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Economy of Mali vs Syria compared: GDP & Debt

Updated on by Georank

Mali has a GDP of $30.1B compared to $20B for Syria, ranking 114/197 and 134/197 by economy size, respectively.

Mali has $12.6B in government debt (41.9% of GDP), compared to $18.4B (30% of GDP) in Syria.

Mali vs Syria GDP by year

Mali
Syria
1x
Year GDP, current $
Mali Syria
2025 $30,069,148,581 -
2024 $26,761,281,077 -
2023 $24,777,941,861 $19,993,439,950
2022 $22,539,987,719 $23,737,634,644
2021 $22,999,245,263 $14,892,885,528
2020 $20,698,560,939 $12,501,503,673
2019 $20,477,421,885 $22,583,046,645
2018 $20,368,015,381 $21,497,779,248
2017 $18,308,362,040 $16,369,842,725
2016 $16,743,796,800 $12,597,854,088
2015 $15,583,181,170 $16,466,861,435
2014 $17,081,681,993 $21,502,061,466
2013 $15,747,192,681 $21,361,254,635
2012 $14,795,114,603 $43,190,318,033
2011 $15,452,791,789 $67,539,433,544
2010 $12,710,739,160 $61,390,833,273
2009 $12,155,217,833 $54,111,721,044
2008 $11,462,490,840 $52,557,913,397
2007 $9,699,047,443 $40,465,331,020
2006 $8,212,007,554 $33,751,812,959
2005 $7,429,066,952 $28,858,937,499
2004 $6,485,774,930 $25,086,910,448
2003 $5,605,613,011 $21,828,144,686
2002 $4,647,238,257 $20,786,986,580
2001 $4,124,281,594 $20,078,599,626
2000 $3,521,570,876 $18,937,031,610
1999 $4,091,446,054 $15,873,875,969
1998 $3,894,433,432 $15,200,846,154
1997 $3,414,879,486 $14,505,233,463
1996 $3,743,103,420 $13,789,560,878
1995 $3,373,322,735 $11,396,706,587
1994 $2,655,768,636 $10,122,020,000
1993 $3,632,801,877 $13,695,962,055
1992 $3,680,775,037 $13,253,565,861
1991 $3,576,562,682 $12,981,833,333
1990 $3,248,417,791 $12,308,624,418
1989 $2,824,822,489 $9,853,395,762
1988 $2,712,207,901 $10,577,041,645
1987 $2,437,004,680 $11,356,215,543
1986 $2,132,938,007 $13,293,205,278
1985 $1,594,347,021 $16,403,539,893
1984 $1,387,809,615 $17,503,078,174
1983 $1,496,616,127 $17,589,277,143
1982 $1,680,304,773 $16,298,929,011
1981 $2,234,583,940 $15,518,201,335
1980 $2,704,362,789 $13,062,420,382
1979 $1,595,422,956 $9,929,681,529
1978 $1,222,702,573 $9,275,200,458
1977 $1,049,838,548 $7,696,011,396
1976 $939,228,017 $7,633,528,867
1975 $830,710,615 $6,826,980,444
1974 $538,747,340 $5,159,557,148
1973 $563,683,703 $3,239,487,516
1972 $486,617,280 $3,059,681,698
1971 $395,218,629 $2,589,851,325
1970 $359,772,315 $2,140,384,010
1969 $339,913,867 $2,245,011,515
1968 $343,771,973 $1,753,746,430
1967 $275,494,478 $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Mali vs Syria by year

Mali
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mali Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,193 - - -
2024 $1,093 $3,315 - -
2023 $1,042 $3,175 $847 $4,650
2022 $977 $3,014 $1,057 $4,772
2021 $1,027 $2,796 $689 $4,593
2020 $953 $2,724 $594 $3,738
2019 $972 $2,820 $1,110 $3,502
2018 $996 $2,684 $1,098 $3,456
2017 $924 $2,607 $852 $3,265
2016 $872 $2,532 $656 -
2015 $838 $2,330 $848 -
2014 $948 $2,185 $1,061 -
2013 $902 $2,059 $986 -
2012 $873 $1,990 $1,898 -
2011 $938 $2,046 $2,952 -
2010 $797 $2,012 $2,731 -
2009 $787 $1,945 $2,462 -
2008 $767 $1,893 $2,429 -
2007 $671 $1,852 $1,938 -
2006 $587 $1,832 $1,719 -
2005 $549 $1,771 $1,534 -
2004 $495 $1,730 $1,368 -
2003 $442 $1,715 $1,220 -
2002 $378 $1,581 $1,190 -
2001 $346 $1,559 $1,178 -
2000 $305 $1,357 $1,138 -
1999 $364 $1,376 $978 -
1998 $357 $1,332 $961 -
1997 $321 $1,267 $941 -
1996 $360 $1,224 $918 -
1995 $331 $1,154 $780 -
1994 $266.5 $1,147 $712 -
1993 $372 $1,087 $993 -
1992 $385 $1,039 $990 -
1991 $382 $1,091 $1,000 -
1990 $354 $956 $978 -
1989 $314 - $809 -
1988 $307 - $898 -
1987 $280.7 - $997 -
1986 $250 - $1,208 -
1985 $190.4 - $1,544 -
1984 $169.1 - $1,706 -
1983 $186.3 - $1,776 -
1982 $213.8 - $1,703 -
1981 $290.5 - $1,676 -
1980 $359 - $1,458 -
1979 $216.3 - $1,146 -
1978 $169.1 - $1,108 -
1977 $148.1 - $951 -
1976 $134.9 - $976 -
1975 $121.5 - $904 -
1974 $80.2 - $707 -
1973 $85.4 - $459 -
1972 $75.1 - $448 -
1971 $62 - $393 -
1970 $57.3 - $335 -
1969 $55 - $364 -
1968 $56.5 - $293.3 -
1967 $46 - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Mali's GDP per capita is $1,193, ranking 174/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Mali ranks 174th at $3,315, while Syria ranks 160th at $4,650.

Economic indicators

Mali Syria
Gross domestic product
$30.1B
2025
$20B
2023
GDP rank
114/197
2025
134/197
2023
GDP growth
5.6%
2024-2025
-1.85%
2022-2023
GDP per capita
$1,193
2025
$847
2023
GDP per capita rank
174/197
2025
185/197
2023
GDP per capita, PPP
$3,315
2024
$4,650
2023
GDP per capita PPP rank
174/197
2024
160/197
2023
Government debt
$12.6B
2025
$18.4B
2010
Debt-to-GDP ratio
41.9%
2025
30%
2010
Government debt per person
$500
2025
$820
2010
Government debt per person rank
168/185
2025
150/185
2010
Average annual personal income after taxes
$1,949
2026
$693
2026
Income share by richest 10%
28.3%
2021
20.9%
2022
Income share by poorest 10%
3.2%
2021
3.8%
2022
Government expenditure, % of GDP
20.9%
2025
28.6%
2010
Consumer prices inflation
2.3%
2024-2025
13.4%
2018-2019
Unemployment rate
4.5%
2024
14.9%
2011
Population
26322576
26956472

Spending and national debt comparison by year

Mali
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Mali Syria
Government spending Government debt Government spending Government debt
2025 20.9% 41.9% - -
2024 21% 44% - -
2023 21.2% 44.3% - -
2022 20.8% 42.9% - -
2021 22.5% 43.2% - -
2020 22% 39.8% - -
2019 19.5% 34.3% - -
2018 17% 31.4% - -
2017 19.2% 30.1% - -
2016 18.6% 30.1% - -
2015 17.6% 25.8% - -
2014 16.8% 22.6% - -
2013 16.6% 22.2% - -
2012 13.1% 21.3% - -
2011 17.3% 20.1% - -
2010 17.4% 21.8% 28.6% 30%
2009 19.6% 18.8% 26.7% 31.2%
2008 16.2% 17.3% 22.9% 37.3%
2007 18.1% 15.6% 25.7% 42.7%
2006 18.9% 15.4% 26.3% 45%
2005 18.3% 39.5% 28.2% 50.7%
2004 18.5% 36.1% 31.3% 113%
2003 17.8% 37.7% 32.6% 133.4%
2002 16.8% 36% 28.5% 132.4%
2001 15.7% 66.3% 28% 144.5%
2000 16.5% 77% 27.4% 152.1%
1999 - - 28% 147.7%
1998 - - 28.8% 151.2%
1997 - - 29% 147.6%
1996 - - 27.7% 141.5%
1995 - - 29.8% 152.6%
1994 - - 30.3% 163%
1993 - - 29.4% 171.9%
1992 - - 34.2% 173.6%
1991 - - 34.3% 182.4%
1990 - - 28.3% 189.8%

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

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

In 2025, Mali's government spending was $6.29B, accounting for 20.9% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 41.9% in Mali and 30% in Syria, ranking 125/185 and 155/185, respectively.

Government deficit by year

Deficit/surplus
Mali

Syria
1x
Year Deficit/surplus, % of GDP
Mali Syria
2025 -1.59% -
2024 -2.16% -
2023 -3.05% -
2022 -4.05% -
2021 -4.12% -
2020 -4.56% -
2019 -1.42% -
2018 -3.97% -
2017 -2.4% -
2016 -3.3% -
2015 -1.53% -
2014 -2.43% -
2013 -1.99% -
2012 -0.8% -
2011 -2.87% -
2010 -2.21% -7.79%
2009 -3.19% -2.89%
2008 -1.69% -2.86%
2007 -2.35% -2.99%
2006 23.7% -1.12%
2005 -2.34% -4.41%
2004 -2.01% -4.18%
2003 -1.01% -2.7%
2002 -2.61% -2.02%
2001 -2.39% 2.3%
2000 -2.25% -1.36%
1999 - -1.47%
1998 - -2.81%
1997 - -1.78%
1996 - -2.83%
1995 - -3.81%
1994 - -6%
1993 - -4.96%
1992 - -7.26%
1991 - -6.57%
1990 - -3.92%

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

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

In 2010, Mali's government deficit, the difference between spending and revenue, was $281M, equivalent to 2.21% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 11 years, Mali recorded a fiscal deficit in 10 of those years, while Syria ran a deficit in 10 years. On average, Mali posted an annual surplus equal to 0.15% of GDP, compared to deficit of 2.73% of GDP for Syria.

Inflation comparison by year

Inflation
Mali

Syria
1x
Year Consumer prices inflation
Mali Syria
2025 2.3% -
2024 3.2% -
2023 2.1% -
2022 9.7% -
2021 3.8% -
2020 0.5% -
2019 -3% 13.4%
2018 1.9% 0.94%
2017 2.4% 18.1%
2016 -1.8% 47.7%
2015 1.4% 38.5%
2014 0.9% 10.9%
2013 -0.6% 40%
2012 5.3% 36.7%
2011 3% 4.75%
2010 1.2% 4.4%
2009 2.4% 2.92%
2008 9.2% 15.7%
2007 1.4% 3.91%
2006 1.6% 10%
2005 6.4% 7.24%
2004 -3.1% 4.43%
2003 -1.3% 5.8%
2002 5% -0.13%
2001 5.2% 3%
2000 -0.8% -3.85%
1999 -1.2% -3.7%
1998 4.1% -0.8%
1997 -0.7% 1.89%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2019, retrieved 2026-07-08).

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

Over the past 23 years, Mali has recorded an average annual inflation rate of 1.69%, compared with 11.4% in Syria. In 2019, inflation was 2.3% in Mali and 13.4% in Syria.

Top exports between countries

Mali
Export category Export value
Textiles & consumer goods $1K
Syria
Export category Export value
Textiles & consumer goods $371K
Raw agricultural goods $84K
Processed food, beverages & tobacco $70K
Chemicals & pharma $57K
Animal & marine products $42K
Machinery & equipment $31K
Raw materials & minerals $15K
Metals $10K
Wood & paper products $7K

Balance of trade

Mali Syria
Current account balance
-$1.16B
2024
-$367M
2010
Current account balance ranking
122/190
2024
99/190
2010
Current account balance, % of GDP
-4.33%
2024
-0.6%
2010
Goods imports
$5.49B
2024
$15.9B
2010
Goods exports
$5.48B
2024
$12.3B
2010
Service imports
$1.8B
2024
$3.53B
2010
Service exports
$516M
2024
$7.33B
2010
Imports of goods and services, % of GDP
26.7%
2025
28.7%
2022
Exports of goods and services, % of GDP
22.1%
2025
6.78%
2022

Economic freedom indices

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

Mali Syria
Economic freedom 52.1 51.2
Economic freedom ranking 150/197 155/197
Property rights 13.8 4
Government integrity 23.2 3.6
Judicial effectiveness 23.3 3.7
Tax burden 67.9 87.3
Government spending 81.8 78.5
Fiscal health 73.6 13.8
Business freedom 40.8 33.8
Labor freedom 54.1 37.2
Monetary freedom 78.2 80
Trade freedom 64 47
Investment freedom 65 0
Financial freedom 40 20

Economic freedom comparison by year

Mali
Syria
1x
Year Economic freedom index
Mali Syria
2026 52.1 -
2025 52.6 -
2024 52.5 -
2023 54.5 -
2022 55.9 -
2021 55.6 -
2020 55.9 -
2019 58.1 -
2018 57.6 -
2017 58.6 -
2016 56.5 -
2015 56.4 -
2014 55.5 -
2013 56.4 -
2012 55.8 51.2
2011 56.3 51.3
2010 55.6 49.4
2009 55.6 51.3
2008 55.6 47.2
2007 54.7 48.3
2006 54.1 51.2
2005 57.3 46.3
2004 56.6 40.6
2003 58.6 41.3
2002 61.1 36.3
2001 60.1 36.6
2000 60.3 37.2
1999 58.4 39
1998 57.3 42.2
1997 56.4 43
1996 57 42.3
1995 52.4 -

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

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

The Economic Freedom Index for Mali is 52.1, ranking 150/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mali Syria
Services, % of GDP
36.6%
2025
44.7%
2022
Industry, % of GDP
23.4%
2025
11.9%
2022
Agriculture, forestry, and fishing, % of GDP
33%
2025
42.9%
2022
GNI, Atlas method
$28.3B
2025
$18.2B
2023
GNI per capita, PPP
$3,400
2025
$4,480
2023
Total reserves including gold n/a
$20.6B
2010
Total reserves ranking n/a
66/177
2010
Net foreign direct investment
-$843M
2024
-$1.47B
2010
Net inflows of foreign direct investment
$921M
2024
$0
2024
Net outflows of foreign direct investment
$78.1M
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
0.15%
2023
Poverty at national poverty lines
43.3%
2024
35.2%
2007
Gross capital formation, % of GDP
20%
2025
16%
1969

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/syria | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, 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 (2010–2020, 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.