Gross National Income for Mali

MKTGNIMLA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

25,818,132,692.86

Year-over-Year Change

78.89%

Date Range

1/1/1967 - 1/1/2024

Summary

Gross National Income (GNI) for Mali measures the total income earned by a country's residents and businesses, both within and outside its borders. It is a key indicator of a nation's economic health and standard of living.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

GNI represents the value of all goods and services produced by a country's citizens, regardless of their location. It is an important metric used by economists and policymakers to assess a country's economic performance and development over time.

Methodology

GNI data for Mali is collected and calculated by the World Bank based on national accounts information.

Historical Context

GNI is widely used to inform economic policy decisions and international development programs.

Key Facts

  • Mali's GNI per capita was $830 in 2020.
  • GNI measures a country's economic output regardless of location.
  • GNI data helps assess a nation's standard of living and growth.

FAQs

Q: What does this economic trend measure?

A: Gross National Income (GNI) for Mali measures the total income earned by the country's residents and businesses, both within and outside its borders.

Q: Why is this trend relevant for users or analysts?

A: GNI is an important metric used by economists and policymakers to assess a country's economic performance and development over time.

Q: How is this data collected or calculated?

A: GNI data for Mali is collected and calculated by the World Bank based on national accounts information.

Q: How is this trend used in economic policy?

A: GNI is widely used to inform economic policy decisions and international development programs.

Q: Are there update delays or limitations?

A: GNI data may have update delays depending on the availability of national accounts information.

Related Trends

Citation

U.S. Federal Reserve, Gross National Income for Mali (MKTGNIMLA646NWDB), retrieved from FRED.