Indicators of economy in Mauritius
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 12,230 USD per capita. GDP in Mauritius, on the other hand, reached USD 9,106 per capita, or 11.53 billion USD for the whole country. Mauritius is one of the smaller economies and is currently ranked 143. If this is calculated per inhabitant, taking purchasing power parity into account, then Mauritius ranks 68th in the list of the richest countries.Inflation in Mauritius in 2021 was around 4.03%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 56.7 percent lower.
The index for perceived corruption in the public sector is 54, which is rather mediocre by global standards.
Back to overview: Mauritius
Impact of the COVID-19 pandemic
The consequences of the COVID pandemic in 2020 were considerable in Mauritius. Overall, gross domestic product in 2020 fell from 14.44 billion US dollars to 11.40 billion US dollars. With a large drop of 21.03 percent, the economy in Mauritius has struggled significantly more than other countries. The tourism sector alone slumped by around 74 percent. The unemployment rate rose from 6.3 to 7.4 percent. The consumer inflation rate has risen from 0.4 percent previously to 2.6 percent now.Unemployment rates in percentages 1991 - 2021
Economic performance 2021
Mauritius Total | Mauritius per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 11.53 bn USD | 9,106.24 USD | 17.177 tn USD | 33,384.92 USD |
Gross national product | 12.56 bn USD | 9,923.48 USD | 16.895 tn USD | 32,835.37 USD |
Development of gross domestic product in billions of USD 1976 - 2021
Imports and Exports 2021
Mauritius Total | Mauritius per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 5.22 bn USD | 4,126.87 USD | 8.916 tn USD | 17,329.02 USD |
Exports | 3.09 bn USD | 2,439.41 USD | 9.554 tn USD | 18,569.19 USD |
Development of imports and exports in millions of USD 1976 - 2021
Exports
Imports