Indicators of economy in Mauritania
The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,183 USD per capita. GDP in Mauritania, on the other hand, reached USD 2,166 per capita, or 10.00 billion USD for the whole country. Mauritania is one of the smaller economies and is currently ranked 148. If this is calculated per inhabitant, taking purchasing power parity into account, then Mauritania ranks 141st in the list of the richest countries.Inflation in Mauritania in 2022 was around 9.53%. Within the EU, the average in the same year was 9.22 percent. In the United States, it was most recently 8.00%.
The index for perceived corruption in the public sector is 30, which is rather poor by global standards.
Back to overview: Mauritania
Impact of the COVID-19 pandemic
Overall, the gross domestic product in Mauritania in 2020 increased from 8.07 billion US dollars to 8.41 billion US dollars. Certainly, there have been shifts in numerous sectors of the economy, but a 4.2 percent increase has been rather unusual this year. While most countries have suffered significant losses, Mauritania has certainly held its own. The tourism sector alone slumped by around 53 percent. The unemployment rate rose from 10.4 to 11.1 percent. The country's gross debt increased by 2.4 percent. The consumer inflation rate has risen from 2.3 percent previously to 2.4 percent now.Unemployment rates in percentages 1991 - 2022
Economic performance 2021
Mauritania Total | Mauritania per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 10.00 bn USD | 2,166.05 USD | 17.177 tn USD | 33,384.92 USD |
Gross national product | 9.02 bn USD | 1,954.70 USD | 16.895 tn USD | 32,835.37 USD |
In the Global Innovation Index, Mauritania ranked 129th in 2022 with 12.4 points. The index is calculated annually by the World Intellectual Property Organization (WIPO) and most recently included 132 countries. The top country was Switzerland with 64.6 points.
Development of gross domestic product in millions of USD 1970 - 2021
› Debt budget development
› Development of inflation
› Corruption in Mauritania
› Cost of living in a global comparison
› Development of inflation
› Corruption in Mauritania
› Cost of living in a global comparison
Imports and Exports 2021
Mauritania Total | Mauritania per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 3.67 bn USD | 796.25 USD | 8.916 tn USD | 17,329.02 USD |
Exports | 2.78 bn USD | 603.25 USD | 9.554 tn USD | 18,569.19 USD |
Development of imports and exports in millions of USD 1975 - 2021
Exports
Imports