Measurement gap
Global Business output, merchanting, and the production-versus-expenditure GDP gap.
Sourced ledger - Independent compilation of public documents. Last reviewed 2026-09-16.
Sources →Figures
GDP vintages and fiscal stocks
Figures from the press conference, the State of the Economy, the IMF, and Statistics Mauritius. Each figure has a URL.
Reviewed 2026-10-08. Donor projects stay on the registry. Sources: Sources.
Restatement gap
A later official document replaces an earlier printed growth, deficit, or debt ratio. Both vintages are listed.
Cash gap
Revenue, expenditure, net borrowing, and the debt stock.
Published figures
Press conference of 8 October 2026, State of the Economy of December 2024, IMF notes, and the September 2026 rebasing.
| Gap | Indicator | Period | Figure | Source |
|---|---|---|---|---|
| Measurement gap | Nominal GDP, previous series Previous series, as reported from the 30 September 2026 national-accounts estimates. | 2023 | Rs 637 billion | Comptes nationaux : La croissance ralentit à 3 % sur fond de révision majeure du PIB L'Express, reporting Statistics Mauritius, 2026-10-02 |
| Measurement gap | Nominal GDP, rebased series New series. About Rs 58 billion, or 9.1%, above the previous series. | 2023 | Rs 695 billion | Comptes nationaux : La croissance ralentit à 3 % sur fond de révision majeure du PIB L'Express, reporting Statistics Mauritius, 2026-10-02 |
| Measurement gap | 2023 rebasing split L'Express: about Rs 27 billion from the new benchmark and coverage, Rs 11.3 billion from SNA 2025, about Rs 20 billion from GBC merchanting and trading. ION News prints Rs 27 billion, Rs 11 billion, and Rs 20 billion for the same three changes. | 2023 | Rs 27bn + Rs 11.3bn + about Rs 20bn | Comptes nationaux : La croissance ralentit à 3 % sur fond de révision majeure du PIB L'Express, reporting Statistics Mauritius, 2026-10-02 |
| Measurement gap | Nominal GDP, previous series Previous series, as reported from the 30 September 2026 estimates. | 2024 | Rs 693.3 billion | Comptes nationaux : La croissance ralentit à 3 % sur fond de révision majeure du PIB L'Express, reporting Statistics Mauritius, 2026-10-02 |
| Measurement gap | Nominal GDP, rebased series Rebased series. | 2024 | Rs 756.7 billion | Comptes nationaux : La croissance ralentit à 3 % sur fond de révision majeure du PIB L'Express, reporting Statistics Mauritius, 2026-10-02 |
| Measurement gap | Nominal GDP, previous series Previous series, as reported. | 2025 | Rs 743 billion | Comptes nationaux : La croissance ralentit à 3 % sur fond de révision majeure du PIB L'Express, reporting Statistics Mauritius, 2026-10-02 |
| Measurement gap | Nominal GDP, rebased series Rebased series, as reported. | 2025 | Rs 810.3 billion | Comptes nationaux : La croissance ralentit à 3 % sur fond de révision majeure du PIB L'Express, reporting Statistics Mauritius, 2026-10-02 |
| Measurement gap | IMF concern on the December 2024 release Paragraph 10: concern about the drivers of GBC output and the statistical discrepancies in the December 2024 release. Paragraph 13: miscalculation of GBC output, survey errors, misclassified costs, and the estimation method. | Mission 24–28 March 2025 | Paragraphs 10 and 13 | Mauritius: Technical Assistance Report — National Accounts and Balance of Payments Mission (March 24–28, 2025) International Monetary Fund, 2025-10-10 |
| Restatement gap | Real GDP growth State of the Economy, reported by Reuters on 10 December 2024. | 2023 | 5.6%, not 7.0% | Mauritius prime minister: previous government misstated GDP and public debt Reuters, reporting the State of the Economy, 2024-12-10 |
| Restatement gap | Budget deficit State of the Economy, as reported by Reuters. | 2023/24 | 5.7% of GDP, not 3.9% | Mauritius prime minister: previous government misstated GDP and public debt Reuters, reporting the State of the Economy, 2024-12-10 |
| Restatement gap | Public sector debt State of the Economy, reported by Reuters. Printed as a ratio. | June 2024 | Above 83% of GDP, not over 77% | Mauritius prime minister: previous government misstated GDP and public debt Reuters, reporting the State of the Economy, 2024-12-10 |
| Restatement gap | Nominal GDP restatement L'Express on the State of the Economy: 2023 nominal GDP reduced by at least Rs 22 billion (1.4%). The 2024 nominal estimate reduced by more than Rs 36 billion. | 2023 and 2024 | At least Rs 22 billion, and more than Rs 36 billion | «The State of the Economy» | Navin Ramgoolam : «L’ancien régime a légué une économie désastreuse» L'Express, reporting the State of the Economy, 2024-12-11 |
| Cash gap | General government revenue Up from Rs 170.4 billion. Revenue-to-GDP reported at 27.5%, from 25.6%. | July 2024 – June 2025 | Rs 197.2 billion | Public Finance Statistics: Consolidated General Government, July 2024 – June 2025 Maurice Info, reporting Statistics Mauritius / Ministry of Finance, 2026-10-01 |
| Cash gap | General government expenditure Up 20.5% from Rs 226.7 billion in 2023/24. | July 2024 – June 2025 | Rs 273.2 billion | Public Finance Statistics: Consolidated General Government, July 2024 – June 2025 Maurice Info, reporting Statistics Mauritius / Ministry of Finance, 2026-10-01 |
| Cash gap | Net lending / net borrowing Deficit, from Rs 56.2 billion. 10.6% of GDP, from 8.5%. | July 2024 – June 2025 | Rs 76.1 billion | Public Finance Statistics: Consolidated General Government, July 2024 – June 2025 Maurice Info, reporting Statistics Mauritius / Ministry of Finance, 2026-10-01 |
| Cash gap | General government debt stock Up 16.0% from Rs 491.9 billion at end 2023/24. | End June 2025 | Rs 570.5 billion | Public Finance Statistics: Consolidated General Government, July 2024 – June 2025 Maurice Info, reporting Statistics Mauritius / Ministry of Finance, 2026-10-01 |
| Cash gap | Public sector debt ratio 2025 Article IV press release. | End June 2025 | Around 88% of GDP | IMF Executive Board Concludes 2025 Article IV Consultation with Mauritius International Monetary Fund, 2025-06-18 |
| Cash gap | Public debt ratio 2026 Article IV. Same date as the June 2025 press release, different printed ratio. | End June 2025 | 86% of GDP | Mauritius: 2026 Article IV Consultation — Press Release; Staff Report; Staff Supplement; and Statement International Monetary Fund, 2026-07-15 |
| Press-conference claim | Nominal GDP MSM press conference, 8 October 2026, as reported by Le Défi. | 2022 | Rs 623 billion | « Trou » de Rs 164,9 milliards : Pravind Jugnauth se demande si les caisses de l’État sont réellement vides Le Défi Media Group, 2026-10-08 |
| Press-conference claim | Nominal GDP, earlier vintage cited Earlier vintage named at the same press conference. | 2023 | Rs 641 billion | « Trou » de Rs 164,9 milliards : Pravind Jugnauth se demande si les caisses de l’État sont réellement vides Le Défi Media Group, 2026-10-08 |
| Press-conference claim | Nominal GDP, later vintage cited Later vintage named at the same press conference. Same level as the rebased Statistics Mauritius series. | 2023 | Rs 695 billion | « Trou » de Rs 164,9 milliards : Pravind Jugnauth se demande si les caisses de l’État sont réellement vides Le Défi Media Group, 2026-10-08 |
| Press-conference claim | Nominal GDP, earlier vintage cited Earlier vintage named at the press conference. L'Express prints Rs 693.3 billion for the previous 2024 series. | 2024 | Rs 698 billion | « Trou » de Rs 164,9 milliards : Pravind Jugnauth se demande si les caisses de l’État sont réellement vides Le Défi Media Group, 2026-10-08 |
| Press-conference claim | Nominal GDP, later vintage cited Later vintage named at the press conference. L'Express prints Rs 756.7 billion for the rebased 2024 series. | 2024 | Rs 756 billion | « Trou » de Rs 164,9 milliards : Pravind Jugnauth se demande si les caisses de l’État sont réellement vides Le Défi Media Group, 2026-10-08 |
| Press-conference claim | Claimed hole in the coffers Named at the press conference. The article prints the total and not the addition. The two revisions it states sum to about Rs 112 billion. | Not printed | Rs 164.9 billion | « Trou » de Rs 164,9 milliards : Pravind Jugnauth se demande si les caisses de l’État sont réellement vides Le Défi Media Group, 2026-10-08 |
The Rs 58 billion split is also printed by Nouvelle base de calcul : le PIB de 2023 gonfle de Rs 58 milliards.
Debt stock over each GDP series
Rs 570.5 billion over each published 2024 GDP series. Rs 6.7 billion climate tag over the same series.
Debt stock, end June 2025: Rs 570.5 billion
- 2024 GDP, previous series (Rs 693.3 billion)82.3%
- 2024 GDP, rebased series (Rs 756.7 billion)75.4%
End-June 2025 debt stock over calendar 2024 GDP.
Climate-tagged budget, FY 2025/26: Rs 6.7 billion
- 2024 GDP, previous series (Rs 693.3 billion)1.0%
- 2024 GDP, rebased series (Rs 756.7 billion)0.9%
Appendix H prints this tag as about 2.8% of appropriated expenditure. The UNDRR pilot prints 5.2% of GDP on a wider definition.
Debt, as each document prints it
Ratio in the IMF and State of the Economy releases. Rupee stock in the public-finance statistics. Moody's: Not published.
Reuters, reporting the State of the Economy
Above 83% of GDP, not over 77%
Public sector debt
State of the Economy, reported by Reuters. Printed as a ratio.
Mauritius prime minister: previous government misstated GDP and public debt →International Monetary Fund
Around 88% of GDP
Public sector debt ratio
2025 Article IV press release.
IMF Executive Board Concludes 2025 Article IV Consultation with Mauritius →International Monetary Fund
86% of GDP
Public debt ratio
2026 Article IV. Same date as the June 2025 press release, different printed ratio.
Mauritius: 2026 Article IV Consultation — Press Release; Staff Report; Staff Supplement; and Statement →Maurice Info, reporting Statistics Mauritius / Ministry of Finance
Rs 570.5 billion
General government debt stock
Up 16.0% from Rs 491.9 billion at end 2023/24.
Public Finance Statistics: Consolidated General Government, July 2024 – June 2025 →Le Défi Media Group
Not published
Moody's assessment
Named at the 8 October 2026 press conference. No Moody's figure is printed in that report.
« Trou » de Rs 164,9 milliards : Pravind Jugnauth se demande si les caisses de l’État sont réellement vides →Lines named at the press conference
Amount as printed in the 8 October 2026 report. Other lines: Not published.
| Line | Copied | Note |
|---|---|---|
| Fuel price | Not published | Named as a rise at the 8 October 2026 press conference. Press report |
| Electricity price | Not published | Named as a rise at the 8 October 2026 press conference. Press report |
| Bread price | Not published | Named as a rise at the 8 October 2026 press conference. Press report |
| Cooking gas price | Not published | Named as a rise at the 8 October 2026 press conference. Press report |
| Pre-primary subsidy | Not published | Named as removed at the 8 October 2026 press conference. Press report |
| Tertiary subsidy | Not published | Named as removed at the 8 October 2026 press conference. Press report |
| 14th-month threshold | Rs 50,000 | Threshold named at the 8 October 2026 press conference. Press report |
| PRB application | Not published | Press conference: applied in 2026, no retroactive payment, against a January 2025 commitment. Press report |
| Retirement, widow, and invalidity transfers | Not published | Named as reduced at the 8 October 2026 press conference. Press report |
Water localities named
Named in the 8 October 2026 report of protests over potable water. Site-level spend: Not published.
- Phoenix
- Saint-Paul
- Allée Brillant
- Highlands
Global Business in the accounts
Global Business Corporations are in the national accounts and the balance of payments. The March 2025 IMF mission reviewed survey coverage and the method for GBC output and investment income with Statistics Mauritius and the Bank of Mauritius. Merchanting entered the 30 September 2026 estimates after that work.
The press conference names a hole of Rs 164.9 billion. The addition is Not published.