Mali recorded a Current Account deficit of 5.40 percent of the country's Gross Domestic Product in 2019.

Current Account to GDP in Mali averaged -8.13 percent from 1975 until 2019, reaching an all time high of 0.51 percent in 1977 and a record low of -15.96 percent in 1985. This page provides - Mali Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mali Current Account to GDP - values, historical data and charts - was last updated on August of 2020.

Current Account to GDP in Mali is expected to reach -7.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mali Current Account to GDP is projected to trend around -7.50 percent in 2021 and -6.90 percent in 2022, according to our econometric models.

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Mali Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-5.40 -4.10 0.51 -15.96 1975 - 2019 percent Yearly

Mali Trade Last Previous Highest Lowest Unit
Balance of Trade -324.92 -256.58 34.36 -356.64 CFA Franc Billion [+]
Current Account -357.50 -704.30 -47.94 -704.30 XOF Billion [+]
Current Account to GDP -5.40 -4.10 0.51 -15.96 percent [+]
Imports 765.60 703.39 823.65 116.00 CFA Franc Billion [+]
Exports 440.68 446.81 567.27 69.40 CFA Franc Billion [+]
Terrorism Index 6.65 6.02 6.65 0.00 [+]


Mali Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.