Real GDP Per Capita for Mali
MLINGDPRPCPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.89
Year-over-Year Change
-49.63%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Real GDP Per Capita for Mali' is an important economic indicator that measures the total output of Mali's economy divided by its population, adjusted for inflation. It provides insights into the country's standard of living and overall economic performance.
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
Real GDP per capita is a key metric used by economists and policymakers to assess a country's economic development and standard of living. It represents the inflation-adjusted value of all goods and services produced within Mali, divided by its total population.
Methodology
This data is calculated by the World Bank using national accounts and population statistics.
Historical Context
Trends in real GDP per capita are closely monitored by international institutions, governments, and investors to gauge the economic health and growth trajectory of Mali.
Key Facts
- Mali's real GDP per capita was $2,149 in 2021.
- Real GDP per capita growth in Mali averaged 1.7% per year from 2010-2020.
- Mali is classified as a low-income country by the World Bank.
FAQs
Q: What does this economic trend measure?
A: The 'Real GDP Per Capita for Mali' measures the total economic output of Mali divided by its population, adjusted for inflation. It provides insights into the country's standard of living and overall economic performance.
Q: Why is this trend relevant for users or analysts?
A: Real GDP per capita is a crucial indicator used by economists, policymakers, and investors to assess a country's economic development, living standards, and growth trajectory.
Q: How is this data collected or calculated?
A: This data is calculated by the World Bank using national accounts and population statistics.
Q: How is this trend used in economic policy?
A: Trends in real GDP per capita are closely monitored by international institutions, governments, and investors to gauge the economic health and growth trajectory of Mali.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and updates due to the challenges of collecting comprehensive economic statistics in developing countries like Mali.
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Citation
U.S. Federal Reserve, Real GDP Per Capita for Mali (MLINGDPRPCPCPPPT), retrieved from FRED.