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Economy
The Mauritian
economy is based on export of sugar, products from the Export Processing
Zone and tourism. Since 1989, a Stock Exchange was established to finance
the increased investment needs of the economy. Mauritius is being developed
into a viable centre for financial
services, exploiting its geographical location interfacing
African and South East Asian markets.
Main
Economic Indicators
|
|
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
| Population
(Island of Mauritius) |
|
1,009,332 |
1,017,307 |
1,024,571 |
1,035,807 |
1,049,967 |
1,063,400 |
1,077,946 |
1,087,343 |
| Real
annual growth rate (GDP at factor cost) |
% |
6.1 |
4.7 |
7.2 |
4.3 |
6.7 |
4.9 |
5.2 |
5.5 |
| GDP
at market prices |
mn |
2,069 |
2,116 |
2,559 |
2,738 |
3,193 |
3,200 |
3,507 |
4,042 |
| Per
capita GNP at market prices |
mn |
1,992 |
2,060 |
2,475 |
2,649 |
2,955 |
2,919 |
3,132 |
3,570 |
| Gross
Domestic Fixed Capital Formation (Investment) |
mn |
595 |
562 |
798 |
791 |
887 |
910 |
1,089 |
1,073 |
| Inflation
Rate |
% |
9.2 |
12.6 |
13.5 |
7.0 |
4.6 |
10.5 |
7.3 |
|
| Total
Imports (c.i.f. value) |
mn |
1,299 |
1,326 |
1,616 |
1,558 |
1,623 |
1,718 |
1,919 |
2,062 |
| Total
Exports (f.o.b. value) |
mn |
1,031 |
1,018 |
1,228 |
1,233 |
1,322 |
1,333 |
1,375 |
1,611 |
| Balance
of Visible Trade |
mn |
-20 |
-20 |
-26 |
-21 |
-19 |
-22 |
-30 |
-26 |
| Export
Processing Zone - Exports |
mn |
608 |
594 |
772 |
775 |
841 |
896 |
921 |
1,084 |
| Overall
Balance of Payments |
mn |
203 |
131 |
205 |
199 |
196 |
-40 |
-17 |
6 |
| Sugar
Production |
metric
tons |
634,224 |
568,301 |
624,302 |
611,340 |
643,168 |
565,026 |
500,209 |
550,000 |
| Tourist
Arrivals |
|
239,300 |
262,790 |
291,550 |
300,670 |
335,400 |
374,630 |
400,526 |
420,000 |
| Tourist
Earnings |
mn |
177 |
183 |
244 |
252 |
299 |
300 |
337 |
|
| Foreign
Reserves * |
mn |
413 |
459 |
648 |
778 |
975 |
806 |
777 |
776 |
| Unemployment
rate |
% |
3.6 |
3.3 |
2.6 |
2.1 |
2.1 |
1.8 |
1.6 |
|
(*) Includes Reserve Position of Mauritius in IMF as from 1991
mn - million US$
Source: Central Statistical Office
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