Remittance inflows to GDP in Mali

Mali: Remittance inflows to GDP was 5.7% in 2020. β–² Rising

Latest (2020)
5.7%
Change on year
up 1.5%
World rank
59th
of 195 countries
All-time high
6.8%
in 2013
All-time low
1.9%
in 1976
Years of data
46
1975–2020

Remittance inflows to GDP in Mali, 1975–2020

234567197519972020

Source: World Development Indicators (WDI), World Bank. Measured in %.

Analysis

The most recent figure for remittance inflows to gdp in Mali is 5.7%, measured in 2020.

Compared with earlier readings it is up 1.5% on the previous year and up 29.0% over ten years.

Over the whole period, remittance inflows to gdp in Mali peaked at 6.8% in 2013 and was at its lowest, 1.9%, in 1976.

That places Mali 59th out of 195 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 46 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.8% 1.9% 3.6% 5
1980s 3.4% 2.6% 4.8% 10
1990s 3.8% 2.5% 5.0% 10
2000s 3.4% 2.5% 4.5% 10
2010s 6.0% 4.4% 6.8% 10
2020s 5.7% 5.7% 5.7% 1

Countries ranked near Mali

  1. 56 Ghana 6.1% compare
  2. 57 Bangladesh 5.8% compare
  3. 58 Micronesia (country) 5.7% compare
  4. 60 Tunisia 5.6% compare
  5. 61 Nauru 5.3% compare
  6. 62 Curacao 5.2% compare

See the full ranking of 196 places β†’

More financial sector data for Mali

All data for Mali β†’

Frequently asked questions

What is remittance inflows to gdp in Mali?
Remittance inflows to gdp in Mali was 5.7% in 2020, according to World Development Indicators (WDI), World Bank.
What is the highest remittance inflows to gdp recorded in Mali?
The highest recorded value was 6.8% in 2013.
What is the lowest remittance inflows to gdp recorded in Mali?
The lowest recorded value was 1.9% in 1976.
How does Mali rank for remittance inflows to gdp?
Mali ranks 59th out of 195 countries with data for 2020.
Is remittance inflows to gdp rising or falling in Mali?
Over the last ten years it is up 29.0%. The long-run trend across the full record is rising.
Where does this Mali data come from?
The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Remittance inflows to GDP (%)
Unit
%
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
196 places, 6,488 data points, 1970–2020
Last refreshed

Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.