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Economy of Mali vs Malta compared: GDP & Debt

Updated on by Georank

Mali has a GDP of $30.1B compared to $27.8B for Malta, ranking 114/197 and 118/197 by economy size, respectively.

Mali has $12.6B in government debt (41.9% of GDP), compared to $13B (46.8% of GDP) in Malta.

Mali vs Malta GDP by year

Mali
Malta
1x
Year GDP, current $
Mali Malta
2025 $30,069,148,581 $27,771,821,561
2024 $26,761,281,077 $25,042,712,191
2023 $24,777,941,861 $22,625,329,776
2022 $22,539,987,719 $18,938,869,147
2021 $22,999,245,263 $19,730,119,031
2020 $20,698,560,939 $16,404,655,808
2019 $20,477,421,885 $16,337,788,881
2018 $20,368,015,381 $16,153,785,817
2017 $18,308,362,040 $14,161,374,599
2016 $16,743,796,800 $12,025,777,078
2015 $15,583,181,170 $11,340,789,706
2014 $17,081,681,993 $11,888,029,752
2013 $15,747,192,681 $10,796,780,874
2012 $14,795,114,603 $9,609,530,619
2011 $15,452,791,789 $9,789,363,086
2010 $12,710,739,160 $9,097,044,301
2009 $12,155,217,833 $8,769,897,418
2008 $11,462,490,840 $9,172,399,573
2007 $9,699,047,443 $7,908,412,374
2006 $8,212,007,554 $6,749,838,862
2005 $7,429,066,952 $6,393,234,965
2004 $6,485,774,930 $6,104,141,501
2003 $5,605,613,011 $5,418,315,225
2002 $4,647,238,257 $4,455,127,398
2001 $4,124,281,594 $4,070,867,153
2000 $3,521,570,876 $4,036,809,767
1999 $4,091,446,054 $4,111,857,836
1998 $3,894,433,432 $4,010,111,652
1997 $3,414,879,486 $3,787,023,655
1996 $3,743,103,420 $3,822,547,151
1995 $3,373,322,735 $3,709,396,089
1994 $2,655,768,636 $2,998,505,428
1993 $3,632,801,877 $2,709,193,538
1992 $3,680,775,037 $3,021,942,759
1991 $3,576,562,682 $2,750,216,747
1990 $3,248,417,791 $2,547,328,748
1989 $2,824,822,489 $2,118,655,677
1988 $2,712,207,901 $2,019,503,068
1987 $2,437,004,680 $1,751,293,461
1986 $2,132,938,007 $1,435,038,441
1985 $1,594,347,021 $1,117,797,439
1984 $1,387,809,615 $1,101,807,023
1983 $1,496,616,127 $1,165,729,707
1982 $1,680,304,773 $1,234,474,404
1981 $2,234,583,940 $1,243,509,394
1980 $2,704,362,789 $1,250,198,601
1979 $1,595,422,956 $1,001,288,847
1978 $1,222,702,573 $793,673,402
1977 $1,049,838,548 $625,563,171
1976 $939,228,017 $527,936,989
1975 $830,710,615 $474,618,321
1974 $538,747,340 $376,081,124
1973 $563,683,703 $345,616,106
1972 $486,617,280 $295,106,628
1971 $395,218,629 $264,578,485
1970 $359,772,315 $250,728,796
1969 $339,913,867 -
1968 $343,771,973 -
1967 $275,494,478 -

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

GDP per capita in Mali vs Malta by year

Mali
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mali Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,193 - $47,907 -
2024 $1,093 $3,315 $44,024 $69,864
2023 $1,042 $3,175 $40,933 $67,057
2022 $977 $3,014 $35,659 $60,589
2021 $1,027 $2,796 $38,078 $56,852
2020 $953 $2,724 $31,823 $49,972
2019 $972 $2,820 $32,422 $51,393
2018 $996 $2,684 $33,382 $48,178
2017 $924 $2,607 $30,317 $45,764
2016 $872 $2,532 $26,459 $41,000
2015 $838 $2,330 $25,530 $38,369
2014 $948 $2,185 $27,425 $35,206
2013 $902 $2,059 $25,416 $33,138
2012 $873 $1,990 $22,878 $30,716
2011 $938 $2,046 $23,517 $29,426
2010 $797 $2,012 $21,947 $28,909
2009 $787 $1,945 $21,262 $26,782
2008 $767 $1,893 $22,406 $26,654
2007 $671 $1,852 $19,444 $25,012
2006 $587 $1,832 $16,654 $23,219
2005 $549 $1,771 $15,831 $22,227
2004 $495 $1,730 $15,212 $21,566
2003 $442 $1,715 $13,594 $20,813
2002 $378 $1,581 $11,251 $19,532
2001 $346 $1,559 $10,358 $18,435
2000 $305 $1,357 $10,348 $18,214
1999 $364 $1,376 $10,609 $16,898
1998 $357 $1,332 $10,408 $16,219
1997 $321 $1,267 $9,893 $15,465
1996 $360 $1,224 $10,062 $14,661
1995 $331 $1,154 $9,828 $13,950
1994 $266.5 $1,147 $8,000 $12,938
1993 $372 $1,087 $7,296 $12,103
1992 $385 $1,039 $8,220 $11,429
1991 $382 $1,091 $7,559 $10,784
1990 $354 $956 $7,192 $10,086
1989 $314 - $6,041 -
1988 $307 - $5,814 -
1987 $280.7 - $5,084 -
1986 $250 - $4,195 -
1985 $190.4 - $3,322 -
1984 $169.1 - $3,333 -
1983 $186.3 - $3,527 -
1982 $213.8 - $3,788 -
1981 $290.5 - $3,898 -
1980 $359 - $3,948 -
1979 $216.3 - $3,196 -
1978 $169.1 - $2,559 -
1977 $148.1 - $2,038 -
1976 $134.9 - $1,727 -
1975 $121.5 - $1,560 -
1974 $80.2 - $1,245 -
1973 $85.4 - $1,144 -
1972 $75.1 - $976 -
1971 $62 - $874 -
1970 $57.3 - $828 -
1969 $55 - - -
1968 $56.5 - - -
1967 $46 - - -

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

Mali's GDP per capita is $1,193, ranking 174/197, compared to $47,907 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), Mali ranks 174th at $3,315, while Malta ranks 25th at $69,864.

Economic indicators

Mali Malta
Gross domestic product
$30.1B
2025
$27.8B
2025
GDP rank
114/197
2025
118/197
2025
GDP growth
5.6%
2024-2025
3.96%
2024-2025
GDP per capita
$1,193
2025
$47,907
2025
GDP per capita rank
174/197
2025
28/197
2025
GDP per capita, PPP
$3,315
2024
$69,864
2024
GDP per capita PPP rank
174/197
2024
25/197
2024
Government debt
$12.6B
2025
$13B
2025
Debt-to-GDP ratio
41.9%
2025
46.8%
2025
Government debt per person
$500
2025
$22,407
2025
Government debt per person rank
168/185
2025
30/185
2025
Average annual personal income after taxes
$1,949
2026
$22,914
2026
Market capitalization of domestic companies n/a
$5.35B
2025
Income share by richest 10%
28.3%
2021
24.7%
2023
Income share by poorest 10%
3.2%
2021
2.8%
2023
Government expenditure, % of GDP
20.9%
2025
37%
2025
Consumer prices inflation
2.3%
2024-2025
2.36%
2024-2025
Unemployment rate
4.5%
2024
3.1%
2025
Population
26322576
586345

Spending and national debt comparison by year

Mali
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Mali Malta
Government spending Government debt Government spending Government debt
2025 20.9% 41.9% 37% 46.8%
2024 21% 44% 37.4% 46%
2023 21.2% 44.3% 35.8% 46.8%
2022 20.8% 42.9% 38.4% 50.1%
2021 22.5% 43.2% 39.5% 49.6%
2020 22% 39.8% 42.1% 48.6%
2019 19.5% 34.3% 34.9% 39.2%
2018 17% 31.4% 34.5% 41.4%
2017 19.2% 30.1% 32.7% 45.6%
2016 18.6% 30.1% 35.5% 53.1%
2015 17.6% 25.8% 37.8% 55%
2014 16.8% 22.6% 39.6% 60.7%
2013 16.6% 22.2% 40.1% 64.9%
2012 13.1% 21.3% 41.7% 65.6%
2011 17.3% 20.1% 41.5% 68.9%
2010 17.4% 21.8% 40.1% 65%
2009 19.6% 18.8% 41.1% 66%
2008 16.2% 17.3% 42.1% 61.5%
2007 18.1% 15.6% 41.2% 62%
2006 18.9% 15.4% 42.5% 64.5%
2005 18.3% 39.5% 42.5% 70.2%
2004 18.5% 36.1% 42% 70.4%
2003 17.8% 37.7% 45.6% 68.6%
2002 16.8% 36% 43.6% 65.1%
2001 15.7% 66.3% 44.4% 70%
2000 16.5% 77% 42.9% 64.4%
1999 - - - 69.8%
1998 - - - 66.4%
1997 - - - 60.8%
1996 - - - 51.5%
1995 - - - 45.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Mali's government spending was $6.29B, accounting for 20.9% of its GDP, while Malta spent $10.3B, or 37% of GDP.

Debt-to-GDP ratio is 41.9% in Mali and 46.8% in Malta, ranking 125/185 and 113/185, respectively.

Government deficit by year

Deficit/surplus
Mali

Malta
1x
Year Deficit/surplus, % of GDP
Mali Malta
2025 -1.59% -3.1%
2024 -2.16% -3.51%
2023 -3.05% -4.43%
2022 -4.05% -5.33%
2021 -4.12% -6.96%
2020 -4.56% -8.71%
2019 -1.42% 0.72%
2018 -3.97% 1.86%
2017 -2.4% 3.4%
2016 -3.3% 1.1%
2015 -1.53% -0.84%
2014 -2.43% -1.49%
2013 -1.99% -2.19%
2012 -0.8% -3.31%
2011 -2.87% -2.99%
2010 -2.21% -2.22%
2009 -3.19% -3.11%
2008 -1.69% -4.06%
2007 -2.35% -2.05%
2006 23.7% -2.46%
2005 -2.34% -2.83%
2004 -2.01% -4.28%
2003 -1.01% -9.04%
2002 -2.61% -5.62%
2001 -2.39% -6.5%
2000 -2.25% -5.83%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08).

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

In 2025, Mali's government deficit, the difference between spending and revenue, was $478M, equivalent to 1.59% of GDP. This compares to Malta's deficit of $861M, or 3.1% of GDP.

Over the past 26 years, Mali recorded a fiscal deficit in 25 of those years, while Malta ran a deficit in 22 years. On average, Mali posted an annual deficit equal to 1.48% of GDP, compared to deficit of 3.22% of GDP for Malta.

Inflation comparison by year

Inflation
Mali

Malta
1x
Year Consumer prices inflation
Mali Malta
2025 2.3% 2.36%
2024 3.2% 1.65%
2023 2.1% 5.09%
2022 9.7% 6.15%
2021 3.8% 1.5%
2020 0.5% 0.64%
2019 -3% 1.64%
2018 1.9% 1.16%
2017 2.4% 1.36%
2016 -1.8% 0.64%
2015 1.4% 1.1%
2014 0.9% 0.31%
2013 -0.6% 1.18%
2012 5.3% 2.38%
2011 3% 2.96%
2010 1.2% 1.52%
2009 2.4% 2.08%
2008 9.2% 4.26%
2007 1.4% 1.25%
2006 1.6% 2.77%
2005 6.4% 3.01%
2004 -3.1% 2.79%
2003 -1.3% 1.3%
2002 5% 2.19%
2001 5.2% 2.93%
2000 -0.8% 2.37%
1999 -1.2% 2.13%
1998 4.1% 2.39%
1997 -0.7% 3.11%

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/mali/malta | CC BY

Over the past 29 years, Mali has recorded an average annual inflation rate of 2.09%, compared with 2.22% in Malta. In 2025, inflation was 2.3% in Mali and 2.36% in Malta.

Top exports between countries

Mali
Export category Export value
Processed food, beverages & tobacco $1.98M
Machinery & equipment $5K
Malta
Export category Export value
Processed food, beverages & tobacco $4.56M
Chemicals & pharma $264K
Raw agricultural goods $89K
Textiles & consumer goods $59K
Machinery & equipment $49K
Weapons & explosives $39K
Metals $4K
Wood & paper products $4K
Raw materials & minerals $1K

Balance of trade

Mali Malta
Current account balance
-$1.16B
2024
$1.78B
2024
Current account balance ranking
122/190
2024
45/190
2024
Current account balance, % of GDP
-4.33%
2024
+7.1%
2024
Goods imports
$5.49B
2024
$7.56B
2024
Goods exports
$5.48B
2024
$4.58B
2024
Service imports
$1.8B
2024
$17.4B
2024
Service exports
$516M
2024
$25B
2024
Imports of goods and services, % of GDP
26.7%
2025
99.9%
2025
Exports of goods and services, % of GDP
22.1%
2025
119.1%
2025

Economic freedom indices

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

Mali Malta
Economic freedom 52.1 68.2
Economic freedom ranking 150/197 49/197
Property rights 13.8 85.5
Government integrity 23.2 54.3
Judicial effectiveness 23.3 80.2
Tax burden 67.9 68.5
Government spending 81.8 58.4
Fiscal health 73.6 63.2
Business freedom 40.8 83.2
Labor freedom 54.1 62.6
Monetary freedom 78.2 73.1
Trade freedom 64 79.4
Investment freedom 65 60
Financial freedom 40 50

Economic freedom comparison by year

Mali
Malta
1x
Year Economic freedom index
Mali Malta
2026 52.1 68.2
2025 52.6 66.8
2024 52.5 64.5
2023 54.5 67.5
2022 55.9 71.5
2021 55.6 70.2
2020 55.9 69.5
2019 58.1 68.6
2018 57.6 68.5
2017 58.6 67.7
2016 56.5 66.7
2015 56.4 66.5
2014 55.5 66.4
2013 56.4 67.5
2012 55.8 67
2011 56.3 65.7
2010 55.6 67.2
2009 55.6 66.1
2008 55.6 66
2007 54.7 66.1
2006 54.1 67.3
2005 57.3 68.9
2004 56.6 63.3
2003 58.6 61.1
2002 61.1 62.2
2001 60.1 62.9
2000 60.3 58.3
1999 58.4 59.3
1998 57.3 61.2
1997 56.4 57.9
1996 57 55.8
1995 52.4 56.3

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

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

The Economic Freedom Index for Mali is 52.1, ranking 150/197, compared to 68.2 for Malta, ranking 49/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mali Malta
Services, % of GDP
36.6%
2025
81.3%
2025
Industry, % of GDP
23.4%
2025
10.1%
2025
Agriculture, forestry, and fishing, % of GDP
33%
2025
0.47%
2025
GNI, Atlas method
$28.3B
2025
$24B
2025
GNI per capita, PPP
$3,400
2025
$64,900
2025
Total reserves including gold n/a
$1.54B
2025
Total reserves ranking n/a
134/177
2025
Net foreign direct investment
-$843M
2024
-$6.13B
2024
Net inflows of foreign direct investment
$921M
2024
$42.6B
2024
Net outflows of foreign direct investment
$78.1M
2024
$36.5B
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
n/a
Poverty at national poverty lines
43.3%
2024
16.7%
2021
Gross capital formation, % of GDP
20%
2025
18.7%
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/mali/malta | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2020–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.