[ Nominal GDP in billions of USD ]
Year -
$14.94 billions
Mauritius GDP expanded from 1960 to 2024, increasing from $0.16 billion to $14.94 billion.The compound annual growth rate (CAGR) averaged 7.35% over the period. The economy recorded its peak level in 2018 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 22.66%, indicating the largest cyclical decline from peak levels. The country experienced 12 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 14.94 Billions | $ 39.67 Int Billions |
| Growth (YoY) | 6.151% | 7.462% |
| Net Change vs Previous Year | $ 0.87 Billion | $ 2.75 Int Billion |
| % of World GDP | 0.01% | 0.02% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.16 | - | - | - | - | - |
| 1961 | 0.19 | 0.03 | 18.304 % | - | - | - |
| 1962 | 0.2 | 0.01 | 3.119 % | - | - | - |
| 1963 | 0.25 | 0.06 | 28.372 % | - | - | - |
| 1964 | 0.22 | -0.03 | -13.759 % | - | - | - |
| 1965 | 0.23 | 0.01 | 5.075 % | - | - | - |
| 1966 | 0.23 | 0 | -1.083 % | - | - | - |
| 1967 | 0.24 | 0.01 | 4.793 % | - | - | - |
| 1968 | 0.21 | -0.03 | -13.363 % | - | - | - |
| 1969 | 0.22 | 0.01 | 7.25 % | - | - | - |
| 1970 | 0.22 | 0 | 1.161 % | - | - | - |
| 1971 | 0.25 | 0.03 | 12.186 % | - | - | - |
| 1972 | 0.32 | 0.07 | 26.737 % | - | - | - |
| 1973 | 0.4 | 0.09 | 26.869 % | - | - | - |
| 1974 | 0.67 | 0.27 | 65.698 % | - | - | - |
| 1975 | 0.67 | 0 | 0.51 % | - | - | - |
| 1976 | 0.71 | 0.04 | 5.97 % | - | - | - |
| 1977 | 0.83 | 0.12 | 16.988 % | - | - | - |
| 1978 | 1.03 | 0.19 | 23.279 % | - | - | - |
| 1979 | 1.23 | 0.2 | 19.281 % | - | - | - |
| 1980 | 1.15 | -0.08 | -6.552 % | - | - | - |
| 1981 | 1.16 | 0.01 | 0.936 % | - | - | - |
| 1982 | 1.09 | -0.06 | -5.601 % | - | - | - |
| 1983 | 1.1 | 0.01 | 1.101 % | - | - | - |
| 1984 | 1.05 | -0.05 | -4.561 % | - | - | - |
| 1985 | 1.09 | 0.04 | 3.418 % | - | - | - |
| 1986 | 1.48 | 0.39 | 35.942 % | - | - | - |
| 1987 | 1.91 | 0.42 | 28.57 % | - | - | - |
| 1988 | 2.16 | 0.26 | 13.487 % | - | - | - |
| 1989 | 2.21 | 0.05 | 2.222 % | - | - | - |
| 1990 | 2.69 | 0.48 | 21.612 % | 5.3 | - | - |
| 1991 | 2.9 | 0.21 | 7.666 % | 5.73 | 0.42 | 7.967 % |
| 1992 | 3.27 | 0.37 | 12.859 % | 6.24 | 0.51 | 8.94 % |
| 1993 | 3.31 | 0.04 | 1.213 % | 6.71 | 0.47 | 7.573 % |
| 1994 | 3.61 | 0.3 | 9.033 % | 7.14 | 0.43 | 6.36 % |
| 1995 | 4.09 | 0.49 | 13.552 % | 7.6 | 0.46 | 6.474 % |
| 1996 | 4.48 | 0.39 | 9.445 % | 8.17 | 0.57 | 7.521 % |
| 1997 | 4.24 | -0.24 | -5.305 % | 8.79 | 0.61 | 7.51 % |
| 1998 | 4.23 | -0.02 | -0.423 % | 9.42 | 0.64 | 7.264 % |
| 1999 | 4.4 | 0.18 | 4.174 % | 9.81 | 0.38 | 4.063 % |
| 2000 | 4.73 | 0.32 | 7.358 % | 10.85 | 1.04 | 10.654 % |
| 2001 | 4.68 | -0.05 | -1.065 % | 11.47 | 0.62 | 5.675 % |
| 2002 | 4.91 | 0.23 | 4.935 % | 11.83 | 0.37 | 3.194 % |
| 2003 | 5.89 | 0.99 | 20.144 % | 12.78 | 0.95 | 8.017 % |
| 2004 | 6.67 | 0.77 | 13.105 % | 13.69 | 0.91 | 7.136 % |
| 2005 | 6.58 | -0.09 | -1.37 % | 14.37 | 0.68 | 4.969 % |
| 2006 | 7.14 | 0.56 | 8.54 % | 15.54 | 1.16 | 8.099 % |
| 2007 | 8.28 | 1.14 | 15.968 % | 16.87 | 1.34 | 8.591 % |
| 2008 | 10.13 | 1.85 | 22.354 % | 18.13 | 1.25 | 7.417 % |
| 2009 | 9.26 | -0.86 | -8.524 % | 18.84 | 0.72 | 3.952 % |
| 2010 | 10.14 | 0.88 | 9.501 % | 19.91 | 1.06 | 5.646 % |
| 2011 | 11.68 | 1.53 | 15.111 % | 21.15 | 1.24 | 6.225 % |
| 2012 | 11.83 | 0.15 | 1.324 % | 21.68 | 0.53 | 2.51 % |
| 2013 | 12.43 | 0.6 | 5.09 % | 23.21 | 1.53 | 7.072 % |
| 2014 | 13.23 | 0.8 | 6.401 % | 24.33 | 1.13 | 4.851 % |
| 2015 | 12.16 | -1.07 | -8.074 % | 25.6 | 1.26 | 5.193 % |
| 2016 | 12.76 | 0.6 | 4.896 % | 27.74 | 2.14 | 8.374 % |
| 2017 | 13.9 | 1.14 | 8.93 % | 28.96 | 1.22 | 4.404 % |
| 2018 | 14.96 | 1.06 | 7.632 % | 29.63 | 0.67 | 2.316 % |
| 2019 | 14.65 | -0.31 | -2.088 % | 30.86 | 1.22 | 4.13 % |
| 2020 | 11.57 | -3.08 | -21.025 % | 27.37 | -3.48 | -11.293 % |
| 2021 | 11.62 | 0.06 | 0.484 % | 29.14 | 1.77 | 6.449 % |
| 2022 | 12.94 | 1.31 | 11.309 % | 33.93 | 4.79 | 16.442 % |
| 2023 | 14.07 | 1.14 | 8.78 % | 36.91 | 2.98 | 8.787 % |
| 2024 | 14.94 | 0.87 | 6.151 % | 39.67 | 2.75 | 7.462 % |
Between 1960 to 2024, Mauritius experienced the following economic phases:
The most remarkable growth occurred in 1974 with an increase of 65.698%, while the largest decline was in 2020 at -21.025%.