Interest payments in Mauritius
Mauritius: Interest payments was 8.4% in 2023. ▼ Falling
Interest payments in Mauritius, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Mauritius recorded 8.4% for interest payments in 2023.
That represents a change of up 21.9% on the previous year and up 7.9% over ten years.
Over the whole period, interest payments in Mauritius peaked at 23.4% in 1985 and was at its lowest, 4.7%, in 1975.
Mauritius ranks 65th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Interest payments in Mauritius, year by year
| Year | % of expense | Change |
|---|---|---|
| 1973 | 11.1% | — |
| 1974 | 5.8% | -47.5% |
| 1975 | 4.7% | -18.9% |
| 1976 | 4.9% | +4.4% |
| 1977 | 5.6% | +14.6% |
| 1978 | 7.6% | +34.1% |
| 1979 | 9.5% | +25.1% |
| 1980 | 15.3% | +61.9% |
| 1981 | 17.6% | +15.1% |
| 1982 | 21.1% | +19.8% |
| 1983 | 21.8% | +3.1% |
| 1984 | 22.5% | +3.6% |
| 1985 | 23.4% | +3.7% |
| 1986 | 23.2% | -0.7% |
| 1987 | 20.3% | -12.8% |
| 1988 | 15.5% | -23.3% |
| 1989 | 13.6% | -12.4% |
| 1990 | 17.9% | +31.4% |
| 1991 | 18.7% | +4.7% |
| 1992 | 15.4% | -17.6% |
| 1993 | 11.7% | -24.1% |
| 1994 | 11.0% | -5.7% |
| 1995 | 12.5% | +13.1% |
| 1996 | 13.1% | +5.1% |
| 1997 | 13.2% | +0.4% |
| 1998 | 13.9% | +5.4% |
| 1999 | 12.6% | -9.3% |
| 2000 | 12.3% | -2.7% |
| 2001 | 12.8% | +4.4% |
| 2002 | 12.2% | -4.7% |
| 2003 | 13.9% | +14.2% |
| 2004 | 13.9% | +0.1% |
| 2005 | 12.1% | -13.2% |
| 2006 | 11.8% | -2.6% |
| 2007 | 14.6% | +23.9% |
| 2008 | 15.5% | +6.5% |
| 2009 | 13.2% | -15.1% |
| 2010 | 11.0% | -16.9% |
| 2011 | 9.5% | -13.8% |
| 2012 | 9.3% | -2.0% |
| 2013 | 7.8% | -15.8% |
| 2014 | 7.8% | +0.0% |
| 2015 | 10.2% | +30.3% |
| 2016 | 9.8% | -3.5% |
| 2017 | 7.5% | -23.4% |
| 2018 | 7.3% | -3.2% |
| 2019 | 8.0% | +9.5% |
| 2020 | 7.2% | -9.7% |
| 2021 | 6.3% | -12.0% |
| 2022 | 6.9% | +9.0% |
| 2023 | 8.4% | +21.9% |
Mauritius compared with similar countries
- Mauritius's 8.4% is below the median for upper middle income countries, which is 8.8%, 96% of the median. (47 countries reporting)
- Mauritius's 8.4% is below the median for Sub-Saharan Africa, which is 11.3%, 74% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.0% | 4.7% | 11.1% | 7 |
| 1980s | 19.4% | 13.6% | 23.4% | 10 |
| 1990s | 14.0% | 11.0% | 18.7% | 10 |
| 2000s | 13.2% | 11.8% | 15.5% | 10 |
| 2010s | 8.8% | 7.3% | 11.0% | 10 |
| 2020s | 7.2% | 6.3% | 8.4% | 4 |
Countries ranked near Mauritius
More public sector data for Mauritius
- Democracy, annual growth rate 16.67 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Mauritius?
- Interest payments in Mauritius was 8.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Mauritius?
- The highest recorded value was 23.4% in 1985.
- What is the lowest interest payments recorded in Mauritius?
- The lowest recorded value was 4.7% in 1975.
- How does Mauritius rank for interest payments?
- Mauritius ranks 65th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Mauritius?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is falling.
- Where does this Mauritius data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.