Mali GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Mali contracted 1.20 percent in 2012 from the previous year. GDP Annual Growth Rate in Mali is reported by the Institut National de la Statistique, Mali. From 1968 until 2012, Mali GDP Annual Growth Rate averaged 3.5 Percent reaching an all time high of 13.6 Percent in December of 1976 and a record low of -11.4 Percent in December of 1985. Mali is one of the poorest countries in the world. Since the beginning of 2012, the north of the country is a lawless region disputed by Al-Qaeda militias and Tuareg rebels. The government, almost deposed after the Tuareg insurrection, is currently trying to gather international support for a military intervention to regain control of the Azawad region. Mali is highly dependent on foreign assistance and remittances and most of the population rely on subsistence agriculture. Despite political and social instability, the country is expected to continue growing due to increasing agricultural and mining production in the south of the country. This page provides - Mali GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.20 2.70 13.62 -11.36 -4.59 | 2013/12 1968 - 2012 Percent Yearly

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Mali GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 10.31 2012-12-31 10.65 10.65 0.27 10.58 2014-06-30 USD Billion [+]
GDP Annual Growth Rate -1.20 2012-12-31 2.70 13.62 -11.36 -4.59 2013-12-31 Percent [+]
GDP per capita 476.44 2012-12-31 496.78 498.48 275.74 471.47 2014-06-30 USD [+]
GDP per capita PPP 1046.72 2012-12-31 1091.40 1095.12 648.64 1035.80 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Mali Inflation Rate at 0.70 Percent  
The inflation rate in Mali was recorded at 0.70 percent in March of 2014. Inflation Rate in Mali is reported by the Institut National de la Statistique, Mali.
Mali Industrial Production at 3.10 Percent  
Industrial Production in Mali increased 3.10 percent in the fourth quarter of 2013 over the same quarter in the previous year. Industrial Production in Mali is reported by the Institut National de la Statistique, Mali.
Mali Current Account at -391.00 USD Million  
Mali recorded a Current Account deficit of 391 USD Million in 2012. Current Account in Mali is reported by the World Bank.
Mali Current Account to GDP at -3.80 Percent  
Mali recorded a Current Account deficit of 3.80 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Mali is reported by the Central Bank of West African States (BCEAO).
Mali Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Mali stands at 18 percent. Sales Tax Rate in Mali is reported by the Ministry of Economy and Finance.
Mali Balance of Trade at -197.50 CFA Franc Billion  
Mali recorded a trade deficit of 197.50 CFA Franc Billion in the second quarter of 2013. Balance of Trade in Mali is reported by the Institut National de la Statistique, Mali.
Mali Interest Rate at 3.50 Percent  
The benchmark interest rate in Mali was last recorded at 3.50 percent. Interest Rate in Mali is reported by the Central Bank of West African States (BCEAO).
Mali Government Budget at -6.40 Percent of GDP  
Mali recorded a Government Budget deficit equal to 6.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Mali is reported by the Central Bank of West African States (BCEAO).
Mali Imports at 512.15 CFA Franc Billion  
Imports in Mali increased to 512.15 CFA Franc Billion in the second quarter of 2013 from 440.53 CFA Franc Billion in the first quarter of 2013. Imports in Mali is reported by the Institut National de la Statistique, Mali.
Mali Exports at 314.65 CFA Franc Billion  
Exports in Mali increased to 314.65 CFA Franc Billion in the second quarter of 2013 from 276.75 CFA Franc Billion in the first quarter of 2013. Exports in Mali is reported by the Institut National de la Statistique, Mali.
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