The economy of Mauritius shrank by 2% year-on-year in the first quarter of 2020, following an upwardly revised 2.5% growth in the previous period. It was the first economic contraction since the first quarter of 2005, as the coronavirus pandemic disrupted severely domestic activities. Main declines were seen in accommodation & food services (-13.6% vs -3.3% in Q4); transportation & storage (-5% vs 3.3%); wholesale & retail trade (-3.8% vs 3.6%); construction (-6.9% vs 8%) and manufacturing (-3.7% vs -0.5%). In addition, growth slowed mostly in information & communication (3.3% vs 5.6%); finance & insurance (4.7% vs 5.1%); real estate activities (2.5% vs 3.8%) and administrative & support services (1.7% vs 5.1%). On a seasonally adjusted quarterly basis, the GDP contracted 3.6%, after an upwardly 1.5% expansion in the previous period.

GDP Annual Growth Rate in Mauritius averaged 3.77 percent from 2001 until 2020, reaching an all time high of 9.80 percent in the first quarter of 2003 and a record low of -2 percent in the first 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 August of 2020.

GDP Annual Growth Rate in Mauritius is expected to be -12.00 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 5.00 in 12 months time. In the long-term, the Mauritius GDP Annual Growth Rate is projected to trend around 7.00 percent in 2021 and 6.50 percent in 2022, according to our econometric models.

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Mauritius GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 2.50 9.80 -2.00 2001 - 2020 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-09-30 11:45 AM Q2 3.4% 3.4% 4.0%
2019-12-30 10:10 AM Q3 3.1% 3.5% 3.2%
2020-04-13 11:00 AM Q4 2.4% 2.9% 3.8%
2020-06-26 12:30 PM Q1 -2% 2.5% -3%
2020-09-30 11:00 AM Q2 -2% -14%
2020-12-23 11:00 AM Q3 -12%


News Stream
Mauritius Posts First GDP Contraction in 15 Years
The economy of Mauritius shrank by 2% year-on-year in the first quarter of 2020, following an upwardly revised 2.5% growth in the previous period. It was the first economic contraction since the first quarter of 2005, as the coronavirus pandemic disrupted severely domestic activities. Main declines were seen in accommodation & food services (-13.6% vs -3.3% in Q4); transportation & storage (-5% vs 3.3%); wholesale & retail trade (-3.8% vs 3.6%); construction (-6.9% vs 8%) and manufacturing (-3.7% vs -0.5%). In addition, growth slowed mostly in information & communication (3.3% vs 5.6%); finance & insurance (4.7% vs 5.1%); real estate activities (2.5% vs 3.8%) and administrative & support services (1.7% vs 5.1%). On a seasonally adjusted quarterly basis, the GDP contracted 3.6%, after an upwardly 1.5% expansion in the previous period.
2020-06-26
Mauritius GDP Growth Weakest in Over 4 Years
The economy of Mauritius advanced by 2.4% year-on-year in the fourth quarter of 2019, following a downwardly revised 2.9% growth in the previous period. It was the slowest economic expansion since the second quarter of 2015, amid declines in accommodation & food services (-3.3% vs -1.3% in Q3) and manufacturing (-0.5% vs 0.1%), owing to textiles (-10.2% vs -11.8%). In addition, activity slowed in finance & insurance (5.1% vs 5.3%); administrative & support services (5.1% vs 5.3%); mining & quarrying (1.5% vs 4.8%) and agriculture (0.7% vs 1.8%). On the other hand, growth picked up in electricity supply (5.2% vs 3.5%); wholesale & retail trade (3.6% vs 2.9%); information & communication (5.6% vs 5.4%); real estate activities (4.4% vs 3.5%) and public administration (2.4% vs 0.9%). On a seasonally adjusted quarterly basis, the GDP increased by 0.8%, after showing no growth in the previous quarter. In 2019, the economy expanded by 3% compared to 3.8% a year before.
2020-04-13
Mauritius Economy Grows the Least since 2015
The gross domestic product in Mauritius advanced 3.1% year-on-year in the third quarter of 2019, down from an upwardly revised 3.5% growth in the previous period. It was the slowest economic expansion since the second quarter of 2015, amid contractions in manufacturing (-0.3% vs 1.3% in Q2), owing to textiles (-14.1% vs 4.6%) and accommodation & food services (-1.4% vs 2.5%). In addition, growth slowed in information & communication (5.2% vs 5.5%); construction (7.9% vs 8.9%); transportation & storage (3% vs 3.1%); wholesale & retail trade, repair of motor vehicles and motorcycles (2.9% vs 3.5%); electricity supply (1.6% vs 4.5%); water supply (1.1% vs 2.2%) and agriculture (2.2% vs 6.8%). Conversely, output rose sharply in finance & insurance (5.3%, the same pace as in Q2); mining & quarrying (4.8% vs 3.8%); real estate activities (3.5% vs 2.4%); professional, scientific & technical activities (5.4% vs 5.1%); administrative & support service activities (5.4% vs 5.2%).
2019-12-30
Mauritius Economy Grows 3.4% YoY in Q2
The gross domestic product in Mauritius advanced 3.4 percent year-on-year in the second quarter of 2019, the same pace as in the previous period. The main drivers of growth were finance and insurance (5.4 percent vs 5.2 percent in Q1); information & communication (5.6 percent vs 5.7 percent); accommodation and food services (2.5 percent vs -1.1 percent); administrative & support services (5.4 percent vs 5.2 percent); wholesale and retail trade (3.5 percent vs 3.6 percent); construction (8.6 percent vs 8.7 percent); mining & quarrying (3.8 percent vs 3.2 percent) and agriculture, forestry and fishing (6.5 percent vs 6.0 percent).
2019-09-30

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.