Sunibel Corporate Services - Gestion De Fortune

A diversified economy

Since gaining its independence in 1968, Mauritius has went through a remarkable transformation. Previously active in the monoculture of sugarcane, today it prides itself in having a strong and diversified economy. The island’s economic pillars are diverse:

Textile and Manufacturing

  • GDP contribution of 13.1% (2017), of which:
    • Food processing (including seafood): 35.5%
    • Textile and apparel: 28.7%
    • Sugar processing: 1.1%
    • Others : 34.7%
  • Employment: approx. 97,600

 

Tourism and Real Estate

  • GVA contribution (Real Estate): 5.9%
  • GVA contribution (Construction): 4.3%
  • GVA contribution (Tourism): 7.1%
  • Gross earnings from tourism: MUR 60.3 billion
  • Tourist arrivals: 1,341, 860

 

Financial Services

  • GDP contribution: 11.9% (2018)
  • Employment: approx. 13,000

 

ICT-BPO industry

  • GDP contribution: 5.6% (2017)
  • 800 companies
  • Employment: approx. 24,000
  • Internet penetration: 98.7%
  • Mobile penetration: 145%

 

Education

  • GDP contribution: 4.8% (2017)
  • Gross Tertiary Enrolment Ratio: 46.6% (2016)
  • Total employment: 26,680 (2017)
  • Pre-primary schools: 883
  • Primary schools: 318
  • Secondary schools: 176
  • Training institutions: 507
  • Publicly-funded tertiary educational institutions: 10
  • Private tertiary educational institutions: 41

 

Healthcare

  • GDP contribution: 4.4% (2017)
  • Number of players: 29 (public and private hospitals and clinics)
  • Total employment: approx. 8500 (doctors, dentists, pharmacists, qualified nurses and midwives)
  • Foreign Patients: more than 18,000 in 2016

 

Logistics and Freighting

  • GDP contribution (Transportation and Storage): 6.4% (2017)
  • Employment: over 3,500 (2017)

 

Agro-Industry

  • GDP contribution: 3.5% (2017)
  • Domestic Export: MUR 22 billion
  • Employment: 41,200 (2017)

 

Lifesciences

  • Pharmaceuticals
  • Medical Devices
  • Clinical and Pre-clinical Research
  • Nutraceuticals
  • Biotechnology : turnover in excess of MUR 2.3 billion
  • More than 1000 trials carried out on cosmetic and pharmaceutical products
  • Number of players: 25
  • Total employment: 1,275

 

Ocean Economy

  • GDP Contribution: 4% (exclusive of coastal tourism)
  • Maritime zone of 2.3 million km2, equivalent to the territory of Spain, Germany, Italy, France and United Kingdom combined
  • Investment: MUR 2000 million (FDI)
  • Domestic Export: MUR 15 billion
  • Employment: 20,000
  • Seabed exploration for hydrocarbon and minerals

 

Creative and film industry

  • 86 film projects have completed production in Mauritius from 2013 to 2018
  • MUR 3 billion generated

 

Source: Economic Development Board, 2019 – www.edbmauritius.org