The economy of Mauritius expanded 3.7 percent year-on-year in the second quarter of 2018, easing from an upwardly revised 4.1 percent growth in the previous period. Output growth slowed for wholesale and retail trade (3.4 percent from 3.9 percent in Q1); financial and insurance activities (5.5 percent from 5.7 percent); accommodation and food service activities (1.5 percent from 4.9 percent); transportation and storage (3.5 percent from 3.9 percent) and information and communication (5.6 percent from 5.8 percent). Also, manufacturing production stalled after increasing by 0.8 percent in the previous period. Meantime, agriculture, forestry and fishing shrank less (-3.7 percent from -5.4 percent) while output rebounded for mining and quarrying (2.2 percent from -0.9 percent) and public administration and defence (3.9 percent from -1.8 percent). GDP Annual Growth Rate in Mauritius averaged 3.90 percent from 2001 until 2018, reaching an all time high of 9.80 percent in the first quarter of 2003 and a record low of -0.80 percent in the first quarter of 2005.
GDP Annual Growth Rate in Mauritius is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Mauritius to stand at 3.90 in 12 months time. In the long-term, the Mauritius GDP Annual Growth Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.