The Gross Domestic Product (GDP) in Mali expanded 5.10 percent in the third quarter of 2019 over the same quarter of the previous year.

GDP Annual Growth Rate in Mali averaged 4.03 percent from 1968 until 2019, reaching an all time high of 13.62 percent in the fourth quarter of 1976 and a record low of -11.36 percent in the fourth quarter of 1985. This page provides - Mali GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Annual Growth Rate in Mali is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Mali to stand at 4.90 in 12 months time. In the long-term, the Mali GDP Annual Growth Rate is projected to trend around 4.80 percent in 2020, according to our econometric models.

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Mali GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.10 4.90 13.62 -11.36 1968 - 2019 percent Quarterly

Mali GDP Annual Growth Rate
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.