Housing Finance in Mauritius

Overview

This profile is also available in French here.

To download a PDF version of the full 2021 Mauritius  country profile, click here.

The Republic of Mauritius is situated on the southeastern coast of the African continent and consists of three islands: Mauritius, Rodrigues, and Agalega. Port Louis is the capital and is situated on the main island of Mauritius. It is 2 040km2 in extent and had an estimated population of 1 266 030 in 2020, with a 0.002% population growth, and a negative urbanisation rate of -0.01%. The low income, middle income, and working population in Mauritius face challenges in accessing affordable housing units to either purchase or rent, with limited stock being produced to meet the existing demand for housing. The National Housing Development Corporation Ltd. (NHDC) and the National Empowerment Fund (NEF) has 18 000 applicants on their waiting list for social housing.

The Gross Value Added (GVA) of Mauritius contracted by 8.4% in the first quarter of 2021, which is large because of the impact of COVID-19 on the accommodation and food services sectors and transportation and storage sectors. In July 2020, Mauritius was classified as a high-income country, making it one of a few African countries eligible for International Bank for Reconstruction and Development (IBRD) assistance. Mauritius’ Gross National income (GNI) per capita for 2020 was Rs344 622 (US$8 071), indicating a 14.5% decrease from 2019. Inflation at the end of 2020 was 2.5%, increasing three-fold since 2019. Inflation was fuelled by increased imports and the depreciation of the rupee). An investment programme referred to as the COVID-19 Projects Development Fund was set up in April 2020 to address the impact of the global pandemic on the Mauritian economy.

Find out more information on the housing finance sector of Mauritius, 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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