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Economy - MCCI Economy - MCCI Economy - MCCI

 

Economy in figures

Table of Contents:
The statistics include comparative figures from 2007 to 2010.

Population
Indicative selling exchange rates
National Accounts
Sectoral Contribution to GDP at basic prices
Real Growth Rates
Balance of Payments
Broad Money Liabilities
Consumer Price Index
Agricultural Production
Industrial Production
Productivity Indicators(Growth Rates)
Transport and Communications
External Trade
Terms of trade
External Trade by Region
Regional External Trade
Domestic Exports
Tourism
Education
Monthly earnings, large establishments
Employment
Business Licenses
New Buildings
Government Finance


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POPULATION  
Population
2007
2008
2009
2010
Total 
1,260,403 1,268,565 1,277,853 1,280,925
Crude birth rate
13.5 12.9 12.0 12.0
Crude death rate 
6.7 7.1 7.2 7.0
Marriage rate 
18.3 17.7 16.7 15.8

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INDICATIVE SELLING EXCHANGE RATES  
Indicative selling exchange rates 
2007 2008 2009 2010
US Dollars / Rupees 31.37 29.02 30.15 31.31
UK Pounds / Rupees 62.86 53.49 48.17 48.85
Euro / Rupees 42.92 42.57 44.01 41.38

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NATIONAL ACCOUNTS  
National Accounts (Rs Bn)
2007 2008 2009 2010
GDP. at market prices 244.0 274.3 282.9 300.0
GDP at basic prices 215.4 243.1 252.2 266.0
Per Capita GDP at market prices (Rs. 000)  193.5 216.2 221.4 234.1
Gross National Savings (GNS) 52.4 47.2 39.9 47.3
Capital formation (GDFCF) 61.2 67.5 74.4 74.4
     Private 48.1 56.1 55.8 56.1
     Public 13.1 11.4 18.6 18.3
GNS as a % of GDP 21.5 17.2 14.1 15.8
GDFCF as a % of GDP  25.1 24.6 26.3 24.8

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SECTORAL CONTRIBUTION TO GDP AT BASIC PRICES  
Sectoral Contribution to GDP at basic prices (%)
2007 2008 2009 2010
Agriculture  4.5 4.1 3.9 3.6
     Sugarcane 2.0 1.8 1.4 1.1
     Other 2.5 2.3 2.5 2.5
Manufacturing  19.2 19.4 19.1 18.3
     Sugar 0.5 0.5 0.4 0.3
     Food (excl Sugar) 5.7 6.6 6.4 6.2
     Textile 6.8 5.7 5.6 5.2
     Other sectors 6.2 6.6 6.7 6.6
Hotel and Restaurant 8.7 7.9 6.6 7.0
Financial Intermediation 9.8 9.8 10.2 10.0
Wholesale, retail incl repairs 11.9 12.0 11.4 11.8
Transport & Communications 11.0 9.8 9.6 9.5
Real Estate, renting & business activities 10.6 11.2 11.8 12.3
Construction 6.2 6.8 6.9 6.9
Public Admin, Education, Health & other social works 16.6 17.1 18.3 18.6

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REAL GROWTH RATES  

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BALANCE OF PAYMENTS  
Balance of Payments (Rs M)
2007 2008 2009 2010
Goods and services -23,681 -38,876 -29,176 -37,203
Income 7,491 4,898 825 6,202
Transfers 3,693 6,250 6,909 5,630
Capital and Financial Account 2,132 20,857 11,049 19,920
Overall balance of payments 13,880 4,624 12,103 6,177
Net Errors and Omission 10,365 6,871 10,393 5,451
Net international reserves 85,834 90,164 105,748 109,176

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BROAD MONEY LIABILITIES  
Broad Money Liabilities (Rs M)
2007 2008 2009 2010
Currency with public 14,260 16,323 17,153 18,975
Transferable Rupee deposits 32,959 37,030 43,751 44,860
Savings Rupee deposits 65,461 75,850 84,477 102,349
Time Rupee deposits 79,346 89,409 94,251 94,150
Foreign Currency deposits 45,945 54,334 56,077 55,921
Securities other than Shares, Included in Broad Money 1,346 1,535 772 2,869
Credit to Private Sector 179,167 225,468 201,632 251,432

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CONSUMER PRICE INDEX  
Consumer Price Index
2007 2008 2009 2010
CPI yearly average1  103.8 113.9 116.8 120.2
Headline inflation (%) 8.8 9.7 2.5 2.9
CORE 12 (%) 5.0 8.7 2.4 3.2
CORE 2 3 (%) 5.7 6.1 3.8 2.8
  1 Base: July 2006 – June 2007
2 CORE 1 excludes “Food, Beverages and Tobacco” components and mortgage interest on housing loan from headline inflation
3 CORE 2 excludes Food, Beverages, Tobacco, mortgage interest, energy prices and administered prices from headline inflation

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AGRICULTURAL PRODUCTION  
Agricultural Production (Tonnes)
2007 2008 2009 2010
Sugar Cane (000 Tonnes) 4,236 4,533 4,672 4,525
Tea (green leaf) 8,027 8,672 7,663 7,370
Tobacco leaf 316 349 314 282
Creepers 24,679 23,279 29,179 28,672
Potato 15,367 14,868 19,828 17,000
Tomato 11,117 11,518 12,586 10,907
Onion 6,187 5,558 4,855 5,875
Cabbage 4,430 3,732 4,644 4,782
Pineapples 6,398 6,394 8,880 6,288
Bananas 9,026 10,463 10,920 11,007
Poultry 40,000 42,000 44,000 46,000
Fish 5,987 6,025 6,978 5,647
Meat 2,433 2,308 2,595 2,885

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INDUSTRIAL PRODUCTION  
Industrial Production
2007 2008 2009 2010
Electricity (GWh) 2,464.6 2,557.2 2,577.4 2,632.0
Sugar (Tonnes) 435,972 452,062 467,234 452,473
Tea (Tonnes) 1,563 1,668 1,481 1,467

 

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PRODUCTIVITY INDICATORS  
Productivity Indicators (% Growth Rates) 2007 2008 2009 2010
  - Total Economy        
Labour Productivity 4.0 1.8 2.6 2.1
Capital Productivity 0.2 0.1 -2.5 -0.6
Multi Factor Productivity 0.9 0.5 -0.9 -0.1
Unit Labour Cost  7.6 7.3 2.9 0.9
Average Compensation 11.9 9.2 5.6 3.0
  - Manufacturing Sector        
Labour Productivity 0.6 2.9 8.7 4.1
Capital Productivity -3.1 2.6 1.8 6.6
Multi Factor Productivity -2.6 2.0 3.5 6.8
Unit Labour Cost  5.9 5.9 -0.3 2.9
Average Compensation 6.4 9.0 8.4 7.1
  - Export Oriented Enterprises        
Labour Productivity 7.7 6.2 8.6 8.5
Capital Productivity -2.2 4.1 7.5 16.9
Multi Factor Productivity 0.6 7.8 8.1 20.8
Unit Labour Cost  5.8 4.6 -0.9 2.9
Average Compensation 14.0 11.1 7.6 11.7

 

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TRANSPORT AND COMMUNICATIONS  
Transport and Communications
2007 2008 2009 2010
Cars 99,770 109,507 117,890 127,363
Taxis 6,885 6,941 6,921 6,924
Buses 2,753 2,762 2,803 2,845
Lorries & Trucks 12,536 12,726 12,950 13,186
Vans & Dual Purpose Vehicles 69,569 71,355 72,768 74,185
  - Sea Traffic        
Vessel traffic 2,317 2,008 2,079 2,135
Goods unloaded (000 Tons) 5,080 5,140 4,761 5,099
Goods loaded (000 Tons) 1,179 1,155 1,117 1,117
  - Air Traffic        
Plane landings 8,543 7,750 9,824  
Goods unloaded (000 Tons) 22,663 17,600 20,400  
Goods loaded (000 Tons) 24,894 19,500 21,924  

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EXTERNAL TRADE  
External Trade (Rs M)
2007 2008 2009 2010
Imports - C.I.F 121,037 132,165 118,444 135,394
    EOE 21,036 20,172 17,332 20,617
    Freeport  6,008 5,166 5,800 6,714
Exports - F.O.B 69,708 67,970 56,162 61,997
    EOE 37,840 35,080 35,972 39,817
    Re-exports  13,778 12,588 10,396 11,057

 

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Terms of Trade  
Terms of trade
2007 2008 2009 2010
(Base Year 2007=100) 100 89 94 85
 
   
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EXTERNAL TRADE BY REGION  
External Trade by Region (Rs M)
2007 2008 2009 2010
Total Exports (FOB) – All Countries 64,042 59,455 56,162 61,997
Europe 43,953 40,392 37,445 39,319
Asia 4,942 4,426 2,904 4,411
Africa 9,662 9,963 10,516 11,384
America 5,182 4,440 5,069 6,605
Imports (CIF) – All Countries 121,081 132,564 118,444 135,394
Europe 35,780 32,240 33,960 34,173
Asia 62,120 71,679 59,049 71,666
Africa 13,973 16,968 14,799 16,785
America 5,095 6,917 5,883 6,878


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REGIONAL EXTERNAL TRADE  
Regional External Trade (Rs M)
2007 2008 2009 2010
Total Exports (FOB)        
ACP 7,585 7,634 7,998 9,103
COMESA 5,061 5,006 4,972 4,945
SADC 6,159 5,910 7,352 8,193
Imports (CIF)        
ACP 12,882 15,487 13,595 15,485
COMESA 3,830 4,037 3,311 3,997
SADC 10,528 12,508 11,972 13,480

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DOMESTIC EXPORTS  
Domestic Exports 
2007 2008 2009 2010
Tuna (Tonnes) - HS 160414 49,240 47,855 48,862 49,938
Sunglasses (000 pairs) - HS 900410 577 528 576 558
Jerseys, etc of wool (000) - HS 611011 1,025 941 777 437
Cotton articles, not knitted (000):        
   Men's trousers - HS 620342 6,616 6,576 7,126 6,395
   Men's shirts - HS 620520 12,615 11,796 10,742 11,017
   Women's trousers - HS 620462 1,674 2,043 2,722 3,445
   Women’s blouses - HS 620630 1,058 886 1,170 968
Cotton articles, knitted (000):        
   Men's trousers - HS 610342 412 444 217 363
   Men's shirts - HS 610510 9,290 6,384 3,671 3,883
   Women's trousers - HS 610462 563 622 1,226 1,779
   Women's blouses - HS 620630 1,115 2,081 1,170 968
Jerseys of cotton, knitted (000) - HS 611020 4,689 4,907 2,706 6,550
T-shirts of cotton, knitted (000) - HS 610910 80,197 73,186 66,766 65,216

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TOURISM  
Tourism
2007 2008 2009 2010
Earnings (Rs M) 40,687 41,213 35,693 39,456
Tourist nights (000) 8,987 9,218 8,639 9,495
No. of tourists 906,971 930,456 871,356 934,827
From: France (%) 26.5 27.9 31.6 32.3
          Reunion (%) 10.6 10.3 12.0 12.3
          U.K. (%)          11.8 11.6 11.7 10.4
          Germany (%)          7.2 6.6 5.9 5.7
          South Africa (%)          9 9.1 8.5 8.7
Number of Hotels  97 102 102 112
Number of Rooms 10,857 11,488 11,456 12,075

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EDUCATION  
Education
2007 2008 2009 2010
Primary: Pupils 119,310 119,022 117,922 117,427
Primary : Teachers 5,548 5,495 5,454 5,435
Secondary: Pupils 116,706 116,503 116,226 114,879
Secondary: Teachers 8,124 8,053 8,156 7,695
Prevocational : Pupils 9,753 8,495 8,033 7,442
Prevocational : Teachers 663 645 622 628
Post secondary : Students enrolled        
          UOM & UTM 9,501 10,986 12,681  
          MIE 3,959 4,196 4,738  
          MGI 575 539 626  
          MCA 478 379 452  
          Polytechnics, MITD, MIH 1,367 1,272 1,347  

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MONTHLY EARNINGS, LARGE ESTABLISHMENTS  
Monthly earnings, large establishments (Rs)
2007 2008 2009 2010
Average Overall average 13,397 14,440 16,883 18,247
Manufacturing 8,622 8,995 10,008 10,810
Agriculture 10,409 10,990 12,757 13,841
Trade 14,270 15,786 16,528 17,558
Hotel & Restaurant 11,325 11,550 13,317 14,297
Financial intermediation 24,504 27,413 29,044 33,078
Government 15,497 16,880 22,039 22,078


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EMPLOYMENT  
Employment ('000) 2007 2008 2009 2010
Labour Force (Mauritian)
548.9
559.4
566.3
581.3
Male
353.6
355.6
358.1
362.4
Female
195.3
203.8
208.2
218.9
Employment (Mauritian)
502.1
519.0
524.8
536.1
Employment (Foreigners)
21.6
24.0
21.0
22.0
Total Employment
523.7
543.0
545.8
558.1
of which: Men
347.1
355.7
355.3
358.8
             : Women
176.6
187.3
190.5
199.3
Agriculture
47.2
46.2
46.2

45.3*

Manufacturing
123.0
123.3
115.8

114.9

Electricity and water
3.0
3.1
3.1

4.8

Construction
49.5
51.5
52.4

54.2

Wholesale & retail trade
78.4
81.5
85.1

86.1

Hotel & restaurant
32.0
36.3
35.8

36.3

Transport, storage, communication
37.4
39.0
40.0

39.7

Financial intermediation
10.5
11.9
12.6

14.3

Real estate and business activities
24.7
28.4
31.4

33.3

Public administration, defense, social security
39.1
39.6
39.4

39.1

Education
28.8
29.4
30.1

30.6

Health & social work
15.5
16.4
16.7

21.6

Other services
34.4
36.2
37.0

38.7

* MCCI Estimates
 
Unemployment ('000)
46.8
40.4
41500
45200
Male
18.6
14.6
15800
16700
Female
28.2
25.8
25700
28500
Unemployment Rate (%)
8.5
7.2
7.3
7.8

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BUSINESS LICENCES  
Business Licenses
2007 2008 2009 2010
Total
84,185 89,597 94,609 101,697
Manufacturing
5,659 6,716 7,209 7,825
Trade
57,590 60,936 64,139
       68,780
Hotel / Restaurant
4,905 5,163 5,478 5,946
Transport, storage & communication
5,579 5,606 5,620 5,648
Real Estate & Renting
3,441 3,908 4,302 4,823

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NEW BUILDINGS  
New Buildings (sq. metres)
2007 2008 2009 2010
Residential 1,292,860 1,124,110 1,158,832  
of which: Urban 401,301 334,606 362,521  
               Rural 891,559 789,504 796,311  
Non residential  666,733 442,773 536,112  
of which: Urban 238,097 237,124 272,332  
               Rural 428,636 205,649 263,780  



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GOVERNMENT FINANCE  

GOVERNMENT FINANCE (Rs M)
2008/09* Jul-Dec 2009* 2010** 2011***
Revenue
62,216 33,183 62,925 70,300
Taxes
52,333 27,641 53,353 59,708
Social Contributions
960 495 1,015 1,075
Grants
2,781 3,182 1,470 2,885
Other Revenue
6,142 1,865 7,087 6,632
Expenses
64,846 34,096 67,870 72,593
Compensation of employees
16,248 8,685 17,784 19,362
Use of Goods and Services
5,124 2,774 6,769 7,609
Interest
10,431 5,326 10,170 11,150
Subsidies
917 454 1,021 1,178
Grants
17,656 8,837 14,989 13,245
Social Benefits
11,692 6,729 13,645 14,402
Other Expenses
2,778 1,291 3,492 3,847
Contingencies
- - - 1,800
Gross Operating Balance
-2,630 -913 -4,945 -2,293
Net Acquisition of Non-Financial Assets
5,546 4,946 8,407 11,436
Net Lending/Borrowing (Budget Balance)
-8,176 -5,859 -13,352 -13,729
Net Lending/Borrowing (Budget Balance) as % of GDP
3.0% 4.0% 4.5% 4.3%
Net Acquisition of Financial Assets
1,712 -114 1,030 3,810
Borrowing Requirements
9,751 5,450 14,160 17,040
Domestic
6,269 5,250 8,464 10,090
Foreign
3,482 200 5,696 6,950
Borrowing Requirements as % of GDP
3.6% 3.7% 4.8% 5.3%
PRIMARY BALANCE
2,255 -533 -3,465 -2,579
PRIMARY BALANCE AS % OF GDP
0.8% -0.4% -1.1% -0.8%
* Actual   ** Revised Estimates   *** Estimates

 
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The Chamber wishes to thank the Statistics Mauritius, the Bank of Mauritius, the customs and Excise department and the Mauritius Ports Authority for making available the statistics published herein.

(updated as at June 2011)

 
 
 
 
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