Country intelligence
Mauritius
Last updated 15 Nov 2026, 05:19 UTC (sources checked) · figures last changed 15 Nov 2026 · news checked 14 Nov 2026, 16:29 UTC
Partner risk indices
- Country Risk Index
- 40.2
- Political Risk Index
- 38.2
- Short-Term Economic Risk Index
- 37.5
- Long-Term Economic Risk Index
- 45.1
- Operational Risk Index
- 41.2
Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.
Key indicators
| Indicator | Value | Period | Source |
|---|---|---|---|
| Real GDP growth | 3.2% | 2025 (estimate) | IMF WEO |
| Inflation, average consumer prices | 3.7% | 2025 (estimate) | IMF WEO |
| GDP, current prices | US$16.1bn | 2025 (estimate) | IMF WEO |
| GDP per capita, current prices | US$12,935 | 2025 (estimate) | IMF WEO |
| General government gross debt | 86.8% | 2025 (estimate) | IMF WEO |
| Government net lending (+) / borrowing (-) | -3.8% | 2025 (estimate) | IMF WEO |
| Current account balance | -7% | 2025 (estimate) | IMF WEO |
| Population | 1.2 million | 2025 | World Bank WDI |
| Population growth | -0.16% | 2025 | World Bank WDI |
| Urban population | 39% | 2025 | World Bank WDI |
| Unemployment (modelled ILO estimate) | 5.6% | 2025 | World Bank WDI |
| Foreign direct investment, net inflows | 5% | 2025 | World Bank WDI |
| External debt stocks | 126.5% | 2025 | World Bank WDI |
| Official exchange rate (period average) | 46 LCU per USD | 2025 | World Bank WDI |
| Trade (exports plus imports) | 139.9% | 2025 | World Bank WDI |
| Bank lending interest rate | 9% | 2025 | World Bank WDI |
| Domestic credit to the private sector | 72% | 2025 | World Bank WDI |
| Internet users | 73.3% | 2024 | World Bank WDI |
| Mobile subscriptions | 172.7 per 100 people | 2024 | World Bank WDI |
| Fixed broadband subscriptions | 27.97 per 100 people | 2024 | World Bank WDI |
| Access to electricity | 100% | 2024 | World Bank WDI |
| Renewable share of final energy consumption | 8.6% | 2021 | World Bank WDI |
| Oil rents | 0% | 2021 | World Bank WDI |
| Fuel exports | 0% | 2025 | World Bank WDI |
| Mineral rents | 0% | 2021 | World Bank WDI |
| Ores and metals exports | 2.1% | 2025 | World Bank WDI |
| Agriculture, forestry and fishing, value added | 4.6% | 2025 | World Bank WDI |
| Employment in agriculture | 4.7% | 2025 | World Bank WDI |
| Manufacturing, value added | 11.2% | 2025 | World Bank WDI |
| Industry (including construction), value added | 17.7% | 2025 | World Bank WDI |
| Services, value added | 63.9% | 2025 | World Bank WDI |
| Political stability and absence of violence | 81.93 | 2025 | World Bank WGI |
| Regulatory quality | 71.54 | 2025 | World Bank WGI |
| Rule of law | 69.77 | 2025 | World Bank WGI |
| Control of corruption | 55.96 | 2025 | World Bank WGI |
| Government effectiveness | 69.94 | 2025 | World Bank WGI |
Market overview
- Mauritius is in East Africa and is classified by the World Bank as Upper middle income. (World Bank)
- Population: 1.2 million (2025). (World Bank WDI)
- GDP: US$16.1bn in 2025 (estimate). (IMF WEO)
Economic conditions
- Real GDP growth: 3.2% in 2025 (estimate); the IMF projects 2.7% for 2026. (IMF WEO)
- Average consumer price inflation: 3.7% in 2025 (estimate); projected 4.7% for 2026. (IMF WEO)
- General government gross debt: 86.8% of GDP in 2025 (estimate). (IMF WEO)
- Current account balance: -7% of GDP in 2025 (estimate). (IMF WEO)
- Government net lending/borrowing: -3.8% of GDP in 2025 (estimate). (IMF WEO)
- Official exchange rate averaged 46 local currency units per US dollar in 2025, against 45.27 in 2023: 1.6% 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 40.2 (rank 1 of 53 in Africa, 1 = lowest risk); Political Risk Index 38.2 (rank 1 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 37.5 (rank 1 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 45.1 (rank 3 of 53 in Africa, 1 = lowest risk); Operational Risk Index 41.2 (rank 1 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
- Highest-scoring Partner risk component: labour market risk (56, operational). (Partner Research Partner)
- World Bank governance scores (2025, 0-100, higher is better): control of corruption 56; government effectiveness 7; political stability and absence of violence 82; rule of law 7; regulatory quality 72. (World Bank WGI)
- External debt stocks: 126.5% of GNI (2025). (World Bank WDI)
- Unemployment (modelled ILO estimate): 5.6% of labour force (2025). (World Bank WDI)
Investment considerations
- Foreign direct investment, net inflows: 5% of GDP (2025). (World Bank WDI)
- Domestic credit to the private sector: 72% of GDP (2025). (World Bank WDI)
- Bank lending interest rate: 9% (2025). (World Bank WDI)
- Trade (exports plus imports): 139.9% of GDP (2025). (World Bank WDI)
- The Meridian holds 374 published records tagged to Mauritius. (The Meridian)
Sector snapshot
- Energy and power: access to electricity 100% of population (2024); renewable share of final energy consumption 8.6% (2021). (World Bank WDI)
- Mining and minerals: mineral rents 0% of GDP (2021); ores and metals exports 2.1% of merchandise exports (2025). (World Bank WDI)
- Financial services: foreign direct investment, net inflows 5% of GDP (2025); bank lending interest rate 9% (2025). (World Bank WDI)
- Technology, media and telecoms: internet users 73.3% of population (2024); mobile subscriptions 172.7 per 100 people (2024). (World Bank WDI)
- Agriculture: agriculture, forestry and fishing, value added 4.6% of GDP (2025); employment in agriculture 4.7% of employment (2025). (World Bank WDI)
- Manufacturing and industry: manufacturing, value added 11.2% of GDP (2025); industry (including construction), value added 17.7% of GDP (2025). (World Bank WDI)
- Infrastructure and real estate: urban population 39% of population (2025); access to electricity 100% of population (2024). (World Bank WDI)
Data limitations and sources
- Older data, shown with its period and not described as current: Renewable share of final energy consumption (Latest published value is for 2021); 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
- Mediterrania Capital Partners completes investment in Atlantic Group’s AFG Assurances
- Mediterrania Capital Partners invests in AFG Assurances’ operations in Francophone Africa
- Verod Capital Growth Fund IV (US$250m target) – proposed IFC US$15m equity + US$10m co-invest
- Circle Ventures invests in CrissCross’ operations in Africa
- Finnfund invests EUR 10 million in Bisedge Holdings’ operations in Nigeria, Tanzania and Kenya
- Energy and Environment Partnership Trust Fund (EEP Africa) invests EUR 1 million in Solarise Africa’s operations in Uganda and Zambia
Meridian articles
Economic baseline (World Bank / IMF)
- GDP
- $16.1bn2025
- Real GDP growth
- 3.2%2025
- GDP per capita
- $12,9352025
- Consumer price inflation
- 3.7%2025
- Population
- 1.2m2025
- Current account balance (% of GDP)
- -7.0%2025
- General government gross debt (% of GDP)
- 86.8%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 Mauritius
- Absa Bank Limited
- Adenia Partners
- Advanced Finance & Investment Group LLC (AFIG Funds)
- Africa Eats Ltd
- African Capital Alliance (ACA)
- AfricaWorks Investment Partners
- AfricInvest
- AfricInvest Europe S.A.S.
- Allies Private Equity
- Allies Private Equity
- Alterra Capital Partners
- Amaya Capital
- CIEL Finance Limited
- Compass Venture Capital
- Enko Capital
- Equitable Ventures Limited
- Exeo Capital
- Grit Real Estate Income Group Limited
- GuarantCo
- IBL Group Ltd
- Injaro Investments Limited
- International Finance Corporation (IFC)
- Launch Africa Ventures
- Mauritius Investment Corporation Ltd (MIC)