FinObservatory

MUS · Sub-Saharan Africa · Upper middle income · IBRD

Mauritius

Republic of Mauritius owed $20.36B to nonresidents in 2024, the 47th largest stock among the 120 economies that report to the Debtor Reporting System. Its first external-debt stock in IDS is 1970.

$20.36B
External debt stock
2024, 47th of 120 reporters
123%
External debt, % of GNI
2024
8.5%
Debt service, % of exports
2024
$16K
External debt per capita
2024

Who Mauritius owes

Public and publicly guaranteed debt by creditor class, percent of PPG, 19702024. In 2024 PPG stood at $3.40B: 31.4% owed to private creditors, 30.5% to multilateral lenders, and 38.1% to bilateral and other official creditors as a residual.

Private creditorsBilateral and other official (residual)Multilateral
0%25%50%75%100%1970198019902000201020202024MultilateralBilateral+Private

Source: World Bank International Debt Statistics, Debtor Reporting System (reported by the borrowing government). Selection: DT.DOD.DPPG.CD, DT.DOD.PRVT.CD and DT.DOD.MLAT.ZS for MUS. Bilateral and other official is the residual: PPG minus private minus multilateral. Methodology

On what terms

The composition above says who lent. These say on what terms, and against what the debt is measured. Blank means IDS carries no value for Mauritius in 2024.

Concessional debt, % of total external debt
loans with an original grant element of 35% or more
2.7%
Short-term debt, % of total external debt
original maturity of one year or less, any borrower
54.8%
Total reserves, % of total external debt
the buffer against the stock
42%
External debt, % of exports
goods, services and primary income
104%
Debt service paid
principal and interest actually paid in 2024
$1.66B
Of which interest
interest payments on all external debt
$602.3M
Private nonguaranteed debt
borrowed by companies and banks, no state guarantee
$5.51B

Source: World Bank International Debt Statistics, Debtor Reporting System (reported by the borrowing government). Selection: DT.DOD.ALLC.ZS, DT.DOD.DSTC.ZS, FI.RES.TOTL.DT.ZS, DT.DOD.DECT.EX.ZS, DT.TDS.DECT.CD, DT.INT.DECT.CD, DT.DOD.DPNG.CD for MUS in 2024. Methodology

What Mauritius pays, and what it is contracted to pay

Mauritius paid $1.66B in external debt service in 2024. It is contracted to pay $2.70B in 2025 and $9.60B in total over 20252032 on debt it has already contracted. Those years are a repayment schedule, not a forecast of what Mauritius will pay: borrowing it has not yet done cannot be in them.

Total debt serviceOf which public and publicly guaranteedScheduled on debt already contracted, not a forecast
SCHEDULEDUSD bn024681970198019902000201020202032

Source: World Bank International Debt Statistics, Debtor Reporting System (reported by the borrowing government). Selection: DT.TDS.DECT.CD (total debt service) and DT.TDS.DPPG.CD (PPG debt service) for MUS, all years present in the file. Actual through 2024, which is the last year of the debt-stock series; everything after it is the contracted repayment schedule. Methodology

The stock, 19702024

Total external debt in current US dollars, so the path mixes new borrowing with the falling value of the dollar over 54 years. IDS carries no constant-price series, so this is not deflated. $31.7M in 1970, $20.36B in 2024.

19702024

Source: World Bank International Debt Statistics, Debtor Reporting System (reported by the borrowing government). Selection: DT.DOD.DECT.CD for MUS, every year with a value, current US dollars. Methodology

What IDS does not carry for Mauritius

1 of the 24 IDS indicators carries no value for Mauritius in 2024: Debt forgiveness grants (current US$). A blank has three possible causes and IDS distinguishes none of them: the country did not report the series, the series does not apply to it (an IBRD stock for a country with no IBRD loan), or the series has ended for every country. So neither does this page.

Every IDS series here is what Mauritius reported to the World Bank. The bilateral leg of the creditor chart is the exception: this page derives it as a residual, and it absorbs whatever went unreported. Debt Mauritius did not report is not here.

All 120 reporting economies · Methodology