Housing Finance in Mauritania


This profile is also available in French here.

To download a pdf version of the full 2021 Mauritania country profile, click here.

Mauritania’s estimated population was 4 649 660 in 2020, with a population density of 4.5 people per km2. The urban population increased from 9.1% in 1965 to 55.3% in 2020, corresponding to a total of 2 572 517 inhabitants. Urban growth is most pronounced in urban centres such as Nouakchott, Nouadhibou, and Zouérat. These areas are home to almost one-third of Mauritania’s population. Although the Mauritanian authorities have supervised the planning and urban rehabilitation of informal housing and slums since 2010, there is still significant pressure on available infrastructure and services. This leads to various social, economic, and environmental problems, including problems of housing quality and affordability in these urban areas.

The lockdown and social distancing measures implemented in response to COVID-19 have slowed the economic activity of Mauritania. In 2020, the country’s GDP declined by 1.9%. The inflation rate rose to 2.9% along with the annual construction cost index (CCI) which increased by 12.8% in 2020. The CCI increase is mainly the result of the increase in the cost of basic construction materials (19.6%) and labor (11.4%).

The economic recession could become more severe if the pandemic continues. The Mauritanian authorities have, however, reacted quickly and taken strong measures to contain the pandemic at the local level and mitigate its impact on the country’s economy. In March 2020, the Central Bank of Mauritania (BCM) reduced the repo rate from 6.5% to 5%.

Find out more information on the housing finance sector of Mauritania, including key stakeholders, important policies and housing affordability:

Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2021 edition, which has up-to-date profiles for 55 African countries.

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