Balanced trade in services in Mali
Mali: Balanced trade in services was 0.8899 US dollars, exchange rate converted in 2024. ▲ Rising
Balanced trade in services in Mali, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
Mali recorded 0.8899 US dollars, exchange rate converted for balanced trade in services in 2024.
The figure is down 13.6% on the previous year and down 13.7% over ten years.
Over the whole period, balanced trade in services in Mali peaked at 1.04 US dollars, exchange rate converted in 2016 and was at its lowest, 0.3453 US dollars, exchange rate converted, in 2005.
Mali ranks 128th of 174 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Balanced trade in services in Mali, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 2005 | 0.3453 US dollars, exchange rate converted | — |
| 2006 | 0.3846 US dollars, exchange rate converted | +11.4% |
| 2007 | 0.4595 US dollars, exchange rate converted | +19.5% |
| 2008 | 0.5266 US dollars, exchange rate converted | +14.6% |
| 2009 | 0.476 US dollars, exchange rate converted | -9.6% |
| 2010 | 0.4687 US dollars, exchange rate converted | -1.5% |
| 2011 | 0.6276 US dollars, exchange rate converted | +33.9% |
| 2012 | 0.5895 US dollars, exchange rate converted | -6.1% |
| 2013 | 1.03 US dollars, exchange rate converted | +74.3% |
| 2014 | 1.03 US dollars, exchange rate converted | +0.4% |
| 2015 | 0.9607 US dollars, exchange rate converted | -6.8% |
| 2016 | 1.04 US dollars, exchange rate converted | +8.0% |
| 2017 | 0.9269 US dollars, exchange rate converted | -10.6% |
| 2018 | 0.9847 US dollars, exchange rate converted | +6.2% |
| 2019 | 1.03 US dollars, exchange rate converted | +4.8% |
| 2020 | 0.7667 US dollars, exchange rate converted | -25.7% |
| 2021 | 0.9349 US dollars, exchange rate converted | +21.9% |
| 2022 | 0.9502 US dollars, exchange rate converted | +1.6% |
| 2023 | 1.03 US dollars, exchange rate converted | +8.3% |
| 2024 | 0.8899 US dollars, exchange rate converted | -13.6% |
Mali compared with similar countries
- Mali's 0.8899 US dollars, exchange rate converted is above the median for low income countries, which is 0.7643 US dollars, exchange rate converted, 1.2× the median. (20 countries reporting)
- Mali's 0.8899 US dollars, exchange rate converted is below the median for Sub-Saharan Africa, which is 1.05 US dollars, exchange rate converted, 85% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4384 US dollars, exchange rate converted | 0.3453 US dollars, exchange rate converted | 0.5266 US dollars, exchange rate converted | 5 |
| 2010s | 0.8686 US dollars, exchange rate converted | 0.4687 US dollars, exchange rate converted | 1.04 US dollars, exchange rate converted | 10 |
| 2020s | 0.9142 US dollars, exchange rate converted | 0.7667 US dollars, exchange rate converted | 1.03 US dollars, exchange rate converted | 5 |
Countries ranked near Mali
- 125 Bosnia and Herzegovina 0.917 US dollars, exchange rate converted compare
- 126 Belize 0.8966 US dollars, exchange rate converted compare
- 127 Albania 0.8962 US dollars, exchange rate converted compare
- 129 Turks and Caicos Islands 0.8735 US dollars, exchange rate converted compare
- 130 Bangladesh 0.8643 US dollars, exchange rate converted compare
- 131 Liberia 0.8136 US dollars, exchange rate converted compare
More economy & growth data for Mali
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.87 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.9 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 24.08 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0115 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 13.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 18.16 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0084 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 10.05 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.007 units per US$ of GDP (2025)
Frequently asked questions
- What is balanced trade in services in Mali?
- Balanced trade in services in Mali was 0.8899 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced trade in services recorded in Mali?
- The highest recorded value was 1.04 US dollars, exchange rate converted in 2016.
- What is the lowest balanced trade in services recorded in Mali?
- The lowest recorded value was 0.3453 US dollars, exchange rate converted in 2005.
- How does Mali rank for balanced trade in services?
- Mali ranks 128th out of 174 countries with data for 2024.
- Is balanced trade in services rising or falling in Mali?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is rising.
- Where does this Mali data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced trade in services (BaTIS). Statizoid updates them automatically from the source API.
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About this data
The OECD-WTO Balanced Trade in Services (BaTIS) dataset is a complete, consistent, and balanced matrix of international trade in services statistics (ITSS). It contains annual bilateral data covering 202 reporters and partners, broken down by total services and 26 EBOPS 2010 (BPM6) categories from 2005 to 2024. BaTIS is the result of joint efforts by the OECD and WTO. Two main features enable BaTIS to stand out as the international benchmark for any analysis on international trade in services: BaTIS is complete and consistent. At present, only around 65% of world trade in services is bilaterally specified, and the percentage is even lower for the individual service categories. The OECD-WTO methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. BaTIS is balanced. To resolve the asymmetries between reported and mirror flows, exports and imports are reconciled by calculating a symmetry-index weighted average between the two, following a similar approach to that developed for international merchandise trade statistics. Batis provides three measures for each trade flow (under the ‘adjustment’ dimension): Reported. Reflects the value officially reported by the country (where available), some values are rescaled to fit world totals. Adjusted and/or imputed. Reflects, in addition to the reported values, any adjustments made to ensure internal consistency as well as the estimations made by the OECD-WTO to fill in the gaps in the reported information. Balanced. Reflects the reconciled bilateral trade flow, where exports equal mirror imports. Official information on bilateral trade flows was collected from OECD, Eurostat, national sources as well as UNSD. The WTO-UNCTAD trade in services dataset, based on a number of primary sources complemented with estimations, was the main source for data with partner world. The BaTIS dataset can be used as a stand-alone input for economic analysis and policy-making. In addition, balanced trade in services data form an essential input to the OECD Trade in Value Added (TiVA) initiative, for which a balanced view of international trade is crucial. BaTIS is intended to be regularly updated and constantly improved as new data become available. For more information on the methodology, please refer to the technical paper accompanying this dataset The OECD-WTO Balanced Trade in Services (BaTIS) For more information on balanced trade statistics, please go to the topic related OECD page Balanced trade statistics Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org https://www.oecd.org/en/about/directorates/statistics-and-data-directorate.html