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Mauritius

Republic of Mauritius

English, French, Creole Mauritian Rupee (MUR) Mixed: French civil law, English common law
AU, SADC, COMESA, AfCFTA, Commonwealth, WTO

Mauritius is Africa's highest-income economy by GDP per capita and consistently ranked the continent's most business-friendly destination. The country has successfully diversified from a sugar-dependent economy to a services-driven hub encompassing financial services, tourism, ICT/BPO, manufacturing, and the freeport.

The Mauritius International Financial Centre is a leading offshore jurisdiction, particularly for investments into India and Africa, leveraging an extensive network of double taxation agreements. The Stock Exchange of Mauritius (SEM) is well-regulated and attracts international listings.

Mauritius ranks 1st in Africa on the Mo Ibrahim Governance Index, the Heritage Foundation Economic Freedom Index, and the Doing Business rankings. The Economic Development Board (EDB) provides one-stop facilitation for investors. The country offers premium business visas and occupation permits for professionals, entrepreneurs, and retirees. Challenges include a small domestic market and vulnerability to climate change.

Snapshot

Population~1.2 MWorld Bank, 2025
GDP (current USD)$16.2 BWorld Bank, 2025
GDP per Capita$12,991World Bank, 2025
GDP Growth3.15%World Bank, 2025
Inflation (y/y)~3.67%World Bank, 2025
Key repo rate (Bank of Mauritius)4.50%Central Bank
Unemployment5.64%World Bank, ILO modelled estimate, 2025
Internet Use~73.31%World Bank, 2024
Electrification~100.00%World Bank WDI
CPI Score (Rank)50.0/100 (#55)Transparency Intl
HDI (Rank)0.796 (#72)UNDP HDR
Credit RatingBaa3 (Moody's)S&P / Moody's / Fitch
MarketStock Exchange of Mauritius (SEM)

World Bank Indicators Compare with another country

GDP (current USD)$16.2 BWorld Bank, 2025
GDP growth (annual)3.15%World Bank, 2025
GDP per capita (USD)$12,991World Bank, 2025
Population, total1.2 MWorld Bank, 2025
FDI net inflows (USD)$681.3 MWorld Bank, 2024
Inflation (consumer prices)3.67%World Bank, 2025
Unemployment (% labour force)5.64%World Bank, 2025
Internet use (% of people)73.31%World Bank, 2024
Trade (% of GDP)139.94%World Bank, 2025

Country Facts

CapitalPort Louis
RegionEast Africa
CurrencyMauritian Rupee (MUR)
FX RegimeManaged float
Stock ExchangeStock Exchange of Mauritius (SEM)
Investment Promotion AgencyEconomic Development Board (EDB)
Legal SystemMixed: French civil law, English common law
Time ZoneIndian/Mauritius

Focus Sectors

Financial Services & Offshore Banking
Tourism
Textiles
ICT & BPO
Sugar
Seafood
Manufacturing
Real Estate
Freeport
Renewable Energy

Regulations & Taxes

Corporate Income Tax15% flat rate (3% for GBC holders on foreign income)
VAT / Sales Tax15% standard

Resources

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