280761 279607 278008 276515 261466
Manufacturing Production 1.40
percent
2.12 2.21 2.19 2.19 2.19
Mining Production 1.50
percent
1.45 1.07 1.42 1.1 1.31
Competitiveness Index 4.52
Points
4.5 4.5 4.5 4.5 4.5
Competitiveness Rank 45.00
45 45 45 45 45
Ease of Doing Business 25.00
25 25 25 25 25
Corruption Index 50.00
Points
50 50 50 50 50
Corruption Rank 54.00
54 54 54 54 54
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Spending 94550.00
MUR Million
82885 88182 98237 79821 107482
Bank Lending Rate 8.50
percent
8.5 8.5 8.5 8.5 8.5
HOUSING Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Home Ownership Rate 99.10
percent
99.09 99.09 99.09 99.09 99.06
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 15.00
percent
15 15 15 16 17
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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 120.49
mm
155 98.76 112 279 165
Temperature 25.95
celsius
23.36 21.09 23.82 26.16 24.11