Real GDP growth (non-seasonally adjusted) declined to 6.4% y/y in Q1 2024 from 7.2% y/y in the final quarter of 2023. With growth remaining resilient across most economic sectors and with an upward revision in real GDP growth last year, we have lifted our economic growth forecast for this year to 4.3%. That said, annual growth is projected to slow over the medium term.
Mauritius: A little island will still go a long way amid improved outlook