Mali: Trade in services (% of GDP)

Key figures

What the numbers say

In 2024, Mali's trade in services (% of GDP) fell 2.7 percentage points on 2023 (from 11.34% to 8.65%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.02 percentage points and a typical year strayed about 1.94 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations below 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 6.9 percentage points in 2013 and the biggest yearly fall was 4.81 percentage points in 1976. 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 the straight-line trend is downward, about 0.65 percentage points a year. A straight line explains 79% 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.

How it compares

In 2024, Mali had the 23rd highest value of the 30 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

• Burkina Faso — 20th of 30: 9.09%
• Côte d'Ivoire — 21st of 30: 9.01%
• Ethiopia — 22nd of 30: 8.76%
• Sierra Leone — 24th of 30: 8.08%
• Papua New Guinea — 25th of 30: 8.02%
• Cameroon — 26th of 30: 7.9%

What this measures

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 50 values

Trade in services (% of GDP) in nearby economies

• Angola — 7.02% (2025)
• Benin — 10.17% (2023)
• Botswana — 11.79% (2025)
• Burkina Faso — 9.09% (2024)
• Burundi — 16.48% (2025)
• Cabo Verde — 42.18% (2025)
• Cameroon — 7.9% (2024)
• Comoros — 21.95% (2023)
• Congo, Dem. Rep. — 6.11% (2025)
• Congo, Rep. — 13.13% (2021)
• Côte d'Ivoire — 9.01% (2024)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Mali's trade in services (% of GDP)?

8.65% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1975?

It is down 6.44 percentage points from 15.09% in 1975. The highest value was 20.13% in 1985 and the lowest 8.65% in 2024.

How does Mali rank?

23rd highest of 30 economies with data for 2024.

Is the latest change in trade in services (% of GDP) unusual for Mali?

In 2024, Mali's trade in services (% of GDP) fell 2.7 percentage points on 2023 (from 11.34% to 8.65%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.02 percentage points and a typical year strayed about 1.94 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations below 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 BG.GSR.NFSV.GD.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) 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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