National Accounts Estimates, September 2026 issue
Highlights
1. Revision of National Accounts
The September issue of Economic and Social Indicators presents the revised National Accounts estimates for the period 2023 to 2026 based on the new benchmark year 2023.
The main revision exercise consisted of benchmarking National Accounts estimates from year 2018 to 2023, following data obtained from the Census of Economic Activities (CEA) conducted in 2023. The estimates in this issue are therefore not strictly comparable with figures published in previous National Accounts publications, which were based on the previous round of CEA conducted in 2018. Furthermore, the revision exercise brought other improvements in the estimation process and coverage of economic activities in addition to enhancements in the compilation of GBC estimates and the incorporation of the recommendations of the latest 2025 System of National Accounts (SNA) in a phased manner. Henceforth, all National Accounts data will be reported on the basis of the new revised series.
(i) Until recently, GDP has been estimated using benchmark year 2018. However, as more or better data become available, updated benchmarks are required to ensure that the measurement of the GDP remains reflective of the economy as recommended by international best practices.
(ii) Statistics Mauritius embarked on a three‐step project for the revision of national accounts estimates by carrying out an economic census to collect detailed data for 2023, constructing Supply and Use Tables (SUT) based on various different sources for benchmarking GDP estimates to 2023 and using the benchmark results for revising the GDP series to reference year 2023.
(iii) Improvements brought in this benchmarking exercise comprise: incorporation of the recommendations of the latest 2025 System of National Accounts (SNA) in a phased manner, the inclusion of recommendations from technical assistance missions received by SM and information received on the total economy from the supply and use framework for year 2023.
(iv) The introduction of new national accounts benchmarks resulted in a revision to previously published national accounts statistics. The level of GDP has been revised upwards throughout the period 2023 to 2025 with resulting changes in the GDP growth rates.
2. Year 2026 (Forecast)
Gross Domestic Product
(i) GDP at market prices is forecasted to grow by 3.0% in 2026 after a growth of 3.5% in 2025 while the GVA at basic prices would grow by 3.1%.
(ii) Main contributors to the 3.1% growth in GVA would be: “Financial and insurance activities" (0.5 percentage point), “Wholesale & retail trade; repair of motor vehicles and motorcycles" (0.4 percentage point), “Transportation and storage" (0.3 percentage point) and “Accommodation and food service activities" and “Agriculture, forestry and fishing" each contributing 0.2 percentage point.
