Mauritius - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Mauritius including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Mauritius economy.


Overview Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 0.20 0.9 0.7 1 0.9 0.9 percent
Unemployment Rate 7.10 6.8 7 7 6.8 6.5 percent
Inflation Rate 0.90 1.1 1.7 2 2.5 2 percent
Interest Rate 3.50 3.5 3.5 3.25 3.25 2.75 percent
Balance of Trade -8741.00 -12248 -12496 -12503 -12475 -12481 MUR Million
Government Debt to GDP 64.90 67 67 68 68 66 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Stock Market 2213.97
points
2220 2212 2204 2196 2165
Currency 34.05
34.43 34.67 34.9 35.14 36.11
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 0.20
percent
0.9 0.7 1 0.9 0.9
GDP Annual Growth Rate 4.00
percent
3.8 3.9 3.9 3.9 5
GDP 13.34
USD Billion
14 14 14.7 14.7 15.5
GDP Constant Prices 112858.00
MUR Million
115448 130231 117259 117881 142213
Gross Fixed Capital Formation 18970.00
MUR Million
21634 20940 19710 20136 22866
GDP per capita 10186.10
USD
10307 10307 10830 10830 10980
GDP per capita PPP 20292.74
USD
20696 20887 21575 21575 22560
Gdp From Construction 4265.00
MUR million
4903 4868 4431 4130 5316
Gdp From Manufacturing 10307.00
MUR million
14838 17114 10709 13536 18689
Gdp From Mining 197.00
MUR million
252 289 205 255 315
Gdp From Transport 6686.00
MUR million
6647 6873 6947 6395 7505
Gdp From Utilities 2773.00
MUR million
2285 2526 2881 2317 2758
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 7.10
percent
6.8 7 7 6.8 6.5
Unemployed Persons 41.00
Thousand
39.77 39.36 40.41 40.47 39.63
Employed Persons 540.00
Thousand
541 547 541 547 546
Labour Costs 132.30
Index Points
134 135 135 136 142
Productivity 127.50
Index Points
129 129 130 131 138
Job Vacancies 3799.00
3714 3752 3906 4061 4374
Wages 27574.00
MUR/Month
28000 28000 29000 27550 30000
Population 1.26
Million
1.27 1.27 1.26 1.26 1.27
Wages In Manufacturing 107.80
Index Points
111 112 114 113 120
Employment Rate 92.94
percent
92.72 92.51 92.35 92.18 90.66
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 0.90
percent
1.1 1.7 2 2.5 2
Consumer Price Index CPI 115.45
Index Points
115 116 122 119 122
Core Inflation Rate 1.90
percent
2.07 2.25 2.28 2.24 2.13
Producer Prices 107.90
Index Points
105 105 105 105 105
Food Inflation -2.30
percent
3.6 3.7 3.38 5.32 3
Inflation Rate Mom -0.70
percent
0.42 0.46 0.06 0.33 0.24
Import Prices 87.20
Index points
86.75 87.86 86.45 87.1 87.3
Export Prices 97.00
Index points
97.33 96.74 97.03 96.79 96.54
Cpi Housing Utilities 98.04
Index Points
98.42 98.2 98.19 98.23 98.22
CPI Transportation 105.29
Index Points
104 106 107 124 112
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 3.50
percent
3.5 3.5 3.25 3.25 2.75
Foreign Exchange Reserves 6607.70
USD Million
6638 6707 6745 6769 6804
Deposit Interest Rate 3.10
percent
3.1 3.1 2.85 2.85 2.35
Lending Rate 8.60
percent
8.6 8.6 8.35 8.35 7.85
Banks Balance Sheet 1332647.52
MUR Million
1344637 1348737 1353364 1357909 1399979
Central Bank Balance Sheet 229257.86
MUR Million
234146 235189 234280 234951 234857
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -8741.00
MUR Million
-12248 -12496 -12503 -12475 -12481
Exports 7115.00
MUR Million
6893 6750 6760 6788 6782
Imports 15856.00
MUR Million
19142 19261 19263 19263 19263
Current Account -1926.00
MUR Billion
-5518 -8653 -4435 -5943 -6290
Current Account to GDP -5.80
percent
-5.5 -5.5 -5 -5 -4.3
External Debt 45128.00
MUR Million
43766 43582 43325 43168 42446
Tourism Revenues 4118.00
MUR Million
5191 5167 5154 5147 5137
Tourist Arrivals 109471.00
103400 113800 108900 107000 108500
Gold Reserves 12.40
Tonnes
12.47 12.57 12.65 12.7 13
Terms Of Trade 111.20
Index points
112 110 112 111 111
Terrorism Index 0.00
0 0 0 0 0
Foreign Direct Investment 12330.00
MUR Million
13211 12781 12699 12617 12517
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 64.90
percent
67 67 68 68 66
Government Budget -3.20
percent of GDP
-3.5 -3.37 -3.38 -3.38 -3.28
Government Budget Value 69.60
MUR Million
42.37 -176 -779 -578 -634
Government Spending 17606.00
MUR Million
17207 18191 18293 19071 19864
Government Revenues 8259.10
MUR Million
9014 9773 8498 8819 8752
Fiscal Expenditure 8189.50
MUR Million
8972 9476 9276 9397 9386
Military Expenditure 22.20
USD Million
22.43 22.35 22.48 22.61 22.76
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 128.10
Index Points
136 140 143 145 157
Industrial Production 2.70
percent
1.9 2.18 2.15 2.28 2.15
Changes in Inventories -501.00
MUR Million
437 445 558 579 634
Internet Speed 5740.76
KBps
5640 5489 5770 5644 5600
IP Addresses 289734.00
IP
322902 328976 335223 341435 403185
Manufacturing Production 1.60
percent
1.24 1.42 1.55 1.59 1.45
Mining Production -2.20
percent
-5.32 -5.22 -4.35 -3.3 -3.12
Competitiveness Index 4.52
Points
4.47 4.47 4.45 4.45 4.44
Competitiveness Rank 45.00
43 43 48 49 46
Ease of Doing Business 25.00
31 27 27 27 29
Corruption Index 50.00
Points
53 53 52 52 50
Corruption Rank 54.00
50 49 50 51 52
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 83635.00
MUR Million
88608 98335 86897 85022 107382
Bank Lending Rate 8.60
percent
8.6 8.6 8.35 8.35 7.85
HOUSING Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Home Ownership Rate 99.10
percent
99.09 99.09 99.09 99.09 99.06
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 15.00
percent
15 15 15 15 15
Personal Income Tax Rate 15.00
percent
15 15 15 15 15
Sales Tax Rate 15.00
percent
15 15 15 15 15
Social Security Rate 9.00
percent
9 9 9 9 9
Social Security Rate For Companies 6.00
percent
6 6 6 6 6
Social Security Rate For Employees 3.00
percent
3 3 3 3 3
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 120.49
mm
98.76 112 279 145 165
Temperature 25.95
celsius
21.09 23.82 26.16 23.18 24.11