Mauritius has, over the years, strengthened its leadership position in Africa on a number of indices.
On the Democracy Index 2024 (published by The Economist Intelligence Unit), Mauritius maintains its “Full Democracy” status, ranking 1st in Africa and 20th worldwide with a score of 8.23. Mauritius is the only African country to be classified as a “Full Democracy”, featuring in the same league as G20 member countries Australia, Canada, Germany, Japan, and the United Kingdom. The EIU’s Democracy Index 2024 report is available here.
Mauritius also ranks 13th globally in the World Bank’s Ease of Doing Business Report 2020, consolidating its position as the best place for doing business on the African continent (ranking 1st). Click here for more information about World Bank’s Ease of Doing Business Report.
In terms of good corporate governance, the country ranks 2nd in Africa on Mo Ibrahim’s Governance Index for 2023, with an overall score of 72.8. Click here to access the 2024 Ibrahim Index of African Governance.
On the 2024 Social Progress Index, Mauritius ranks 53rd worldwide, and 1st in Africa, with a score of 72.45. Click here to for more information about the 2024 Social Progress Index.
On the 2024 Global Peace Index, Mauritius ranks 22nd worldwide, and 1st in Africa, with a score of 1.577 (“High” State of Peace). Click here for more information about the 2024 Global Peace Index.
Mauritius International Financial Centre in figures
- Population – 1.3 million
- Languages – English, French, Creole, and Asian languages
- Exclusive Economic Zone – 2.3 million km2
- GNI per capita: USD 12,050 (2020)
- Real GDP Growth Rate – 3.2% (2019)
- Foreign Direct Investments – USD 472 million (2019)
- Value of trade between Mauritius and African countries – USD 994 million
Since gaining its independence in 1968, Mauritius went through a remarkable transformation. Previously active in the monoculture of sugarcane, today it prides itself in having a strong and diversified economy. Success and development have paved their way thanks to some key fundamentals, which are the economic democratization, inclusive growth, development of human capital and social mobility. The island nation has become an International Financial Centre of repute and substance.
The island nation is also a member part of international organisations, namely the African Union, the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA).
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