Mali recorded a Current Account deficit of 5.40 percent of the country's Gross Domestic Product in 2019. source: Central Bank of West African States (BCEAO)

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 May of 2022.

Current Account to GDP in Mali is expected to reach -4.10 percent of GDP by the end of 2021, 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 -4.40 percent of GDP in 2022 and -4.80 percent of GDP in 2023, according to our econometric models.

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Mali Current Account to GDP



Related Last Previous Unit Reference
Current Account -777.20 -375.20 XOF Billion Dec 2021
Current Account to GDP -1.70 -4.20 percent of GDP Dec 2020

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.70 -4.20 0.51 -15.96 1975 - 2020 percent of GDP Yearly