The economy of Mauritius shrank 12.5 percent from a year earlier in the third quarter of 2020, easing from a record contraction of 32.5 percent in the previous three-month period, with the coronavirus crisis continuing to weigh on activity and demand. The tourism sector was the hardest hit and accommodation and food service activities plunged 88.5 percent (vs -98.1 percent in Q2). Also, output fell for wholesale and retail trade (-13.3 percent vs -22.9 percent), transportation and storage (-20.6 percent vs -60.0 percent), and public administration and defense (-0.7 percent vs -6.7 percent). Meanwhile, output increased for both financial and insurance activities (0.8 percent vs -1.5 percent) and real estate activities (0.9 percent vs -11.0 percent). source: Central Statistics Office, Mauritius
GDP Annual Growth Rate in Mauritius averaged 3.11 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 -32.50 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 March of 2021.
GDP Annual Growth Rate in Mauritius is expected to be -7.00 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 8.50 in 12 months time. In the long-term, the Mauritius GDP Annual Growth Rate is projected to trend around 7.50 percent in 2021 and 7.00 percent in 2022, according to our econometric models.