Mauritius's GDP changed from approximately $1B 242M in 1980 to $16B 359M in 2024, showing an overall 1217.1% sharply increased during the period.
The lowest GDP was recorded in 1984 at $1B 108M, and the highest in 2024 at $16B 359M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.0%.
For comparison, the average annual growth rate of Seychelles was 6.3%, and that of Comoros was 4.1%.
Overview of Mauritius's GDP (1980–2024)
The Gross Domestic Product (GDP) of Mauritius recorded a 1217.1% sharply increased from 1980 to 2024.
The average GDP during this period was $7B 33M, and the median was $5B 123M.
GDP fluctuated within a range of $15B 251M, with a standard deviation of $4B 741M.
The average annual change was $350M 44K.
Highest and Lowest GDP Records
- Lowest GDP: 1984, $1B 108M
- Highest GDP: 2024, $16B 359M
- Most Recent GDP: 2024, $16B 359M
Notable Annual GDP Changes
- 2024: Significant increase in GDP
- 2020: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Mauritius's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $14B 436M → $11B 408M
- Outcome: sharply declined
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $8B 260M → $9B 252M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $4B 935M → $4B 882M
- Outcome: declined
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $4B 310M → $4B 354M
- Outcome: increased
Key Economic Indicators of Mauritius (1980–2024)
year | GDP Growth | Nominal GDP | PPP GDP | GDP per Capita | PPP per Capita | Savings | Population | Current Account | Fiscal Balance |
---|---|---|---|---|---|---|---|---|---|
1980 | -10.06 % | $ 1B 242M | $ 1B 954M | $ 1,285.18 | $ 2,022.73 | 13.15 % | 966,000 people | -9.434 % | 0 % |
1981 | 5.882 % | $ 1B 179M | $ 2B 265M | $ 1,202.56 | $ 2,309.86 | 7.39 % | 980,000 people | -12.452 % | 0 % |
1982 | 5.497 % | $ 1B 131M | $ 2B 537M | $ 1,139.54 | $ 2,555.98 | 14.13 % | 993,000 people | -3.635 % | 0 % |
1983 | 0.384 % | $ 1B 198M | $ 2B 646M | $ 1,195.62 | $ 2,641.85 | 11.12 % | 1M 2K people | -1.598 % | 0 % |
1984 | 4.775 % | $ 1B 108M | $ 2B 873M | $ 1,094.96 | $ 2,838.07 | 15.33 % | 1M 12K people | -4.609 % | 0 % |
1985 | 6.876 % | $ 1B 122M | $ 3B 167M | $ 1,099.75 | $ 3,103.67 | 17.03 % | 1M 20K people | -2.631 % | 0 % |
1986 | 9.742 % | $ 1B 515M | $ 3B 546M | $ 1,473.69 | $ 3,448.14 | 21.08 % | 1M 28K people | 6.208 % | 0 % |
1987 | 10.163 % | $ 1B 919M | $ 4B 3M | $ 1,852.04 | $ 3,863.70 | 27.66 % | 1M 36K people | 3.391 % | 0 % |
1988 | 6.791 % | $ 2B 225M | $ 4B 426M | $ 2,132.88 | $ 4,242.30 | 22.18 % | 1M 42K people | -2.525 % | 0 % |
1989 | 4.465 % | $ 2B 286M | $ 4B 805M | $ 2,174.94 | $ 4,570.38 | 27.53 % | 1M 51K people | -4.529 % | 0 % |
1990 | 7.187 % | $ 2B 743M | $ 5B 343M | $ 2,590.27 | $ 5,046.10 | 22.89 % | 1M 59K people | -4.35 % | 0 % |
1991 | 4.435 % | $ 3B 17M | $ 5B 768M | $ 2,819.08 | $ 5,389.67 | 24.98 % | 1M 70K people | -0.551 % | 0 % |
1992 | 6.513 % | $ 3B 398M | $ 6B 284M | $ 3,133.03 | $ 5,794.76 | 24.86 % | 1M 84K people | -0.004 % | 0 % |
1993 | 5.082 % | $ 3B 502M | $ 6B 760M | $ 3,191.19 | $ 6,160.11 | 15.28 % | 1M 97K people | -2.628 % | 0 % |
1994 | 4.136 % | $ 3B 887M | $ 7B 190M | $ 3,492.71 | $ 6,460.80 | 16.75 % | 1M 113K people | -5.971 % | 0 % |
1995 | 4.288 % | $ 4B 439M | $ 7B 655M | $ 3,954.76 | $ 6,820.17 | 12.77 % | 1M 122K people | -0.492 % | 0 % |
1996 | 5.588 % | $ 4B 590M | $ 8B 231M | $ 4,047.25 | $ 7,258.50 | 14.61 % | 1M 134K people | 0.741 % | 0 % |
1997 | 5.687 % | $ 4B 310M | $ 8B 849M | $ 3,753.50 | $ 7,706.51 | 17.30 % | 1M 148K people | -2.064 % | 0 % |
1998 | 6.072 % | $ 4B 354M | $ 9B 492M | $ 3,751.71 | $ 8,179.87 | 14.96 % | 1M 160K people | 0.076 % | 0 % |
1999 | 2.611 % | $ 4B 597M | $ 9B 878M | $ 3,911.11 | $ 8,404.68 | 28.79 % | 1M 175K people | -2.702 % | 0 % |