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Mauritius Debt to GDP Ratio

Mauritius's government debt to GDP ratio rose to 82.1% in 2024 from 81.8% in 2023. This increase stems from higher government spending on social housing and public sector bonuses. Revenue shortfalls including below-projection tax collections and slower revenue growth, widened the fiscal deficit. Lowered GDP growth forecasts for 2024 also contributed to the ratio's marginal rise. Mauritius's record low debt to GDP was 61.3% in 2017 and record high was 91.9% in 2020.

Yearly Historical Data (2015-2024)

(in %)
Year Debt to GDP Ratio
2024 82.1%
2023 81.8%
2022 86.1%
2021 91.9%
2020 91.9%
2019 79%
2018 63.2%
2017 61.3%
2016 62.6%
2015 63%
Mauritius Debt to GDP Ratio : Definition
Mauritius government debt to GDP is the ratio of the nation's total central government debt to its Gross Domestic Product (GDP), expressed as a percentage. It is calculated by dividing the government's outstanding liabilities, measured in Mauritian Rupees, by the annual GDP value. This shows the debt burden relative to economic output.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -4.2% -4.4% Dec'24
Private Credit (% GDP) 69.8% 69.75% 2024