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Economy of Germany vs Mali compared: GDP & Debt

Updated on by Georank

Germany has a GDP of $5.05T compared to $30.1B for Mali, ranking 3/197 and 114/197 by economy size, respectively.

Germany has $3.18T in government debt (62.9% of GDP), compared to $12.6B (41.9% of GDP) in Mali.

Germany vs Mali GDP by year

Germany
Mali
1x
Year GDP, current $
Germany Mali
2025 $5,050,922,925,047 $30,069,148,581
2024 $4,685,592,577,805 $26,761,281,077
2023 $4,562,207,532,490 $24,777,941,861
2022 $4,201,021,706,479 $22,539,987,719
2021 $4,355,251,953,411 $22,999,245,263
2020 $3,941,398,957,074 $20,698,560,939
2019 $3,959,894,794,039 $20,477,421,885
2018 $4,055,433,215,302 $20,368,015,381
2017 $3,765,351,626,106 $18,308,362,040
2016 $3,536,787,895,179 $16,743,796,800
2015 $3,425,099,578,746 $15,583,181,170
2014 $3,964,870,735,761 $17,081,681,993
2013 $3,807,023,797,051 $15,747,192,681
2012 $3,596,483,233,406 $14,795,114,603
2011 $3,823,575,803,794 $15,452,791,789
2010 $3,467,093,769,667 $12,710,739,160
2009 $3,478,545,516,684 $12,155,217,833
2008 $3,808,197,720,125 $11,462,490,840
2007 $3,484,056,680,855 $9,699,047,443
2006 $3,046,308,753,671 $8,212,007,554
2005 $2,893,393,187,362 $7,429,066,952
2004 $2,852,317,768,062 $6,485,774,930
2003 $2,534,715,518,349 $5,605,613,011
2002 $2,102,350,798,306 $4,647,238,257
2001 $1,966,381,496,642 $4,124,281,594
2000 $1,966,980,701,145 $3,521,570,876
1999 $2,213,873,468,587 $4,091,446,054
1998 $2,247,760,364,566 $3,894,433,432
1997 $2,218,790,886,533 $3,414,879,486
1996 $2,506,576,553,158 $3,743,103,420
1995 $2,593,053,091,306 $3,373,322,735
1994 $2,215,282,632,277 $2,655,768,636
1993 $2,078,954,217,438 $3,632,801,877
1992 $2,141,377,582,968 $3,680,775,037
1991 $1,875,792,575,133 $3,576,562,682
1990 $1,778,162,195,860 $3,248,417,791
1989 $1,404,092,925,205 $2,824,822,489
1988 $1,406,367,016,372 $2,712,207,901
1987 $1,302,932,318,825 $2,437,004,680
1986 $1,050,092,624,516 $2,132,938,007
1985 $735,218,723,093 $1,594,347,021
1984 $727,767,760,979 $1,387,809,615
1983 $773,507,930,295 $1,496,616,127
1982 $779,421,633,755 $1,680,304,773
1981 $803,404,797,058 $2,234,583,940
1980 $953,772,499,462 $2,704,362,789
1979 $884,574,218,333 $1,595,422,956
1978 $743,182,891,918 $1,222,702,573
1977 $602,698,323,086 $1,049,838,548
1976 $521,658,712,133 $939,228,017
1975 $492,434,094,920 $830,710,615
1974 $446,934,971,657 $538,747,340
1973 $399,833,571,167 $563,683,703
1972 $300,899,944,795 $486,617,280
1971 $250,900,942,397 $395,218,629
1970 $216,629,229,947 $359,772,315
1969 $177,733,486,326 $339,913,867
1968 $156,527,292,653 $343,771,973
1967 $145,100,667,773 $275,494,478
1966 $143,304,275,684 -
1965 $134,774,688,191 -
1964 $123,330,404,665 -
1963 $112,232,503,744 -
1962 $105,895,435,234 -
1961 $96,558,204,043 -
1960 $84,619,845,881 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Germany vs Mali by year

Germany
GDP per capita

GDP per capita, PPP
Mali
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Mali
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,496 - $1,193 -
2024 $56,104 $73,552 $1,093 $3,315
2023 $54,777 $71,684 $1,042 $3,175
2022 $50,507 $69,049 $977 $3,014
2021 $52,349 $62,531 $1,027 $2,796
2020 $47,395 $58,686 $953 $2,724
2019 $47,656 $59,271 $972 $2,820
2018 $48,916 $56,273 $996 $2,684
2017 $45,554 $54,110 $924 $2,607
2016 $42,949 $51,570 $872 $2,532
2015 $41,930 $48,545 $838 $2,330
2014 $48,960 $47,939 $948 $2,185
2013 $47,207 $45,889 $902 $2,059
2012 $44,718 $44,229 $873 $1,990
2011 $47,631 $43,398 $938 $2,046
2010 $42,397 $39,726 $797 $2,012
2009 $42,472 $37,574 $787 $1,945
2008 $46,379 $38,444 $767 $1,893
2007 $42,351 $36,914 $671 $1,852
2006 $36,980 $34,741 $587 $1,832
2005 $35,084 $32,314 $549 $1,771
2004 $34,567 $31,753 $495 $1,730
2003 $30,711 $30,301 $442 $1,715
2002 $25,487 $29,514 $378 $1,581
2001 $23,878 $28,674 $346 $1,559
2000 $23,926 $27,474 $305 $1,357
1999 $26,965 $26,518 $364 $1,376
1998 $27,396 $25,446 $357 $1,332
1997 $27,047 $24,649 $321 $1,267
1996 $30,600 $24,169 $360 $1,224
1995 $31,747 $23,631 $331 $1,154
1994 $27,202 $22,869 $266.5 $1,147
1993 $25,617 $21,900 $372 $1,087
1992 $26,560 $21,746 $385 $1,039
1991 $23,443 $21,001 $382 $1,091
1990 $22,386 $19,468 $354 $956
1989 $17,829 - $314 -
1988 $17,997 - $307 -
1987 $16,739 - $280.7 -
1986 $13,511 - $250 -
1985 $9,464 - $190.4 -
1984 $9,347 - $169.1 -
1983 $9,900 - $186.3 -
1982 $9,950 - $213.8 -
1981 $10,246 - $290.5 -
1980 $12,183 - $359 -
1979 $11,322 - $216.3 -
1978 $9,517 - $169.1 -
1977 $7,711 - $148.1 -
1976 $6,659 - $134.9 -
1975 $6,259 - $121.5 -
1974 $5,660 - $80.2 -
1973 $5,065 - $85.4 -
1972 $3,824 - $75.1 -
1971 $3,204 - $62 -
1970 $2,771 - $57.3 -
1969 $2,281 - $55 -
1968 $2,025 - $56.5 -
1967 $1,886 - $46 -
1966 $1,871 - - -
1965 $1,774 - - -
1964 $1,637 - - -
1963 $1,502 - - -
1962 $1,431 - - -
1961 $1,316 - - -
1960 $1,162 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Germany's GDP per capita is $60,496, ranking 18/197, compared to $1,193 in Mali, ranking 174/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Mali ranks 174th at $3,315.

Economic indicators

Germany Mali
Gross domestic product
$5.05T
2025
$30.1B
2025
GDP rank
3/197
2025
114/197
2025
GDP growth
0.24%
2024-2025
5.6%
2024-2025
GDP per capita
$60,496
2025
$1,193
2025
GDP per capita rank
18/197
2025
174/197
2025
GDP per capita, PPP
$73,552
2024
$3,315
2024
GDP per capita PPP rank
20/197
2024
174/197
2024
Government debt
$3.18T
2025
$12.6B
2025
Debt-to-GDP ratio
62.9%
2025
41.9%
2025
Government debt per person
$38,071
2025
$500
2025
Government debt per person rank
21/185
2025
168/185
2025
Average annual personal income after taxes
$40,352
2026
$1,949
2026
Market capitalization of domestic companies
$2.9T
2025
n/a
Number of millionaires
2,648,000
2026
n/a
Number of billionaires
212
2026
n/a
Income share by richest 10%
26.2%
2022
28.3%
2021
Income share by poorest 10%
2.3%
2022
3.2%
2021
Government expenditure, % of GDP
50.5%
2025
20.9%
2025
Consumer prices inflation
2.17%
2024-2025
2.3%
2024-2025
Unemployment rate
3.8%
2025
4.5%
2024
Population
82830814
26322576

Spending and national debt comparison by year

Germany
Spending

Debt
Mali
Spending

Debt
1x
Year % of GDP
Germany Mali
Government spending Government debt Government spending Government debt
2025 50.5% 62.9% 20.9% 41.9%
2024 49.4% 62.2% 21% 44%
2023 48.1% 62.3% 21.2% 44.3%
2022 48.6% 64.4% 20.8% 42.9%
2021 50.7% 67.9% 22.5% 43.2%
2020 51.1% 68% 22% 39.8%
2019 45.5% 58.7% 19.5% 34.3%
2018 44.7% 60.8% 17% 31.4%
2017 44.5% 64% 19.2% 30.1%
2016 44.7% 68.3% 18.6% 30.1%
2015 44.5% 71.2% 17.6% 25.8%
2014 44.5% 74.5% 16.8% 22.6%
2013 45.2% 77.5% 16.6% 22.2%
2012 45.1% 79.8% 13.1% 21.3%
2011 45.3% 78.5% 17.3% 20.1%
2010 48.1% 81% 17.4% 21.8%
2009 48.3% 72.4% 19.6% 18.8%
2008 44.4% 65.2% 16.2% 17.3%
2007 43.5% 63.7% 18.1% 15.6%
2006 45.3% 66.4% 18.9% 15.4%
2005 46.9% 67.1% 18.3% 39.5%
2004 47% 65% 18.5% 36.1%
2003 48.5% 63.3% 17.8% 37.7%
2002 48.2% 59.8% 16.8% 36%
2001 47.7% 58.1% 15.7% 66.3%
2000 48.1% 59.2% 16.5% 77%
1999 48.5% 60.3% - -
1998 48.3% 59.4% - -
1997 48.8% 58.8% - -
1996 49.6% 57.7% - -
1995 55.2% 54.9% - -
1994 48.3% 47.5% - -
1993 48.3% 45.1% - -
1992 47.4% 41.4% - -
1991 46.5% 39% - -
1990 44.7% 40.7% - -
1989 44.3% 39.2% - -
1988 45.6% 40.5% - -
1987 46% 40.1% - -
1986 45.7% 39.1% - -
1985 46.6% 39.2% - -
1984 47.2% 38.7% - -
1983 47.9% 38% - -
1982 49.1% 36.4% - -
1981 49% 33.6% - -
1980 48.2% 30.1% - -
1979 47.4% 28.2% - -
1978 47.7% 27.4% - -
1977 49% 26% - -
1976 49.4% 25.1% - -
1975 50.3% 23.7% - -
1974 46% 18.5% - -
1973 42.4% 17.3% - -
1972 41.8% 18% - -
1971 40.9% 17.7% - -
1970 39.5% 17.7% - -
1969 29.7% 20.3% - -
1968 28.5% 22.5% - -
1967 28.8% 22.5% - -
1966 28.3% 19.8% - -
1965 28.4% 18.7% - -
1964 29% 18.2% - -
1963 29.1% 18.1% - -
1962 29.2% 17.6% - -
1961 28.8% 18.7% - -
1960 22.9% 18.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-07-08).

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

In 2025, Germany's government spending was $2.55T, accounting for 50.5% of its GDP, while Mali spent $6.29B, or 20.9% of GDP.

Debt-to-GDP ratio is 62.9% in Germany and 41.9% in Mali, ranking 70/185 and 125/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Mali
1x
Year Deficit/surplus, % of GDP
Germany Mali
2025 -2.67% -1.59%
2024 -2.66% -2.16%
2023 -2.49% -3.05%
2022 -1.91% -4.05%
2021 -3.17% -4.12%
2020 -4.38% -4.56%
2019 1.33% -1.42%
2018 1.88% -3.97%
2017 1.34% -2.4%
2016 1.13% -3.3%
2015 0.91% -1.53%
2014 0.73% -2.43%
2013 0.12% -1.99%
2012 -0.05% -0.8%
2011 -0.84% -2.87%
2010 -4.42% -2.21%
2009 -3.18% -3.19%
2008 -0.26% -1.69%
2007 0.15% -2.35%
2006 -1.76% 23.7%
2005 -3.37% -2.34%
2004 -3.42% -2.01%
2003 -3.83% -1.01%
2002 -4.09% -2.61%
2001 -3.12% -2.39%
2000 -1.71% -2.25%
1999 -1.87% -
1998 -2.65% -
1997 -3.03% -
1996 -3.64% -
1995 -9.44% -
1994 -2.54% -
1993 -3.11% -
1992 -2.63% -
1991 -3.21% -
1990 -1.94% -
1989 0.08% -
1988 -2.02% -
1987 -1.85% -
1986 -1.18% -
1985 -1.18% -
1984 -2.04% -
1983 -2.95% -
1982 -3.56% -
1981 -4.03% -
1980 -3.02% -
1979 -2.71% -
1978 -2.62% -
1977 -2.56% -
1976 -3.5% -
1975 -5.78% -
1974 -1.69% -
1973 1.14% -
1972 -0.37% -
1971 0.16% -
1970 0.53% -
1969 -0.43% -
1968 1.39% -
1967 2.73% -
1966 1.76% -
1965 2.26% -
1964 1.49% -
1963 1.43% -
1962 0.49% -
1961 -0.12% -
1960 -0.34% -
1959 0.77% -
1958 1.77% -
1957 1.99% -
1956 0.59% -
1955 -1.41% -
1954 -0.37% -
1953 -0.13% -
1952 0% -
1951 1.15% -
1950 1.81% -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 -0.64% -
1933 -0.43% -
1932 -1.11% -
1931 -1.03% -
1930 -1.52% -
1929 -0.9% -
1928 -1.47% -
1927 -0.44% -
1926 -1.3% -
1925 0.34% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.007% -
1912 -0.26% -
1911 0.06% -
1910 -0.21% -
1909 0.11% -
1908 -0.11% -
1907 -0.14% -
1906 0.76% -
1905 1.21% -
1904 0.41% -
1903 0.88% -
1902 0.08% -
1901 0.91% -
1900 0.27% -
1899 0.6% -
1898 0.47% -
1897 0.39% -
1896 0.63% -
1895 0.47% -
1894 0.44% -
1893 0.42% -
1892 -0.24% -
1891 1.18% -
1890 0.12% -
1889 1.16% -
1888 0.62% -
1887 0.88% -
1886 0.23% -
1885 0.21% -
1884 0.23% -
1883 0.55% -
1882 0.41% -
1881 0.12% -
1880 -0.13% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

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

In 2025, Germany's government deficit, the difference between spending and revenue, was $135B, equivalent to 2.67% of GDP. This compares to Mali's deficit of $478M, or 1.59% of GDP.

Over the past 26 years, Germany recorded a fiscal deficit in 18 of those years, while Mali ran a deficit in 25 years. On average, Germany posted an annual deficit equal to 1.53% of GDP, compared to deficit of 1.48% of GDP for Mali.

Inflation comparison by year

Inflation
Germany

Mali
1x
Year Consumer prices inflation
Germany Mali
2025 2.17% 2.3%
2024 2.26% 3.2%
2023 5.95% 2.1%
2022 6.87% 9.7%
2021 3.07% 3.8%
2020 0.14% 0.5%
2019 1.45% -3%
2018 1.73% 1.9%
2017 1.51% 2.4%
2016 0.49% -1.8%
2015 0.51% 1.4%
2014 0.91% 0.9%
2013 1.5% -0.6%
2012 2.01% 5.3%
2011 2.08% 3%
2010 1.1% 1.2%
2009 0.31% 2.4%
2008 2.63% 9.2%
2007 2.3% 1.4%
2006 1.58% 1.6%
2005 1.55% 6.4%
2004 1.67% -3.1%
2003 1.03% -1.3%
2002 1.42% 5%
2001 1.98% 5.2%
2000 1.44% -0.8%
1999 0.59% -1.2%
1998 0.91% 4.1%
1997 1.94% -0.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Germany has recorded an average annual inflation rate of 1.83%, compared with 2.09% in Mali. In 2025, inflation was 2.17% in Germany and 2.3% in Mali.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $45.7M
Raw agricultural goods $13.8M
Processed food, beverages & tobacco $13.1M
Chemicals & pharma $6.51M
Textiles & consumer goods $5.04M
Miscellaneous $3.87M
Raw materials & minerals $1.2M
Animal & marine products $990K
Metals $782K
Wood & paper products $373K
Mali
Export category Export value
Textiles & consumer goods $651K
Machinery & equipment $599K
Raw agricultural goods $476K
Processed food, beverages & tobacco $172K
Metals $104K
Raw materials & minerals $73K
Chemicals & pharma $17K
Precious metals & jewellery $12K
Animal & marine products $1K
Wood & paper products $1K

Balance of trade

Germany Mali
Current account balance
$228B
2025
-$1.16B
2024
Current account balance ranking
2/190
2025
122/190
2024
Current account balance, % of GDP
+4.51%
2025
-4.33%
2024
Goods imports
$1.32T
2025
$5.49B
2024
Goods exports
$1.53T
2025
$5.48B
2024
Service imports
$602B
2025
$1.8B
2024
Service exports
$518B
2025
$516M
2024
Imports of goods and services, % of GDP
38.1%
2025
26.7%
2025
Exports of goods and services, % of GDP
40.4%
2025
22.1%
2025

Economic freedom indices

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

Germany Mali
Economic freedom 71.7 52.1
Economic freedom ranking 30/197 150/197
Property rights 95.5 13.8
Government integrity 84.5 23.2
Judicial effectiveness 94.6 23.3
Tax burden 60.5 67.9
Government spending 28.8 81.8
Fiscal health 83.1 73.6
Business freedom 79.8 40.8
Labor freedom 52.2 54.1
Monetary freedom 72.5 78.2
Trade freedom 79.4 64
Investment freedom 60 65
Financial freedom 70 40

Economic freedom comparison by year

Germany
Mali
1x
Year Economic freedom index
Germany Mali
2026 71.7 52.1
2025 71.6 52.6
2024 72.1 52.5
2023 73.7 54.5
2022 76.1 55.9
2021 72.5 55.6
2020 73.5 55.9
2019 73.5 58.1
2018 74.2 57.6
2017 73.8 58.6
2016 74.4 56.5
2015 73.8 56.4
2014 73.4 55.5
2013 72.8 56.4
2012 71 55.8
2011 71.8 56.3
2010 71.1 55.6
2009 70.5 55.6
2008 70.6 55.6
2007 70.8 54.7
2006 70.8 54.1
2005 68.1 57.3
2004 69.5 56.6
2003 69.7 58.6
2002 70.4 61.1
2001 69.5 60.1
2000 65.7 60.3
1999 65.6 58.4
1998 64.3 57.3
1997 67.5 56.4
1996 69.1 57
1995 69.8 52.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Germany is 71.7, ranking 30/197, 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

Germany Mali
Services, % of GDP
64.5%
2025
36.6%
2025
Industry, % of GDP
25.2%
2025
23.4%
2025
Agriculture, forestry, and fishing, % of GDP
0.87%
2025
33%
2025
GNI, Atlas method
$5.03T
2025
$28.3B
2025
GNI per capita, PPP
$78,140
2025
$3,400
2025
Total reserves including gold
$572B
2025
n/a
Total reserves ranking
7/177
2025
n/a
Net foreign direct investment
$12.9B
2025
-$843M
2024
Net inflows of foreign direct investment
$62.6B
2024
$921M
2024
Net outflows of foreign direct investment
$87B
2024
$78.1M
2024
Servicing debt to the IMF, % of GNI n/a
1.42%
2024
Poverty at national poverty lines
14.8%
2021
43.3%
2024
Gross capital formation, % of GDP
21.9%
2025
20%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
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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.