Goods and Services: Debit for Mali
MLIBMGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.46
Year-over-Year Change
-12.15%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Goods and Services: Debit for Mali' metric measures the value of goods and services imported by Mali. This is a key indicator of the country's international trade and balance of payments.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents Mali's debit, or expenditures, on imported goods and services as a percentage of its gross domestic product (GDP). It provides insight into Mali's trade balance and reliance on foreign markets for consumption and production.
Methodology
The data is collected by the International Monetary Fund (IMF) through national accounts and balance of payments reporting.
Historical Context
Policymakers and analysts use this metric to assess Mali's external economic position and inform decisions around trade, fiscal, and monetary policies.
Key Facts
- Mali's goods and services debit was 31.9% of GDP in 2021.
- This metric has fluctuated between 25-35% of GDP over the past decade.
- Imports play a significant role in Mali's economy, especially for consumer goods and capital equipment.
FAQs
Q: What does this economic trend measure?
A: The 'Goods and Services: Debit for Mali' metric measures the value of goods and services imported by Mali as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Mali's trade balance and reliance on foreign markets, which is important for assessing the country's external economic position and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the International Monetary Fund (IMF) through national accounts and balance of payments reporting.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Mali's external economic position and inform decisions around trade, fiscal, and monetary policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the IMF, which may result in occasional delays or revisions.
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Citation
U.S. Federal Reserve, Goods and Services: Debit for Mali (MLIBMGSBP6GDPPT), retrieved from FRED.