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# [MAURITIUS] National Rebasing: GDP Revised to Rs 695.2 Billion, Growth Projected at 3% for 2026
- URL: https://businessoi.media/en/maurice-rebasing-national-le-pib-revise-a-rs-695-2-milliards-la-croissance-projetee-a-3-pour-2026-en/
- Published: 2026-10-05T02:49:44.000Z
- Updated: 2026-10-05T02:49:44.000Z
- Description: Statistics Mauritius completes a landmark rebasing: 2023 GDP is revised to Rs 695.2 billion (+9.1%) under a new base year aligned with SNA 2025. Growth is projected at 3% for 2026 — a solid performance in a challenging global context.
- Author: Emmanuel TAOCHY
- Tags: Maurice, Économie, Finances publiques, Revue matinale, #en

Statistics Mauritius published its updated national accounts estimates on 30 September 2026, marking a major methodological overhaul: the country has adopted 2023 as its new base year and aligned with the System of National Accounts 2025 recommendations, with IMF technical assistance. The outcome is a substantial upward revision of GDP levels — paired with a slight downward correction of the growth forecast for the current year.

## A Rebasing That Significantly Lifts GDP Levels

Nominal GDP for 2023 is now estimated at Rs 695.2 billion, up 9.1% from the previous estimate of Rs 637.0 billion. The revision draws on new data from the Census of Economic Activities and a broader coverage perimeter. The catch-up effect extends across the entire historical series: GDP for 2024 gains an additional Rs 63.35 billion, and 2025 adds Rs 67.28 billion. For 2026, nominal GDP is expected to reach Rs 873.14 billion, with GDP per capita projected at Rs 703,970, compared to Rs 651,510 in 2025 — an 8% increase reflecting an economy deeper than previously measured.

## Real Growth Moderated but Structurally Sound

In parallel with the upward level revision, real growth rates are recalibrated. Growth in 2024, initially estimated at 4.9%, is adjusted to 4.2%; 2025 moves from 3.2% to 3.5%. For 2026, the official forecast is set at 3.0%, compared to a previous projection of 3.8%. This recalibration reflects a more challenging international environment, including headwinds to global trade and moderating tourism demand from Europe.

Key growth drivers remain information and communication technology (+5%) and financial services (+4.7%). Tourism (+2.2%) and construction (+0.9%) advance more modestly, with the latter beginning to recover from a 2.1% contraction recorded the previous year.

## Agriculture and Manufacturing Hold Firm

The agricultural sector posts 4.2% growth, driven by crop diversification and exports of specialty high-value sugars. Manufacturing grows 1.5%, led by textile exports to European markets under existing preferential trade agreements. Statistics Mauritius stressed that the new methodology improves the international comparability of Mauritian data, in line with IMF recommendations. Mauritius now joins a select group of African economies with a world-class statistical framework.

## Why This Matters

This rebasing is far more than a bookkeeping exercise. A higher GDP baseline mechanically improves public debt ratios, strengthens Mauritius's credibility with rating agencies and international investors, and recalibrates every regional comparison. For decision-makers — local and foreign alike — the signal is clear: the Mauritian economy is deeper and more resilient than previously measured. A 3% growth trajectory in an uncertain global environment remains a solid performance by any regional standard.