The economy of Mauritius advanced by 7.4% year-on-year in the third quarter of 2022, following a downwardly revised 14.5% rise in the previous period. It marks the sixth consecutive quarter of expansion, boosted by accommodation and food service activities (213.3%) due to high tourist arrivals, manufacturing (6.8%) and wholesale and retail trade (2.1%) to meet the high demand for goods in end-of-year festivities. Significant positive contributions also came from finance & insurance (5.8%); human health & social work (4.9%); public administration (3.9%); information & communication (3.7%) and professional, scientific and technical activities (3%). Meanwhile, construction activity contracted (-4%). source: Central Statistics Office, Mauritius
GDP Annual Growth Rate in Mauritius averaged 3.23 percent from 2001 until 2022, reaching an all time high of 15.50 percent in the second quarter of 2021 and a record low of -32.00 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 February of 2023.
GDP Annual Growth Rate in Mauritius is expected to be 7.40 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 5.40 percent in 2023 and 4.00 percent in 2024, according to our econometric models.