The economy of Mauritius shrank 8.7% from a year earlier in the first quarter of 2021, following an upwardly revised 11.3% contraction in the previous period. It was the fifth consecutive quarter of economic downturn, attributed to the hospitality sector's poor performance (-82% vs -74.7% in Q4) as the tourism-dependent nation returned to a full lockdown in March 2021, with all international flights to and from the island suspended for more than two months. Meanwhile, smaller declines were seen in manufacturing (-5.6% vs -11.3%) and mining (-0.6% vs -5.7%). On a brighter note, output rebounded in agriculture (11.3% vs -3.1%); construction (0.6% vs -2.2%); wholesale & retail trade (1.9% vs -7.7%); professional. scientific and technical activities (0.7% vs -4.1%); administrative & support services (1.2% vs -20.8%) and public administration (4.3% vs -2.1%). source: Central Statistics Office, Mauritius

GDP Annual Growth Rate in Mauritius averaged 2.78 percent from 2001 until 2021, reaching an all time high of 9.80 percent in the first quarter of 2003 and a record low of -32.80 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 August of 2021.

GDP Annual Growth Rate in Mauritius is expected to be 20.00 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 3.30 in 12 months time. In the long-term, the Mauritius GDP Annual Growth Rate is projected to trend around 6.00 percent in 2022 and 4.60 percent in 2023, according to our econometric models.

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Mauritius GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-8.70 -11.30 9.80 -33.00 2001 - 2021 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-30 11:00 AM Q2 -32.5% -2.6% -14%
2020-12-23 11:00 AM Q3 -12.5% -32.5% -12%
2021-03-31 11:00 AM Q4 -10.9% -12.5% -10%
2021-06-28 12:30 PM Q1 -8.7% -11.3% -8.5%
2021-09-30 11:00 AM Q2 -8.7%
2021-12-23 11:00 AM Q3


News Stream
Mauritius Economy Remains in Recession
The economy of Mauritius shrank 8.7% from a year earlier in the first quarter of 2021, following an upwardly revised 11.3% contraction in the previous period. It was the fifth consecutive quarter of economic downturn, attributed to the hospitality sector's poor performance (-82% vs -74.7% in Q4) as the tourism-dependent nation returned to a full lockdown in March 2021, with all international flights to and from the island suspended for more than two months. Meanwhile, smaller declines were seen in manufacturing (-5.6% vs -11.3%) and mining (-0.6% vs -5.7%). On a brighter note, output rebounded in agriculture (11.3% vs -3.1%); construction (0.6% vs -2.2%); wholesale & retail trade (1.9% vs -7.7%); professional. scientific and technical activities (0.7% vs -4.1%); administrative & support services (1.2% vs -20.8%) and public administration (4.3% vs -2.1%).
2021-06-28
Mauritius Economy Remains in Recession
The economy of Mauritius shrank 10.9 percent from a year earlier in the fourth quarter of 2020, following a 12.5 percent contraction in the previous period. It was the fourth consecutive quarter of economic downturn, as the Covid-19 crisis continued to hit mostly the all-important tourism sector as reflected in accommodation and food services (-74.7 percent vs -87.4 percent in Q3). Output also continued to fall in manufacturing (-11.3 percent vs -14.8 percent); transportation & storage (-19.8 percent vs -21.1 percent); wholesale & retail trade; repair of motor vehicles and motorcycles (-7.8 percent vs -12.9 percent) and arts, entertainment and recreation (-17.1 percent vs -21.6 percent). Considering the full year of 2020, the GDP plunged 14.7 percent, amid a sharp decline in tourist arrivals linked to the Covid-19 travel restrictions.
2021-03-31
Mauritius Economic Contraction Eases in Q3
The economy of Mauritius shrank 12.5 percent from a year earlier in the third quarter of 2020, easing from a record contraction of 32.5 percent in the previous three-month period, with the coronavirus crisis continuing to weigh on activity and demand. The tourism sector was the hardest hit and accommodation and food service activities plunged 88.5 percent (vs -98.1 percent in Q2). Also, output fell for wholesale and retail trade (-13.3 percent vs -22.9 percent), transportation and storage (-20.6 percent vs -60.0 percent), and public administration and defense (-0.7 percent vs -6.7 percent). Meanwhile, output increased for both financial and insurance activities (0.8 percent vs -1.5 percent) and real estate activities (0.9 percent vs -11.0 percent).
2020-12-23
Mauritius Economy Enters Recession in Q2
The gross domestic product of Mauritius shrank 32.5% year-on-year in the second quarter of 2020, following an upwardly revised 2.6% decline in the previous period. It was the steepest economic contraction on record, as coronavirus restrictions hit severely the country's all-important tourism sector (-98.1% vs -13.4% in Q1). Other significant decreases were seen in construction (-89.4% vs -7.2%); art, entertainment & recreation (-85% vs 2.1%); transportation & storage (-64.7% vs -12.8%); mining & quarrying (-50.9% vs -4.7%) and manufacturing (-43.6% vs -0.8%). In contrast, information & communication recorded notable growth (7% vs 3.4%) amid the increased use of the technology during the pandemic.
2020-09-30

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.