Real Gross Domestic Product for Mali
MLINGDPRPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.10
Year-over-Year Change
-28.01%
Date Range
1/1/2000 - 1/1/2026
Summary
The Real Gross Domestic Product (GDP) for Mali measures the total economic output of the country, adjusted for inflation. It is a key indicator used by economists and policymakers to assess the health and growth of the Malian economy.
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 for Mali represents the total value of all goods and services produced within the country, expressed in constant (inflation-adjusted) prices. It is a widely used metric for tracking economic performance and living standards over time.
Methodology
The data is calculated by the Malian National Statistical Institute using production and expenditure approaches.
Historical Context
Real GDP is closely monitored by the Central Bank of Mali and international institutions like the IMF to inform monetary and fiscal policies.
Key Facts
- Mali's real GDP grew by 4.2% in 2021.
- Agriculture accounts for over 30% of Mali's real GDP.
- Real GDP per capita in Mali was $871 in 2021.
FAQs
Q: What does this economic trend measure?
A: The Real Gross Domestic Product (GDP) for Mali measures the total economic output of the country, adjusted for inflation. It is a key indicator of the Malian economy's performance and growth.
Q: Why is this trend relevant for users or analysts?
A: Real GDP is a widely used metric for assessing a country's economic health, living standards, and growth potential. It informs policymakers, investors, and analysts about the overall state of the Malian economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Malian National Statistical Institute using both production and expenditure approaches.
Q: How is this trend used in economic policy?
A: Real GDP for Mali is closely monitored by the Central Bank of Mali and international institutions like the IMF to inform monetary and fiscal policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: There may be some delays in the publication of the latest real GDP data for Mali, as it can take time for the national statistical agency to collect and process the necessary information.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product for Mali (MLINGDPRPCPPPT), retrieved from FRED.