Mali - Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Mali was 29.24 as of 2020. Its highest value over the past 53 years was 29.24 in 2020, while its lowest value was 9.66 in 1975.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1967 11.36
1968 10.22
1969 11.20
1970 12.47
1971 13.42
1972 10.03
1973 10.19
1974 12.72
1975 9.66
1976 11.01
1977 12.76
1978 11.60
1979 11.99
1980 14.81
1981 13.30
1982 14.26
1983 15.93
1984 19.06
1985 17.02
1986 14.49
1987 15.56
1988 14.58
1989 15.81
1990 15.65
1991 16.21
1992 15.63
1993 15.85
1994 19.44
1995 19.56
1996 18.87
1997 23.83
1998 21.25
1999 20.25
2000 22.48
2001 26.31
2002 28.09
2003 25.77
2004 23.68
2005 22.99
2006 28.43
2007 24.15
2008 25.14
2009 21.71
2010 22.84
2011 22.73
2012 27.86
2013 24.94
2014 22.56
2015 24.04
2016 23.44
2017 22.21
2018 24.52
2019 25.71
2020 29.24

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts