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Balance of Payments (BoP) Developments: Preliminary estimates for 4th Quarter 2015 (2015Q4) and Calendar Year 2015

Preliminary data on Mauritius’ balance of payments for 2015Q4 point to a lower current account deficit, both in absolute terms and as a ratio to GDP, compared to 2014Q4. The improvement in the current account would reflect a lower trade deficit and a higher surplus on the services account. The current account deficit is estimated at Rs2,214 million compared to Rs3,275 million for 2014Q4. As a percentage of GDP, the current account deficit is estimated at about 2.0 per cent in 2015Q4 compared to 3.1 per cent in 2014Q4.