Economy

The Mauritian economy is based on export of sugar, products from the Export Processing Zone and tourism. Since 1989, a Stock Exchange was established to finance the increased investment needs of the economy. Mauritius is being developed into a viable centre for
financial services, exploiting its geographical location interfacing African and South East Asian markets.

Main Economic Indicators

19881989199019911992199319941995
Population (Island of Mauritius)1,009,3321,017,3071,024,5711,035,8071,049,9671,063,4001,077,9461,087,343
Real annual growth rate (GDP at factor cost)%6.14.77.24.36.74.95.25.5
GDP at market pricesmn2,0692,1162,5592,7383,1933,2003,5074,042
Per capita GNP at market pricesmn1,9922,0602,4752,6492,9552,9193,1323,570
Gross Domestic Fixed Capital Formation (Investment)mn5955627987918879101,0891,073
Inflation Rate%9.212.613.57.04.610.57.3
Total Imports (c.i.f. value)mn1,2991,3261,6161,5581,6231,7181,9192,062
Total Exports (f.o.b. value)mn1,0311,0181,2281,2331,3221,3331,3751,611
Balance of Visible Trademn-20-20-26-21-19-22-30-26
Export Processing Zone - Exportsmn6085947727758418969211,084
Overall Balance of Paymentsmn203131205199196-40-176
Sugar Productionmetric tons634,224568,301624,302611,340643,168565,026500,209550,000
Tourist Arrivals239,300262,790291,550300,670335,400374,630400,526420,000
Tourist Earningsmn177183244252299300337
Foreign Reserves *mn413459648778975806777776
Unemployment rate%3.63.32.62.12.11.81.6

(*) Includes Reserve Position of Mauritius in IMF as from 1991

mn - million US$

Source: Central Statistical Office


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This page last updated on 12 January, 1996