The World Bank Group has just published the eighth edition of the 2025 Economic Update Report for Mauritania. The report highlights the efforts made by the Mauritanian government to maintain macroeconomic stability and strengthen social safety nets, despite a moderate slowdown in economic growth in 2024.
Lilia Habboul
Mauritania's economic growth reached 5.2% in 2024, compared to 6.4% in 2023. This deceleration is mainly due to a decline in extractive production and weaker public consumption. Nevertheless, the country's economic performance remains above the regional average.
In a global context marked by uncertainty, Mauritania has benefited from a decline in inflation, supported by a tighter monetary policy and falling international prices for food and energy. Ongoing efforts to consolidate public finances have further reduced the budget deficit, thanks to prudent fiscal management.
"Mauritania should maintain the momentum of macroeconomic and structural reforms that will help diversify its economy and create productive jobs while protecting the most vulnerable from economic and climate shocks,” said Thierry Yogo, Senior Economist at the World Bank Group for Mauritania.
Medium-term economic prospects remain favorable, with average growth projected at 4.9%. However, the report warns of persistent risks linked to the volatility of commodity prices and climate shocks. To maintain macroeconomic stability and promote more inclusive growth, the report stresses the need to diversify the economy, invest mining revenues in productive non-extractive sectors, and pursue sound fiscal and monetary policies.