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The economy of Mauritius is a mixed developing economy based on agriculture, exports, financial services, and tourism. [14] Since the 1980s, the government of Mauritius has sought to diversify the country's economy beyond its dependence on just agriculture, particularly sugar production.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021. [8] [1] [11]
World Bank: 2020 13 out of 192* 3rd in African Continent. Human Development Index: United Nations: 2019 66 out of 189* 2nd in Africa: Global Enabling Trade Report: World Economic Forum: 2016 39 out of 136* 3rd in African Continent. Global Competitiveness Report: World Economic Forum: 2019 52 out of 141* 3rd in African Continent.
The IMF projects global growth to remain around 3% over the next five years –– the lowest medium-term growth forecast since 1990 and well below the average of 3.8% from the past two decades.
The World Bank expects the 20 countries that share the euro currency to eke out 0.7% growth this year, a modest improvement on 0.4% expansion last year. Japan’s economy is forecast to grow just ...
Mauritius, [a] officially the Republic of Mauritius, [b] is an island country in the Indian Ocean, about 2,000 kilometres (1,100 nautical miles) off the southeastern coast of East Africa, east of Madagascar. It includes the main island (also called Mauritius), as well as Rodrigues, Agaléga, and St. Brandon (Cargados Carajos shoals).
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.
Economic history of Mauritius (2 C, 3 P) I. Industry in Mauritius (2 C, 2 P) Infrastructure in Mauritius (1 C) L. Labor disputes in Mauritius (2 P) S. Science and ...