The economy of Mauritius advanced by 18.8% from a year earlier in the second quarter of 2021, the strongest growth since 2001, after five consecutive quarters of contraction. The robust recovery was largely due to low base year effects and driven by the sectors that were most affected by Covid-related lockdowns, such as hotels & restaurants (35.8% vs -83.6% in Q1), transportation & storage (58.4% vs -19.1%), and manufacturing (53.1% vs -5.7%). At the same time, notable growth was recorded in construction (567.7% vs 0.6%) and mining (82.6% vs 1.9%). source: Central Statistics Office, Mauritius
GDP Annual Growth Rate in Mauritius averaged 2.96 percent from 2001 until 2021, reaching an all time high of 18.80 percent in the second quarter of 2021 and a record low of -33 percent in the second quarter of 2020. This page provides the latest reported value for - Mauritius GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mauritius GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
GDP Annual Growth Rate in Mauritius is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mauritius GDP Annual Growth Rate is projected to trend around 6.00 percent in 2022 and 4.60 percent in 2023, according to our econometric models.