Madagascar vs Mali: Economic Indicators Comparison

Mali with a GDP of $17.2B ranked the 120th largest economy in the world, while Madagascar ranked 130th with $13.9B. By GDP 5-years average growth and GDP per capita, Mali and Madagascar ranked 24th vs 55th and 174th vs 190th, respectively.

Gross Domestic Product & Income

StatMadagascarMali
GDP$13.9B$17.2B
GDP growth, 1 year5.2%4.9%
GDP growth, 5-years average4%5.9%
Population25.6M18.5M
GDP per capita$528$900
GDP per capita growth1.81%1.79%
Purchasing Power Parity conversion factor929.9215.81
Price level ratio of PPP conversion factor GDP to market exchange rate0.280.39
GDP per capita, PPP adjusted$1.6k$2.4k
GNI, Atlas method$13.3B$16B
GNI per capita$510$840
GNI, PPP adjusted$48.2B$43B
GNI per capita, PPP adjusted$1.8k$2.3k

Financial system and Human development

StatMadagascarMali
Income Tax Rate20%40%
Corporate Tax Rate20%35%
Inflation, consumer prices7.3%1.7%
Inflation, GDP deflator7.6%1.8%
Unemployment1.7%9.6%
Economic Freedom Index60.555.9
Personal Freedom Index7.296.2
Human Freedom Index6.696.07
Property Rights Index45.636.1
Judical Effectiveness Index39.632.7
Business Freedom Index47.349.2
Fiscal Health Index90.673.6
Labor Freedom Index44.652.2
Investment Freedom Index5565
Financial Freedom Index5040
Trade Freedom Index73.665
Monetary Freedom Index72.781.6
Government Spending Index91.585.8
Tax Burden Index90.769.2
Government Integrity Index2520.7
Corruption Perceptions Index2532
Life expectancy at birth, years66.358.5
Suicide mortality rate, per 100,000 people3.94.8
Mortality caused by road traffic injury, per 100,000 people28.623.1
Intentional homicides, per 100,000 people7.710.9
International tourism, number of arrivals291k14k

Government debt & reserves

StatMadagascarMali
Central government debt, % of GDP39.7%36.6%
External debt stocks, % of GNI31.8%29.5%
External debt stocks$3.7B$4.9B
Short-term debt, % of total reserves15.6%N/A
Total debt service, % of exports and primary income2.7%4.4%
Adjusted net savings including particulate emission damage, % of GNI7.7%-2.3%
Gross savings, % of GDP18.6%14.8%
Gross capital formation, % of GDP19.6%20.3%
Total reserves including gold$1.7BN/A
Foreign direct investment net inflows$612M$467.1M

Exports, imports and economic structure

StatMadagascarMali
Exports of goods and services, % of GDP28.7%23.6%
Imports of goods and services, % of GDP33.8%34.1%
Current account balance (balance of payments)$80.1M-$1.2B
Revenue excluding grants, % of GDP11.4%17.4%
Grants excluding technical cooperation, BoP$373.7M$1B
Personal remittances received$425.5M$1B
Industry including construction value added, % of GDP23.1%19.1%
Agriculture, forestry and fishing value added, % of GDP23.8%38.7%
Charges for the use of intellectual property, payments BoP$17.1M$2M
Charges for the use of intellectual property, receipts BoP$4.5M$46k
Expense, % of GDP9.8%12.5%
Government Expenditure, % of GDP16.8%21.8%

Compare with countries close by GDP per capita

Madagascar vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M

Mali vs

CountryGDP
per capita
Population
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M