Mauritania: Economy
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Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Lower Middle Income |
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Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developing |
| Economic Trivia | Mauritania has large iron ore deposits, which make up 40% of exports. |
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Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2021): China, Spain, and United Arab Emirates |
| Top Industries Source: CIA World Factbook | Fish Processing; Oil Production; Mining (Iron Ore, Gold, Copper) |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $30,425,510,565 (2022) |
| GDP Growth Rate (annual %) | 5.2% (2022) |
| GDP Per Capita, PPP (current international) | $6,424 (2022) |
GDP Country Rank 142/197 (2022)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 9.525% (2022) |
| External debt stocks, total (DOD, current US$) | $4,818,826,892 (2021) |
| Total tax rate (% of commercial profits) | 67% (2019) |
| Real Interest Rate (5 year average %) | 15.176% (2017) |
| Manufacturing, value added (% of GDP) | 5.285% (2021) |
| Current Account Balance (BoP, current US$) | ($807,861,993) (2021) |
Labor and Employment [1]
| Labor Force, Total | 1,129,487 (2022) |
| Employment in Agriculture (% of total employment) | 29.49% (2021) |
| Employment in Industry (% of total employment) | 18.859% (2021) |
| Employment in Services (% of total employment) | 51.65% (2021) |
| Unemployment Rate | 11.109% (2022) |
Trade [1]
| Imports of goods and services (current US$) | $8,062,164,200 (2022) |
| Exports of goods and services (current US$) | $4,821,237,125 (2022) |
| Total Merchandise Trade (% of GDP) | 75.148% (2022) |
| FDI, net inflows (BoP, current US$) | $1,147,555,313 (2022) |
| Commercial Service Exports (current US$) | $127,418,418 (2021) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Mauritania’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.