Mauritius: public finances

What is in the Mauritius budget for 2026-27?

The 2026-2027 budget expects total revenue of Rs 235.5 billion, including receipts from Chagos, and total spending of Rs 266.7 billion, a deficit of 3.7% of GDP, according to the Budget Speech 2026-2027 published by the Ministry of Finance. The fiscal year runs from July to June.

The speech estimates the 2025-2026 outturn at revenue of Rs 203.6 billion and spending of Rs 250.1 billion, a deficit of Rs 46.5 billion or 6.0% of GDP. It states that the VAT rate is not being increased.

Official sources: Ministry of Finance: Budget Speech 2026-2027 (PDF)

What is the debt to GDP ratio of Mauritius?

Public sector debt in Mauritius was estimated at Rs 681.9 billion at the end of June 2026, 87.8% of GDP, down from 88.5% in June 2025, according to the Budget Speech 2026-2027. The Ministry of Finance projects 85.5% by June 2027 and below 80% by June 2029.

The ministry publishes quarterly public sector debt statistics, most recently for June 2026. Debt ratios may change as GDP figures are revised to the new 2023 benchmark published by Statistics Mauritius.

Official sources: Ministry of Finance: Budget Speech 2026-2027 (PDF) · Ministry of Finance: Debt Data

What is the budget deficit of Mauritius?

The consolidated general government of Mauritius had a deficit (net borrowing) of Rs 76.1 billion in 2024/2025, 10.6% of GDP, up from Rs 56.2 billion (8.5%) in 2023/2024, according to Statistics Mauritius public finance statistics. Revenue rose 15.7% to Rs 197.2 billion and spending 20.5% to Rs 273.2 billion.

The general government covers central and local government and other public bodies, so the figure differs from the budget deficit in the Ministry of Finance's Budget Speech, which estimated 6.0% of GDP for 2025-2026.

Official sources: Statistics Mauritius: Public Finance Statistics 2024/2025 · Ministry of Finance: Budget Speech 2026-2027 (PDF)

What is Mauritius' government debt?

According to the IMF, general government gross debt in Mauritius was 86.8% of GDP in 2025. Its high point since 2005 was 2020, at 91.9% of GDP; its low point was 2007, at 48.8% of GDP. It is 8th highest of 46 in Sub-Saharan Africa, where the median is 53.0% of GDP. Of 185 countries with 2025 data, 35th highest.

Does Mauritius' government borrow more than it raises?

The IMF puts general government net lending or borrowing in Mauritius at -3.8% of GDP in 2025 (a deficit). Its high point since 2005 was 2017, at -1.6% of GDP; its low point was 2020, at -10.5% of GDP. It is 29th highest of 47 in Sub-Saharan Africa, where the median is -3.0% of GDP. World rank, highest first: 122nd of 188.

What is Mauritius' government revenue?

According to the IMF, general government revenue in Mauritius was 26.9% of GDP in 2025. No year since 2005 has been higher. Across Sub-Saharan Africa the middle value was 18.4% of GDP, and Mauritius placed 7th highest of 47. Worldwide: 94th of 187.

How much does Mauritius' government spend?

The IMF puts general government spending in Mauritius at 30.7% of GDP in 2025. The peak was 32.7% of GDP in 2024 and the low 20.4% of GDP in 2007. It is 9th highest of 46 in Sub-Saharan Africa, where the median is 20.8% of GDP. Of 186 countries with 2025 data, 93rd highest.

What is tax revenue in Mauritius?

The latest figure from the IMF, for 2024, is 20.5% of GDP. Since 2005 it has ranged from 8.6% of GDP (2015) to 20.6% of GDP (2023). It is 5th highest of 16 in Sub-Saharan Africa, where the median is 14.1% of GDP. Worldwide: 35th of 92.

What is Mauritius' military budget as a share of GDP?

SIPRI puts military spending in Mauritius at 0.1% of GDP in 2025. Its high point since 2005 was 2013, at 0.2% of GDP; its low point was 2024, at 0.1% of GDP. Across Sub-Saharan Africa the middle value was 1.3% of GDP, and Mauritius placed 44th highest of 44. Of 149 countries with 2025 data, 145th highest.