Mali vs Nigeria: Economic Indicators Comparison
Gross Domestic Product & Income
| Stat |  Mali |  Nigeria |
|---|---|---|
| GDP | $17.2B | $397.3B |
| GDP growth, 1 year | 4.9% | 1.9% |
| GDP growth, 5-years average | 5.9% | 2% |
| Population | 18.5M | 190.9M |
| GDP per capita | $900 | $2k |
| GDP per capita growth | 1.79% | -0.67% |
| Purchasing Power Parity conversion factor | 215.81 | 110.03 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.39 | 0.34 |
| GDP per capita, PPP adjusted | $2.4k | $6k |
| GNI, Atlas method | $16B | $384.8B |
| GNI per capita | $840 | $2k |
| GNI, PPP adjusted | $43B | $1.1T |
| GNI per capita, PPP adjusted | $2.3k | $5.7k |
Financial system and Human development
| Stat | Mali | Nigeria |
|---|---|---|
| Income Tax Rate | 40% | 24% |
| Corporate Tax Rate | 35% | 30% |
| Inflation, consumer prices | 1.7% | 12.1% |
| Inflation, GDP deflator | 1.8% | 10.2% |
| Unemployment | 9.6% | 6% |
| Economic Freedom Index | 55.9 | 57.2 |
| Personal Freedom Index | 6.2 | 6.01 |
| Human Freedom Index | 6.07 | 6.1 |
| Property Rights Index | 36.1 | 38.1 |
| Judical Effectiveness Index | 32.7 | 32.2 |
| Business Freedom Index | 49.2 | 54.7 |
| Fiscal Health Index | 73.6 | 64.1 |
| Labor Freedom Index | 52.2 | 84 |
| Investment Freedom Index | 65 | 45 |
| Financial Freedom Index | 40 | 40 |
| Trade Freedom Index | 65 | 62.4 |
| Monetary Freedom Index | 81.6 | 61.7 |
| Government Spending Index | 85.8 | 96.2 |
| Tax Burden Index | 69.2 | 85.1 |
| Government Integrity Index | 20.7 | 22.3 |
| Corruption Perceptions Index | 32 | 27 |
| Life expectancy at birth, years | 58.5 | 54 |
| Suicide mortality rate, per 100,000 people | 4.8 | 9.5 |
| Mortality caused by road traffic injury, per 100,000 people | 23.1 | 21.4 |
| Intentional homicides, per 100,000 people | 10.9 | 9.9 |
| International tourism, number of arrivals | 14k | 5.3M |
Government debt & reserves
| Stat | Mali | Nigeria |
|---|---|---|
| Central government debt, % of GDP | 36.6% | 28.4% |
| External debt stocks, % of GNI | 29.5% | 12.4% |
| External debt stocks | $4.9B | $47B |
| Short-term debt, % of total reserves | N/A | 0% |
| Total debt service, % of exports and primary income | 4.4% | 8.3% |
| Adjusted net savings including particulate emission damage, % of GNI | -2.3% | 1.4% |
| Gross savings, % of GDP | 14.8% | 19.3% |
| Gross capital formation, % of GDP | 20.3% | 19.8% |
| Total reserves including gold | N/A | $42.8B |
| Foreign direct investment net inflows | $467.1M | $2B |
Exports, imports and economic structure
| Stat | Mali | Nigeria |
|---|---|---|
| Exports of goods and services, % of GDP | 23.6% | 15.5% |
| Imports of goods and services, % of GDP | 34.1% | 17.5% |
| Current account balance (balance of payments) | -$1.2B | $5.3B |
| Revenue excluding grants, % of GDP | 17.4% | N/A |
| Grants excluding technical cooperation, BoP | $1B | $2B |
| Personal remittances received | $1B | $24.3B |
| Industry including construction value added, % of GDP | 19.1% | 25.7% |
| Agriculture, forestry and fishing value added, % of GDP | 38.7% | 21.2% |
| Charges for the use of intellectual property, payments BoP | $2M | $252.8M |
| Charges for the use of intellectual property, receipts BoP | $46k | $7.8M |
| Expense, % of GDP | 12.5% | N/A |
| Government Expenditure, % of GDP | 21.8% | 11.2% |
