Here is your first Forum » Finance of Mauritania

The monthly minimum wage in Mauritania is USD 84. Concerning consumer prices, the inflation rate in Mauritania is 4.6%. The currency of Mauritania is the Mauritanian Ouguiya. The plural form of the word Mauritanian ouguiya is ouguiyas. The symbol used for this currency is UM and is abbreviated as MRU. Mauritanian ouguiya is divided into khoums; There are 5 in an Ouguiya. Every year, consumers spend around $2,364 million. The ratio of consumer spending to GDP in Mauritania is 0.04%, and the ratio of consumer spending to world consumer market is 0.68%. Corporate tax in Mauritania is 25%. Personal income tax ranges from 15% to 40% depending on your specific situation and income level. VAT in Mauritania is 18% and is known as sales tax. In 2013, Mauritania received US$408.3 million in foreign aid. In 2014, foreign aid totaled $382.2.

Gross domestic product
The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Mauritania is US$15,622 billion. The gross domestic product (GDP) per capita in Purchasing Power Parity (PPP) in Mauritania was last seen at $3,440,918. In an international comparison, PPP in Mauritania is considered to be very good. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Mauritania is 5.516 billion. Based on these statistics, Mauritania is considered to be of medium economic strength. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. The gross domestic product (GDP) per capita in Mauritania was last at $1,214,960. The average citizen in Mauritania has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Mauritania averaged 6.8% in 2014. According to this percentage, Mauritania is currently experiencing significant growth. Significant growth countries offer the best opportunities for a significant return on investment, as the GDP growth rate is the most important indicator of economic health. As GDP grows, so do businesses, jobs and personal income.