Mali's net trade in goods and services (current US$, BoP) was −US$1.29 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 42.01% from −US$2.23 billion in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$1.29 billion | 2024 |
| Five years earlier | −US$2.12 billion | 2019 |
| Ten years earlier | −US$2.23 billion | 2014 |
| Highest | −US$55.21 million | 2002 |
| Lowest | −US$2.37 billion | 2016 |
| Average since 2015 | −US$1.93 billion | 2015–2024 |
| First recorded | −US$143.93 million |
What the numbers say
In 2024, Mali's net trade in goods and services (current US$, BoP) rose US$642.31 million on 2023 (from −US$1.94 billion to −US$1.29 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was −US$50.98 million and a typical year strayed about US$450.11 million 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 US$973 million in 2020 and the biggest yearly fall was US$1.37 billion in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 22% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Mali had the 18th highest value of the 29 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 2024 ranking
- Fiji — 14th of 29: −US$604.27 million
- Tanzania — 15th of 29: −US$1.02 billion
- Niger — 16th of 29: −US$1.27 billion
- Sierra Leone — 18th of 29: −US$1.31 billion
- Mauritania — 19th of 29: −US$1.32 billion
- Cameroon — 20th of 29: −US$1.58 billion
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 50 values
| Year | Net trade in goods and services (current US$, BoP) |
|---|---|
| 2024 | -1,293,522,030 |
| 2023 | -1,935,827,990 |
| 2022 | -2,086,550,443 |
| 2021 | -2,215,235,072 |
| 2020 | -1,143,576,815 |
| 2019 | -2,116,578,375 |
| 2018 | -1,894,817,501 |
| 2017 | -2,200,115,181 |
| 2016 | -2,367,638,113 |
| 2015 | -2,038,081,153 |
Net trade in goods and services (current US$, BoP) in nearby economies
- Angola — US$6.76 billion (2025)
- Benin — −US$1.68 billion (2023)
- Botswana — −US$843.02 million (2025)
- Burkina Faso — −US$547.37 million (2024)
- Burundi — −US$946.66 million (2025)
- Cabo Verde — −US$352.91 million (2025)
- Cameroon — −US$1.58 billion (2024)
- Comoros — −US$355.58 million (2023)
- Congo, Dem. Rep. — −US$1.56 billion (2025)
- Congo, Rep.
More economic policy & debt data for Mali
- Grants, excluding technical cooperation (BoP, current US$) — 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 net trade in goods and services (current US$, BoP)?
- −US$1.29 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1975?
- It is down 798.75% from −US$143.93 million in 1975. The highest value was −US$55.21 million in 2002 and the lowest −US$2.37 billion in 2016.
- How does Mali rank?
- 18th highest of 29 economies with data for 2024.
- Is the latest change in net trade in goods and services (current US$, BoP) unusual for Mali?
- In 2024, Mali's net trade in goods and services (current US$, BoP) rose US$642.31 million on 2023 (from −US$1.94 billion to −US$1.29 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$50.98 million and a typical year strayed about US$450.11 million 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.
Source
World Bank, World Development Indicators, indicator BN.GSR.GNFS.CD, licensed CC BY 4.0. Original source: Balance of Payments 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.
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.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in