Countries
Mali
Key Economic Indicators
$81.14 billion
$3,315
4.99%
3.21%
2.83%
$26.588 billion (2024 est.)
36% of GDP (2016 est.)
$-1,610,328,886
Economic Overview
low-income Saharan economy; recession due to COVID-19 and political instability; extreme poverty; environmentally fragile; high public debt; agricultural and gold exporter; terrorism and warfare are common
All Economic Data
Agricultural products
maize, rice, millet, sorghum, onions, okra, sugarcane, cotton, mangoes/guavas, sweet potatoes (2023)
note:
<b>note:</b> top ten agricultural products based on tonnage
Budget
Expenditures:
$3.563 billion (2020 est.)
Note:
<b>note:</b> central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated
Revenues:
$2.841 billion (2020 est.)
Currency
code:
XOF
name:
West African CFA franc (XOF) [Fr]
Current account balance
$-1,610,328,886
Current account balance 2021:
-$1.469 billion (2021 est.)
Current account balance 2022:
-$1.475 billion (2022 est.)
Current account balance 2023:
-$1.61 billion (2023 est.)
Note:
<b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
Debt - external
$6.44 billion
Debt - external 2023:
$4.085 billion (2023 est.)
Note:
<b>note:</b> present value of external debt in current US dollars
Exchange rates
Currency:
Communaute Financiere Africaine francs (XOF) per US dollar -
Exchange rates 2020:
575.586 (2020 est.)
Exchange rates 2021:
554.531 (2021 est.)
Exchange rates 2022:
623.76 (2022 est.)
Exchange rates 2023:
606.57 (2023 est.)
Exchange rates 2024:
606.345 (2024 est.)
Exports
$6.05 billion
Exports 2021:
$5.381 billion (2021 est.)
Exports 2022:
$5.855 billion (2022 est.)
Exports 2023:
$6.13 billion (2023 est.)
Note:
<b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
gold, cotton, oil seeds, fertilizers, gum resins (2023)
note:
<b>note:</b> top five export commodities based on value in dollars
Exports - partners
UAE 73%, Switzerland 15%, Australia 5%, China 1%, Uganda 1% (2023)
note:
<b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
net inflows:
$921.04 million
GDP - composition, by end use
Exports of goods and services:
22.5% (2024 est.)
Government consumption:
13.1% (2024 est.)
Household consumption:
71.9% (2024 est.)
Imports of goods and services:
-28.4% (2024 est.)
Investment in fixed capital:
21.6% (2024 est.)
Investment in inventories:
-0.7% (2024 est.)
Note:
<b>note:</b> figures may not total 100% due to rounding or gaps in data collection
GDP - composition, by sector of origin
Agriculture:
33.4% (2024 est.)
Industry:
22.7% (2024 est.)
Note:
<b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Services:
36.7% (2024 est.)
GDP (official exchange rate)
$26.588 billion (2024 est.)
note:
<b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$1,095
Gini Index coefficient - distribution of family income
33 (2009)
Gini Index coefficient - distribution of family income 2021:
35.7 (2021 est.)
Note:
<b>note:</b> index (0-100) of income distribution; higher values represent greater inequality
GNI (gross national income)
$26.08 billion
GNI per capita
$1,030
Gross domestic investment
20 % of GDP
Household income or consumption by percentage share
Highest 10%:
28.3% (2021 est.)
Lowest 10%:
3.2% (2021 est.)
Note:
<b>note:</b> % share of income accruing to lowest and highest 10% of population
Imports
$7.32 billion
Imports 2021:
$7.596 billion (2021 est.)
Imports 2022:
$7.942 billion (2022 est.)
Imports 2023:
$8.066 billion (2023 est.)
Note:
<b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
refined petroleum, broadcasting equipment, cement, cotton fabric, plastic products (2023)
note:
<b>note:</b> top five import commodities based on value in dollars
Imports - partners
Cote d'Ivoire 25%, Senegal 19%, China 12%, France 5%, Burkina Faso 4% (2023)
note:
<b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
-2.4% (2024 est.)
note:
<b>note:</b> annual % change in industrial value added based on constant local currency
Industries
food processing; construction; phosphate and gold mining
Inflation rate (consumer prices)
3.21%
Inflation rate (consumer prices) 2022:
9.6% (2022 est.)
Inflation rate (consumer prices) 2023:
2.1% (2023 est.)
Inflation rate (consumer prices) 2024:
3.2% (2024 est.)
Note:
<b>note:</b> annual % change based on consumer prices
Labor force
9.126 million (2024 est.)
note:
<b>note:</b> number of people ages 15 or older who are employed or seeking work
total:
9.16 million persons
Labor force - by occupation
agriculture:
63.01%
industry:
8.59%
services:
28.4%
Population below poverty line
44.6% (2021 est.)
note:
<b>note:</b> % of population with income below national poverty line
Public debt
Public debt 2016:
36% of GDP (2016 est.)
Real GDP (purchasing power parity)
$81.14 billion
Note:
<b>note:</b> data in 2021 dollars
Real GDP (purchasing power parity) 2022:
$64.8 billion (2022 est.)
Real GDP (purchasing power parity) 2023:
$67.857 billion (2023 est.)
Real GDP (purchasing power parity) 2024:
$71.253 billion (2024 est.)
Real GDP growth rate
4.99%
Note:
<b>note:</b> annual GDP % growth based on constant local currency
Real GDP growth rate 2022:
3.5% (2022 est.)
Real GDP growth rate 2023:
4.7% (2023 est.)
Real GDP growth rate 2024:
5% (2024 est.)
Real GDP per capita
$3,315
Note:
<b>note:</b> data in 2021 dollars
Real GDP per capita 2022:
$2,800 (2022 est.)
Real GDP per capita 2023:
$2,900 (2023 est.)
Real GDP per capita 2024:
$2,900 (2024 est.)
Remittances
$1.07 billion
Note:
<b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2021:
4.9% of GDP (2021 est.)
Remittances 2022:
4.9% of GDP (2022 est.)
Remittances 2023:
4.2% of GDP (2023 est.)
Taxes and other revenues
12% (of GDP) (2020 est.)
note:
<b>note:</b> central government tax revenue as a % of GDP
Unemployment rate
2.83%
Note:
<b>note:</b> % of labor force seeking employment
Unemployment rate 2022:
2.4% (2022 est.)
Unemployment rate 2023:
3% (2023 est.)
Unemployment rate 2024:
3.1% (2024 est.)
Youth unemployment rate (ages 15-24)
Female:
3.9% (2024 est.)
Male:
4% (2024 est.)
Note:
<b>note:</b> % of labor force ages 15-24 seeking employment
Total:
4% (2024 est.)
World Bank Indicators
Currency
West African CFA franc (XOF) Fr (2025)
Gini Index
33.00 (2009)
Languages
French (2025)
Economic Rankings
Inflation Rate
#78
External Debt
#81
GDP Growth Rate
#97
Gini Index
#102
GDP (PPP)
#106
GDP (Nominal)
#111
Exports
#132
Imports
#134
Unemployment Rate
#146
GDP per Capita
#171
Quick Facts
Industries
food processing; construction; phosphate and gold mining
Agricultural products
maize, rice, millet, sorghum, onions, okra, sugarcane, cotton, mangoes/guavas, sweet potatoes (2023)
Labor force
9.126 million (2024 est.)
Exports - partners
UAE 73%, Switzerland 15%, Australia 5%, China 1%, Uganda 1% (2023)
Imports - partners
Cote d'Ivoire 25%, Senegal 19%, China 12%, France 5%, Burkina Faso 4% (2023)
Exchange rates
Communaute Financiere Africaine francs (XOF) per US dollar -
Explore More
Our Partners
Trusted partner applications powering global data and insights