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%.

Mali GDP from 1980 to 2024

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

Change Chart

    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.


    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