The Bank Group’s Country Strategy Paper (CSP) for Mauritius (2009–2013) approved by the Board in September, 2009 (ADB/DB/WP/2009/146) expires at the end of 2013. Designed to help the economy respond to the global economic downturn while supporting the country’s development priorities, it is anchored on two pillars: (i) reducing structural bottlenecks to competitiveness and trade and (ii) enhancing public sector efficiency and social service delivery.
The economy continues to expand steadily, with GDP growth estimated at 4% in 2017, edging up from 3.9% in 2016. Services contributed the most to growth in 2016, notably financial services (which grew 5.8%), tourism (which grew 5.5%), and information and communication technology (which grew 5.3%). Growth was underpinned by higher household consumption. However, investment remained weak, falling to 17% of GDP in 2016, well below its recent high of 25% in 2012. The short-term economic outlook is positive. GDP growth rates are projected to increase to 4.2% in 2018 and 4.3% in 2019, due to stronger investment, an increase in tourism, and an expected increase in external demand following stronger regional and global growth.
|Area:||2,000 sq km|
|Total Population 2017:||1.3 Million|
|Urban Population 2017:||73.50%|
|Female Population 2017:||49.70%|
|GDP:||US$ 14.4 Billion|
|GNI Per Capita 2015:||US$ 9,610|
|Crude Birth Rate (per 1000):||10.80%|
|Human Development Index (rank / 188):||64|
|Human Development Index (scale 0 to 1):||0.781|
|Cumulative Approvals (1967-2016):||UA 928.2 Million|