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ECON FACTBOOK

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Economy of Mauritius

Population: 1.3 million in 20131

GDP: $11.9 billion in 20132

GDP per capita: $9,203 nominal3 ($17,200 PPP4) in 2013

GDP growth rate: 3.2% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Other activities4,09141.2%
Wholesale, retail trade, restaurants and hotels1,88519.0%
Manufacturing1,75217.6%
Transport, storage and communication1,00110.1%
Construction6596.6%
Agriculture, hunting, forestry, fishing3653.7%
Mining and utilities1811.8%
Total value added9,933100%

Employment

Unemployment rate: 8.3% in 20137

Employment by Industry 20078

Employment sector Percent of total
Construction and industry30%
Other Services25%
Trade, restaurants, hotels22%
Agriculture9%
Transportation and communication7%
Finance6%
Total employment100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $37 billion (311% of GDP) in 201410

Household Wealth per Adult: $38,857 in 201410

Gini Coefficient: .359 in 201211

Government

Central Government

Central Government Revenue: $2.5 billion (21% of GDP) in 201312

Central Government Expenditure: $2.7 billion (23% of GDP) in 201312

Central Government Budget Balance: -$0.2 billion (-2% of GDP) in 201312

Central Government Public Debt: $6.5 billion (55% of GDP) in Q4 2014* 13

Central Government 10 Year Bond Interest Rate: 6.09% in Feb 201514

* Public debt calculated using the exchange rate 33.1 MUR = 1 USD

Government Funds

N/A

Tax Structure

  • 15%: $0+
  • Individual Income Tax Rates and Thresholds in 2012* 15

    Corporate Tax Rate: 15% in 201416

    * Individual thresholds calculated using the exchange rate 33.1 MUR = 1 USD

    Monetary Policy

    Money Supply (M1): $2.5 billion (21% of GDP) in Dec 2014* 17

    Benchmark Interest Rate: Repo Rate = 4.65% in Oct 201418

    Total Reserves: $3.5 billion (29% of GDP) in 201319

    Exchange Rate: 33.1 Mauritian Rupees = 1 U.S. Dollar on Feb 17, 201520

    Inflation: 3.5% in 201321

    * Money supply calculate using the exchange rate 33.1 MUR = 1 USD

    Financial Institutions

    Top 10 Financial Institutions by Assets 201322

    N/A (data not available at Relbanks.com)

    International Accounts

    Exports: $2.8 billion (24% of GDP) in 201323

    Imports: $5.0 billion (42% of GDP) in 201323

    Trade Balance: -$2.2 billion (-18% of GDP) in 201323

    Foreign Direct Investment Inflow: $258 million (2% of GDP) in 201324

    Foreign Direct Investment Outflow: N/A

    Foreign Aid Inflow: $178 million (1% of GDP) in 201225

    Foreign Aid Outflow: N/A

    References

    1. Source: World Bank Indicators (Population) Go back
    2. Source: World Bank Indicators (GDP) Go back
    3. Source: World Bank Indicators (GDP per capita) Go back
    4. Source: World Bank Indicators (GDP per capita PPP) Go back
    5. Source: World Bank Indicators (GDP growth rate) Go back
    6. Source: United Nations Statistics Division (GDP by industry) Go back
    7. Source: World Bank Indicators (Unemployment rate) Go back
    8. Source: CIA World Factbook (Employment by economic activity) Go back
    9. Source: Annual reports (Corporate data) Go back
    10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
    11. Source: World Bank Indicators (Gini coefficient) Go back
    12. Source: CIA World Factbook (Government budget) Go back
    13. Source: IMF Data Dissemination Standards Bulletin Board, Access National Summary Data (Public debt) Go back
    14. Source: African Bond Markets (Government bond yield) Go back
    15. Source: PKF Tax Guide (Individual tax rates) Go back
    16. Source: Tax Foundation (Corporate tax rate) Go back
    17. Source: IMF Data Dissemination Bulletin Board, Access National Summary Data (Money supply) Go back
    18. Source: Bank of Mauritius (Benchmark interest rate) Go back
    19. Source: World Bank Indicators (Total reserves) Go back
    20. Source: xe.com (Exchange rate) Go back
    21. Source: World Bank Indicators (Inflation rate) Go back
    22. Source: Relbanks.com (Financial institutions by assets) Go back
    23. Source: CIA World Factbook (Trade data) Go back
    24. Source: World Bank Indicators (FDI data) Go back
    25. Source: World Bank Indicators (Aid data) Go back