Who Owns Whom
Request Free Trial Showcase Your Company WOWEB Login
Home > Country > Mauritius

Mauritius

Country Code: 480

ISO2 Code: MU

ISO3 Code: MUS

Mauritius

Economic Snapshot Info Company Profile Sector Research Stock Exchange

Country Economic Snapshot

2023-11-08

Mauritius is an island nation off the east African coast with a land mass of 2,040km², a coastline of 330km, a population of 1.3 million and a GDP of US$11.5bn. It has previously been a colony of France and the UK, and to quote a resident, citizens “speak English, write in French and think in Creole”.

The nation has developed from a low income, agricultural producer to a diversified, middle-income earner with emerging industrial, financial, business outsourcing and tourism sectors. It has positioned itself as a base for investment in Africa by scrapping exchange controls so that profits can be freely expatriated, and has established double taxation treaties with most African countries. The services sector accounts for around 75% of GDP.

Real GDP growth rose to an estimated 8.7% in 2022, up from 3.4% in 2021, spurred by sustained policy support and the lifting of travel restrictions, and buoyed by recovery in the tourism sector. Monetary policy remained accommodative to support economic activity, taking advantage of low inflation of 4.0% in 2021. However, inflation rose sharply to an estimated 10.8% in 2022, driven largely by surging imported food and energy prices because of Russia’s invasion of Ukraine.

The economy is projected to grow 5.0% in 2023 and 4.2% in 2024, driven by tourism. Growth will be tempered by Europe (a key market) experiencing a downturn because of higher living costs and the effects of the war in Ukraine. Monetary tightening will also weigh on domestic demand. The fiscal deficit is projected to narrow to 5.4% of GDP in 2023 and 4.7% in 2024, financed predominantly through domestic borrowing and, to a lesser extent, external borrowing.

Inflation is projected to moderate to 7.0% in 2023 and 5.5% in 2024. The trade deficit is also projected to fall to 7.7% of GDP in 2023 and 5.1% in 2024.


Sources: Who Owns Whom sector reports, CIA Factbook, African Development Bank, World Bank, Trading Economics, African Statistical Yearbook and IMF.

Info

Capital Port Louis
Currency (Name, Abbreviation, Symbol) Mauritian rupee , MUR , ₨
Area 2,040 sq km
Type of Government parliamentary democracy
Languages Creole 80.5%, Bhojpuri 12.1%, French 3.4%, English (official; spoken by less than 1% of the population), other 3.7%, unspecified 0.3% (2000 census)
Natural Resources arable land, fish
Type of Industry food processing (largely sugar milling), textiles, clothing, mining, chemicals, metal products, transport equipment, nonelectrical machinery, tourism
Stock Exchange Stock Exchange of Mauritius
Stock Exchange Location Port Louis
Stock Exchange Founded 1988
Tax Rate: Corporate 15%
Tax Rate: Individual 15%
Natural Resources arable land, fish

Latest available information as sourced from:

African Markets

Trading Economics

Economy Watch

The World Fact Book

KPMG Tax Tables

Company Profile

There is no data available at the moment

Sector Research

There is no data available at the moment

Sector Research

There is no data available at the moment

ABC Banking Corporation Ltd Stock Exchange of Mauritius 2016-01-18 ABCB Mauritius Active ABC Motors Company Ltd Stock Exchange of Mauritius 2012-10-16 ABC Mauritius Active Africa Clean Energy Solutions Ltd Stock Exchange of Mauritius 2019-05-31 ACES Mauritius Active African Export-Import Bank Ltd Stock Exchange of Mauritius 2019-07-04 AEIB Mauritius Active Africure Pharmaceuticals Ltd Stock Exchange of Mauritius 2021-01-18 AFRICURE Mauritius Active Alteo Ltd Stock Exchange of Mauritius 2012-07-31 ALT Mauritius Active Arindo Holdings (Mauritius) Ltd Stock Exchange of Mauritius 2017-11-30 ARINDO Mauritius Active Ascencia Ltd Stock Exchange of Mauritius 2006-08-04 ASCE Mauritius Active Associated Commercial Company Ltd Stock Exchange of Mauritius 2012-06-12 ACC Mauritius Active Astoria Investments Ltd Stock Exchange of Mauritius 2015-11-10 ATIL Mauritius Active Attitude Property Ltd Stock Exchange of Mauritius 2015-09-21 APL Mauritius Active Automatic Systems Ltd Stock Exchange of Mauritius 1994-10-12 ASYS Mauritius Active Bayport Management Ltd Stock Exchange of Mauritius 2013-03-28 BML Mauritius Active Bee Equity Partners Ltd (The) Stock Exchange of Mauritius 2006-08-04 FIDE Mauritius Active BlueLife Ltd Stock Exchange of Mauritius 2014-01-08 BLL Mauritius Active BMH Ltd Stock Exchange of Mauritius 1994-03-07 BMHL Mauritius Active C-Care (Mauritius) Ltd Stock Exchange of Mauritius 2006-08-04 MSCL Mauritius Active Caudan Development Ltd Stock Exchange of Mauritius 1995-01-16 CAUD Mauritius Active CIEL Ltd Stock Exchange of Mauritius 2014-01-00 CIEL Mauritius Active CIM Financial Services Ltd Stock Exchange of Mauritius 2012-10-30 CIM Mauritius Active Compagnie Des Villages de Vacances de l'Isle de France Ltee Stock Exchange of Mauritius 2006-08-04 COVI Mauritius Active Compagnie Immobiliere Ltee Stock Exchange of Mauritius 2013-01-16 CIMO Mauritius Active Constance Hotels Services Ltd Stock Exchange of Mauritius 2006-08-04 CHSL Mauritius Active Constance La Gaiete Company Ltd Stock Exchange of Mauritius 2006-08-04 Mauritius Active Crytel Mauritius Ltd Stock Exchange of Mauritius 2021-11-16 CTEL Mauritius Active Dale Capital Group Ltd Stock Exchange of Mauritius DCPL Mauritius Active ENL Ltd Stock Exchange of Mauritius 2006-08-04 ENL Mauritius Active Excelsior United Development Companies Ltd Stock Exchange of Mauritius 2006-08-04 EUDCOS Mauritius Active Fincorp Investment Ltd Stock Exchange of Mauritius 1994-08-31 FINC Mauritius Active Gamma Civic Ltd Stock Exchange of Mauritius 1994-11-30 GAMA Mauritius Active Go Life International Ltd Incorporated in (Mauritius) Stock Exchange of Mauritius 2011-07-07 GOLI Mauritius Active Happy World Property Ltd Stock Exchange of Mauritius 2020-12-18 HWP Mauritius Active Harel Mallac & Co. Ltd Stock Exchange of Mauritius 1991-02-20 HML Mauritius Active Hotelest Ltd Stock Exchange of Mauritius 2006-08-04 HTLS Mauritius Active IBL Ltd Stock Exchange of Mauritius 1994-08-17 IBL Mauritius Active Innodis Ltd Stock Exchange of Mauritius 1996-00-00 HWF Mauritius Active IPRO Growth Fund Ltd Stock Exchange of Mauritius 2000-12-00 IPRO Mauritius Active Kolos Cement Ltd Stock Exchange of Mauritius 2018-01-29 KLOS Mauritius Active Lavastone Ltd Stock Exchange of Mauritius 2018-12-14 LAVA Mauritius Active Les Gaz Industriels Ltd Stock Exchange of Mauritius 2007-04-16 GIL Mauritius Active Les Moulins de la Concorde Ltee Stock Exchange of Mauritius 2006-08-04 LMLC Mauritius Active Livestock Feed Ltd Stock Exchange of Mauritius 2006-08-04 LFL Mauritius Active Lottotech Ltd Stock Exchange of Mauritius 2014-03-03 LOTO Mauritius Active Lux Island Resorts Ltd Stock Exchange of Mauritius 2005-11-23 LIR Mauritius Active Mauritius Chemical and Fertilizer Industry Ltd (The) Stock Exchange of Mauritius 1989-12-13 MCFI Mauritius Active Mauritius Cosmetics Ltd Stock Exchange of Mauritius 2006-08-04 MCOS Mauritius Active Mauritius Development Investment Trust Company Ltd (The) Stock Exchange of Mauritius 1989-07-05 MDIT Mauritius Active Mauritius Oil Refineries Ltd Stock Exchange of Mauritius 1990-02-21 MROI Mauritius Active Mauritius Secondary Industries Ltd Stock Exchange of Mauritius 2006-08-04 MSIL Mauritius Active MCB Group Ltd Stock Exchange of Mauritius 2014-04-05 MCB Mauritius Active Medine Ltd Stock Exchange of Mauritius 2006-08-04 MSE Mauritius Active MFD Group Ltd Stock Exchange of Mauritius 2015-03-09 MFD Mauritius Active Miwa Sugar Ltd Stock Exchange of Mauritius 2022-11-21 MIWA Mauritius Active Morning Light Co. Ltd Stock Exchange of Mauritius 2006-08-04 MOLI Mauritius Active MUA Ltd Stock Exchange of Mauritius 1993-00-00 MUA Mauritius Active National Investment Trust Ltd Stock Exchange of Mauritius 1993-07-29 NITL Mauritius Active New Mauritius Hotels Ltd Stock Exchange of Mauritius 1996-00-00 NMHL Mauritius Active Novus Properties Ltd Stock Exchange of Mauritius 2014-10-02 NOVUS Mauritius Active Oceanarium (Mauritius) Ltd Stock Exchange of Mauritius 2021-11-17 OML Mauritius Active Omnicane Ltd Stock Exchange of Mauritius 2012-08-17 MTMD Mauritius Active P.O.L.I.C.Y. Ltd Stock Exchange of Mauritius 1992-12-07 POL Mauritius Active Paper Converting Company Ltd Stock Exchange of Mauritius 2006-08-04 PCCL Mauritius Active Phoenix Beverages Ltd Stock Exchange of Mauritius 1993-00-00 PBL Mauritius Active Phoenix Investment Company Ltd Stock Exchange of Mauritius 2006-08-04 PICL Mauritius Active PIM Ltd Stock Exchange of Mauritius 1993-07-15 PIM Mauritius Active Promotion and Development Ltd Stock Exchange of Mauritius 1996-01-17 PAD Mauritius Active Quality Beverages Ltd Stock Exchange of Mauritius 2006-08-04 QBL Mauritius Active RHT Holding Ltd Stock Exchange of Mauritius 2006-08-04 RHT Mauritius Active Rogers and Company Ltd Stock Exchange of Mauritius 1990-06-07 ROGE Mauritius Active Sanlam Africa Core Real Estate Investments Ltd Stock Exchange of Mauritius 2013-05-16 SARE Mauritius Active SBM Holdings Ltd Stock Exchange of Mauritius 2014-10-03 SBM Mauritius Active Semaris Ltd Stock Exchange of Mauritius 2019-09-16 SEMARIS Mauritius Active SIT Land Holdings Ltd Stock Exchange of Mauritius 2006-08-04 SIT Mauritius Active Soap & Allied Industries Ltd Stock Exchange of Mauritius 2006-08-04 SAIL Mauritius Active Southern Cross Tourist Company Ltd Stock Exchange of Mauritius 2006-08-04 SCT Mauritius Active SREE AGRO Ltd Stock Exchange of Mauritius 2022-06-20 SREE Mauritius Active Sun Ltd Stock Exchange of Mauritius 1993-01-26 SRL Mauritius Active Swan General Ltd Stock Exchange of Mauritius SWAN Mauritius Active Swan Life Ltd Stock Exchange of Mauritius 2012-12-24 ANGM Mauritius Active Tadvest Ltd Stock Exchange of Mauritius 2016-02-03 TAD Mauritius Active Terra Mauricia Ltd Stock Exchange of Mauritius 1991-02-20 TERA Mauritius Active Trans Switch Africa Holdings Ltd Stock Exchange of Mauritius TSAH Mauritius Active Tropical Paradise Co Ltd Stock Exchange of Mauritius 2006-08-04 TPL Mauritius Active Union Sugar Estates Company Ltd (The) Stock Exchange of Mauritius 2006-08-04 UNSE Mauritius Active United Basalt Products Ltd (The) Stock Exchange of Mauritius 2013-11-04 UBP Mauritius Active United Bus Service Ltd Stock Exchange of Mauritius 2006-08-04 UBS Mauritius Active United Docks Ltd Stock Exchange of Mauritius 1991-11-27 UTDL Mauritius Active United Investments Ltd Stock Exchange of Mauritius 2006-08-04 UIL Mauritius Active Universal Partners Ltd Stock Exchange of Mauritius 2016-08-08 UPL Mauritius Active Velogic Holding Company Ltd Stock Exchange of Mauritius 2021-12-15 VELOGIC Mauritius Active Vivo Energy Mauritius Ltd Stock Exchange of Mauritius 1991-11-13 SHEL Mauritius Active

Top Mauritius Reports

The Mining Sector in East Africa

R 6 500.00(ZAR) estimated $ 348.71 (USD)*

The Mining Sector in East Africa 2020
View Report Add to Cart
The Mining Sector in East Africa

R 1 900.00(ZAR) estimated $ 101.93 (USD)*

The Mining Sector in East Africa 2018
View Report Add to Cart
The Printing Industry in East Africa

R 1 900.00(ZAR) estimated $ 101.93 (USD)*

The Printing Industry in East Africa 2018
View Report Add to Cart
Go To Store

Stay Up to Date with the Latest Industry News in Africa

Copyright @ 2021