Economy
Mauritius
Budget
revenues
$3.801 billion (2024 est.)
expenditures
$5.042 billion (2024 est.)
Exports
Exports 2021
$4.213 billion (2021 est.)
Exports 2022
$6.138 billion (2022 est.)
Exports 2023
$6.381 billion (2023 est.)
Imports
Imports 2021
$6.057 billion (2021 est.)
Imports 2022
$8.052 billion (2022 est.)
Imports 2023
$8.027 billion (2023 est.)
Industries
the sectors include food processing (primarily sugar milling), textiles, apparel, mining, chemicals, metal goods, transport equipment, non-electrical machinery, and tourism
Labor force
594,900 (2024 est.)
Public debt
Public debt 2019
58% of GDP (2019 est.)
Remittances
Remittances 2021
2.4% of GDP (2021 est.)
Remittances 2022
2.1% of GDP (2022 est.)
Remittances 2023
2.2% of GDP (2023 est.)
Exchange rates
Currency
Mauritian rupees (MUR) per US dollar -
Exchange rates 2020
39.347 (2020 est.)
Exchange rates 2021
41.692 (2021 est.)
Exchange rates 2022
44.183 (2022 est.)
Exchange rates 2023
45.267 (2023 est.)
Exchange rates 2024
46.415 (2024 est.)
Debt - external
Debt - external 2023
$3.632 billion (2023 est.)
Economic overview
an upper middle-income economy located in the Indian Ocean; characterized by a diverse economic base; investments in maritime security; a robust tourism industry severely impacted by COVID-19; growth in the information and financial services sectors; environmentally vulnerable
Unemployment rate
Unemployment rate 2022
6.4% (2022 est.)
Unemployment rate 2023
5.6% (2023 est.)
Unemployment rate 2024
5.5% (2024 est.)
Exports - partners
USA 11%, France 11%, Zimbabwe 10%, South Africa 7%, Zambia 7% (2023)
Imports - partners
China 15%, UAE 11%, India 10%, South Africa 9%, France 6% (2023)
Real GDP per capita
Real GDP per capita 2022
$24,800 (2022 est.)
Real GDP per capita 2023
$26,100 (2023 est.)
Real GDP per capita 2024
$27,300 (2024 est.)
Real GDP growth rate
Real GDP growth rate 2022
8.7% (2022 est.)
Real GDP growth rate 2023
5% (2023 est.)
Real GDP growth rate 2024
4.7% (2024 est.)
Agricultural products
sugarcane, chicken, pumpkins/squash, tomatoes, eggs, potatoes, cabbages, bananas, onions, cucumbers/gherkins (2023)
Exports - commodities
fish, garments, raw sugar, fertilizers, diamonds (2023)
Imports - commodities
refined petroleum, cars, fish, coal, packaged medicine (2023)
Current account balance
Current account balance 2021
-$1.497 billion (2021 est.)
Current account balance 2022
-$1.437 billion (2022 est.)
Current account balance 2023
-$647.743 million (2023 est.)
Taxes and other revenues
20.5% (of GDP) (2023 est.)
GDP (official exchange rate)
$14.953 billion (2024 est.)
GDP - composition, by end use
household consumption
68.6% (2024 est.)
government consumption
14.7% (2024 est.)
investment in inventories
0.2% (2024 est.)
investment in fixed capital
21% (2024 est.)
exports of goods and services
46.2% (2024 est.)
imports of goods and services
-57.8% (2024 est.)
Population below poverty line
10.3% (2017 est.)
Inflation rate (consumer prices)
Inflation rate (consumer prices) 2022
10.8% (2022 est.)
Inflation rate (consumer prices) 2023
7.1% (2023 est.)
Inflation rate (consumer prices) 2024
3.6% (2024 est.)
Industrial production growth rate
4.7% (2024 est.)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2022
$31.296 billion (2022 est.)
Real GDP (purchasing power parity) 2023
$32.864 billion (2023 est.)
Real GDP (purchasing power parity) 2024
$34.406 billion (2024 est.)
Youth unemployment rate (ages 15-24)
male
15.3% (2024 est.)
total
16.6% (2024 est.)
female
18.4% (2024 est.)
Reserves of foreign exchange and gold
Reserves of foreign exchange and gold 2022
$7.793 billion (2022 est.)
Reserves of foreign exchange and gold 2023
$7.248 billion (2023 est.)
Reserves of foreign exchange and gold 2024
$8.506 billion (2024 est.)
GDP - composition, by sector of origin
industry
17.8% (2024 est.)
services
64.4% (2024 est.)
agriculture
4.3% (2024 est.)
Household income or consumption by percentage share
lowest 10%
2.9% (2017 est.)
highest 10%
29.9% (2017 est.)
Gini Index coefficient - distribution of family income
Gini Index coefficient - distribution of family income 2017
36.8 (2017 est.)