The economy of Mauritius grew 6.2 percent from a year earlier in the fourth quarter of 2021, quickening from a downwardly revised 4.6 percent growth in the previous three-month period. It was the third consecutive quarter of economic expansion, after a pandemic-induced recession. The main driver of growth was the tourism-related sector (157.1 percent vs 103.9 percent in Q3), following the easing of some travel restrictions. Positive contributions also came from mining & quarrying (22.4% after showing no growth); construction (9.1% vs 12.9%); information & communication (7.3% vs 7.2%) and finance & insurance (5.7% vs 4.5%). Considering the full year of 2021, the GDP advanced by 4%, compared with a 14.9% plunge in 2020. source: Central Statistics Office, Mauritius
GDP Annual Growth Rate in Mauritius averaged 3 percent from 2001 until 2021, reaching an all time high of 17.20 percent in the second quarter of 2021 and a record low of -31.60 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 June of 2022.
GDP Annual Growth Rate in Mauritius is expected to be 5.40 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 2023 and 4.00 percent in 2024, according to our econometric models.