Country intelligence

Mauritania

Last updated 15 Nov 2026, 05:19 UTC (sources checked) · figures last changed 15 Nov 2026 · news checked 14 Nov 2026, 14:55 UTC

Partner risk indices

Country Risk Index
58.2
Political Risk Index
52.9
Short-Term Economic Risk Index
51
Long-Term Economic Risk Index
56.7
Operational Risk Index
68

Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.

Key indicators

IndicatorValuePeriodSource
Real GDP growth3.6%2025 (estimate)IMF WEO
Inflation, average consumer prices1.6%2025 (estimate)IMF WEO
GDP, current pricesUS$12.6bn2025 (estimate)IMF WEO
GDP per capita, current pricesUS$2,7232025 (estimate)IMF WEO
General government gross debt40.4%2025 (estimate)IMF WEO
Government net lending (+) / borrowing (-)-0.3%2025 (estimate)IMF WEO
Current account balance-5.8%2025 (estimate)IMF WEO
Population5.3 million2025World Bank WDI
Population growth2.78%2025World Bank WDI
Urban population61.5%2025World Bank WDI
Unemployment (modelled ILO estimate)10.3%2025World Bank WDI
Foreign direct investment, net inflows5.4%2025World Bank WDI
External debt stocks39.6%2025World Bank WDI
Official exchange rate (period average)36.49 LCU per USD2023World Bank WDI
Trade (exports plus imports)94%2025World Bank WDI
Bank lending interest rate17%2017World Bank WDI
Domestic credit to the private sector22.7%2019World Bank WDI
Internet users45.8%2024World Bank WDI
Mobile subscriptions92.07 per 100 people2024World Bank WDI
Fixed broadband subscriptions0.95 per 100 people2024World Bank WDI
Access to electricity52.2%2024World Bank WDI
Renewable share of final energy consumption19.6%2022World Bank WDI
Oil rents0%2021World Bank WDI
Fuel exports0.5%2024World Bank WDI
Mineral rents9.6%2021World Bank WDI
Ores and metals exports33.7%2024World Bank WDI
Agriculture, forestry and fishing, value added20%2025World Bank WDI
Employment in agriculture32.1%2025World Bank WDI
Manufacturing, value added4.6%2025World Bank WDI
Industry (including construction), value added29.7%2025World Bank WDI
Services, value added42.4%2025World Bank WDI
Political stability and absence of violence54.142025World Bank WGI
Regulatory quality43.062025World Bank WGI
Rule of law45.312025World Bank WGI
Control of corruption28.972025World Bank WGI
Government effectiveness36.852025World Bank WGI
Headline inflation, monthly (y/y)10.3%2026-10Partner Research Partner
Monetary policy rate, monthly6%2026-10Partner Research Partner

Market overview

  • Mauritania is in West Africa and is classified by the World Bank as Lower middle income. (World Bank)
  • Population: 5.3 million (2025). (World Bank WDI)
  • GDP: US$12.6bn in 2025 (estimate). (IMF WEO)

Economic conditions

  • Real GDP growth: 3.6% in 2025 (estimate); the IMF projects 4.4% for 2026. (IMF WEO)
  • Average consumer price inflation: 1.6% in 2025 (estimate); projected 8% for 2026. (IMF WEO)
  • General government gross debt: 40.4% of GDP in 2025 (estimate). (IMF WEO)
  • Current account balance: -5.8% of GDP in 2025 (estimate). (IMF WEO)
  • Government net lending/borrowing: -0.3% of GDP in 2025 (estimate). (IMF WEO)
  • Official exchange rate averaged 36.49 local currency units per US dollar in 2023, against 36.06 in 2021: 1.2% more units per dollar (the currency weakened against the dollar). (World Bank WDI)

Key risks

  • Partner risk indices (0-100, higher = higher risk), as of 8 Nov 2026: Country Risk Index 58.2 (rank 27 of 53 in Africa, 1 = lowest risk); Political Risk Index 52.9 (rank 31 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 51 (rank 14 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 56.7 (rank 26 of 53 in Africa, 1 = lowest risk); Operational Risk Index 68 (rank 35 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
  • Highest-scoring Partner risk component: logistics risk (77.2, operational). (Partner Research Partner)
  • World Bank governance scores (2025, 0-100, higher is better): control of corruption 29; government effectiveness 37; political stability and absence of violence 54; rule of law 45; regulatory quality 43. (World Bank WGI)
  • External debt stocks: 39.6% of GNI (2025). (World Bank WDI)
  • Unemployment (modelled ILO estimate): 10.3% of labour force (2025). (World Bank WDI)

Investment considerations

  • Foreign direct investment, net inflows: 5.4% of GDP (2025). (World Bank WDI)
  • Domestic credit to the private sector: 22.7% of GDP (2019). (World Bank WDI)
  • Bank lending interest rate: 17% (2017). (World Bank WDI)
  • Trade (exports plus imports): 94% of GDP (2025). (World Bank WDI)
  • The Meridian holds 85 published records tagged to Mauritania. (The Meridian)

Sector snapshot

  • Energy and power: access to electricity 52.2% of population (2024); renewable share of final energy consumption 19.6% (2022). (World Bank WDI)
  • Mining and minerals: mineral rents 9.6% of GDP (2021); ores and metals exports 33.7% of merchandise exports (2024). (World Bank WDI)
  • Financial services: foreign direct investment, net inflows 5.4% of GDP (2025); bank lending interest rate 17% (2017). (World Bank WDI)
  • Technology, media and telecoms: internet users 45.8% of population (2024); mobile subscriptions 92.1 per 100 people (2024). (World Bank WDI)
  • Agriculture: agriculture, forestry and fishing, value added 20% of GDP (2025); employment in agriculture 32.1% of employment (2025). (World Bank WDI)
  • Manufacturing and industry: manufacturing, value added 4.6% of GDP (2025); industry (including construction), value added 29.7% of GDP (2025). (World Bank WDI)
  • Infrastructure and real estate: urban population 61.5% of population (2025); access to electricity 52.2% of population (2024). (World Bank WDI)

Data limitations and sources

  • Older data, shown with its period and not described as current: Official exchange rate (period average) (Latest published value is for 2023); Bank lending interest rate (Latest published value is for 2017); Domestic credit to the private sector (Latest published value is for 2019); Renewable share of final energy consumption (Latest published value is for 2022); Oil rents (Latest published value is for 2021); Mineral rents (Latest published value is for 2021).
  • IMF figures for the most recent year are IMF estimates and later years are projections. World Bank series typically lag by one to two years. Headlines come from automated news monitoring and are not verified by The Meridian.
  • Sources last checked 15 Nov 2026.

Meridian transactions

Economic baseline (World Bank / IMF)

GDP
$12.6bn2025
Real GDP growth
3.6%2025
GDP per capita
$2,7232025
Consumer price inflation
1.6%2025
Population
4.6m2025
Current account balance (% of GDP)
-5.8%2025
General government gross debt (% of GDP)
40.4%2025

Sources: IMF World Economic Outlook via the IMF DataMapper (latest year shown is no later than 2025; recent years may be IMF estimates). Latest available year shown; refreshed weekly. Compare all 54 markets.

Investors active in Mauritania

All investors and indicators for Mauritania