The Gross Domestic Product (GDP) in Mauritius expanded 8.90 percent in the first quarter of 2022 over the same quarter of the previous year. source: Central Statistics Office, Mauritius

GDP Annual Growth Rate in Mauritius averaged 3.06 percent from 2001 until 2022, reaching an all time high of 15.40 percent in the second quarter of 2021 and a record low of -32.20 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 September of 2022.

GDP Annual Growth Rate in Mauritius is expected to be 6.00 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 4.70 percent in 2024, according to our econometric models.

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Mauritius GDP Annual Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-03-31 11:00 AM Q4 6.2% 4.6% 8%
2022-06-30 02:00 PM Q1 4.8% -14.9% 4%
2022-09-30 11:00 AM Q2 8.9% 5.4%

Related Last Previous Unit Reference
GDP Growth Rate -1.20 4.80 percent Mar 2022
GDP Annual Growth Rate 8.90 6.00 percent Mar 2022
GDP Constant Prices 128391.00 141625.00 MUR Million Mar 2022
Gross Fixed Capital Formation 26456.00 27971.00 MUR Million Mar 2022
GDP from Utilities 1962.00 1831.00 MUR Million Mar 2022
GDP from Transport 6361.00 7076.00 MUR million Mar 2022
GDP from Public Administration 8448.00 7788.00 MUR Million Mar 2022
GDP from Mining 405.00 592.00 MUR million Mar 2022
GDP from Manufacturing 11857.00 17514.00 MUR million Mar 2022
GDP from Construction 5823.00 7195.00 MUR Million Mar 2022
GDP from Agriculture 3643.00 4846.00 MUR Million Mar 2022

Mauritius GDP Annual Growth Rate
The services sector is the largest sector of the Mauritius' economy and accounts for 76 percent of total GDP. Within services, the most important sub-sectors are: wholesale and retail trade (12 percent), financial and insurance activities (12 percent), accommodation and food services activities (7 percent); transportation and storage (6 percent); real estate (6 percent); and public administration and defense (6 percent). Also, industry contributes 20 percent to the GDP, with manufacturing (13 percent) and construction (4 percent) accounting for the largest shares. The primary sector accounts for 4 percent of GDP. On the expenditure side, household consumption accounts for 80 percent of the GDP while government expenditure for 16 percent. Gross capital formation accounted for 18 percent of GDP. Exports of goods and services for 45 percent while imports for 59 percent, subtracting 14 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
8.90 6.00 15.40 -32.20 2001 - 2022 percent Quarterly

News Stream
Mauritius GDP Expands Faster in Q4
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.
Mauritius Economy Slows to 5.5% in Q3
The economy of Mauritius grew 5.5 percent from a year earlier in the third quarter of 2021, easing from a downwardly revised 17.8 percent growth in the previous period which was the strongest expansion since 2001. Output rose at a softer pace mainly for: manufacturing (10.1 percent vs 54.8 percent in Q2), mining & quarrying (flat vs 95.3 percent), electricity, gas, steam and air conditioning supply (8.3 percent vs 17.6 percent), construction (12.8 percent vs 566.6 percent); wholesale & retail trade (3.1 percent vs 11 percent); and transportation & storage (0.1 percent vs 58.4 percent).
Mauritius Economy Rebounds at Record Pace
The economy of Mauritius advanced by 18.8% from a year earlier in the second quarter of 2021, the strongest growth since 2001, after five consecutive quarters of contraction. The robust recovery was largely due to low base year effects and driven by the sectors that were most affected by Covid-related lockdowns, such as hotels & restaurants (35.8% vs -83.6% in Q1), transportation & storage (58.4% vs -19.1%), and manufacturing (53.1% vs -5.7%). At the same time, notable growth was recorded in construction (567.7% vs 0.6%) and mining (82.6% vs 1.9%).