Mali's compensation of employees (current LCU) was 631.06 billion in 2020, the latest year in the World Bank's World Development Indicators. That is up 172.2% from 231.84 billion in 2010 (10.53% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 631.06 billion | 2020 |
| Five years earlier | 362.46 billion | 2015 |
| Ten years earlier | 231.84 billion | 2010 |
| Highest | 631.06 billion | 2020 |
| Lowest | 73.1 billion | 2000 |
| Average since 2011 | 403.9 billion | 2011–2020 |
| First recorded | 73.1 billion |
What the numbers say
In 2020, Mali's compensation of employees (current LCU) rose 19.3% on 2019 (from 528.84 billion to 631.06 billion).
Across the 19 yearly changes before that (2001 to 2019), the average change was +11.1% and a typical year strayed about 5.5% from that (the standard deviation). This year's change was 1.5 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 19.3% in 2020. 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 36.46 billion a year. A straight line explains 92% 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 660.76 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 78.93 billion, against 120.05 billion 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 2nd highest value of the 11 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
- Russian Federation — 1st of 11: 4.53 trillion
- Jamaica — 3rd of 11: 223 billion
- Honduras — 4th of 11: 68.04 billion
- Cabo Verde — 5th of 11: 21.7 billion
What this measures
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 21 values
| Year | Compensation of employees (current LCU) |
|---|---|
| 2020 | 631,061,041,000 |
| 2019 | 528,835,147,000 |
| 2018 | 485,767,000,000 |
| 2017 | 428,500,000,000 |
| 2016 | 397,400,000,000 |
| 2015 | 362,461,286,000 |
| 2014 | 314,700,000,000 |
| 2013 | 307,044,000,000 |
| 2012 | 306,914,000,000 |
| 2011 | 276,331,000,000 |
Compensation of employees (current LCU) in nearby economies
- Angola — 3.18 trillion (2024)
- Botswana — 34.03 billion (2023)
- Burkina Faso — 1.07 trillion (2024)
- Burundi — 480.99 billion (2021)
- Cabo Verde — 21.7 billion (2020)
- Cameroon — 1.08 trillion (2021)
- Central African Republic — 81.21 billion (2021)
- Congo, Dem. Rep. — 6.58 trillion (2022)
- Congo, Rep. — 343.51 billion (2021)
- Côte d'Ivoire — 2.04 trillion (2023)
More public sector data for Mali
- Military expenditure (current USD) — 952.9 million (2025)
- Military expenditure (current LCU) — 554.09 billion (2025)
- Military expenditure (% of GDP) — 3.87% (2025)
- Arms imports (SIPRI trend indicator values) — 64 million (2025)
- Armed forces personnel, total — 41,000 (2020)
- Armed forces personnel (% of total labor force) — 0.54% (2020)
- Military expenditure (% of general government expenditure) — 14.8% (2025)
- Net investment in nonfinancial assets (current LCU) — 593.21 billion (2020)
- Net investment in nonfinancial assets (% of GDP) — 4.98% (2020)
- Net lending (+) / net borrowing (-) (current LCU)
Reading data like this
Questions people ask
- What is Mali's compensation of employees (current LCU)?
- 631.06 billion in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 763.28% from 73.1 billion in 2000 (11.38% a year on average, compounded). The highest value was 631.06 billion in 2020 and the lowest 73.1 billion in 2000.
- How does Mali rank?
Source
World Bank, World Development Indicators, indicator GC.XPN.COMP.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) 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.
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