Economy of Mauritius

Since independence in 1968, Mauritius has developed from a low-income, agriculturally based economy to a middle income diversified economy with growing industrial, financial, and tourist sectors. For most of the period, annual growth has been of the order of 5% to 6%. This has been reflected in increased life expectancy, lowered infant mortality and improved infrastructure.

Estimated at US$12,356 for 2009 at purchasing power parity (PPP),[23] Mauritius has the sixth-highest GDP per capita in Africa, behind Seychelles (US$19,274 at PPP), Equatorial Guinea (US$16,853 at PPP), Gabon (US$14,421 at PPP), Libya (US$14,381 at PPP) and Botswana (US$13,417 at PPP).The economy is mainly dependent on sugarcane plantations, tourism, textiles, and services, but other sectors such as seafood processing, information technology and medical tourism are rapidly developing as well. Mauritius, Libya, and Seychelles are the only three African nations with a "high" Human Development Index rating. Réunion, as part of France, is not listed by the UN in their Human Development Index ranking.

Kirk Sanford
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