Wage Rate Index – Fourth Quarter and Year 2024
Highlights
(Base: fourth quarter 2021=100)
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1. The Wage Rate Index increased by 0.3% or 0.4 point to reach 129.9 in fourth quarter 2024 from 129.5 in third quarter 2024. Compared to fourth quarter 2023, the index increased by 14.7% or 16.6 points.
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2
Main changes registered in the sub-indices from third quarter 2024 to fourth quarter 2024 are:
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Administrative and support service activities
+3.2%
Accommodation and food service activities
+3.0%
Manufacturing
+1.5%
Transportation and storage
+1.2%
Agriculture, forestry and fishing
-5.3%
Public administration and defence; compulsory social security
-1.2%
3. The Wage Rate Index for the General Government sector, which accounts for around 34% of the total weight of the wage rate index, decreased by 0.8% or 1.0 point from 117.9 in third quarter 2024 to 116.9 in fourth quarter 2024. Compared to fourth quarter 2023, an increase of 9.7% or 10.3 points is noted.
4. The index for the public sector, which comprises General Government and public enterprises and accounting for around 46% of the total weight of the Wage Rate Index, decreased by 0.3% or 0.3 point from 119.7 in third quarter 2024 to 119.4 in fourth quarter 2024. Compared to fourth quarter 2023, the index increased by 9.4% or 10.3 points.
5. The index for the private sector, which accounts for around 54% of the total weight of the Wage Rate Index, increased by 1.0% or 1.3 points from 136.5 in third quarter 2024 to 137.8 in fourth quarter 2024. Compared to fourth quarter 2023, it increased by 17.5% or 20.5 points.
Wage Rate Index – Year 2024
6. The Wage Rate Index for year 2024, worked out as the average of the quarterly indices, increased by 13.3% or 14.9 points to reach 126.7 in 2024 from 111.8 in 2023.
7. The index for the General Government sector increased by 8.7% or 9.3 points to reach 116.4 in 2024 from 107.1 in 2023 while that of the public sector increased by 8.8% or 9.6 points, from 108.8 in 2023 to 118.4 in 2024.
8. The index for the private sector for year 2024, worked out to 133.0 compared to 114.7 for year 2023, representing an increase of 16.0% or 18.3 points. -
Statistics Mauritius
Ministry of Finance, Economic Planning and Development
27 March 2025
