10 Most Conservative Countries in the World and their Economic Development

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4. Mauritius

Personal Income Tax Rate (2023): 13%

Corporate Tax Rate (2023): 15%

Annual Social Assistance Spending as a percentage of GDP (2015): 3.26%

Insider Monkey rating: 0.156 out of 1

Mauritius reports a GDP per capita of $29,530 and a GDP growth of 5.1% as of 2023, according to the IMF. It is ranked 4th on our list, with a 15% corporate tax rate and a 13% personal income tax rate. According to the World Bank, Mauritius reported an annual social assistance spending of 3.26% in 2015.

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