Source: world bank Nominal/PPP
Summary:
Mali GDP Per Capita expanded from 1967 to 2024, increasing from $0.28 to $26.79 .The compound annual growth rate (CAGR) averaged 8.33% over the period. The economy recorded its peak level in 2024 and its lowest level in 1967. Growth volatility remained high. The maximum drawdown reached 48.52%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.
Mali Economic Phases (1967 - 2024)
From 1967 to 2024, Mali economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1970–1973) indicating robust economic expansion
- High Growth (1975–1980) indicating robust economic expansion
- Crisis (1981–1983) indicating severe economic downturn
- High Growth (1985–1988) indicating robust economic expansion
- High Growth (1990–1991) indicating robust economic expansion
- High Growth (1995–1996) indicating robust economic expansion
- High Growth (1998–1999) indicating robust economic expansion
- High Growth (2001–2009) indicating robust economic expansion
- High Growth (2013–2014) indicating robust economic expansion
- High Growth (2016–2018) indicating robust economic expansion
- Expansion (2019–2020) indicating steady moderate growth
- High Growth (2023–2024) indicating robust economic expansion
The most remarkable growth occurred in 1980 with an increase of 69.508%, while the largest decline was in 1994 at -26.895%.