Mali Economic Statistics and Indicators

14, Aug 2020, EDT. Welcome to the Mali economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Mali › Change country
National or Regional Currency: Central African Franc, XAF
Year of data: 2015 › Change year
Number of Indicators Listed: 37
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 16,455,903 (July 2014 est.)
Area: total: 1,240,192 sq km ; land: 1,220,190 sq km ; water: 20,002 sq km
Natural Resources: gold, phosphates, kaolin, salt, limestone, uranium, gypsum, granite, hydropower ; note: bauxite, iron ore, manganese, tin, and copper deposits are known but not exploited
Capital: name: Bamako ; geographic coordinates: 12 39 N, 8 00 W ; time difference: UTC 0 (5 hours ahead of Washington, DC, during Standard Time)

Among the 25 poorest countries in the world, Mali is a landlocked country that depends on gold mining and agricultural exports for revenue. Economic activity is largely confined to the riverine area irrigated by the Niger River and about 65% of its land area is desert or semidesert. About 10% of the population is nomadic and about 80% of the labor force is engaged in farming and fishing. Mali remains dependent on foreign aid. The country's fiscal status fluctuates with gold and agricultural commodity prices and the harvest; cotton and gold exports make up around 80% of export earnings. Industrial activity is concentrated on processing farm commodities. Mali is developing its iron ore extraction industry to diversify foreign exchange earnings away from gold. Mali has invested in tourism but security issues hurt the industry. Mali experienced economic growth of about 5% per year between 1996-2011, but the global recession, a military coup, and terrorist activity in the north of the country caused a decline in output in 2012; growth resumed at a slow pace in 2013. The main threat to Mali’s economy is a return to physical insecurity. Other long term threats to the economy include high population growth, corruption, a weak infrastructure, and low levels of human capital.
More on the Mali Economy
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GDP (Constant Prices, National Currency) for Mali in year 2015 is XAF 4,448.12 Billion.

GDP Growth (Constant Prices, National Currency) for Mali in year 2015 is 6.125 %.

GDP (Current Prices, National Currency) for Mali in year 2015 is XAF 7,723.94 Billion.

GDP (Current Prices, US Dollars) for Mali in year 2015 is US$ 13.066 Billion.

GDP Deflator for Mali in year 2015 is 173.645 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Mali in year 2015 is XAF 272,977.28 .

GDP Per Capita (Current Prices, National Currency) for Mali in year 2015 is XAF 474,011.75 .

GDP Per Capita (Current Prices, US Dollars) for Mali in year 2015 is US$ 801.844 .

GDP (PPP), US Dollars for Mali in year 2015 is US$ 35.832 Billion.

GDP Per Capita (PPP), US Dollars for Mali in year 2015 is US$ 2,198.99 .

GDP Share of World Total (PPP) for Mali in year 2015 is 0.032 %.

Implied PPP Conversion Rate for Mali in year 2015 is 215.558 .

Investment (% of GDP) for Mali in year 2015 is 24.029 %.

Gross National Savings (% of GDP) for Mali in year 2015 is 21.186 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Mali in year 2015 is 146.372 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Mali in year 2015 is 1.442 %.

Inflation, End of Year (Indexed to Year 2000) for Mali in year 2015 is 146.522 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Mali in year 2015 is 0.971 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Mali in year 2015 is 7.458 %.

Import Volumes of Goods Only (Percent Change) for Mali in year 2015 is 4.744 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Mali in year 2015 is 1.964 %.

Export Volumes of Goods Only (Percent Change) for Mali in year 2015 is 2.39 %.

Population for Mali in year 2015 is 16.295 Million .

General government revenue (National Currency) for Mali in year 2015 is XAF 1,407.23 Billions.

General government revenue (% of GDP) for Mali in year 2015 is 18.219 %.

General government total expenditure (National Currency) for Mali in year 2015 is XAF 1,567.83 Billions.

General government total expenditure (% of GDP) for Mali in year 2015 is 20.298 %.

Total Government Net Lending/ Borrowing (National Currency) for Mali in year 2015 is XAF -160.596 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Mali in year 2015 is -2.079 %.

Fiscal Year Gross Domestic Product, Current Prices for Mali in year 2015 is XAF 7,723.94 Billions.

Current Account Balance (US Dollars) for Mali in year 2015 is US$ -0.371 Billion.

Current Account Balance (% GDP) for Mali in year 2015 is -2.843 %.