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Economy of Mali vs Mauritania compared: GDP & Debt

Updated on by Georank

Mali has a GDP of $30.1B compared to $11.7B for Mauritania, ranking 114/197 and 153/197 by economy size, respectively.

Mali has $12.6B in government debt (41.9% of GDP), compared to $4.68B (40.1% of GDP) in Mauritania.

Mali vs Mauritania GDP by year

Mali
Mauritania
1x
Year GDP, current $
Mali Mauritania
2025 $30,069,148,581 $11,679,910,946
2024 $26,761,281,077 $10,879,212,033
2023 $24,777,941,861 $10,687,541,640
2022 $22,539,987,719 $9,562,497,461
2021 $22,999,245,263 $9,221,044,667
2020 $20,698,560,939 $8,260,567,357
2019 $20,477,421,885 $7,894,764,886
2018 $20,368,015,381 $7,475,471,310
2017 $18,308,362,040 $6,812,472,965
2016 $16,743,796,800 $6,407,900,701
2015 $15,583,181,170 $6,182,303,677
2014 $17,081,681,993 $6,615,483,550
2013 $15,747,192,681 $7,230,646,063
2012 $14,795,114,603 $6,728,208,836
2011 $15,452,791,789 $6,764,627,746
2010 $12,710,739,160 $5,628,878,798
2009 $12,155,217,833 $4,714,595,548
2008 $11,462,490,840 $5,206,437,194
2007 $9,699,047,443 $4,346,212,355
2006 $8,212,007,554 $3,919,577,286
2005 $7,429,066,952 $2,936,019,526
2004 $6,485,774,930 $2,362,501,023
2003 $5,605,613,011 $2,051,147,607
2002 $4,647,238,257 $1,777,057,481
2001 $4,124,281,594 $1,746,063,558
2000 $3,521,570,876 $1,779,520,886
1999 $4,091,446,054 $1,985,922,776
1998 $3,894,433,432 $2,032,347,665
1997 $3,414,879,486 $2,071,996,564
1996 $3,743,103,420 $2,132,087,009
1995 $3,373,322,735 $2,091,726,101
1994 $2,655,768,636 $1,944,876,755
1993 $3,632,801,877 $1,847,353,211
1992 $3,680,775,037 $2,164,298,425
1991 $3,576,562,682 $2,133,692,697
1990 $3,248,417,791 $1,506,914,408
1989 $2,824,822,489 $1,450,647,019
1988 $2,712,207,901 $1,414,951,290
1987 $2,437,004,680 $1,344,664,725
1986 $2,132,938,007 $1,186,628,778
1985 $1,594,347,021 $1,009,723,326
1984 $1,387,809,615 $1,074,373,230
1983 $1,496,616,127 $1,165,171,263
1982 $1,680,304,773 $1,108,776,653
1981 $2,234,583,940 $1,105,494,682
1980 $2,704,362,789 $1,047,925,106
1979 $1,595,422,956 $951,900,945
1978 $1,222,702,573 $804,629,877
1977 $1,049,838,548 $799,030,017
1976 $939,228,017 $775,045,517
1975 $830,710,615 $703,377,837
1974 $538,747,340 $613,010,553
1973 $563,683,703 $493,237,876
1972 $486,617,280 $391,669,449
1971 $395,218,629 $335,568,907
1970 $359,772,315 $309,405,316
1969 $339,913,867 $295,062,308
1968 $343,771,973 $311,395,937
1967 $275,494,478 $282,615,310
1966 - $266,533,605
1965 - $255,340,475
1964 - $224,495,744
1963 - $168,186,297
1962 - $164,271,558
1961 - $159,213,430

Data sources: World Bank | Economy & Growth (1961–2025, retrieved 2026-07-08).

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

GDP per capita in Mali vs Mauritania by year

Mali
GDP per capita

GDP per capita, PPP
Mauritania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mali Mauritania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,193 - $2,198 -
2024 $1,093 $3,315 $2,105 $7,369
2023 $1,042 $3,175 $2,128 $6,966
2022 $977 $3,014 $1,961 $6,485
2021 $1,027 $2,796 $1,947 $5,837
2020 $953 $2,724 $1,796 $5,741
2019 $972 $2,820 $1,767 $5,610
2018 $996 $2,684 $1,723 $5,429
2017 $924 $2,607 $1,618 $5,353
2016 $872 $2,532 $1,568 $4,683
2015 $838 $2,330 $1,559 $3,978
2014 $948 $2,185 $1,719 $3,865
2013 $902 $2,059 $1,936 $3,831
2012 $873 $1,990 $1,859 $3,465
2011 $938 $2,046 $1,931 $3,271
2010 $797 $2,012 $1,660 $3,178
2009 $787 $1,945 $1,435 $3,159
2008 $767 $1,893 $1,636 $3,236
2007 $671 $1,852 $1,405 $3,278
2006 $587 $1,832 $1,301 $3,342
2005 $549 $1,771 $999 $2,809
2004 $495 $1,730 $824 $2,570
2003 $442 $1,715 $732 $2,447
2002 $378 $1,581 $649 $2,296
2001 $346 $1,559 $652 $2,280
2000 $305 $1,357 $681 $2,304
1999 $364 $1,376 $781 $2,411
1998 $357 $1,332 $821 $2,355
1997 $321 $1,267 $859 $2,325
1996 $360 $1,224 $904 $2,436
1995 $331 $1,154 $905 $2,306
1994 $266.5 $1,147 $865 $2,114
1993 $372 $1,087 $850 $2,209
1992 $385 $1,039 $1,036 $2,122
1991 $382 $1,091 $1,062 $2,116
1990 $354 $956 $772 $2,070
1989 $314 - $762 -
1988 $307 - $762 -
1987 $280.7 - $746 -
1986 $250 - $677 -
1985 $190.4 - $593 -
1984 $169.1 - $650 -
1983 $186.3 - $725 -
1982 $213.8 - $710 -
1981 $290.5 - $729 -
1980 $359 - $711 -
1979 $216.3 - $664 -
1978 $169.1 - $578 -
1977 $148.1 - $590 -
1976 $134.9 - $589 -
1975 $121.5 - $551 -
1974 $80.2 - $494 -
1973 $85.4 - $410 -
1972 $75.1 - $335 -
1971 $62 - $296 -
1970 $57.3 - $281.3 -
1969 $55 - $276.6 -
1968 $56.5 - $301 -
1967 $46 - $281.5 -
1966 - - $273.6 -
1965 - - $270 -
1964 - - $244.3 -
1963 - - $188.2 -
1962 - - $189 -
1961 - - $188.2 -

Data sources: World Bank | Economy & Growth (1961–2025, retrieved 2026-07-08).

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

Mali's GDP per capita is $1,193, ranking 174/197, compared to $2,198 in Mauritania, ranking 156/197. Adjusted for purchasing power (GDP per capita PPP), Mali ranks 174th at $3,315, while Mauritania ranks 147th at $7,369.

Economic indicators

Mali Mauritania
Gross domestic product
$30.1B
2025
$11.7B
2025
GDP rank
114/197
2025
153/197
2025
GDP growth
5.6%
2024-2025
4.03%
2024-2025
GDP per capita
$1,193
2025
$2,198
2025
GDP per capita rank
174/197
2025
156/197
2025
GDP per capita, PPP
$3,315
2024
$7,369
2024
GDP per capita PPP rank
174/197
2024
147/197
2024
Government debt
$12.6B
2025
$4.68B
2025
Debt-to-GDP ratio
41.9%
2025
40.1%
2025
Government debt per person
$500
2025
$881
2025
Government debt per person rank
168/185
2025
147/185
2025
Average annual personal income after taxes
$1,949
2026
$2,242
2026
Income share by richest 10%
28.3%
2021
24.6%
2019
Income share by poorest 10%
3.2%
2021
3.1%
2019
Government expenditure, % of GDP
20.9%
2025
23.4%
2025
Consumer prices inflation
2.3%
2024-2025
1.55%
2024-2025
Unemployment rate
4.5%
2024
10.4%
2019
Population
26322576
5539189

Spending and national debt comparison by year

Mali
Spending

Debt
Mauritania
Spending

Debt
1x
Year % of GDP
Mali Mauritania
Government spending Government debt Government spending Government debt
2025 20.9% 41.9% 23.4% 40.1%
2024 21% 44% 23.6% 45.1%
2023 21.2% 44.3% 24.8% 48.6%
2022 20.8% 42.9% 28.7% 50.3%
2021 22.5% 43.2% 20.8% 54.5%
2020 22% 39.8% 18.5% 56.5%
2019 19.5% 34.3% 17.8% 57.7%
2018 17% 31.4% 19% 59.2%
2017 19.2% 30.1% 20.3% 55.7%
2016 18.6% 30.1% 20.8% 57.6%
2015 17.6% 25.8% 25.7% 59.9%
2014 16.8% 22.6% 23.9% 49.5%
2013 16.6% 22.2% 20.1% 40.7%
2012 13.1% 21.3% 21.5% 39.3%
2011 17.3% 20.1% 17% 38.8%
2010 17.4% 21.8% 17.3% 43.9%
2009 19.6% 18.8% 19.6% 54.3%
2008 16.2% 17.3% 19.8% 57.2%
2007 18.1% 15.6% 19.7% 61.5%
2006 18.9% 15.4% 19% 38%
2005 18.3% 39.5% 21.3% 71.1%
2004 18.5% 36.1% 23.9% 22%
2003 17.8% 37.7% - 22.9%
2002 16.8% 36% - 59.5%
2001 15.7% 66.3% - 63.5%
2000 16.5% 77% - 55.5%

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

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

In 2025, Mali's government spending was $6.29B, accounting for 20.9% of its GDP, while Mauritania spent $2.73B, or 23.4% of GDP.

Debt-to-GDP ratio is 41.9% in Mali and 40.1% in Mauritania, ranking 125/185 and 134/185, respectively.

Government deficit by year

Deficit/surplus
Mali

Mauritania
1x
Year Deficit/surplus, % of GDP
Mali Mauritania
2025 -1.59% -0.3%
2024 -2.16% -1.35%
2023 -3.05% -2.45%
2022 -4.05% -3.09%
2021 -4.12% 2.6%
2020 -4.56% 2.78%
2019 -1.42% 2.65%
2018 -3.97% 3.23%
2017 -2.4% 0.53%
2016 -3.3% 0.13%
2015 -1.53% -2.44%
2014 -2.43% -2.64%
2013 -1.99% -0.66%
2012 -0.8% 1.67%
2011 -2.87% 0.07%
2010 -2.21% -0.45%
2009 -3.19% -3.59%
2008 -1.69% -3.32%
2007 -2.35% -1.38%
2006 23.7% 2.05%
2005 -2.34% -3.16%
2004 -2.01% -3.06%
2003 -1.01% -
2002 -2.61% -
2001 -2.39% -
2000 -2.25% -

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

GeoRank.org/economy/mali/mauritania | 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 Mauritania's deficit of $34.8M, or 0.3% of GDP.

Over the past 22 years, Mali recorded a fiscal deficit in 21 of those years, while Mauritania ran a deficit in 13 years. On average, Mali posted an annual deficit equal to 1.38% of GDP, compared to deficit of 0.55% of GDP for Mauritania.

Inflation comparison by year

Inflation
Mali

Mauritania
1x
Year Consumer prices inflation
Mali Mauritania
2025 2.3% 1.55%
2024 3.2% 2.49%
2023 2.1% 4.95%
2022 9.7% 9.53%
2021 3.8% 3.57%
2020 0.5% 2.39%
2019 -3% 2.3%
2018 1.9% 3.07%
2017 2.4% 2.25%
2016 -1.8% 1.47%
2015 1.4% 3.25%
2014 0.9% 3.53%
2013 -0.6% 4.13%
2012 5.3% 4.9%
2011 3% 5.69%
2010 1.2% 6.28%
2009 2.4% 2.22%
2008 9.2% 7.35%
2007 1.4% 7.25%
2006 1.6% 6.24%
2005 6.4% 12.1%
2004 -3.1% 10.4%
2003 -1.3% 5.15%
2002 5% 3.9%
2001 5.2% 4.71%
2000 -0.8% 3.25%
1999 -1.2% 4.07%
1998 4.1% 8.03%
1997 -0.7% 4.63%

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/mauritania | CC BY

Over the past 29 years, Mali has recorded an average annual inflation rate of 2.09%, compared with 4.85% in Mauritania. In 2025, inflation was 2.3% in Mali and 1.55% in Mauritania.

Top exports between countries

Mali
Export category Export value
Raw materials & minerals $4.92M
Processed food, beverages & tobacco $1.8M
Raw agricultural goods $1.34M
Machinery & equipment $864K
Textiles & consumer goods $306K
Metals $124K
Chemicals & pharma $120K
Weapons & explosives $89K
Wood & paper products $18K
Miscellaneous $1K
Mauritania
Export category Export value
Animal & marine products $30.4M
Raw materials & minerals $1.26M
Metals $428K
Machinery & equipment $382K
Chemicals & pharma $131K
Textiles & consumer goods $31K
Raw agricultural goods $20K
Weapons & explosives $13K
Processed food, beverages & tobacco $1K

Balance of trade

Mali Mauritania
Current account balance
-$1.16B
2024
-$1.04B
2024
Current account balance ranking
122/190
2024
118/190
2024
Current account balance, % of GDP
-4.33%
2024
-9.55%
2024
Goods imports
$5.49B
2024
$4.32B
2024
Goods exports
$5.48B
2024
$3.83B
2024
Service imports
$1.8B
2024
$1.05B
2024
Service exports
$516M
2024
$230M
2024
Imports of goods and services, % of GDP
26.7%
2025
54.2%
2025
Exports of goods and services, % of GDP
22.1%
2025
39.9%
2025

Economic freedom indices

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

Mali Mauritania
Economic freedom 52.1 53.9
Economic freedom ranking 150/197 136/197
Property rights 13.8 32.6
Government integrity 23.2 24.5
Judicial effectiveness 23.3 26.4
Tax burden 67.9 75.5
Government spending 81.8 80.2
Fiscal health 73.6 87.9
Business freedom 40.8 38.7
Labor freedom 54.1 53.6
Monetary freedom 78.2 77.8
Trade freedom 64 59.6
Investment freedom 65 50
Financial freedom 40 40

Economic freedom comparison by year

Mali
Mauritania
1x
Year Economic freedom index
Mali Mauritania
2026 52.1 53.9
2025 52.6 54.9
2024 52.5 55.3
2023 54.5 55.3
2022 55.9 55.3
2021 55.6 56.1
2020 55.9 55.3
2019 58.1 55.7
2018 57.6 54
2017 58.6 54.4
2016 56.5 54.8
2015 56.4 53.3
2014 55.5 53.2
2013 56.4 52.3
2012 55.8 53
2011 56.3 52.1
2010 55.6 52
2009 55.6 53.9
2008 55.6 55.2
2007 54.7 53.6
2006 54.1 55.7
2005 57.3 59.4
2004 56.6 61.8
2003 58.6 59
2002 61.1 52.5
2001 60.1 48.5
2000 60.3 46
1999 58.4 42.8
1998 57.3 43.7
1997 56.4 47
1996 57 45.5
1995 52.4 -

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

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

The Economic Freedom Index for Mali is 52.1, ranking 150/197, compared to 53.9 for Mauritania, ranking 136/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mali Mauritania
Services, % of GDP
36.6%
2025
42.4%
2025
Industry, % of GDP
23.4%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
33%
2025
20%
2025
GNI, Atlas method
$28.3B
2025
$11.8B
2025
GNI per capita, PPP
$3,400
2025
$7,640
2025
Total reserves including gold n/a
$2.04B
2021
Total reserves ranking n/a
127/177
2021
Net foreign direct investment
-$843M
2024
-$1.44B
2024
Net inflows of foreign direct investment
$921M
2024
$1.44B
2024
Net outflows of foreign direct investment
$78.1M
2024
$3.9M
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
3.83%
2024
Poverty at national poverty lines
43.3%
2024
31.8%
2019
Gross capital formation, % of GDP
20%
2025
44.3%
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/mauritania | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, 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 (2021–2025, 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.