Mali GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Mali's GDP changed from approximately $2B 31M in 1980 to $21B 662M in 2024, showing an overall 966.6% sharply increased during the period.
The lowest GDP was recorded in 1984 at $1B 416M, and the highest in 2024 at $21B 662M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 5.5%.
For comparison, the average annual growth rate of Burkina Faso was 5.2%, and that of Guinea was 5.5%.

Overview of Mali's GDP (1980–2024)

The Gross Domestic Product (GDP) of Mali recorded a 966.6% sharply increased from 1980 to 2024.
The average GDP during this period was $7B 831M, and the median was $3B 905M.
GDP fluctuated within a range of $20B 246M, with a standard deviation of $6B 383M.
The average annual change was $454M 352K.


Mali GDP from 1980 to 2024

The total market value of goods and services produced annually in Mali.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1984, $1B 416M
    • Highest GDP: 2024, $21B 662M
    • Most Recent GDP: 2024, $21B 662M

    Notable Annual GDP Changes

    • 2011: Significant increase in GDP
    • 2015: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Mali's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $17B 281M → $17B 643M
    • Outcome: increased

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $8B 157M → $10B 249M
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $2B 963M → $3B 468M
    • Outcome: sharply increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $3B 208M → $3B 328M
    • Outcome: increased

    Key Economic Indicators of Mali (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 2B 31M
    $ 275.48
    $ 520.83
    $ 3B 840M
    3.299 %
    -6.121 %
    9.10 %
    0 %
    7M 373K people
    1981
    $ 1B 660M
    $ 220.34
    $ 532.63
    $ 4B 11M
    -4.542 %
    -8.437 %
    8.32 %
    0 %
    7M 533K people
    1982
    $ 1B 468M
    $ 190.68
    $ 489.56
    $ 3B 768M
    -11.557 %
    -7.849 %
    26.68 %
    0 %
    7M 696K people
    1983
    $ 1B 418M
    $ 180.35
    $ 513.97
    $ 4B 42M
    3.229 %
    -7.242 %
    22.75 %
    0 %
    7M 864K people
    1984
    $ 1B 416M
    $ 176.40
    $ 534.11
    $ 4B 288M
    2.419 %
    -8.401 %
    22.68 %
    0 %
    8M 29K people
    1985
    $ 1B 426M
    $ 174.17
    $ 557.92
    $ 4B 568M
    3.243 %
    -14.703 %
    44.29 %
    0 %
    8M 188K people
    1986
    $ 1B 981M
    $ 237.69
    $ 593.25
    $ 4B 944M
    6.104 %
    -12.827 %
    22.74 %
    0 %
    8M 335K people
    1987
    $ 2B 308M
    $ 272.30
    $ 612.75
    $ 5B 193M
    2.479 %
    -9.254 %
    26.68 %
    0 %
    8M 474K people
    1988
    $ 2B 316M
    $ 268.77
    $ 624.15
    $ 5B 379M
    0.054 %
    -10.411 %
    25.63 %
    0 %
    8M 617K people
    1989
    $ 2B 827M
    $ 322.21
    $ 705.16
    $ 6B 187M
    10.692 %
    0.794 %
    21.16 %
    0 %
    8M 774K people
    1990
    $ 3B 223M
    $ 360.29
    $ 784.38
    $ 7B 16M
    9.31 %
    -0.931 %
    27.51 %
    0 %
    8M 945K people
    1991
    $ 3B 284M
    $ 359.96
    $ 856.07
    $ 7B 811M
    7.68 %
    1.26 %
    30.62 %
    0 %
    9M 124K people
    1992
    $ 3B 372M
    $ 362.20
    $ 844.63
    $ 7B 864M
    -1.562 %
    -0.231 %
    27.24 %
    0 %
    9M 311K people
    1993
    $ 3B 362M
    $ 353.65
    $ 876.98
    $ 8B 337M
    3.561 %
    0.462 %
    29.07 %
    0 %
    9M 507K people
    1994
    $ 2B 575M
    $ 265.12
    $ 910.11
    $ 8B 839M
    3.802 %
    -3.5 %
    32.84 %
    0 %
    9M 712K people
    1995
    $ 3B 337M
    $ 336.39
    $ 936.85
    $ 9B 295M
    2.997 %
    -3.054 %
    32.81 %
    0 %
    9M 921K people
    1996
    $ 3B 416M
    $ 337.18
    $ 1,002.16
    $ 10B 154M
    7.281 %
    -7.119 %
    21.11 %
    0 %
    10M 132K people
    1997
    $ 3B 208M
    $ 309.66
    $ 1,044.89
    $ 10B 824M
    4.797 %
    -5.607 %
    24.13 %
    0 %
    10M 359K people
    1998
    $ 3B 328M
    $ 313.32
    $ 1,060.81
    $ 11B 266M
    2.926 %
    -5.43 %
    17.49 %
    0 %
    10M 620K people
    1999
    $ 3B 444M
    $ 315.48
    $ 1,111.96
    $ 12B 139M
    6.245 %
    -6.306 %
    11.59 %
    0 %
    10M 917K people