Government Spending in Mauritius increased to 19442 MUR Million in the fourth quarter of 2019 from 18569 MUR Million in the third quarter of 2019. Government Spending in Mauritius averaged 10463.41 MUR Million from 1999 until 2019, reaching an all time high of 20150 MUR Million in the second quarter of 2019 and a record low of 3739.30 MUR Million in the first quarter of 1999. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Mauritius Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Mauritius decreased to 25977 MUR Million in the fourth quarter of 2019 from 27188 MUR Million in the third quarter of 2019. Gross Fixed Capital Formation in Mauritius averaged 15320.45 MUR Million from 1999 until 2019, reaching an all time high of 27188 MUR Million in the third quarter of 2019 and a record low of 5487.20 MUR Million in the first quarter of 2002. This page provides - Mauritius Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mauritius recorded a Current Account deficit of 10762 MUR Million in the fourth quarter of 2019. Current Account in Mauritius averaged -4321.96 MUR Million from 1999 until 2019, reaching an all time high of 3279 MUR Million in the first quarter of 2002 and a record low of -13870 MUR Million in the fourth quarter of 2011. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Mauritius Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mauritius recorded a Current Account deficit of 8.80 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Mauritius averaged -4.27 percent from 1976 until 2018, reaching an all time high of 6.40 percent in 1986 and a record low of -13.55 percent in 2011. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Mauritius Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mauritius recorded a Government Budget deficit equal to 3.20 percent of the country's Gross Domestic Product in 2018. Government Budget in Mauritius averaged -3.74 percent of GDP from 2003 until 2018, reaching an all time high of -1.80 percent of GDP in 2012 and a record low of -6.20 percent of GDP in 2003. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Mauritius Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mauritius recorded a government debt equivalent to 64.60 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Mauritius averaged 57.43 percent from 1998 until 2019, reaching an all time high of 65 percent in 2016 and a record low of 48.40 percent in 2001. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Mauritius Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Mauritius increased to 39631.65 MUR Million in the fourth quarter of 2019 from 39242 MUR Million in the third quarter of 2019. External Debt in Mauritius averaged 30620.41 MUR Million from 1983 until 2019, reaching an all time high of 56153 MUR Million in the first quarter of 2015 and a record low of 6185 MUR Million in the fourth quarter of 1983. In Mauritius, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Mauritius External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Mauritius remained unchanged at 8.35 percent in February from 8.35 percent in January of 2020. Bank Lending Rate in Mauritius averaged 9.72 percent from 1998 until 2020, reaching an all time high of 13 percent in September of 1998 and a record low of 8 percent in March of 2004. In Mauritius, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies. This page provides - Mauritius Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Mauritius increased to 1569150.02 MUR Million in February from 1546656.24 MUR Million in January of 2020. Banks Balance Sheet in Mauritius averaged 1093706.67 MUR Million from 2005 until 2020, reaching an all time high of 1569150.02 MUR Million in February of 2020 and a record low of 432333.74 MUR Million in July of 2005. This page provides - Mauritius Banks Balance Sheet- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Mauritius increased to 161.50 Index Points in the second quarter of 2019 from 159.60 Index Points in the first quarter of 2019. Business Confidence in Mauritius averaged 103.55 Index Points from 2010 until 2019, reaching an all time high of 161.50 Index Points in the second quarter of 2019 and a record low of 77.50 Index Points in the third quarter of 2014. In Mauritius, the MCCI Business Confidence Indicator measures the change in the overall awareness of business activity for firms from the main sectors of the economy (Services, Wholesale/Retail Trade and Manufacturing). The indicator shows the perception of entrepreneurs about the situation of their businesses, the level of firm orders, and the expectations on the evolution of affairs during the next three months, the outlook for hiring and the level of finished goods inventory. The MCCI is computed by weighting the responses of entrepreneurs according to the size of their business. A value above 100 indicates an improving outlook and a value below 100 indicates a deteriorating outlook. This page provides - Mauritius Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Productivity in Mauritius increased to 132.30 points in 2018 from 127.50 points in 2017. Productivity in Mauritius averaged 80.06 points from 1982 until 2018, reaching an all time high of 132.30 points in 2018 and a record low of 45.68 points in 1984. In Mauritius, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - Mauritius Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lending Rate in Mauritius remained unchanged at 8.35 percent in February from 8.35 percent in January of 2020. Lending Rate in Mauritius averaged 9.72 percent from 1998 until 2020, reaching an all time high of 13 percent in September of 1998 and a record low of 8 percent in March of 2004. This page provides - Mauritius Prime Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Mauritius stands at 15 percent. Personal Income Tax Rate in Mauritius averaged 18.09 percent from 2004 until 2020, reaching an all time high of 30 percent in 2005 and a record low of 15 percent in 2008. In Mauritius, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Mauritius. This page provides - Mauritius Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mauritius recorded a trade deficit of 7582 MUR Million in February of 2020. Balance of Trade in Mauritius averaged -6508.88 MUR Million from 1985 until 2020, reaching an all time high of 560 MUR Million in September of 1986 and a record low of -23045 MUR Million in December of 2012. Mauritius is a net exporter of sugar and textiles. However, due to lack of natural resources, Mauritius is dependent on imports of fuels to satisfy energy needs. Mauritius main trading partner is France with 17 percent of exports and 9 percent of imports. Others include: South Africa and Spain. This page provides - Mauritius Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Mauritius decreased to 6593 MUR Million in February from 6902 MUR Million in January of 2020. Exports in Mauritius averaged 8907.26 MUR Million from 1985 until 2020, reaching an all time high of 21687 MUR Million in December of 2012 and a record low of 1407 MUR Million in June of 1985. Mauritius’ exports is dominated by sugar and clothing which account for over 60 percent of total exports. Other exports include: animals and vegetable oils. Mauritius main export partner is the European Union with 64 percent of exports. Others include: South Africa, United States and Madagascar. This page provides - Mauritius Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Mauritius decreased to 14175 MUR Million in February from 15570 MUR Million in January of 2020. Imports in Mauritius averaged 15414.07 MUR Million from 1985 until 2020, reaching an all time high of 44732 MUR Million in December of 2012 and a record low of 1755 MUR Million in March of 1985. Mauritius’ main imports are: oil, manufactured goods, capital equipment and food. Mauritius’ main import partners are: India, China, South Africa and France. This page provides - Mauritius Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mauritius recorded a government budget deficit of 6060 MUR Million in March of 2020. Government Budget Value in Mauritius averaged -419.68 MUR Million from 2008 until 2020, reaching an all time high of 3156.50 MUR Million in September of 2008 and a record low of -6060 MUR Million in March of 2020. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Mauritius Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Mauritius decreased to 3334.40 MUR Million in March from 7316.50 MUR Million in February of 2020. Government Revenues in Mauritius averaged 6907.32 MUR Million from 2008 until 2020, reaching an all time high of 14748.10 MUR Million in June of 2019 and a record low of 3176.20 MUR Million in February of 2009. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Mauritius Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Mauritius decreased to 9394.50 MUR Million in March from 11066.40 MUR Million in February of 2020. Fiscal Expenditure in Mauritius averaged 7327 MUR Million from 2008 until 2020, reaching an all time high of 15275.10 MUR Million in December of 2019 and a record low of 3932.10 MUR Million in August of 2008. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Mauritius Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Mauritius increased to 623487.74 MUR Million in March from 612967 MUR Million in February of 2020. Money Supply M3 in Mauritius averaged 380259.70 MUR Million from 2007 until 2020, reaching an all time high of 623487.74 MUR Million in March of 2020 and a record low of 206702.82 MUR Million in January of 2007. This page provides - Mauritius Money Supply M3- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Mauritius was recorded at 4.20 percent in April of 2020. Inflation Rate in Mauritius averaged 5.88 percent from 1988 until 2020, reaching an all time high of 18.10 percent in April of 1989 and a record low of -1.40 percent in March of 2019. In Mauritius, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (24.8 percent of the total weight); Transport (14.7 percent); Housing, Water, Electricity and Other Fuels (11.2 percent) and Alcoholic Beverages & Tobacco (11 percent). Others include Furniture and Household Equipment (5.9 percent); Restaurants & Hotels (5.4 percent); Miscellaneous Goods & Services (5.0 percent); Education (5 percent); Clothing & Footwear (4.6 percent); Communication (4.4 percent); Recreation & Culture (4.2 percent) and Health (3.8 percent). . This page provides - Mauritius Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Mauritius increased 1.30 percent in April of 2020 over the previous month. Inflation Rate Mom in Mauritius averaged 0.48 percent from 1987 until 2020, reaching an all time high of 4.40 percent in September of 1990 and a record low of -2.50 percent in May of 2015. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Mauritius Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Mauritius increased to 108.79 points in April from 107.41 points in March of 2020. Consumer Price Index CPI in Mauritius averaged 50.97 points from 1980 until 2020, reaching an all time high of 108.79 points in April of 2020 and a record low of 9.85 points in January of 1980. In Mauritius, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Mauritius Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Mauritius decreased to 98 points in April from 98.17 points in March of 2020. Cpi Housing Utilities in Mauritius averaged 98.75 points from 2013 until 2020, reaching an all time high of 101.72 points in April of 2015 and a record low of 93.66 points in October of 2017. This page provides - Mauritius Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Mauritius increased to 105.10 points in April of 2020 from 104.54 points in March of 2020. CPI Transportation in Mauritius averaged 103.18 points from 2013 until 2020, reaching an all time high of 107.18 points in August of 2014 and a record low of 97.15 points in September of 2016. This page provides - Mauritius Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Mauritius decreased to 6966.40 USD Million in April from 7023.20 USD Million in March of 2020. Foreign Exchange Reserves in Mauritius averaged 2884.81 USD Million from 1999 until 2020, reaching an all time high of 7569.40 USD Million in January of 2020 and a record low of 637.50 USD Million in October of 2000. In Mauritius, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Mauritius Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Moody's credit rating for Mauritius was last set at Baa1 with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Mauritius thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Mauritius as reported by major credit rating agencies.

Mauritius recorded 332 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Mauritius reported 10 Coronavirus Deaths. This page includes a chart with historical data for Mauritius Coronavirus Cases.

Mauritius recorded 10 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Mauritius reported 332 Coronavirus Cases. This page includes a chart with historical data for Mauritius Coronavirus Deaths.

Mauritius recorded 320 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Mauritius reported 10 Coronavirus Deaths. This page includes a chart with historical data for Mauritius Coronavirus Recovered.

Job Vacancies in Mauritius increased to 13963 in 2019 from 4124 in 2018. Job Vacancies in Mauritius averaged 3729.37 from 1990 until 2019, reaching an all time high of 13963 in 2019 and a record low of 1558 in 1998. This page provides - Mauritius Job Vacancies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Mauritius increased to 734 MUR Million in the fourth quarter of 2019 from 671 MUR Million in the third quarter of 2019. Remittances in Mauritius averaged 605.50 MUR Million from 2017 until 2019, reaching an all time high of 734 MUR Million in the fourth quarter of 2019 and a record low of 425 MUR Million in the first quarter of 2017. This page provides - Mauritius Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Central Bank Balance Sheet in Mauritius increased to 283721.46 MUR Million in March from 280698.14 MUR Million in February of 2020. Central Bank Balance Sheet in Mauritius averaged 113521.86 MUR Million from 2003 until 2020, reaching an all time high of 285593.39 MUR Million in January of 2020 and a record low of 43239.56 MUR Million in August of 2003. This page provides - Mauritius Central Bank Balance Sheet- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Mauritius increased by 176 MUR Million in the fourth quarter of 2019. Changes in Inventories in Mauritius averaged 718.03 MUR Million from 1999 until 2019, reaching an all time high of 3458 MUR Million in the fourth quarter of 2010 and a record low of -3498.10 MUR Million in the first quarter of 2001. In Mauritius, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides the latest reported value for - Mauritius Changes in Inventories - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Mauritius increased 12.20 percent in April of 2020 over the same month in the previous year. Food Inflation in Mauritius averaged 1.89 percent from 2013 until 2020, reaching an all time high of 15.80 percent in February of 2018 and a record low of -27.28 percent in December of 2013. This page provides - Mauritius Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Mauritius was last recorded at 1.85 percent. Interest Rate in Mauritius averaged 4.70 percent from 2006 until 2020, reaching an all time high of 9.25 percent in June of 2007 and a record low of 1.85 percent in April of 2020. In Mauritius, interest rates decisions are taken by the Bank of Mauritius. The BoM’s official interest rate is the repo rate. This page provides - Mauritius Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sophie Monk, 39, and her boyfriend Joshua Gross, 40, are on the move again, just weeks after returning home from Fiji. 

The voyage, called 2020 World Cruise, is taking place on Princess Cruises' Pacific Princess, with the cheapest ticket $22,999. It will take in 42 destinations in 26 countries across five continents.

Pope Francis is in Mauritius to honour a 19th century French missionary who ministered to free slaves. Roughly 100,000 people attended the service during country's first papal visit since 1989.

Skye Wheatley, 24, showcased her envy-inducing peachy posterior in a minuscule blue two-piece as she topped up her glow in idyllic Mauritius.

Mark Twain once quoted a Mauritius local as saying that 'heaven was copied after Mauritius' after he visited in 1896. The Daily Mail's Kate Johnson headed to the island to see if it still rings true.

The eye of the Calvinia tropical storm was just east of the island of Mauritius before heading south, as shown by NASA imagery on Tuesday.

High Commission of India, Port Louis
6th Floor, LIC Building,
President John Kennedy Street,
Port Louis, Mauritius.

Telephone: 00-230-2083775 / 76, 2080031, 2111400
Fax: 00-230-2086859
E-Mail: hicom.ss@intnet.mu (HC), hicomdhc@intnet.mu (DHC), hicomcc@intnet.mu (Counsellor Comm), hicompol@intnet.mu (SS Pol & Eco), coined@intnet.mu (HOC), hicomedu@intnet.mu (SS Education), hicombc@intnet.mu (Business Centre), indhse@intnet.mu (India House), igcic@intnet.mu (IGCIC)
Website: indiahighcom.intnet.mu

High Commissioner
T.P. Seetharam
Deputy High Commissioner
Prashant Pise

There are no new triggers for the markets to anticipate. Now, what happens globally, will follow locally in India