Current account balance in Mali
Mali: Current account balance was -4.3% in 2024. ▲ Rising
Current account balance in Mali, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for current account balance in Mali is -4.3%, measured in 2024.
That represents a change of up 33.4% on the previous year and down 9.3% over ten years.
Over the whole period, current account balance in Mali peaked at 0.5% in 1977 and was at its lowest, -13.2%, in 1985.
Mali ranks 141st of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Current account balance in Mali, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | -7.4% | — |
| 1976 | -4.5% | -38.9% |
| 1977 | 0.5% | -111.4% |
| 1978 | -11.9% | -2420.7% |
| 1979 | -7.1% | -40.5% |
| 1980 | -4.6% | -35.3% |
| 1981 | -6.3% | +36.3% |
| 1982 | -6.9% | +9.4% |
| 1983 | -6.9% | +0.1% |
| 1984 | -8.6% | +25.0% |
| 1985 | -13.2% | +53.4% |
| 1986 | -11.9% | -9.4% |
| 1987 | -8.8% | -26.4% |
| 1988 | -8.9% | +1.5% |
| 1989 | -5.3% | -40.2% |
| 1990 | -6.8% | +28.1% |
| 1991 | -4.8% | -29.1% |
| 1992 | -6.5% | +35.5% |
| 1993 | -5.2% | -20.6% |
| 1994 | -6.1% | +18.0% |
| 1995 | -8.4% | +37.4% |
| 1996 | -7.0% | -17.2% |
| 1997 | -5.2% | -25.0% |
| 1998 | -5.3% | +2.3% |
| 1999 | -6.2% | +15.7% |
| 2000 | -7.2% | +17.1% |
| 2001 | -7.5% | +3.8% |
| 2002 | -3.2% | -57.2% |
| 2003 | -4.8% | +50.6% |
| 2004 | -6.3% | +30.4% |
| 2005 | -5.9% | -6.7% |
| 2006 | -2.7% | -54.8% |
| 2007 | -6.0% | +125.2% |
| 2008 | -9.3% | +55.3% |
| 2009 | -5.4% | -41.9% |
| 2010 | -9.4% | +73.2% |
| 2011 | -4.3% | -54.6% |
| 2012 | -1.8% | -56.7% |
| 2013 | -2.4% | +29.2% |
| 2014 | -4.0% | +66.5% |
| 2015 | -4.5% | +13.0% |
| 2016 | -6.1% | +35.5% |
| 2017 | -6.6% | +9.2% |
| 2018 | -4.1% | -38.0% |
| 2019 | -6.3% | +53.3% |
| 2020 | -1.8% | -70.9% |
| 2021 | -6.4% | +248.1% |
| 2022 | -6.5% | +2.5% |
| 2023 | -6.5% | -0.7% |
| 2024 | -4.3% | -33.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -6.1% | -11.9% | 0.5% | 5 |
| 1980s | -8.1% | -13.2% | -4.6% | 10 |
| 1990s | -6.2% | -8.4% | -4.8% | 10 |
| 2000s | -5.8% | -9.3% | -2.7% | 10 |
| 2010s | -4.9% | -9.4% | -1.8% | 10 |
| 2020s | -5.1% | -6.5% | -1.8% | 5 |
Countries ranked near Mali
- 138 Madagascar -4.3% compare
- 139 Botswana -4.3% compare
- 140 North Macedonia -4.3% compare
- 142 Democratic Republic of Congo -4.3% compare
- 143 Zambia -4.4% compare
- 144 Cote d'Ivoire -4.5% 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)
- Industry (including construction), value added (constant 2015 US$) 0.6312 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1447 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 172.72 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.6312 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 85.58 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 102,117 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 13.91 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.3656 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance in Mali?
- Current account balance in Mali was -4.3% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Mali?
- The highest recorded value was 0.5% in 1977.
- What is the lowest current account balance recorded in Mali?
- The lowest recorded value was -13.2% in 1985.
- How does Mali rank for current account balance?
- Mali ranks 141st out of 199 countries with data for 2024.
- Is current account balance rising or falling in Mali?
- Over the last ten years it is down 9.3%. The long-run trend across the full record is rising.
- Where does this Mali data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.