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Economy of Mali vs Qatar compared: GDP & Debt

Updated on by Georank

Mali has a GDP of $30.1B compared to $216B for Qatar, ranking 114/197 and 56/197 by economy size, respectively.

Mali has $12.6B in government debt (41.9% of GDP), compared to $89.2B (41.4% of GDP) in Qatar.

Mali vs Qatar GDP by year

Mali
Qatar
1x
Year GDP, current $
Mali Qatar
2025 $30,069,148,581 $215,559,615,385
2024 $26,761,281,077 $216,294,505,495
2023 $24,777,941,861 $213,002,809,341
2022 $22,539,987,719 $235,709,325,714
2021 $22,999,245,263 $179,732,009,560
2020 $20,698,560,939 $144,411,363,352
2019 $20,477,421,885 $176,371,267,692
2018 $20,368,015,381 $183,334,953,819
2017 $18,308,362,040 $161,099,122,225
2016 $16,743,796,800 $151,732,181,868
2015 $15,583,181,170 $161,739,955,577
2014 $17,081,681,993 $206,224,598,571
2013 $15,747,192,681 $198,727,642,967
2012 $14,795,114,603 $186,833,502,363
2011 $15,452,791,789 $167,775,274,725
2010 $12,710,739,160 $125,122,252,747
2009 $12,155,217,833 $97,798,351,648
2008 $11,462,490,840 $115,269,780,220
2007 $9,699,047,443 $79,711,813,187
2006 $8,212,007,554 $60,882,142,857
2005 $7,429,066,952 $44,530,494,505
2004 $6,485,774,930 $31,734,065,934
2003 $5,605,613,011 $23,533,791,209
2002 $4,647,238,257 $19,363,736,264
2001 $4,124,281,594 $17,538,461,538
2000 $3,521,570,876 $17,759,890,110
1999 $4,091,446,054 $12,393,131,868
1998 $3,894,433,432 $10,255,494,505
1997 $3,414,879,486 $11,297,802,198
1996 $3,743,103,420 $9,059,340,659
1995 $3,373,322,735 $8,137,912,088
1994 $2,655,768,636 $7,374,450,549
1993 $3,632,801,877 $7,156,593,407
1992 $3,680,775,037 $7,646,153,846
1991 $3,576,562,682 $6,883,516,484
1990 $3,248,417,791 $7,360,439,560
1989 $2,824,822,489 $6,487,912,088
1988 $2,712,207,901 $6,038,186,813
1987 $2,437,004,680 $5,446,428,571
1986 $2,132,938,007 $5,053,021,978
1985 $1,594,347,021 $6,153,296,703
1984 $1,387,809,615 $6,870,329,670
1983 $1,496,616,127 $6,484,890,110
1982 $1,680,304,773 $7,611,263,736
1981 $2,234,583,940 $8,672,527,473
1980 $2,704,362,789 $7,837,915,956
1979 $1,595,422,956 $5,632,962,997
1978 $1,222,702,573 $4,052,000,413
1977 $1,049,838,548 $3,617,564,638
1976 $939,228,017 $3,284,273,987
1975 $830,710,615 $2,512,773,166
1974 $538,747,340 $2,401,403,227
1973 $563,683,703 $793,885,560
1972 $486,617,280 $510,262,500
1971 $395,218,629 $387,703,106
1970 $359,772,315 $301,791,302
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/qatar | CC BY

GDP per capita in Mali vs Qatar by year

Mali
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mali Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,193 - $72,525 -
2024 $1,093 $3,315 $75,685 $126,046
2023 $1,042 $3,175 $80,196 $129,368
2022 $977 $3,014 $88,701 $122,921
2021 $1,027 $2,796 $71,752 $116,833
2020 $953 $2,724 $51,684 $82,149
2019 $972 $2,820 $66,841 $107,503
2018 $996 $2,684 $71,040 $110,033
2017 $924 $2,607 $63,280 $99,358
2016 $872 $2,532 $61,254 $89,935
2015 $838 $2,330 $68,985 $102,546
2014 $948 $2,185 $95,841 $148,389
2013 $902 $2,059 $103,697 $169,203
2012 $873 $1,990 $108,470 $180,939
2011 $938 $2,046 $103,262 $174,620
2010 $797 $2,012 $77,387 $151,646
2009 $787 $1,945 $60,786 $125,898
2008 $767 $1,893 $80,781 $126,015
2007 $671 $1,852 $65,954 $124,056
2006 $587 $1,832 $62,582 $127,181
2005 $549 $1,771 $53,950 $115,250
2004 $495 $1,730 $41,036 $110,958
2003 $442 $1,715 $31,602 $94,120
2002 $378 $1,581 $27,227 $93,177
2001 $346 $1,559 $25,871 $89,805
2000 $305 $1,357 $27,535 $88,849
1999 $364 $1,376 $20,234 $84,690
1998 $357 $1,332 $17,665 $84,486
1997 $321 $1,267 $20,523 $79,219
1996 $360 $1,224 $17,125 $62,331
1995 $331 $1,154 $15,823 $60,321
1994 $266.5 $1,147 $14,765 $59,415
1993 $372 $1,087 $14,770 $59,125
1992 $385 $1,039 $16,280 $60,387
1991 $382 $1,091 $15,133 $54,759
1990 $354 $956 $16,722 $55,659
1989 $314 - $15,243 -
1988 $307 - $14,682 -
1987 $280.7 - $13,719 -
1986 $250 - $13,213 -
1985 $190.4 - $16,815 -
1984 $169.1 - $19,749 -
1983 $186.3 - $19,669 -
1982 $213.8 - $24,431 -
1981 $290.5 - $29,543 -
1980 $359 - $28,407 -
1979 $216.3 - $21,777 -
1978 $169.1 - $16,757 -
1977 $148.1 - $16,058 -
1976 $134.9 - $15,710 -
1975 $121.5 - $13,014 -
1974 $80.2 - $13,540 -
1973 $85.4 - $4,905 -
1972 $75.1 - $3,483 -
1971 $62 - $2,952 -
1970 $57.3 - $2,594 -
1969 $55 - - -
1968 $56.5 - - -
1967 $46 - - -

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

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

Mali's GDP per capita is $1,193, ranking 174/197, compared to $72,525 in Qatar, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Mali ranks 174th at $3,315, while Qatar ranks 5th at $126,046.

Economic indicators

Mali Qatar
Gross domestic product
$30.1B
2025
$216B
2025
GDP rank
114/197
2025
56/197
2025
GDP growth
5.6%
2024-2025
2.9%
2024-2025
GDP per capita
$1,193
2025
$72,525
2025
GDP per capita rank
174/197
2025
13/197
2025
GDP per capita, PPP
$3,315
2024
$126,046
2024
GDP per capita PPP rank
174/197
2024
5/197
2024
Government debt
$12.6B
2025
$89.2B
2025
Debt-to-GDP ratio
41.9%
2025
41.4%
2025
Government debt per person
$500
2025
$30,009
2025
Government debt per person rank
168/185
2025
24/185
2025
Average annual personal income after taxes
$1,949
2026
$37,042
2026
Market capitalization of domestic companies n/a
$177B
2025
Number of millionaires n/a
30,000
2026
Number of billionaires n/a
2
2026
Income share by richest 10%
28.3%
2021
25.8%
2017
Income share by poorest 10%
3.2%
2021
2.6%
2017
Government expenditure, % of GDP
20.9%
2025
27.1%
2025
Consumer prices inflation
2.3%
2024-2025
0.6%
2024-2025
Central bank interest rate n/a
4.1%
2025
Unemployment rate
4.5%
2024
0.1%
2024
Population
26322576
3058826

Spending and national debt comparison by year

Mali
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Mali Qatar
Government spending Government debt Government spending Government debt
2025 20.9% 41.9% 27.1% 41.4%
2024 21% 44% 26% 41.3%
2023 21.2% 44.3% 26.7% 42.8%
2022 20.8% 42.9% 24.3% 42.6%
2021 22.5% 43.2% 29.4% 58.4%
2020 22% 39.8% 34.7% 72.6%
2019 19.5% 34.3% 32.5% 62.1%
2018 17% 31.4% 28.9% 52.2%
2017 19.2% 30.1% 34.7% 51.6%
2016 18.6% 30.1% 40.1% 46.7%
2015 17.6% 25.8% 38.6% 35.5%
2014 16.8% 22.6% 32.3% 24.9%
2013 16.6% 22.2% 28.3% 30.9%
2012 13.1% 21.3% 31% 32.1%
2011 17.3% 20.1% 28.5% 33.5%
2010 17.4% 21.8% 32% 30.4%
2009 19.6% 18.8% 36.4% 36%
2008 16.2% 17.3% 23.5% 11.4%
2007 18.1% 15.6% 29.5% 9.37%
2006 18.9% 15.4% 29.5% 13.9%
2005 18.3% 39.5% 29% 19.1%
2004 18.5% 36.1% 29.9% 30.1%
2003 17.8% 37.7% 28.5% 38.8%
2002 16.8% 36% 31.6% 47.7%
2001 15.7% 66.3% 32.1% 59.2%
2000 16.5% 77% 29.8% 51.6%
1999 - - 42.4% 81.8%
1998 - - 55.1% 76.6%
1997 - - 47.6% 54.4%
1996 - - 55.2% 57.8%
1995 - - 52.2% 50.2%
1994 - - 59.8% 54.8%
1993 - - 62.8% 46.3%
1992 - - 54.2% 19.9%
1991 - - 57.5% 21.8%
1990 - - 50% 12.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Mali's government spending was $6.29B, accounting for 20.9% of its GDP, while Qatar spent $58.4B, or 27.1% of GDP.

Debt-to-GDP ratio is 41.9% in Mali and 41.4% in Qatar, ranking 125/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Mali

Qatar
1x
Year Deficit/surplus, % of GDP
Mali Qatar
2025 -1.59% -1%
2024 -2.16% 0.71%
2023 -3.05% 5.51%
2022 -4.05% 10.4%
2021 -4.12% 0.24%
2020 -4.56% -2.13%
2019 -1.42% 1%
2018 -3.97% 2.26%
2017 -2.4% -6.82%
2016 -3.3% -9.2%
2015 -1.53% 18.4%
2014 -2.43% 13.4%
2013 -1.99% 19.3%
2012 -0.8% 8.55%
2011 -2.87% 5.24%
2010 -2.21% 4.6%
2009 -3.19% 14.1%
2008 -1.69% 9.49%
2007 -2.35% 10.3%
2006 23.7% 8.39%
2005 -2.34% 9.8%
2004 -2.01% 17.7%
2003 -1.01% 6.71%
2002 -2.61% 7.89%
2001 -2.39% 4.48%
2000 -2.25% 4.62%
1999 - -4.35%
1998 - -7%
1997 - -9.4%
1996 - -8.73%
1995 - -5.78%
1994 - -11.8%
1993 - -9.53%
1992 - -2.74%
1991 - -2.57%
1990 - 3.23%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/mali/qatar | 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 Qatar's deficit of $2.16B, or 1% of GDP.

Over the past 26 years, Mali recorded a fiscal deficit in 25 of those years, while Qatar ran a deficit in 4 years. On average, Mali posted an annual deficit equal to 1.48% of GDP, compared to surplus of 6.31% of GDP for Qatar.

Inflation comparison by year

Inflation
Mali

Qatar
1x
Year Consumer prices inflation
Mali Qatar
2025 2.3% 0.6%
2024 3.2% 1.2%
2023 2.1% 3.1%
2022 9.7% 5%
2021 3.8% 2.3%
2020 0.5% -2.5%
2019 -3% -0.9%
2018 1.9% 0.1%
2017 2.4% 0.6%
2016 -1.8% 2.7%
2015 1.4% 0.9%
2014 0.9% 4.2%
2013 -0.6% 3.1%
2012 5.3% 1.8%
2011 3% 2%
2010 1.2% -2.4%
2009 2.4% -4.9%
2008 9.2% 15.1%
2007 1.4% 13.7%
2006 1.6% 11.7%
2005 6.4% 9%
2004 -3.1% 6.8%
2003 -1.3% 2.3%
2002 5% 0.2%
2001 5.2% 1.7%
2000 -0.8% 1.6%
1999 -1.2% 2.2%
1998 4.1% 2.9%
1997 -0.7% 2.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Mali has recorded an average annual inflation rate of 2.09%, compared with 2.99% in Qatar. In 2025, inflation was 2.3% in Mali and 0.6% in Qatar.

Top exports between countries

Mali
Export category Export value
Textiles & consumer goods $2.68M
Raw agricultural goods $183K
Animal & marine products $12K
Qatar
Export category Export value
Raw materials & minerals $3.11M
Chemicals & pharma $910K
Wood & paper products $52K

Balance of trade

Mali Qatar
Current account balance
-$1.16B
2024
$31.9B
2025
Current account balance ranking
122/190
2024
17/190
2025
Current account balance, % of GDP
-4.33%
2024
+14.8%
2025
Goods imports
$5.49B
2024
$34.3B
2025
Goods exports
$5.48B
2024
$90B
2025
Service imports
$1.8B
2024
$31.3B
2025
Service exports
$516M
2024
$24.4B
2025
Imports of goods and services, % of GDP
26.7%
2025
31.6%
2022
Exports of goods and services, % of GDP
22.1%
2025
68.6%
2022

Economic freedom indices

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

Mali Qatar
Economic freedom 52.1 70.2
Economic freedom ranking 150/197 37/197
Property rights 13.8 66.2
Government integrity 23.2 53.5
Judicial effectiveness 23.3 41.5
Tax burden 67.9 99.9
Government spending 81.8 79.9
Fiscal health 73.6 96.6
Business freedom 40.8 68
Labor freedom 54.1 58.5
Monetary freedom 78.2 76
Trade freedom 64 81.8
Investment freedom 65 60
Financial freedom 40 60

Economic freedom comparison by year

Mali
Qatar
1x
Year Economic freedom index
Mali Qatar
2026 52.1 70.2
2025 52.6 70.2
2024 52.5 68.8
2023 54.5 68.6
2022 55.9 67.7
2021 55.6 72
2020 55.9 72.3
2019 58.1 72.6
2018 57.6 72.6
2017 58.6 73.1
2016 56.5 70.7
2015 56.4 70.8
2014 55.5 71.2
2013 56.4 71.3
2012 55.8 71.3
2011 56.3 70.5
2010 55.6 69
2009 55.6 65.8
2008 55.6 62.2
2007 54.7 62.9
2006 54.1 62.4
2005 57.3 63.5
2004 56.6 66.5
2003 58.6 65.9
2002 61.1 61.9
2001 60.1 60
2000 60.3 62
1999 58.4 62
1998 57.3 -
1997 56.4 -
1996 57 -
1995 52.4 -

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

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

The Economic Freedom Index for Mali is 52.1, ranking 150/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mali Qatar
Services, % of GDP
36.6%
2025
47%
2025
Industry, % of GDP
23.4%
2025
57%
2025
Agriculture, forestry, and fishing, % of GDP
33%
2025
0.31%
2025
GNI, Atlas method
$28.3B
2025
$221B
2025
GNI per capita, PPP
$3,400
2025
$126,290
2025
Total reserves including gold n/a
$55.8B
2025
Total reserves ranking n/a
45/177
2025
Net foreign direct investment
-$843M
2024
$311M
2025
Net inflows of foreign direct investment
$921M
2024
$460M
2024
Net outflows of foreign direct investment
$78.1M
2024
$1.56B
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
n/a
Poverty at national poverty lines
43.3%
2024
n/a
Gross capital formation, % of GDP
20%
2025
30.6%
2022

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/qatar | 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 (1990–2025, 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 (2021–2024, 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.