Mali's adjusted savings, net national savings (current US$) was US$1.83 billion in 2020, the latest year in the World Bank's World Development Indicators. That is up 141.82% from US$758.28 million in 2010 (9.23% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.83 billion | 2020 |
| Five years earlier | US$1.3 billion | 2015 |
| Ten years earlier | US$758.28 million | 2010 |
| Highest | US$1.88 billion | 2018 |
| Lowest | −US$196.4 million | 1981 |
| Average since 2011 | US$1.51 billion | 2011–2020 |
| First recorded | US$34.05 million |
What the numbers say
In 2020, Mali's adjusted savings, net national savings (current US$) rose US$11.84 million on 2019 (from US$1.82 billion to US$1.83 billion).
Across the 30 yearly changes before that (1990 to 2019), the average change was +US$51.85 million and a typical year strayed about US$174.84 million from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$465.88 million in 2016 and the biggest yearly fall was US$274.02 million in 1980. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is upward, about US$94.25 million a year. A straight line explains 87% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about US$2.24 billion for 2023. We show this only because the same method, fitted on earlier years, predicted 2018 to 2020 better than "no change" would have: its average miss was US$89.29 million, against US$247.08 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2020, Mali had the 6th highest value of the 20 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Mali in the 2020 ranking
- Tanzania — 3rd of 20: US$15.41 billion
- Côte d'Ivoire — 4th of 20: US$11.01 billion
- Tajikistan — 5th of 20: US$2.03 billion
- Benin — 7th of 20: US$1.68 billion
- Zimbabwe — 8th of 20: US$1.57 billion
- Niger — 9th of 20: US$1.32 billion
What this measures
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 46 values
| Year | Adjusted savings, net national savings (current US$) |
|---|---|
| 2020 | 1,833,691,739 |
| 2019 | 1,821,855,997 |
| 2018 | 1,882,956,006 |
| 2017 | 1,599,091,499 |
| 2016 | 1,765,422,760 |
| 2015 | 1,299,545,683 |
| 2014 | 1,409,824,112 |
| 2013 | 1,221,444,507 |
| 2012 | 1,199,044,455 |
| 2011 | 1,072,628,065 |
Adjusted savings, net national savings (current US$) in nearby economies
- Angola — US$22.01 billion (2021)
- Benin — US$1.68 billion (2020)
- Botswana — US$434.8 million (2021)
- Burkina Faso — US$1.53 billion (2019)
- Burundi — −US$226.97 million (2018)
- Cabo Verde — US$402.43 million (2021)
- Cameroon — US$1.35 billion (2021)
- Comoros — US$88.76 million (2021)
- Congo, Dem. Rep. — US$10.99 billion (2021)
- Congo, Rep.
More economic policy & debt data for Mali
- Grants, excluding technical cooperation (BoP, current US$) — US$1.12 billion (2023)
- Technical cooperation grants (BoP, current US$) — US$119.74 million (2023)
- Net bilateral aid flows from DAC donors, European Union institutions (current US$) — US$131.69 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$873.86 million (2023)
- Net official development assistance and official aid received (current US$) — US$1.29 billion (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$1.29 billion (2023)
- Net official development assistance received (current US$) — US$1.29 billion (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Mali's adjusted savings, net national savings (current US$)?
- US$1.83 billion in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1975?
- It is up 5,285% from US$34.05 million in 1975 (9.26% a year on average, compounded). The highest value was US$1.88 billion in 2018 and the lowest −US$196.4 million in 1981.
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNAT.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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