The gross domestic product in Mauritius advanced 3.1% year-on-year in the third quarter of 2019, down from an upwardly revised 3.5% growth in the previous period. It was the slowest economic expansion since the second quarter of 2015, amid contractions in manufacturing (-0.3% vs 1.3% in Q2), owing to textiles (-14.1% vs 4.6%) and accommodation & food services (-1.4% vs 2.5%). In addition, growth slowed in information & communication (5.2% vs 5.5%); construction (7.9% vs 8.9%); transportation & storage (3% vs 3.1%); wholesale & retail trade, repair of motor vehicles and motorcycles (2.9% vs 3.5%); electricity supply (1.6% vs 4.5%); water supply (1.1% vs 2.2%) and agriculture (2.2% vs 6.8%). Conversely, output grew sharply in finance & insurance (5.3%, the same pace as in Q2); mining & quarrying (4.8% vs 3.8%); real estate activities (3.5% vs 2.4%); professional, scientific & technical activities (5.4% vs 5.1%); administrative & support service activities (5.4% vs 5.2%).

GDP Annual Growth Rate in Mauritius averaged 3.87 percent from 2001 until 2019, reaching an all time high of 9.80 percent in the first quarter of 2003 and a record low of -0.80 percent in the first quarter of 2005. 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.

GDP Annual Growth Rate in Mauritius is expected to be 3.50 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 4.10 in 12 months time. In the long-term, the Mauritius GDP Annual Growth Rate is projected to trend around 4.00 percent in 2021, according to our econometric models.


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Mauritius GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.50 9.80 -0.80 2001 - 2019 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 11:00 AM Q4 4.1% 3.3% 3.8%
2019-06-28 11:00 AM Q1 3.3% 4.1% 3.8%
2019-09-30 11:45 AM Q2 3.4% 3.4% 4.0%
2019-12-30 10:10 AM Q3 3.1% 3.5% 3.2%
2020-03-31 11:00 AM Q4 3.1% 3.8%
2020-06-26 11:00 AM Q1 3.5%
2020-09-30 11:00 AM Q2 4%
2020-12-23 11:00 AM Q3 3.6%


News Stream
Mauritius Economy Grows the Least since 2015
The gross domestic product in Mauritius advanced 3.1% year-on-year in the third quarter of 2019, down from an upwardly revised 3.5% growth in the previous period. It was the slowest economic expansion since the second quarter of 2015, amid contractions in manufacturing (-0.3% vs 1.3% in Q2), owing to textiles (-14.1% vs 4.6%) and accommodation & food services (-1.4% vs 2.5%). In addition, growth slowed in information & communication (5.2% vs 5.5%); construction (7.9% vs 8.9%); transportation & storage (3% vs 3.1%); wholesale & retail trade, repair of motor vehicles and motorcycles (2.9% vs 3.5%); electricity supply (1.6% vs 4.5%); water supply (1.1% vs 2.2%) and agriculture (2.2% vs 6.8%). Conversely, output rose sharply in finance & insurance (5.3%, the same pace as in Q2); mining & quarrying (4.8% vs 3.8%); real estate activities (3.5% vs 2.4%); professional, scientific & technical activities (5.4% vs 5.1%); administrative & support service activities (5.4% vs 5.2%).
2019-12-30
Mauritius Economy Grows 3.4% YoY in Q2
The gross domestic product in Mauritius advanced 3.4 percent year-on-year in the second quarter of 2019, the same pace as in the previous period. The main drivers of growth were finance and insurance (5.4 percent vs 5.2 percent in Q1); information & communication (5.6 percent vs 5.7 percent); accommodation and food services (2.5 percent vs -1.1 percent); administrative & support services (5.4 percent vs 5.2 percent); wholesale and retail trade (3.5 percent vs 3.6 percent); construction (8.6 percent vs 8.7 percent); mining & quarrying (3.8 percent vs 3.2 percent) and agriculture, forestry and fishing (6.5 percent vs 6.0 percent).
2019-09-30
Mauritius GDP Growth Slows to 3.3% in Q1
The gross domestic product in Mauritius grew 3.3 percent year-on-year in the first quarter of 2019, easing from a 4.1 percent expansion in the previous three-month period, as output rose at a softer pace for: manufacturing (0.4 percent vs 2.3 percent); construction (8.7 percent vs 9.9 percent); financial and insurance activities (5.0 percent vs 5.2 percent); transportation and storage (3.2 percent vs 3.4 percent); and public administration and defense (2.6 percent vs 3.0 percent). In addition, output growth was unchanged for wholesale and retail trade (at 3.6 percent) and real estate activities (at 3.1 percent), while a contraction was recorded for accommodation and food services activities (-1.1 percent vs 4.2 percent).
2019-06-28
Mauritius GDP Growth Higher at 4.1%
The GDP in Mauritius expanded 4.1 percent year-on-year in the last quarter of 2018, following a 3.3 percent growth in the previous period. Manufacturing rebounded (2.3 percent compared to -1.2 percent) and faster increases were seen in financial and insurance activities (5.2 percent compared to 5.1 percent); real estate (3.1 percent compared to 2.6 percent); and construction (10.1 percent compared to 6.8 percent). Wholesale rose 3.7 percent, the same as in Q3 and agriculture went up 1.7 percent, also the same as in Q3. Considering full 2018, the economy expanded 3.8 percent, the same as in 2017.
2019-03-29

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.