← Back to Profiles
Mauritius flag

Mauritius

Republic of Mauritius
East AfricaAUHigh Income
POPULATION
1M
Public Debt / GDP
138.2%
2025
External Debt / GDP
62.2%
2025
Debt Svc / Revenue
33.9%
2025
Debt Svc / Exports
9%
2025
Interest / Revenue
29.4%
2025

Debt Composition & Creditor Analysis

External vs Domestic Debt

External
Debt
45%
Domestic
Debt
55%

By Creditor Type

Multilateral35%
Bilateral25%
Paris Club15%
Eurobond15%
Other Priv.10%

By Instrument Type

Bonds37.9%
Loans43.3%
Other18.7%

Average Lending Terms (External)

%
6%
Interest
11yr
Maturity
2yr
Grace
Active Restructuring

CAP Pillar 2: Debt Management Quality

Data Dissemination
Click for methodology
Debt Strategy (MTDS)
Click for methodology
Borrowing Plan
Click for methodology
Domestic Market Dev.
Click for methodology

Comprehensive Debt Analytics

Explore in-depth macroeconomic vulnerability, fiscal sustainability, and sovereign risk indicators for Mauritius.

Vulnerability Indicator Explorer

Select an indicator to analyze Mauritius's performance against international benchmarks.

138.2%
Current (2025)
+1.9 pp YoY
Above 35% target
Analysis

Mauritius's public debt stands at 138.2% of GDP, exceeding the 35% prudential benchmark. This elevated ratio signals constrained fiscal space and heightened vulnerability to economic shocks. The government may face increasing difficulty financing social programs and infrastructure investment without further borrowing.

The most widely used measure of overall indebtedness relative to economic activity. It reflects the government's solvency capability and long-term fiscal space.

Net Financial Flows

Disbursements (Inflows) vs Principal & Interest Repayments (Outflows).

Net Positive Flows

In 2025, Mauritius received $2.5B in disbursements while repaying $0.9B — a net inflow of $1.6B. The country is receiving more resources than it is repaying, providing additional financing for development.

Profile of Maturing Debts (2025)

Breakdown of short-term (<1 year), medium-term (1-9 years) and long-term (10+ years) debt liabilities.

Short-Term (<1 yr)
$3.1B
13.8% of total
Medium-Term (1-9 yrs)
$6.9B
30.8% of total
Long-Term (10+ yrs)
$12.4B
55.4% of total
Analysis

With only 13.8% of debt maturing within one year, Mauritius maintains a healthy maturity profile. The predominance of medium and long-term instruments ($19.3B) reduces refinancing pressure and provides greater fiscal predictability.