1996

Report by the WTO Secretariat

Since its second Trade Policy Review (TPR) in 2011, Mauritania has experienced five years of steady economic growth at 5-6% per year, driven by the high world prices for its main export products (chiefly iron ore) and massive public investment in the new airport, the extension of the port of Nouakchott, and road infrastructure. Average per capita income continued its steep rise, reaching close to US$1,500 in 2014. However, unequal distribution of the country’s wealth has meant that there has been no significant impact on the overall level of poverty among its population of 4.3 million. According to the United Nations, Mauritania remains a least developed country with low human development indices.

Related Topics: Trade monitoring
Countries: Mauritania
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