Compare Mauritius (2008) - Mauritius (2007)

Compare Mauritius (2008) z Mauritius (2007)

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	Mauritius (2008)	Mauritius (2007)

Background	Although known to Arab and Malay sailors as early as the 10th century, Mauritius was first explored by the Portuguese in 1505; it was subsequently held by the Dutch, French, and British before independence was attained in 1968. A stable democracy with regular free elections and a positive human rights record, the country has attracted considerable foreign investment and has earned one of Africa's highest per capita incomes. Recent poor weather, declining sugar prices, and declining textile and apparel production, have slowed economic growth, leading to some protests over standards of living in the Creole community.	Although known to Arab and Malay sailors as early as the 10th century, Mauritius was first explored by the Portuguese in 1505; it was subsequently held by the Dutch, French, and British before independence was attained in 1968. A stable democracy with regular free elections and a positive human rights record, the country has attracted considerable foreign investment and has earned one of Africa's highest per capita incomes. Recent poor weather and declining sugar prices have slowed economic growth, leading to some protests over standards of living in the Creole community.
Budget	revenues: $1.34 billion expenditures: $1.642 billion; including capital expenditures of $NA (2007 est.)	revenues: $1.236 billion expenditures: $1.562 billion; including capital expenditures of $NA (2006 est.)
Debt - external	$2.583 billion (31 December 2007 est.)	$2.419 billion (2006 est.)
Diplomatic representation from the US	chief of mission: Ambassador Cesar CABRERA embassy: 4th Floor, Rogers House, John Kennedy Street, Port Louis mailing address: international mail: P. O. Box 544, Port Louis; US mail: American Embassy, Port Louis, US Department of State, Washington, DC 20521-2450 telephone: [230] 202-4400 FAX: [230] 208-9534	chief of mission: Ambassador John PRICE embassy: 4th Floor, Rogers House, John Kennedy Street, Port Louis mailing address: international mail: P. O. Box 544, Port Louis; US mail: American Embassy, Port Louis, US Department of State, Washington, DC 20521-2450 telephone: [230] 202-4400 FAX: [230] 208-9534
Economy - overview	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 in the order of 5% to 6%. This remarkable achievement has been reflected in more equitable income distribution, increased life expectancy, lowered infant mortality, and a much-improved infrastructure. The economy rests on sugar, tourism, textiles and apparel, and financial services, and is expanding into fish processing, information and communications technology, and hospitality and property development. Sugarcane is grown on about 90% of the cultivated land area and accounts for 15% of export earnings. The government's development strategy centers on creating vertical and horizontal clusters of development in these sectors. Mauritius has attracted more than 32,000 offshore entities, many aimed at commerce in India, South Africa, and China. Investment in the banking sector alone has reached over $1 billion. Mauritius, with its strong textile sector, has been well poised to take advantage of the Africa Growth and Opportunity Act (AGOA).	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 in the order of 5% to 6%. This remarkable achievement has been reflected in more equitable income distribution, increased life expectancy, lowered infant mortality, and a much-improved infrastructure. Sugarcane is grown on about 90% of the cultivated land area and accounts for 25% of export earnings. The government's development strategy centers on expanding local financial institutions and building a domestic information telecommunications industry. Mauritius has attracted more than 9,000 offshore entities, many aimed at commerce in India and South Africa, and investment in the banking sector alone has reached over $1 billion. Mauritius, with its strong textile sector, has been well poised to take advantage of the Africa Growth and Opportunity Act (AGOA).
Exchange rates	Mauritian rupees per US dollar - 31.798 (2007), 31.656 (2006), 29.496 (2005), 27.499 (2004), 27.902 (2003)	Mauritian rupees per US dollar - 31.656 (2006), 29.496 (2005), 27.499 (2004), 27.902 (2003), 29.962 (2002)
Exports	0 bbl/day (2004)	NA bbl/day
Exports - commodities	clothing and textiles, sugar, cut flowers, molasses, fish	clothing and textiles, sugar, cut flowers, molasses
GDP - composition by sector	agriculture: 4.8% industry: 25% services: 70.1% (2007 est.)	agriculture: 5.2% industry: 25.2% services: 69.6% (2006 est.)
GDP - real growth rate	5.5% (2007 est.)	5% (2006 est.)
Imports	21,380 bbl/day (2004)	NA bbl/day
Industrial production growth rate	4.7% (2007 est.)	8% (2000 est.)
Inflation rate (consumer prices)	9.1% (2007 est.)	8.9% (2006 est.)
Labor force	550,000 (2007 est.)	541,000 (2006 est.)
Maritime claims	measured from claimed archipelagic straight baselines territorial sea: 12 nm exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin	territorial sea: 12 nm exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin
Political parties and leaders	Alliance Sociale or AS [Navinchandra RAMGOOLAM] (governing coalition - includes MLD, MMSM, MR, MSD, PMXD); Mauritian Labor Party or MLP [Navinchandra RAMGOOLAM]; Mauritian Militant Movement or MMM [Paul BERENGER]; Mauritian Socialist Militant Movement or MMSM [Madan DOLLOO]; Militant Socialist Movement or MSM [Nando BODHA]; Mouvement Republicain or MR [Jayarama VALAYDEN]; Parti Mauricien Xavier Duval or PMXD [Xavier Luc DUVAL]; Rodrigues Movement or MR [Joseph (Nicholas) Von MALLY]; Rodrigues Peoples Organization or OPR [Serge CLAIR]	Alliance Sociale or AS; Hizbullah [Cehl Mohamed FAKEEMEEAH]; Mauritian Labor Party or MLP [Navinchandra RAMGOOLAM]; Mauritian Militant Movement or MMM [Paul BERENGER] (in coalition with MSM); Mauritian Social Democrat Party or PMSD [Charles Xavier-Luc DUVAL]; Militant Socialist Movement or MSM (the governing party) [Pravind JUGNAUTH]; Rodrigues Movement or MR [Joseph (Nicholas) Von MALLY]; Rodrigues Peoples Organization or OPR [Serge CLAIR]
Telephone system	general assessment: small system with good service domestic: monopoly over fixed-line services terminated in 2005; fixed-line teledensity roughly 30 per 100 persons; mobile-cellular services launched in 1989 with teledensity in 2006 exceeding 60 per 100 persons international: country code - 230; landing point for the SAFE submarine cable that provides links to Asia and South Africa where it connects to the SAT-3/WASC submarine cable that provides further links to parts of East Africa, and Europe; satellite earth station - 1 Intelsat (Indian Ocean); new microwave link to Reunion; HF radiotelephone links to several countries	general assessment: small system with good service domestic: primarily microwave radio relay trunk system international: country code - 230; satellite earth station - 1 Intelsat (Indian Ocean); new microwave link to Reunion; HF radiotelephone links to several countries; fiber optic submarine cable (SAT-3/WASC/SAFE) provides connectivity to Europe and Asia
Unemployment rate	9.2% (2007 est.)	9.4% (2006 est.)

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