Mali: Economy

Economic Trivia

Mali produces the third highest amount of gold in Africa, making it the country's main export product.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2012): South Africa, Senegal, and China
Top 3 Exported Goods (2012): Precious Stones & Metals, Precious Stones & Metals, and Cotton

Top Industries Source: CIA World Factbook

Food Processing; Construction; Phosphate and Gold Mining

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $27,324,200,186 (2014)
GDP Growth Rate (annual %) 7.195% (2014)
GDP Per Capita, PPP (current international) $1,599 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 128/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 0.893% (2014)
External debt stocks, total (DOD, current US$) $3,422,795,000 (2013)
Total tax rate (% of commercial profits) 48.3% (2015)
Real Interest Rate (5 year average %) 14.493% (1992)
Manufacturing, value added (% of GDP) 3.107% (2007)
Current Account Balance (BoP, current US$) ($374,656,437) (2013)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 5,924,862 (2014)
Employment in Agriculture (% of total employment) 66% (2006)
Employment in Industry (% of total employment) 5.6% (2006)
Employment in Services (% of total employment) 28.3% (2006)
Unemployment Rate 8.1% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $3,605,082,292 (2014)
Exports of goods and services (current US$) $3,108,065,378 (2014)
Total Merchandise Trade (% of GDP) 50.482% (2014)
FDI, net inflows (BoP, current US$) $198,927,339 (2014)
Commercial Service Exports (current US$) $372,267,966 (2013)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Mali’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary