Port Louis - The economy of Mauritius grew by an estimated 3.4% in 2015, down from the forecast 3.6% in September, due to a slowing in the construction and manufacturing sectors, the statistics bureau said on Wednesday.
Growth is expected to rise to 3.9% in 2016 with an expected rebound in both of those sectors, the bureau said.
Last week, the International Monetary Fund (IMF) said the Indian Ocean island nation's economy was projected to expand by about 4% next year.
Mauritius' $10bn a year economy depends on tourism, financial services and exports of agricultural goods.
Gross Domestic Product (GDP) growth for 2014 has also been revised downwards to 3.4% instead of 3.5%, mainly due to the lower growth of offshore management companies (OMCs).
The government, however, said a projected expansion of the manufacturing sector - which accounts for about 18% of GDP - by around 2.5% in 2016 will give the economy a boost.
The sector, which grew by about 1.5% in 2015, is expected to benefit from diversification of markets and an increase in the production of small and medium enterprises (SMEs).
Mauritius is also targeting increased manufacturing of pharmaceutical drugs, jewellery and fast moving consumer goods.
It also said construction activities are expected to increase, leading to a growth in the sector by 2%. The construction sector contracted by 4.3% in 2015.