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[1] (202) 966-0983 Diplomatic representation from the US: chief of mission: Ambassador Cesar CABRERA embassy: 4th Floor, Rogers House, John Kennedy Street, Port Louis mailing address: international mail: P. O. Box 544, Port Louis; US mail: American Embassy, Port Louis, US Department of State, Washington, DC 20521-2450 telephone: [230] 202-4400 FAX: [230] 208-9534 Flag description: four equal horizontal bands of red (top), blue, yellow, and green Economy Mauritius Economy - overview: Since independence in 1968, Mauritius has developed from a low-income, agriculturally based economy to a middle-income diversified economy with growing industrial, financial, and tourist sectors. For most of the period, annual growth has been in the order of 5% to 6%. This remarkable achievement has been reflected in more equitable income distribution, increased life expectancy, lowered infant mortality, and a much-improved infrastructure. The economy rests on sugar, tourism, textiles and apparel, and financial services, and is expanding into fish processing, information and communications technology, and hospitality and property development. Sugarcane is grown on about 90% of the cultivated land area and accounts for 15% of export earnings. The government's development strategy centers on creating vertical and horizontal clusters of development in these sectors. Mauritius has attracted more than 32,000 offshore entities, many aimed at commerce in India, South Africa, and China. Investment in the banking sector alone has reached over $1 billion. Mauritius, with its strong textile sector, has been well poised to take advantage of the Africa Growth and Opportunity Act (AGOA). GDP (purchasing power parity): $14.27 billion (2007 est.) GDP (official exchange rate): $6.959 billion (2007 est.) GDP - real growth rate: 5.4% (2007 est.) GDP - per capita (PPP): $11,300 (2007 est.) GDP - composition by sector: agriculture: 4.8% industry: 25% services: 70.1% (2007 est.) Labor force: 574,000 (2007 est.) Labor force - by occupation: agriculture and fishing 9%, construction and industry 30%, transportation and communication 7%, trade, restaurants, hotels 22%, finance 6%, other services 25% (2007) Unemployment rate: 8.8% (2007 est.) Population below poverty line: 8% (2006 est.) Household income or consumption by percentage share: lowest 10%: NA% highest 10
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