Mali vs Mongolia: Economic Indicators Comparison

Mali with a GDP of $17.2B ranked the 120th largest economy in the world, while Mongolia ranked 134th with $13.1B. By GDP 5-years average growth and GDP per capita, Mali and Mongolia ranked 24th vs 39th and 174th vs 118th, respectively.

Gross Domestic Product & Income

StatMaliMongolia
GDP$17.2B$13.1B
GDP growth, 1 year4.9%6.9%
GDP growth, 5-years average5.9%4.7%
Population18.5M3.1M
GDP per capita$900$4.1k
GDP per capita growth1.79%5.32%
Purchasing Power Parity conversion factor215.81738.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.3
GDP per capita, PPP adjusted$2.4k$13k
GNI, Atlas method$16B$11.6B
GNI per capita$840$3.7k
GNI, PPP adjusted$43B$39.6B
GNI per capita, PPP adjusted$2.3k$13k

Financial system and Human development

StatMaliMongolia
Income Tax Rate40%10%
Corporate Tax Rate35%25%
Inflation, consumer prices1.7%7.7%
Inflation, GDP deflator1.8%8.1%
Unemployment9.6%6.3%
Economic Freedom Index55.955.9
Personal Freedom Index6.27.63
Human Freedom Index6.077.17
Property Rights Index36.150.3
Judical Effectiveness Index32.723
Business Freedom Index49.263.6
Fiscal Health Index73.69.3
Labor Freedom Index52.275.7
Investment Freedom Index6550
Financial Freedom Index4060
Trade Freedom Index6574
Monetary Freedom Index81.674.2
Government Spending Index85.866.6
Tax Burden Index69.287.4
Government Integrity Index20.736.9
Corruption Perceptions Index3237
Life expectancy at birth, years58.569.5
Suicide mortality rate, per 100,000 people4.813
Mortality caused by road traffic injury, per 100,000 people23.116.5
Intentional homicides, per 100,000 people10.96.2
International tourism, number of arrivals14k529k

Government debt & reserves

StatMaliMongolia
Central government debt, % of GDP36.6%73.3%
External debt stocks, % of GNI29.5%253.9%
External debt stocks$4.9B$29.4B
Short-term debt, % of total reservesN/A87.3%
Total debt service, % of exports and primary income4.4%101.6%
Adjusted net savings including particulate emission damage, % of GNI-2.3%-10.3%
Gross savings, % of GDP14.8%30.3%
Gross capital formation, % of GDP20.3%43.1%
Total reserves including goldN/A$3.5B
Foreign direct investment net inflows$467.1M$2B

Exports, imports and economic structure

StatMaliMongolia
Exports of goods and services, % of GDP23.6%58.7%
Imports of goods and services, % of GDP34.1%64.2%
Current account balance (balance of payments)-$1.2B-$1.9B
Revenue excluding grants, % of GDP17.4%24.9%
Grants excluding technical cooperation, BoP$1B$115.6M
Personal remittances received$1B$440.6M
Industry including construction value added, % of GDP19.1%38.7%
Agriculture, forestry and fishing value added, % of GDP38.7%10.8%
Charges for the use of intellectual property, payments BoP$2M$16.1M
Charges for the use of intellectual property, receipts BoP$46k$1.4M
Expense, % of GDP12.5%23.8%
Government Expenditure, % of GDP21.8%33.4%

Compare with countries close by GDP per capita

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

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k