Mauritius

Description of Mauritius

Mauritius, a small island nation located in the Indian Ocean off the southeast coast of the African continent, is a unique blend of cultures, landscapes, and economic opportunities. With a rich history of colonial influences, a diverse population, and a strategic geographic location, Mauritius has emerged as a dynamic player in the global economy. From its stunning beaches to its burgeoning financial services sector, Mauritius offers a fascinating backdrop for exploring the intersections of geopolitics, macroeconomics, and international relations.

Population And Age Structure

- The Population, total of Mauritius is 1,266,014, which is significantly below the average of 40,097,746, ranking 153 out of 194 countries.
- With Population ages 0-14 (% of total population) at 17.03%, Mauritius is below the average of 27.34%, placing it in the 151st position out of 194 countries.
- The Population ages 0-14, total in Mauritius stands at 215,599, well below the average of 10,327,380, positioning it at 159 out of 194 countries.
- Mauritius has a Population ages 15-64 (% of total population) of 71.19%, above the average of 63.44%, ranking 15 out of 194 countries.
- The Population ages 15-64, total in Mauritius is 901,239, below the average of 26,003,407, placing it in the 151st position out of 194 countries.
- With Population ages 65 and above (% of total population) at 11.78%, Mauritius exceeds the average of 9.22%, ranked 62 out of 194 countries.
- The Population ages 65 and above, total in Mauritius is 149,176, significantly below the average of 3,766,959, placing it in the 140th position out of 194 countries.

Summary

Mauritius has a relatively small total population compared to the global average, with a higher percentage of working-age population (ages 15-64) and a smaller percentage of children (ages 0-14) and elderly population (ages 65 and above). This demographic profile is important as it indicates a potentially productive workforce supporting a smaller dependent population, which could positively impact the country's economic productivity and development initiatives.

Population Miscellaneous

- The rural population of Mauritius is 749,987, well below the average rural population of 18,044,041. Mauritius ranks 137th out of 190 countries in terms of rural population.
- Mauritius has a rural population (% of total population) of 59.24%, which is above the average of 41.16%. This places Mauritius at the 47th rank out of 190 countries.
- The urban population in Mauritius is 516,027, considerably lower than the average urban population of 22,425,747. Mauritius ranks 156th out of 194 countries in urban population.
- With an urban population (% of total population) of 40.76%, Mauritius is below the average of 59.69%. This places Mauritius at the 148th rank out of 194 countries.
- Mauritius has an age dependency ratio (% of working-age population) of 40.47%, which is below the average of 59.22%. The country ranks 180th out of 194 countries in this aspect.
- The crude birth rate in Mauritius is 10.6 per 1,000 people, lower than the average of 19.38. This puts Mauritius at the 147th rank out of 192 countries.
- The crude death rate in Mauritius is 8.7 per 1,000 people, slightly above the average of 8.21. Mauritius ranks 70th out of 192 countries in this metric.
- The total fertility rate in Mauritius is 1.44 births per woman, significantly below the average of 2.60. Mauritius ranks 165th out of 190 countries in fertility rate.

Summary

Mauritius stands out for having a relatively low rural population and a high urban population compared to global averages. Additionally, the country has a lower age dependency ratio and fertility rate, indicating a more stable demographic structure. These statistics are crucial as they reflect Mauritius' demographic trends, urbanization levels, and potential implications for future labor force dynamics and social welfare systems.

Military

Military expenditure (current USD): Mauritius has a military expenditure of 18,478,399.39 USD, significantly below the average of 12,904,993,617.17 USD. Mauritius ranks 145th out of 149 countries in this regard.

Military expenditure (% of GDP): Mauritius spends 0.16% of its GDP on the military, far lower than the average of 1.90%. This places Mauritius at 148th out of 148 countries in terms of this metric.

Armed forces personnel, total: Mauritius has 3,000 armed forces personnel, well below the average of 165,908.54. This places Mauritius at 152nd out of 164 countries in terms of total armed forces personnel.

Armed forces personnel (% of total labor force): In Mauritius, 0.52% of the total labor force are armed forces personnel, which is below the average of 1.28%. Mauritius ranks 109th out of 164 countries in this category.

Summary

Overall, Mauritius demonstrates a notably low level of military expenditure compared to global averages, with modest spending on armed forces personnel both in absolute numbers and as a percentage of GDP and total labor force. These indicators suggest that Mauritius prioritizes non-military sectors for investment and development, potentially highlighting a focus on economic growth and stability over defense expenditures.

Natural Resources

1. Forest Area (sq. km): Mauritius has a forest area of 387.7 sq. km, which is significantly below the average of 211,606.11 sq. km. Mauritius ranks 165 out of 191 countries in this attribute.

2. Land Area (sq. km): With a land area of 1997 sq. km, Mauritius is well below the average of 665,166.51 sq. km. In this aspect, Mauritius is ranked 169 out of 194 countries.

3. Surface Area (sq. km): Similarly, Mauritius has a surface area of 2007 sq. km, much lower than the average of 689,779.56 sq. km. Mauritius holds the rank of 169 out of 194 countries.

4. Arable Land (hectares): Mauritius possesses 75,000 hectares of arable land, significantly lower than the average of 7,329,543.16 hectares. The country ranks 151 out of 190 countries in this attribute.

5. Land under Cereal Production (hectares): The land under cereal production in Mauritius is 87 hectares, a considerable deviation from the average of 4,206,011.63 hectares. Mauritius ranks 168 out of 174 countries in this category.

6. Average Precipitation in Depth (mm per year): Mauritius experiences an average precipitation depth of 2041 mm per year, which surpasses the average of 1157.83 mm per year. The country ranks 30 out of 178 nations in this aspect.

7. Renewable Internal Freshwater Resources, Total (billion cubic meters): Mauritius has 2.751 billion cubic meters of renewable internal freshwater resources, below the average of 240.41 billion cubic meters. In this attribute, Mauritius holds the rank of 145 out of 178 countries.

Summary

Analysis of key macroeconomic indicators for Mauritius reveals significant disparities in various natural resource metrics compared to global averages. The country has limited forest, land, and arable land areas, ranking relatively low in these categories. However, Mauritius excels in average precipitation depth, indicating a potential advantage for agricultural productivity. Understanding these statistics is crucial for policymakers to develop sustainable land use and water resource management strategies to enhance economic resilience and environmental sustainability in Mauritius.

Resource Rents

Total natural resources rents (% of GDP): Mauritius has a value of 0.003% which is significantly below the attribute average of 4.63%. This places Mauritius at rank 171 out of 175 countries in the dataset.

Forest rents (% of GDP): Mauritius has a value of 0.003%, also notably lower than the attribute average of 1.53%. This places Mauritius at rank 161 out of 174 countries in the dataset.

Summary

Mauritius has low values for both total natural resources rents and forest rents as a percentage of its GDP, ranking 171st and 161st out of 175 and 174 countries respectively. This indicates that Mauritius does not heavily rely on natural resources, particularly forests, for economic output compared to other countries in the dataset.

These findings are important as they suggest that Mauritius has likely diversified its economy away from dependence on natural resources. This diversification may contribute to greater economic stability and resilience, as the country is less vulnerable to fluctuations in commodity prices or depletion of natural resources.

Commodities

- Mauritius has a cereal production of 778 metric tons, significantly below the average of 17,249,945.93 metric tons, ranking 165 out of 174 countries in the dataset. - With an aquaculture production of 3,298 metric tons, well below the average of 679,642.92 metric tons, Mauritius ranks 102 out of 180 countries. - The country's capture fisheries production is 25,989.69 metric tons, also below the average of 467,453.06 metric tons, ranking 119 out of 190 countries. - Mauritius' total fisheries production is 29,287.69 metric tons, below the average of 1,153,914.85 metric tons, placing it at 118 out of 182 countries. - In terms of fertilizer consumption, at 150.47 kilograms per hectare of arable land, it is slightly below the average of 159.04 kilograms, ranking 60 out of 187 countries.

Summary

Intellectual Property

Analysis of key industrial and intellectual property statistics in Mauritius:

1. Industrial design applications by nonresidents are significantly below average, with Mauritius ranking 108 out of 112 countries in the dataset.

2. Resident industrial design applications are also notably lower than average, with Mauritius ranking 71 out of 113 countries.

3. Patent applications by nonresidents in Mauritius are below average, with a ranking of 88 out of 129 countries.

4. Resident patent applications are much lower than average, with Mauritius ranking 106 out of 117 countries.

5. Nonresident trademark applications are below average, with Mauritius ranking 103 out of 130 countries.

6. Resident trademark applications in Mauritius are significantly below average, ranked 82 out of 129 countries.

7. The number of scientific and technical journal articles published in Mauritius is well below average, with a ranking of 118 out of 192 countries.

8. Charges for the use of intellectual property payments in Mauritius are considerably below average, with a ranking of 97 out of 143 countries.

9. Intellectual property receipts in Mauritius are also significantly below average, with a ranking of 92 out of 122 countries.

10. The number of researchers engaged in R&D per million people in Mauritius is notably lower than the average, with a ranking of 53 out of 72 countries.

Summary

In analyzing key industrial and intellectual property statistics in Mauritius, it is evident that the country ranks below average in various indicators such as industrial design and patent applications, trademark applications, scientific publications, intellectual property payments, receipts, and researchers engaged in R&D per million people. These rankings highlight a significant gap in the country's innovation and research capabilities compared to global standards. This could impact Mauritius' competitiveness, economic growth, and ability to attract foreign investment and technology transfer, emphasizing the need for policies that promote and support innovation and intellectual property development.

Broad Economy Attributes

- Mauritius has a GDP of 11,408,106,446.31 which is below the average GDP of 442,870,224,838.68, ranking 136th out of 189 countries in the dataset.

- The GDP, PPP of Mauritius stands at 27,048,531,776.57, still below the average of 734,141,122,350.78, ranking 134th out of 181 countries.

- In terms of GDP per capita, Mauritius has $9,011.04, below the average of $15,462.11, ranking 70th out of 190 countries.

- Mauritius' GDP per capita, PPP is $21,365.11, slightly above the average of $21,251.89, ranking 60th out of 181 countries.

- The country's GNI is $11,947,741,898.97, below the average of $452,040,815,370.70, ranked 130th out of 185 countries.

- Mauritius' GNI, PPP is $28,328,003,243.42, also below the average of $730,698,223,823.47, ranking 132nd out of 181 countries.

- For GNI per capita, PPP, Mauritius stands at $22,380, higher than the average of $20,615.75, ranking 58th out of 181 countries.

Summary

Based on the analysis of key macroeconomic indicators for Mauritius, it is evident that the country generally lags behind the global averages in terms of GDP, GDP per capita, GNI, and GNI per capita. Despite ranking relatively low among the countries in the dataset, Mauritius shows potential for growth as its GDP per capita, PPP is slightly above the average, indicating room for further economic development and prosperity.

Broad Value Added

- Gross value added at basic prices (GVA) (current US$): Mauritius has a focus country value of $10,019,789,852.49, ranking 131 out of 176 countries. This is significantly below the attribute average of $360,070,943,595.12. - Agriculture, forestry, and fishing, value added (% of GDP): Mauritius contributes 3.14% to its GDP in this sector, ranking 128 out of 182 countries. The focus country difference from the average of 10.86% is -7.71%. - Agriculture, forestry, and fishing, value added (current US$): With a value of $358,426,919.83, Mauritius ranks 150 out of 182 countries, well below the attribute average of $19,924,732,828.07. - Services, value added (% of GDP): The service sector in Mauritius contributes 68.05% to its GDP, placing it at the 32nd rank out of 183 countries, which is above the average of 56.72%. - Services, value added (current US$): Mauritius has a value of $7,762,917,633.25, ranking 121 out of 183 countries. This is below the attribute average of $295,837,711,130.69. - Industry (including construction), value added (current US$): The country's value in this sector is $1,898,470,714.35, ranking 144 out of 183 countries. It is notably lower than the attribute average of $118,421,095,413.50.

Summary

Manufacturing Value Added

For "Manufacturing, value added (current US$)", Mauritius's value is $1,233,946,239.22, which is significantly lower than the average of $76,207,179,589.66. Mauritius ranks 122 out of 173 countries in this attribute.

"Manufacturing, value added (% of GDP)" in Mauritius is 10.82%, slightly below the average of 11.90%. Mauritius ranks 95 out of 173 countries for this attribute.

Regarding "Medium and high-tech manufacturing value added (% manufacturing value added)", Mauritius's value of 4.06% is notably lower than the average of 24.49%. The country ranks 134 out of 149 countries in this category.

For "Food, beverages and tobacco (% of value added in manufacturing)", Mauritius performs well with a value of 45.96%, much higher than the average of 24.51%. The country ranks 11 out of 92 countries for this attribute.

In "Machinery and transport equipment (% of value added in manufacturing)", Mauritius has a value of 3.70%, significantly below the average of 16.85%. The country ranks 77 out of 93 countries.

For "Textiles and clothing (% of value added in manufacturing)", Mauritius excels with a value of 25.67%, well above the average of 6.33%. The country ranks 4 out of 93 countries in this attribute.

Lastly, in "Other manufacturing (% of value added in manufacturing)", Mauritius has a value of 24.68%, below the average of 42.13%. The country ranks 86 out of 94 countries regarding this metric.

Summary

Mauritius exhibits a mixed performance in key macroeconomic indicators related to manufacturing. While the country performs well in sectors such as food, beverages, and textiles, it lags behind in high-tech manufacturing and machinery. These statistics are crucial as they provide insights into Mauritius's industrial composition, competitiveness, and potential for economic diversification.

Money

Inflation, consumer prices (annual %): Mauritius has a consumer price inflation of 2.58%, lower than the average of 8.26%. This places Mauritius at rank 71 out of 165 countries in the dataset.

Inflation, GDP deflator (annual %): With a GDP deflator inflation of 2.57%, Mauritius is below the average of 6.90%. The country ranks 83 out of 188 countries in this category.

Broad money growth (annual %): Mauritius shows a strong broad money growth rate of 16.88%, slightly below the average of 18.03%. This places Mauritius at rank 50 out of 139 countries.

Broad money (% of GDP): Mauritius has a broad money to GDP ratio of 156.75%, significantly higher than the average of 71.75%. This places Mauritius at an impressive rank of 6 out of 139 countries.

Broad money to total reserves ratio: The ratio for Mauritius is 2.45, below the average of 5.17. This places Mauritius at rank 77 out of 126 countries.

Summary

Mauritius demonstrates a relatively low consumer price inflation rate and GDP deflator inflation compared to global averages, positioning the country moderately well in international rankings. While boasting a robust broad money growth rate and a high broad money to GDP ratio, Mauritius could focus on improving its broad money to total reserves ratio to enhance its macroeconomic stability and financial resilience.

Consumption Expenditure

Final consumption expenditure (current US$): Mauritius has a final consumption expenditure of $10,290,611,469.01, which is significantly below the average of $381,630,252,515.38. Mauritius ranks 119th out of 159 countries in this attribute.

Final consumption expenditure (% of GDP): With a value of 90.20%, Mauritius exceeds the average of 82.37%. Mauritius is ranked 44th out of 159 countries in this category.

General government final consumption expenditure (current US$): Mauritius' expenditure stands at $2,004,222,285.89, well below the average of $93,676,578,238.03. The country ranks 117th out of 158 countries.

General government final consumption expenditure (% of GDP): At 17.57%, Mauritius is below the average of 18.71%. The country is ranked 78th out of 158 nations.

Household and NPISHs Final consumption expenditure (current US$): Mauritius shows an expenditure of $8,286,389,183.12, significantly lower than the average of $290,127,571,157.69. The country is ranked 118th out of 158 countries.

Households and NPISHs final consumption expenditure (% of GDP): Mauritius' expenditure represents 72.64% of its GDP, surpassing the average of 63.68%. The country ranks 45th out of 158 nations in this aspect.

Summary

In analyzing key macroeconomic indicators for Mauritius, it is evident that the country has relatively low final consumption expenditures compared to the global average across various categories such as total, government, and household expenditures. Despite ranking lower in expenditure amount, Mauritius ranks moderately in terms of percentages relative to GDP for these categories. These indicators are crucial as they reflect the overall economic activity and the distribution of spending within the country, providing insights into the level of development, economic stability, and government involvement in the economy.

Equities

For "Listed domestic companies, total", Mauritius has a value of 93, which is below the average of 636.625. This places Mauritius at rank 42 out of 72 countries in the dataset.

Regarding "Stocks traded, total value (current US$)", Mauritius's value of 310,770,000 is significantly below the average of 1,379,501,820.9119. This ranks Mauritius at 52 out of 71 countries in the dataset.

When it comes to "Stocks traded, total value (% of GDP)", Mauritius records 2.72%, which is lower than the average of 31.65%. With this, Mauritius stands at rank 39 out of 71 countries in the dataset.

Looking at "Market capitalization of listed domestic companies (current US$)", Mauritius has a value of 6,159,610,000, notably below the average of 1,196,037,851,618.88. Mauritius ranks 61 out of 73 countries in the dataset for this attribute.

For "Market capitalization of listed domestic companies (% of GDP)", Mauritius records 53.99%, which is lower than the average of 71.24%. Mauritius is positioned at rank 31 out of 73 countries for this metric.

Regarding "S&P Global Equity Indices (annual % change)", Mauritius has seen a negative annual change of -29.39%, contrasting with the average of 2.06%. This places Mauritius at rank 77 out of 79 countries in this dataset.

Summary

Mauritius lags behind the average in various key macroeconomic indicators such as listed domestic companies, total value traded in stocks, market capitalization, and S&P Global Equity Indices. This indicates a comparatively smaller and less active domestic market with lower stock values and less integration into the global economy. These findings are crucial as they highlight areas where Mauritius may need to focus on improving to enhance its economic growth, attract investments, and strengthen its position in the international financial markets.

Investment

Foreign direct investment, net (BoP, current US$): Mauritius received $12.73 billion in FDI, ranking 10th out of 169 countries. This amount is significantly above the average of -$1.62 billion.

Foreign direct investment, net inflows (BoP, current US$): With $224.67 million FDI inflows, Mauritius ranks 112th out of 182 countries, below the average of $5.75 billion.

Foreign direct investment, net inflows (% of GDP): At 1.97% of GDP, Mauritius ranks 82nd out of 178 countries, below the average of 2.61%.

Foreign direct investment, net outflows (BoP, current US$): Mauritius had outflows of $16.09 million, ranking 91st out of 156 countries, significantly below the average of $5.71 billion.

Foreign direct investment, net outflows (% of GDP): Representing 0.14% of GDP, Mauritius ranks 89th out of 155 countries, well below the average of 1.00%.

Portfolio Investment, net (BoP, current US$): Mauritius had net portfolio investment of -$6.75 billion, ranking 148th out of 159 countries, substantially below the average of $679.56 million.

Portfolio investment, bonds (PPG + PNG) (NFL, current US$): With portfolio investment in bonds at -$68.94 million, Mauritius ranks 43rd out of 59 countries, substantially below the average of $4.13 billion.

Portfolio equity, net inflows (BoP, current US$): Mauritius had $3.12 billion in net equity inflows, ranking 17th out of 125 countries and significantly below the average of $9.20 billion.

Summary

Mauritius attracts significant foreign direct investment (FDI) totaling $12.73 billion, ranking 10th globally in FDI received. However, the country lags behind in FDI inflows and outflows as well as portfolio investments, indicating a potential imbalance in its investment activities. These statistics are crucial as they reflect Mauritius' attractiveness to foreign investors, its level of integration into the global economy, and its strategies for capital allocation and growth.

Debt

Total debt service (% of GNI): Mauritius has a total debt service of 22.33% of its GNI, which is significantly higher than the average of 5.98%. This places Mauritius at rank 4 out of 120 countries in the dataset.

Public and publicly guaranteed debt service (% of GNI): With a value of 3.08%, Mauritius' public and publicly guaranteed debt service is slightly above the average of 2.84%. It ranks 45 out of 120 countries.

External debt stocks (% of GNI): Mauritius' external debt stocks account for 103.80% of its GNI, well above the average of 65.42%. This places Mauritius at rank 17 out of 120 countries.

Debt service on external debt, total (TDS, current US$): The total debt service on external debt for Mauritius is $2,667,916,647.1, substantially below the average of $9,811,195,839.23. Mauritius ranks 41 out of 123 countries.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): Mauritius' debt service on public and publicly guaranteed external debt is $368,092,547.8, lower than the average of $3,310,612,057.60. This ranks Mauritius at 67 out of 123 countries.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): With external debt stocks of $1,916,509,556.8, Mauritius is below the average of $28,695,879,144.98, placing it at rank 96 out of 123 countries.

External debt stocks, private nonguaranteed (PNG) (DOD, current US$): Mauritius' private nonguaranteed external debt stocks amount to $4,079,379,000, significantly lower than the average of $33,734,699,285.22. Mauritius ranks 53 out of 91 countries.

External debt stocks, total (DOD, current US$): With total external debt stocks of $12,402,260,814.6, Mauritius is below the average of $73,845,530,111.82. This places Mauritius at rank 65 out of 123 countries.

Summary

Mauritius faces relatively high total debt service at 22.33% of its GNI, ranking 4th globally. Despite having a slightly above-average public and publicly guaranteed debt service, its external debt stocks are significantly higher at 103.8% of GNI, placing it at 17th rank. These statistics indicate a potential economic vulnerability due to high debt levels which could impact the country's fiscal health and ability to invest in development projects.

Broad Trade Attributes

Trade (% of GDP): Mauritius has a Trade value of 85.83% of its GDP, which is above the average of 82.34%. The country ranks 51 out of 163 countries in this attribute.

Merchandise trade (% of GDP): Mauritius has a Merchandise trade value of 52.67% of its GDP, below the average of 60.01%. The country ranks 90 out of 186 countries in this attribute.

Trade in services (% of GDP): Mauritius has a Trade in services value of 22.85% of its GDP, below the average of 24.63%. The country ranks 55 out of 171 countries in this attribute.

External balance on goods and services (current US$): Mauritius has an External balance on goods and services of -813,506,862.15 USD, which is below the average of 3,405,509,011.13 USD. The country ranks 101 out of 163 countries in this attribute.

External balance on goods and services (% of GDP): Mauritius has an External balance on goods and services value of -7.13% of its GDP, below the average of -5.97%. The country ranks 101 out of 163 countries in this attribute.

Summary

Mauritius exhibits a high level of trade as a percentage of its GDP, ranking above average globally. However, its merchandise trade and trade in services values are below average, indicating a potential area for improvement in diversification. The negative external balance on goods and services, both in absolute terms and as a percentage of GDP, suggests a trade deficit that may need attention to ensure economic stability and sustainability.

These indicators are important as they provide insights into Mauritius' trade performance and economic resilience. High trade as a percentage of GDP can indicate openness to global markets, but a negative external balance may pose risks to the country's financial stability and competitiveness. Addressing the trade imbalance and promoting a more balanced trade in goods and services could enhance Mauritius' economic growth and resilience in the long run.

Net Trade

1. Current account balance (BoP, current US$): Mauritius has a current account balance of -1002712258.07677, which is below the average of 1443864831.4940138. This places Mauritius at rank 112 out of 170 countries in the dataset.

2. Current account balance (% of GDP): With a current account balance of -8.78947144116731, Mauritius falls below the average of -2.3613128705499826. The country ranks 138 out of 170 in this category.

3. Net trade in goods and services (BoP, current US$): Mauritius shows a net trade in goods and services of -2133622469.89924, which is lower than the average of 2604730003.5650773. The country ranks 120 out of 171 countries.

4. Net primary income (BoP, current US$): Mauritius has a net primary income of 1866819503.75215, exceeding the average of -903807529.7376518. This places Mauritius at rank 20 out of 170 countries.

5. Net secondary income (BoP, current US$): The net secondary income for Mauritius is -735909291.929679, which is lower than the average of -269227340.40242267. Mauritius ranks 139 out of 170 countries in this aspect.

6. Net trade in goods (BoP, current US$): With a net trade in goods of -2125791263.8721, Mauritius falls below the average of 1302831005.6800897. The country ranks 121 out of 171 nations.

7. Net financial account (BoP, current US$): Mauritius has a net financial account of -987630055.53536, below the average of -469840994.6309935. This places Mauritius at rank 114 out of 170 countries.

Summary

Mauritius displays a negative current account balance, both in absolute terms and as a percentage of its GDP, ranking relatively low compared to other countries. However, it excels in net primary income, showcasing a strong ability to earn from foreign investments. The country's challenges lie in net secondary income and net trade in goods, where it falls below average and ranks lower in the global context. These indicators are crucial as they reflect Mauritius' economic openness, trade competitiveness, and ability to attract foreign investments, highlighting areas for potential policy interventions and economic reforms.

Broad Export Attributes

Exports of goods, services and primary income (BoP, current US$): Mauritius' value of $11,631,198,801.67 is significantly below the average of $146,238,908,936.30. The country ranks 87 out of 170 countries in this dataset.

Exports of goods and services (BoP, current US$): Mauritius' value of $3,088,435,443.91 is notably lower than the average of $122,938,540,059.78. Mauritius ranks 124 out of 170 countries for this attribute.

Exports of goods and services (current US$): With a value of $4,489,066,530.29, Mauritius falls short of the average of $129,596,864,610.19. The country holds the 113th rank out of 163 countries in this category.

Exports of goods and services (% of GDP): Mauritius' percentage of 39.35% is higher than the average of 38.19%. The country is ranked 52 out of 163 countries in this aspect.

Goods exports (BoP, current US$): The value for Mauritius in this category is $1,788,849,170.61, significantly below the average of $93,310,581,697.39. Mauritius ranks 128 out of 171 countries for goods exports.

International tourism, receipts (% of total exports): Mauritius excels in this attribute with a value of 16.77%, surpassing the average of 9.74%. The country ranks 19 among 120 countries for international tourism receipts.

ICT goods exports (% of total goods exports): Mauritius' percentage of 1.14% is below the average of 3.81%. The country ranks 57 out of 142 countries for ICT goods exports.

Summary

The analysis of key macroeconomic indicators for Mauritius reveals that the country's export values across various categories are generally below the global averages. However, Mauritius performs well in international tourism receipts, surpassing the average percentage. These findings are crucial as they highlight areas where Mauritius may need to focus on boosting its export competitiveness, while also showcasing a strength in the tourism sector that can contribute significantly to the country's economy.

Merchandise Exports

1. Merchandise exports (current US$): Mauritius has a merchandise export value of 1,789,000,000 USD. This is significantly below the average export value of 89,542,711,229.95 USD. Mauritius ranks 136th out of 187 countries in this aspect.

2. Agricultural raw materials exports (% of merchandise exports): Mauritius's export percentage of agricultural raw materials is 1.26%, which is lower than the average of 2.97%. This places Mauritius at the 72nd position out of 151 countries.

3. Food exports (% of merchandise exports): Mauritius's food export percentage is 39.63%, exceeding the average of 24.06%. Mauritius ranks 32nd out of 152 countries in this category.

4. Fuel exports (% of merchandise exports): Mauritius's fuel export percentage is 0.29%, much lower than the average of 13.70%. This places Mauritius at the 124th position out of 147 countries.

5. Ores and metals exports (% of merchandise exports): Mauritius's export percentage of ores and metals is 2.13%, below the average of 9.10%. Mauritius ranks 96th out of 152 countries in this sector.

6. Merchandise exports by the reporting economy, residual (% of total merchandise exports): Mauritius has a residual export percentage of 0.0009%, significantly lower than the average of 3.20%. In this aspect, Mauritius ranks 150th out of 166 countries.

Summary

Mauritius shows a significant trade imbalance with its merchandise exports falling below global averages across various sectors such as agricultural raw materials, fuel, and ores/metals. However, it excels in food exports, surpassing the global average. These indicators are crucial as they highlight Mauritius's reliance on food exports for revenue generation, while also pointing towards potential areas for diversification and growth in its export sector.

Technology Exports

1. Manufactures exports (% of merchandise exports): Mauritius has a value of 56.46%, which is higher than the average of 42.62%. This places Mauritius at rank 60 out of 152 countries in the dataset.

2. High-technology exports (current US$): Mauritius has a value of $20,091,030, which is substantially below the average of $16,655,934,078.80. Mauritius ranks 101 out of 151 countries for this attribute.

3. High-technology exports (% of manufactured exports): Mauritius has a value of 2.31%, significantly lower than the average of 10.15%. This places Mauritius at rank 114 out of 150 countries.

4. Medium and high-tech exports (% manufactured exports): Mauritius has a value of 15.23%, below the average of 34.29%. Mauritius ranks 106 out of 149 countries in this category.

Summary

Mauritius demonstrates strengths in the export of manufactures, with a higher percentage compared to the global average, positioning it at a respectable rank of 60. However, the country lags behind in high-technology exports and innovation, reflected in its low values and rankings for high-technology exports in both absolute terms and as a percentage of manufactured exports. This could indicate a potential area for development and investment to enhance the country's technological capabilities and competitiveness in the global market.

Service Exports

Service exports (BoP, current US$): Mauritius has a service export value of $1,299,586,273.30, significantly below the average of $28,917,292,503.82. It ranks 101 out of 171 countries in this attribute data.

ICT service exports (BoP, current US$): The focus country value is $124,993,261.38, well below the average of $4,578,501,153.77. Mauritius ranks 91 out of 166 countries.

ICT service exports (% of service exports, BoP): Mauritius's value of 9.62% is lower than the average of 11.75%. It holds the 71st rank out of 166 countries.

Communications, computer, etc. (% of service exports, BoP): With a value of 42.72%, Mauritius is below the average of 45.85%. It ranks 95 out of 169 countries.

Transport services (% of service exports, BoP): Mauritius's value of 10.20% is significantly lower than the average of 21.80%. It ranks 120 out of 169 countries.

Travel services (% of service exports, BoP): At 35.86%, Mauritius surpasses the average of 26.40%. It holds the 47th rank out of 167 countries.

Insurance and financial services (% of service exports, BoP): Mauritius excels in this attribute with a value of 11.22%, above the average of 6.46%. It ranks 27 out of 161 countries.

Summary

Mauritius performs below average in overall service exports, with particularly low values in ICT service exports and transport services. However, the country excels in travel services and insurance/financial services exports, surpassing the global averages. These findings are crucial as they highlight Mauritius's strengths and weaknesses in specific service sectors, guiding policymakers in leveraging the country's comparative advantages and improving in underperforming areas to enhance overall economic performance.

Commercial Service Exports

Commercial service exports in Mauritius amount to 1.3 billion USD. This is below the average of 28.5 billion USD, ranking Mauritius 100th out of 171 countries.

Travel services contribute 35.92% to Mauritius' commercial service exports, which is higher than the average of 27.89%. Mauritius ranks 49th out of 167 countries in this category.

Computer, communications, and other services represent 42.63% of Mauritius' commercial service exports, slightly above the average of 42.44%. Mauritius holds the 89th rank out of 169 countries.

Insurance and financial services account for 11.23% of Mauritius' commercial service exports, significantly exceeding the average of 6.97%. This places Mauritius as the 31st country out of 161 in this aspect.

Transport services make up 10.21% of Mauritius' commercial service exports, well below the average of 23.37%. Mauritius is ranked 122nd out of 169 countries in this category.

Summary

Mauritius has a diversified commercial service export profile with a significant contribution from travel services and insurance & financial services, surpassing global averages in these categories. However, the country lags behind in transport services exports. These indicators are crucial as they reveal Mauritius' competitive strengths and weaknesses in the global services market, highlighting areas for potential growth and improvement.

Broad Import Attributes

Imports of goods and services (current US$): Mauritius has a value of $5,302,573,392.44 for this attribute, ranking 116th out of 163 countries. The value is significantly below the average of $126,191,355,599.06.

Imports of goods and services (% of GDP): Mauritius has a value of 46.48%, ranking 57th out of 163 countries. The value is slightly above the average of 44.15%.

International tourism, expenditures (% of total imports): Mauritius spends 4.29% on international tourism relative to total imports, ranking 35th out of 131 countries. The value is higher than the average of 3.98%.

ICT goods imports (% total goods imports): Mauritius imports ICT goods at a rate of 5.35%, ranking 70th out of 143 countries. This value is below the average of 6.85%.

Goods imports (BoP, current US$): Mauritius imports goods amounting to $3,914,640,434.48, ranking 121st out of 171 countries. The value is well below the average of $92,007,788,027.17.

Imports of goods and services (BoP, current US$): Mauritius has imports valued at $5,222,057,913.81, ranking 122nd out of 170 countries. The value is significantly lower than the average of $120,321,577,988.12.

Imports of goods, services and primary income (BoP, current US$): For this attribute, Mauritius has imports valued at $11,898,001,767.81, ranking 93rd out of 170 countries. The value is well below the average of $144,514,428,722.28.

Summary

Mauritius demonstrates a pattern of relatively low import levels across various categories compared to global averages, such as total imports, goods imports, and imports of goods and services as a percentage of GDP. Despite ranking favorably in some indicators like ICT goods imports and expenditures on international tourism, the overall lower import figures may indicate limited dependence on foreign goods and services. This could suggest a focus on domestic production or potential challenges in international trade partnerships.

Merchandise Imports

Analysis of key import attributes for Mauritius:

1. Merchandise imports (current US$): Mauritius has a value of $4.22 billion, ranking 127 out of 190 countries. This value is significantly below the average of $89.39 billion.

2. Manufactures imports (% of merchandise imports): Mauritius imports make up 56.72% of its total merchandise imports, ranking 133 out of 152 countries. This percentage is below the average of 66.76%.

3. Agricultural raw materials imports (% of merchandise imports): Mauritius imports 1.89% of agricultural raw materials, ranking 25 out of 152 countries. This value is above the average of 1.27%.

4. Food imports (% of merchandise imports): 24.75% of Mauritius' imports are food products, ranking 18 out of 152 countries. This percentage is higher than the average of 15.89%.

5. Fuel imports (% of merchandise imports): Mauritius imports 14.99% fuel, ranking 35 out of 152 countries. This value is higher than the average of 11.38%.

6. Ores and metals imports (% of merchandise imports): Mauritius imports 1.29% of ores and metals, ranking 90 out of 152 countries. This value is below the average of 2.57%.

7. Merchandise imports by the reporting economy, residual (% of total merchandise imports): Mauritius has 0.003% imports in this category, ranking 161 out of 180 countries. This value is significantly below the average of 2.51%.

Summary

Mauritius has a diverse import profile with a significant emphasis on food products and a notable reliance on fuel imports. The country's low percentage of imports in ores and metals relative to the average indicates a potential opportunity for local resource development. Understanding these import attributes is crucial for policymakers and businesses in Mauritius to assess the country's economic vulnerabilities, trade dependencies, and potential areas for growth and self-sustainability.

Service Imports

1. Service imports (BoP, current US$): Mauritius has a service imports value of $1,307,417,479.33, which is significantly below the average of $27,615,356,170.47. Mauritius is ranked 112 out of 171 countries in this category.

2. Communications, computer, etc. (% of service imports, BoP): Mauritius allocates 46.94% of its service imports to this category, slightly above the average of 44.40%. The country holds the 81st rank out of 169 countries.

3. Transport services (% of service imports, BoP): With 28.39% of service imports directed towards transport services, Mauritius falls below the average of 32.90%. The country ranks 90th out of 169 countries.

4. Travel services (% of service imports, BoP): Mauritius dedicates 15.65% of its service imports to travel services, surpassing the average of 14.14%. It holds the 55th rank out of 169 countries.

5. Insurance and financial services (% of service imports, BoP): Mauritius allocates 9.02% of its service imports to insurance and financial services, slightly higher than the average of 8.53%. The country ranks 58th out of 169 countries.

Summary

Mauritius has a notable focus on communications, computer, and related services in its service imports, allocating a higher percentage compared to the global average. Additionally, the country prioritizes travel services over transport services, contrary to the average distribution among nations. These indicators are crucial in understanding Mauritius' economic priorities, competitiveness in the service sector, and potential areas for further development or specialization.

Commercial Service Imports

1. Commercial service imports (current US$): Mauritius has a value of 1306711121.42, which is significantly below the attribute average of 27102746128.60. This places Mauritius at rank 109 out of 171 countries for this attribute.

2. Computer, communications and other services (% of commercial service imports): Mauritius has a value of 46.91%, above the attribute average of 41.71%. Mauritius ranks 76 out of 169 countries for this particular attribute.

3. Insurance and financial services (% of commercial service imports): Mauritius stands at 9.03%, slightly above the attribute average of 8.85%. In this category, Mauritius ranks 60 out of 169 countries.

4. Transport services (% of commercial service imports): Mauritius has a value of 28.40%, below the attribute average of 34.71%. The country ranks 92 out of 169 nations for this attribute.

5. Travel services (% of commercial service imports): Mauritius holds 15.66%, slightly above the attribute average of 14.73%. This places Mauritius at rank 57 out of 169 countries concerning travel services.

Summary

Mauritius stands out in its commercial service imports with notable figures in various sectors. Despite having a below-average value in commercial service imports, the country excels in computer, communications, and other services, as well as insurance and financial services. However, there is room for improvement in transport services. These indicators are crucial as they reflect the diversification and efficiency of Mauritius's service sector, impacting its overall economic competitiveness and potential for growth in international trade.

Infrastructure

1. Air transport, freight (million ton-km): Mauritius transported 62.063 million ton-km of freight, which is significantly below the average of 1384.365 million ton-km. This places Mauritius at rank 57 out of 126 countries in the dataset.

2. Air transport, registered carrier departures worldwide: With 4319 registered carrier departures worldwide, Mauritius falls well below the average of 134365.605 departures. The country ranks 103 out of 149 countries in this aspect.

3. Air transport, passengers carried: Mauritius carried 407291 passengers, much lower than the average of 11848242.700 passengers. The country's rank is 93 out of 149 countries in terms of passengers carried.

4. Container port traffic (TEU: 20 foot equivalent units): Mauritius handled 438078 TEUs of container port traffic, notably below the average of 6907110.268 TEUs. This places Mauritius at rank 84 out of 110 countries included in the data.

Summary

Mauritius lags behind global averages in key transportation indicators such as air freight, passenger traffic, registered carrier departures, and container port traffic. With lower-than-average values across these indicators, Mauritius faces challenges in terms of connectivity, trade volume, and international presence. Addressing these shortcomings is crucial for the country to enhance its competitiveness, improve trade relationships, and strengthen its overall economic position on the global stage.

Information Technology Infrastructure

- The number of Secure Internet servers in Mauritius is 1158, which is below the average of 458,294.19. Mauritius is ranked 112 out of 193 countries in this attribute.
- Mauritius has 914.68 Secure Internet servers per 1 million people, significantly below the average of 14,067.17. The country is ranked 82 out of 193 in this category.
- 64.88% of individuals in Mauritius use the Internet, slightly above the average of 64.77%. The country is ranked 111 out of 180 countries for this statistic.
- The number of Fixed broadband subscriptions in Mauritius is 323,200, far below the average of 6,591,956.35. The country is ranked 101 out of 185 in this aspect.
- Mauritius has 1,912,900 Mobile cellular subscriptions, significantly lower than the average of 42,526,463.87. The country is ranked 144 out of 193 nations for this metric.

Summary

Energy Consumption

For "Renewable energy consumption (% of total final energy consumption)", Mauritius has a value of 9.41%, which is significantly below the average of 32.18%. This places Mauritius at a rank of 146 out of 191 countries included in the data.

Regarding "CO2 emissions (kt)", Mauritius emits 3720.2 kt of CO2, much lower than the average of 171895.94 kt. This positions Mauritius at rank 136 out of 188 countries in the dataset.

Summary

Mauritius has a relatively low renewable energy consumption at 9.41% of total final energy consumption and emits significantly less CO2 compared to the global average. These indicators reflect Mauritius' commitment to sustainability and environmental preservation, positioning the country favorably in the global landscape as it strives towards cleaner energy sources and reduced carbon emissions.

Government Balance Sheet

1. Net acquisition of financial assets (% of GDP): Mauritius has a value of 4.84%, which is above the attribute average of 2.45%. This places Mauritius at rank 14 out of 87 countries in the dataset.

2. Net incurrence of liabilities, total (% of GDP): Mauritius has a value of 13.05%, exceeding the attribute average of 7.43%. This ranks Mauritius at 9 out of 92 countries.

3. Total reserves (% of total external debt): Mauritius holds reserves equivalent to 58.79% of its total external debt, below the attribute average of 66.13%. This puts Mauritius at rank 28 out of 102 countries.

4. Reserves and related items (BoP, current US$): Mauritius has a negative value, indicating a deficit in this aspect. This places Mauritius at rank 131 out of 171 countries.

5. Total reserves minus gold (current US$): Mauritius's value is significantly lower than the attribute average, ranking at 82 out of 161 countries.

6. Total reserves (includes gold, current US$): Mauritius holds reserves below the average, ranking at 83 out of 161 countries in the dataset.

7. Total reserves in months of imports: Mauritius has 7.35 months of import coverage, slightly above the average of 7.10 months. This places Mauritius at rank 52 out of 151 countries.

Summary

Mauritius shows a mixed performance in key macroeconomic indicators compared to global averages and other countries. While the country performs well in terms of net acquisition of financial assets and net incurrence of liabilities, it falls below average in metrics related to reserves, including reserves and related items, total reserves minus gold, and total reserves. Maintaining a balance between acquiring financial assets and managing reserves effectively is crucial for Mauritius to ensure economic stability, attract investments, and weather potential financial crises.

Government Revenue

1. Revenue, excluding grants (% of GDP): Mauritius's value is 24.24%, below the average of 27.02%. It ranks 66 out of 122 countries.

2. Grants and other revenue (% of revenue): Mauritius's value is 13.09%, well below the average of 23.54%. It ranks 70 out of 108 countries.

3. Social contributions (% of revenue): Mauritius's value is 5.04%, significantly below the average of 22.29%. It ranks 65 out of 81 countries.

4. Taxes on goods and services (% of revenue): Mauritius's value is 54.76%, notably above the average of 31.82%. It ranks 2 out of 122 countries.

5. Taxes on international trade (% of revenue): Mauritius's value is 1.07%, below the average of 6.24%. It ranks 81 out of 101 countries.

6. Other taxes (% of revenue): Mauritius's value is 2.10%, slightly below the average of 2.12%. It ranks 35 out of 106 countries.

7. Taxes on income, profits and capital gains (% of revenue): Mauritius's value is 23.94%, slightly below the average of 24.66%. It ranks 59 out of 119 countries.

Summary

Mauritius demonstrates a unique fiscal profile compared to other countries, with a high reliance on taxes on goods and services, placing it as the 2nd highest in this category globally. Conversely, it has lower than average values for grants and other revenue, social contributions, and taxes on international trade. Understanding these indicators is crucial for assessing Mauritius's revenue composition, economic policies, and financial sustainability.

Taxes

Regarding Tax revenue (% of GDP), Mauritius has a value of 20.71% which is above the average of 16.72%. This places Mauritius at rank 35 out of 123 countries.

For Customs and other import duties (% of tax revenue), Mauritius has a value of 1.31%, below the average of 9.01%. This places Mauritius at rank 84 out of 99 countries.

In terms of Taxes on income, profits and capital gains (% of total taxes), Mauritius has a value of 29.24%, below the average of 38.40%. This places Mauritius at rank 89 out of 120 countries.

Lastly, for Tariff rate, applied, weighted mean, all products (%), Mauritius has a value of 0.92%, below the average of 5.21%. This places Mauritius at rank 145 out of 153 countries.

Summary

Mauritius stands out for its high Tax revenue (% of GDP) compared to the global average, indicating a robust taxation system that contributes significantly to the country's GDP. However, its low Customs and other import duties (% of tax revenue) and Taxes on income, profits and capital gains (% of total taxes) suggest a reliance on other forms of revenue generation which may need diversification for stability. The low Tariff rate, applied, weighted mean, all products (%), signifies a liberal trade policy that promotes economic activity and potentially fosters foreign investment.

These indicators are crucial as they reflect Mauritius' fiscal policies, trade openness, and attractiveness to investors. A high Tax revenue (% of GDP) showcases the government's ability to collect taxes efficiently, while the low Tariff rate indicates openness to trade and global markets. Diversifying revenue sources could enhance stability and reduce reliance on specific sectors, ensuring sustainable economic growth in the long term.

Government Expenses

1. Expense (% of GDP): Mauritius has an expense of 31.69% of its GDP, which is very close to the average of 31.69%. In a pool of 123 countries, Mauritius ranks 61st in this aspect.

2. Compensation of employees (% of expense): Mauritius allocates 29.10% of its expenses to employee compensation, significantly higher than the average of 24.70%. With a rank of 44 out of 123 countries, Mauritius shows a strong focus on employee welfare.

3. Goods and services expense (% of expense): Mauritius spends 12.64% of its expenses on goods and services, lower than the average of 14.77%. This places Mauritius at the 60th position out of 122 countries in this category.

4. Interest payments (% of expense): Mauritius dedicates 7.19% of its expenses to interest payments, slightly above the average of 6.85%. In a pool of 121 countries, Mauritius holds the 46th rank based on this metric.

5. Other expense (% of expense): Mauritius uses 9.40% of its expenses on other miscellaneous costs, higher than the average of 8.29%. This places Mauritius at the 35th position out of 120 countries in this regard.

6. Subsidies and other transfers (% of expense): Mauritius allocates 41.67% of its expenses to subsidies and transfers, below the average of 43.29%. Mauritius ranks 61st out of 121 countries when it comes to this expenditure.

Summary

Mauritius demonstrates a prudent fiscal approach by keeping its overall expense close to the global average, while prioritizing employee compensation, even surpassing the international average. The country's lower allocation towards goods and services and interest payments compared to the average indicates efficient resource management. By focusing more on other miscellaneous costs and maintaining subsidies and transfers below the average, Mauritius shows a balanced approach towards meeting various expenditure needs.

These indicators are crucial as they reflect how the government allocates financial resources, highlighting priorities such as employee welfare and financial sustainability. Understanding these metrics can provide insights into Mauritius' economic strategy, fiscal health, and social development efforts.

Top Stats

Ranks in Top Decile For:

Attribute	Rank/Total
Population ages 15-64 (% of total population)	15/194
Textiles and clothing (% of value added in manufacturing)	4/93
Broad money (% of GDP)	6/139
Foreign direct investment, net (BoP, current US$)	10/169
Total debt service (% of GNI)	4/120
Net incurrence of liabilities, total (% of GDP)	9/92
Taxes on goods and services (% of revenue)	2/122

Ranks in Bottom Decile For:

Attribute	Rank/Total
Age dependency ratio (% of working-age population)	180/194
Military expenditure (current USD)	145/149
Military expenditure (% of GDP)	148/148
Armed forces personnel, total	152/164
Land under cereal production (hectares)	168/174
Total natural resources rents (% of GDP)	171/175
Forest rents (% of GDP)	161/174
Cereal production (metric tons)	165/174
Industrial design applications, nonresident, by count	108/112
Patent applications, residents	106/117
Other manufacturing (% of value added in manufacturing)	86/94
S&P Global Equity Indices (annual % change)	77/79
Portfolio Investment, net (BoP, current US$)	148/159
Merchandise exports by the reporting economy, residual (% of total merchandise exports)	150/166
Tariff rate, applied, weighted mean, all products (%)	145/153