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Economy of Cambodia vs Mali compared: GDP & Debt

Updated on by Georank team

Cambodia has a GDP of $46.4B compared to $26.8B for Mali, ranking 97/197 and 113/197 by economy size, respectively.

Cambodia has $12B in government debt (25.9% of GDP), compared to $13.9B (51.7% of GDP) in Mali.

Cambodia vs Mali GDP by year

Cambodia
Mali
1x
Year GDP, current $
Cambodia Mali
2024 $46,352,647,037 $26,794,747,240
2023 $42,335,646,896 $24,813,860,599
2022 $39,994,532,960 $22,539,987,719
2021 $36,790,163,687 $22,999,245,263
2020 $34,818,073,901 $20,698,560,939
2019 $36,685,356,408 $20,477,421,885
2018 $33,145,892,169 $20,368,015,381
2017 $29,355,665,910 $18,308,362,040
2016 $26,556,545,153 $16,743,796,800
2015 $24,174,170,369 $15,583,181,170
2014 $22,041,463,968 $17,081,681,993
2013 $19,807,135,253 $15,747,192,681
2012 $17,826,536,700 $14,795,114,603
2011 $16,032,622,024 $15,452,791,789
2010 $13,808,673,288 $12,710,739,159
2009 $12,502,901,170 $12,155,217,833
2008 $12,174,303,999 $11,462,490,840
2007 $10,127,916,460 $9,699,047,443
2006 $8,350,531,017 $8,212,007,554
2005 $7,066,296,463 $7,429,066,951
2004 $5,883,297,160 $6,485,774,930
2003 $5,046,693,484 $5,605,613,011
2002 $4,501,227,627 $4,647,238,257
2001 $4,145,665,970 $4,124,281,594
2000 $3,694,168,979 $3,521,570,876
1999 $3,517,242,477 $4,091,446,054
1998 $3,120,425,503 $3,894,433,432
1997 $3,443,413,389 $3,414,879,486
1996 $3,506,695,720 $3,743,103,420
1995 $3,441,205,693 $3,373,322,735
1994 $2,791,435,272 $2,655,768,636
1993 $2,533,727,592 $3,632,801,877
1992 $2,491,486,594 $3,680,775,037
1991 $2,054,974,089 $3,576,562,682
1990 $1,402,541,177 $3,248,417,791
1989 $1,353,137,648 $2,824,822,489
1988 $1,662,877,859 $2,712,207,901
1987 $1,036,974,910 $2,437,004,680
1986 $1,167,630,318 $2,132,938,007
1985 $1,102,669,184 $1,594,347,021
1984 $1,021,176,059 $1,387,809,615
1983 $939,291,262 $1,496,616,127
1982 $865,516,040 $1,680,304,773
1981 $815,153,652 $2,234,583,940
1980 $744,384,130 $2,704,362,789
1979 $723,738,503 $1,595,422,956
1978 $766,642,356 $1,222,702,573
1977 $716,261,764 $1,049,838,548
1976 $790,357,255 $939,228,017
1975 $749,129,748 $830,710,615
1974 - $538,747,340
1973 - $563,683,703
1972 - $486,617,280
1971 - $395,218,629
1970 - $359,772,315
1969 - $339,913,867
1968 - $343,771,973
1967 - $275,494,478

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

GeoRank.org/economy/cambodia/mali | CC BY

GDP per capita in Cambodia vs Mali by year

Cambodia
GDP per capita

GDP per capita, PPP
Mali
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cambodia Mali
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,628 $7,967 $1,095 $3,315
2023 $2,430 $7,431 $1,044 $3,175
2022 $2,325 $6,919 $977 $3,014
2021 $2,167 $6,226 $1,027 $2,796
2020 $2,082 $5,942 $953 $2,724
2019 $2,226 $6,154 $972 $2,820
2018 $2,037 $5,617 $996 $2,684
2017 $1,826 $5,050 $924 $2,607
2016 $1,675 $4,748 $872 $2,532
2015 $1,547 $4,434 $838 $2,330
2014 $1,432 $4,118 $948 $2,185
2013 $1,306 $3,891 $902 $2,059
2012 $1,193 $3,583 $873 $1,990
2011 $1,089 $3,223 $938 $2,046
2010 $952 $2,989 $797 $2,012
2009 $876 $2,854 $787 $1,945
2008 $866 $2,769 $767 $1,893
2007 $732 $2,566 $671 $1,852
2006 $612 $2,297 $587 $1,832
2005 $526 $2,038 $549 $1,771
2004 $444 $1,770 $495 $1,730
2003 $387 $1,598 $442 $1,715
2002 $350 $1,442 $378 $1,581
2001 $328 $1,357 $346 $1,559
2000 $296.4 $1,256 $305 $1,357
1999 $286.8 $1,134 $364 $1,376
1998 $258.8 $1,009 $357 $1,332
1997 $297.6 $994 $321 $1,267
1996 $325 $1,006 $360 $1,224
1995 $343 $1,006 $331 $1,154
1994 $302 $972 $266.5 $1,147
1993 $294.1 $1,565 $372 $1,087
1992 $307 $1,560 $385 $1,039
1991 $267.3 $1,504 $382 $1,091
1990 $190.2 $1,410 $354 $956
1989 $191.3 - $314 -
1988 $244.1 - $307 -
1987 $158.1 - $280.7 -
1986 $185.8 - $250 -
1985 $182.4 - $190.4 -
1984 $174.7 - $169.1 -
1983 $166.7 - $186.3 -
1982 $159.2 - $213.8 -
1981 $154.3 - $290.5 -
1980 $143.2 - $359 -
1979 $142.2 - $216.3 -
1978 $147.1 - $169.1 -
1977 $126.4 - $148.1 -
1976 $128.8 - $134.9 -
1975 $113.8 - $121.5 -
1974 - - $80.2 -
1973 - - $85.4 -
1972 - - $75.1 -
1971 - - $62 -
1970 - - $57.3 -
1969 - - $55 -
1968 - - $56.5 -
1967 - - $46 -

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

GeoRank.org/economy/cambodia/mali | CC BY

Cambodia's GDP per capita is $2,628, ranking 145/197, compared to $1,095 in Mali, ranking 173/197. Adjusted for purchasing power (GDP per capita PPP), Cambodia ranks 142nd at $7,967, while Mali ranks 174th at $3,315.

Economic indicators

Cambodia Mali
Gross domestic product
$46.4B
2024
$26.8B
2024
GDP rank
97/197
2024
113/197
2024
GDP growth
5.98%
2023-2024
4.99%
2023-2024
GDP per capita
$2,628
2024
$1,095
2024
GDP per capita rank
145/197
2024
173/197
2024
GDP per capita, PPP
$7,967
2024
$3,315
2024
GDP per capita PPP rank
142/197
2024
174/197
2024
Government debt
$12B
2024
$13.9B
2024
Debt-to-GDP ratio
25.9%
2024
51.7%
2024
Government debt per person
$681
2024
$566
2024
Government debt per person rank
156/185
2024
161/185
2024
Average annual personal income after taxes
$2,258
2026
$1,463
2026
Income share by richest 10% n/a
28.3%
2021
Income share by poorest 10% n/a
3.2%
2021
Government expenditure, % of GDP
17.3%
2024
24.7%
2024
Consumer prices inflation
0.9%
2023-2024
3.2%
2023-2024
Unemployment rate
0.26%
2023
5.45%
2023
Population
18113986
26143152

Spending and national debt comparison by year

Cambodia
Spending

Debt
Mali
Spending

Debt
1x
Year % of GDP
Cambodia Mali
Government spending Government debt Government spending Government debt
2024 17.3% 25.9% 24.7% 51.7%
2023 19.1% 26.3% 24.8% 51.9%
2022 18.7% 25.5% 24.4% 50.3%
2021 21% 25.9% 26.9% 51.6%
2020 20.3% 25.2% 26.1% 47.3%
2019 17.6% 20.8% 23.1% 40.7%
2018 16.1% 21.1% 20.3% 37.5%
2017 16.2% 22.6% 22.9% 38.2%
2016 15.2% 21.8% 22.3% 37.2%
2015 14.5% 23.3% 20.9% 30.7%
2014 16.5% 24.2% 20% 26.9%
2013 16.4% 24.4% 19.8% 26.4%
2012 17.1% 24.9% 15.5% 25.4%
2011 16.5% 23.8% 20.6% 24%
2010 17% 23.4% 20.3% 25.3%
2009 17% 23.7% 22.8% 21.9%
2008 13.1% 23% 18.8% 20.1%
2007 12.3% 25.1% 21.5% 18.5%
2006 11.3% 26.7% 22.1% 18.1%
2005 11% 31.7% 21.6% 46.6%
2004 12.6% 38.7% 21.8% 42.4%
2003 14.5% 39.8% 20.8% 44.1%
2002 16.1% 37.8% 19.9% 42.6%
2001 14.5% 33.5% 18.3% 77.5%
2000 14.9% 34.9% 19.4% 90.5%
1999 13.8% 34.6% - -
1998 13.4% 37.2% - -
1997 12.4% 31.4% - -
1996 15.7% 30.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20).

GeoRank.org/economy/cambodia/mali | CC BY

In 2024, Cambodia's government spending was $8B, accounting for 17.3% of its GDP, while Mali spent $6.61B, or 24.7% of GDP.

Debt-to-GDP ratio is 25.9% in Cambodia and 51.7% in Mali, ranking 164/185 and 102/185, respectively.

Government deficit by year

Deficit/surplus
Cambodia

Mali
1x
Year Deficit/surplus, % of GDP
Cambodia Mali
2024 -2.67% -2.57%
2023 -2.83% -3.57%
2022 -0.29% -4.75%
2021 -5.18% -4.91%
2020 -2.53% -5.42%
2019 2.19% -1.68%
2018 0.28% -4.74%
2017 -0.76% -2.86%
2016 -0.29% -3.95%
2015 -0.65% -1.82%
2014 -1.24% -2.89%
2013 -2.01% -2.37%
2012 -3.57% -0.96%
2011 -3.76% -3.42%
2010 -3.09% -2.57%
2009 -3.98% -3.71%
2008 0.43% -1.97%
2007 0.62% -2.78%
2006 -0.15% 27.8%
2005 -0.34% -2.76%
2004 -3.23% -2.36%
2003 -5.69% -1.19%
2002 -6.07% -3.09%
2001 -4.95% -2.8%
2000 -4.76% -2.64%
1999 -3.79% -
1998 -5.35% -
1997 -3.7% -
1996 -7.53% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20).

GeoRank.org/economy/cambodia/mali | CC BY

In 2024, Cambodia's government deficit, the difference between spending and revenue, was $1.24B, equivalent to 2.67% of GDP. This compares to Mali's deficit of $687M, or 2.57% of GDP.

Over the past 25 years, Cambodia recorded a fiscal deficit in 21 of those years, while Mali ran a deficit in 24 years. On average, Cambodia posted an annual deficit equal to 2.18% of GDP, compared to deficit of 1.76% of GDP for Mali.

Inflation comparison by year

Inflation
Cambodia

Mali
1x
Year Consumer prices inflation
Cambodia Mali
2024 0.9% 3.2%
2023 2.1% 2.1%
2022 5.3% 9.7%
2021 2.9% 3.8%
2020 2.9% 0.5%
2019 2% -3%
2018 2.4% 1.9%
2017 2.9% 2.4%
2016 3% -1.8%
2015 1.2% 1.4%
2014 3.9% 0.9%
2013 2.9% -0.6%
2012 2.9% 5.3%
2011 5.5% 3%
2010 4% 1.2%
2009 -0.7% 2.4%
2008 25% 9.2%
2007 7.7% 1.4%
2006 6.1% 1.6%
2005 6.3% 6.4%
2004 3.9% -3.1%
2003 1% -1.3%
2002 0% 5%
2001 -0.1% 5.2%
2000 -0.8% -0.8%
1999 2% -1.2%
1998 12.9% 4.1%
1997 10.5% -0.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/cambodia/mali | CC BY

Over the past 28 years, Cambodia has recorded an average annual inflation rate of 4.24%, compared with 2.08% in Mali. In 2024, inflation was 0.9% in Cambodia and 3.2% in Mali.

Top exports between countries

Cambodia
Export category Export value
Machinery & equipment $8.57M
Weapons & explosives $104K
Raw agricultural goods $54K
Chemicals & pharma $23K
Textiles & consumer goods $13K
Metals $11K
Miscellaneous $4K
Mali
Export category Export value

Balance of trade

Cambodia Mali
Current account balance
$228M
2024
-$1.61B
2023
Current account balance ranking
65/190
2024
136/190
2023
Current account balance, % of GDP
+0.49%
2024
-6.49%
2023
Goods imports
$31.2B
2024
$5.73B
2023
Goods exports
$26.8B
2024
$5.65B
2023
Service imports
$3.08B
2024
$2.34B
2023
Service exports
$4.97B
2024
$475M
2023
Imports of goods and services, % of GDP
72.1%
2024
27.3%
2024
Exports of goods and services, % of GDP
71.4%
2024
22.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Cambodia Mali
Economic freedom 58.7 52.1
Economic freedom ranking 108/197 150/197
Property rights 38.1 13.8
Government integrity 18.9 23.2
Judicial effectiveness 21.2 23.3
Tax burden 90.3 67.9
Government spending 89.9 81.8
Fiscal health 92.7 73.6
Business freedom 60.8 40.8
Labor freedom 48.3 54.1
Monetary freedom 77 78.2
Trade freedom 67.8 64
Investment freedom 50 65
Financial freedom 50 40

Economic freedom comparison by year

Cambodia
Mali
1x
Year Economic freedom index
Cambodia Mali
2026 58.7 52.1
2025 58.2 52.6
2024 55.6 52.5
2023 56.5 54.5
2022 57.1 55.9
2021 57.3 55.6
2020 57.3 55.9
2019 57.8 58.1
2018 58.7 57.6
2017 59.5 58.6
2016 57.9 56.5
2015 57.5 56.4
2014 57.4 55.5
2013 58.5 56.4
2012 57.6 55.8
2011 57.9 56.3
2010 56.6 55.6
2009 56.6 55.6
2008 55.9 55.6
2007 55.9 54.7
2006 56.7 54.1
2005 60 57.3
2004 61.1 56.6
2003 63.7 58.6
2002 60.7 61.1
2001 59.6 60.1
2000 59.3 60.3
1999 59.9 58.4
1998 59.8 57.3
1997 52.8 56.4
1996 - 57
1995 - 52.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/cambodia/mali | CC BY

The Economic Freedom Index for Cambodia is 58.7, ranking 108/197, compared to 52.1 for Mali, ranking 150/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cambodia Mali
Services, % of GDP
35.6%
2024
36.3%
2024
Industry, % of GDP
41.8%
2024
23.5%
2024
Agriculture, forestry, and fishing, % of GDP
16.6%
2024
33.3%
2024
GNI, Atlas method
$44.9B
2024
$25.2B
2024
GNI per capita, PPP
$7,910
2024
$3,230
2024
Total reserves including gold
$22.5B
2024
n/a
Total reserves ranking
58/177
2024
n/a
Net foreign direct investment
-$4.22B
2024
-$673M
2023
Net inflows of foreign direct investment
$4.39B
2024
$921M
2024
Net outflows of foreign direct investment
$172M
2024
$78.1M
2024
Servicing debt to the IMF, % of GNI
7.41%
2024
1.41%
2024
Poverty at national poverty lines
17.7%
2012
43.3%
2024
Gross capital formation, % of GDP
32.2%
2024
19.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/cambodia/mali | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.