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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Mauritius GDP Annual Growth Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-06-28 12:30 PM Q1 -8.7% -11.3% -8.5%
2021-09-30 11:00 AM Q2 18.8% -9% 40%
2021-12-23 11:00 AM Q3 18.8%


Related Last Previous Unit Reference
GDP Growth Rate -9.00 0.80 percent Jun/21
GDP Annual Growth Rate 18.80 -9.00 percent Jun/21
GDP Constant Prices 99939.00 106628.00 MUR Million Jun/21
Gross Fixed Capital Formation 17444.00 22081.00 MUR Million Jun/21
GDP From Utilities 1346.00 1752.00 MUR Million Jun/21
GDP From Transport 3672.00 5649.00 MUR million Jun/21
Gdp From Public Administration 7573.00 7178.00 MUR Million Jun/21
GDP From Mining 288.00 215.00 MUR million Jun/21
GDP From Manufacturing 11993.00 9780.00 MUR million Jun/21
GDP From Construction 3527.00 4882.00 MUR Million Jun/21
Gdp From Agriculture 3642.00 3480.00 MUR Million Jun/21

News Stream
Mauritius Economy Rebounds at Record Pace
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%).
2021-09-30
Mauritius Economy Remains in Recession
The economy of Mauritius shrank 8.7% from a year earlier in the first quarter of 2021, following an upwardly revised 11.3% contraction in the previous period. It was the fifth consecutive quarter of economic downturn, attributed to the hospitality sector's poor performance (-82% vs -74.7% in Q4) as the tourism-dependent nation returned to a full lockdown in March 2021, with all international flights to and from the island suspended for more than two months. Meanwhile, smaller declines were seen in manufacturing (-5.6% vs -11.3%) and mining (-0.6% vs -5.7%). On a brighter note, output rebounded in agriculture (11.3% vs -3.1%); construction (0.6% vs -2.2%); wholesale & retail trade (1.9% vs -7.7%); professional. scientific and technical activities (0.7% vs -4.1%); administrative & support services (1.2% vs -20.8%) and public administration (4.3% vs -2.1%).
2021-06-28
Mauritius Economy Remains in Recession
The economy of Mauritius shrank 10.9 percent from a year earlier in the fourth quarter of 2020, following a 12.5 percent contraction in the previous period. It was the fourth consecutive quarter of economic downturn, as the Covid-19 crisis continued to hit mostly the all-important tourism sector as reflected in accommodation and food services (-74.7 percent vs -87.4 percent in Q3). Output also continued to fall in manufacturing (-11.3 percent vs -14.8 percent); transportation & storage (-19.8 percent vs -21.1 percent); wholesale & retail trade; repair of motor vehicles and motorcycles (-7.8 percent vs -12.9 percent) and arts, entertainment and recreation (-17.1 percent vs -21.6 percent). Considering the full year of 2020, the GDP plunged 14.7 percent, amid a sharp decline in tourist arrivals linked to the Covid-19 travel restrictions.
2021-03-31

Mauritius GDP Annual Growth Rate
The services sector is the largest sector of the Mauritius' economy and accounts for 76 percent of total GDP. Within services, the most important sub-sectors are: wholesale and retail trade (12 percent), financial and insurance activities (12 percent), accommodation and food services activities (7 percent); transportation and storage (6 percent); real estate (6 percent); and public administration and defense (6 percent). Also, industry contributes 20 percent to the GDP, with manufacturing (13 percent) and construction (4 percent) accounting for the largest shares. The primary sector accounts for 4 percent of GDP. On the expenditure side, household consumption accounts for 80 percent of the GDP while government expenditure for 16 percent. Gross capital formation accounted for 18 percent of GDP. Exports of goods and services for 45 percent while imports for 59 percent, subtracting 14 percent of total GDP.