The Gross Domestic Product (GDP) in Mauritania expanded 3.60 percent in 2018 from the previous year. Mauritania GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

GDP Annual Growth Rate in Mauritania averaged 3.67 percent from 1993 until 2018, reaching an all time high of 11.40 percent in 2006 and a record low of -4 percent in 1997. This page provides - Mauritania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Annual Growth Rate in Mauritania is expected to reach 3.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mauritania GDP Annual Growth Rate is projected to trend around 3.80 percent in 2021, according to our econometric models.

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Mauritania GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.10 11.40 -4.00 1993 - 2018 percent Yearly

Mauritania GDP Annual Growth Rate
Mauritania is a poor African country, where more than half of population rely on livestock and drought-prone subsistence agriculture. Mauritania’s economy depends on iron ore exports and foreign assistance. A rich coastal fauna, an expanding mining industry and recently found oil reserves led Mauritania’s recent economic expansion. However, presence of active terrorist groups in the region and unstable government are Mauritania’s major obstacles to growth.