Browse a full set of economic indicators

Mali

Includes Mali real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Mali economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Mali best banks and safest banks are also available.

Basic Information

Government Type: Semi-presidential republic

Capital City: Bamako

GDP & Economic Information

Macroeconomy & Sovereign Data

Central Bank Central Bank of West African States (BCEAO)

Currency Communaute Financiere Africaine francs (XOF)

International Reserves USD 15.2 billion (2017, estimate)
Gross Domestic Product – GDP USD 15.2 billion (2017, estimate)

GDP (Purchasing Power Parity) Intl$ 40.9 billion (2017, estimate)

GDP Data

Real GDP growth 2006: 4.7%
2007: 3.5%
2008: 4.8%
2009: 4.7%
2010: 5.4%
2011: 3.2%
2012: -0.8%
2013: 2.3%
2014: 7%
2015: 6%
2016: 5.3%*
2017: 5.2%*

*Estimate
GDP per capita – current prices USD 874.2 (2017, estimate)

GDP per capita – PPP Intl$ 2,357.2 (2017, estimate)

GDP (PPP) – share of world total 1980: 0.03%
1990: 0.02%
2000: 0.02%
2010: 0.03%
2017: 0.03%*

*Estimate
GDP – composition by sector agriculture: 41%
industry: 18.6%
services: 40.4%
(2016 estimate)
Gross domestic expenditure on R&D; (% of GDP) N/A
Inflation 2013: -0.6%
2014: 0.9%
2015: 1.4%
2016: 1.0%*
2017: 1.3%*

*Estimate

Inflation & Debt

Inflation 2013: -0.6%
2014: 0.9%
2015: 1.4%
2016: 1.0%*
2017: 1.3%*

*Estimate
Government Bond Ratings
Standard & Poor’s: N/A

Moody’s: N/A

Standard & Poor’s / Moody’s (Updated January 2017)
Unemployment rate N/A
Household saving rates N/A
Public debt (General government gross debt as a % of GDP) 2013: 26.4%
2014: 27.3%
2015: 30.9%
2016: 29.8%*
2017: 30.2%*

*Estimate
Public deficit (General government net lending/borrowing as a % of GDP) 2013: -2.4%
2014: -2.9%
2015: -1.8%
2016: -4.3%*
2017: -3.8%*

*Estimate
Market value of publicly traded shares N/A
Largest Companies N/A

Import/Export

Exports as percent of GDP (Exports of goods and services) 22.4% (2015)

Shares in world total merchandising export 0.02% (2015)

Shares in world total commercial services export 0.008% (2014)

Total exports USD 2.8 billion (2016 estimate)

Export commodities Cotton, gold, livestock

Total imports USD 2.9 billion (2016 estimate)

Import commodities Petroleum, machinery and equipment, construction materials, foodstuffs, textiles

Exports – major partners Switzerland 48.5%, China 9.4%, India 9.1%, Bangladesh 8%, Thailand 4.5%, Indonesia 4.4% (2015)

Imports – major partners Cote dIvoire 9.9%, France 9.5%, Senegal 7.7%, China 7% (2015)

Competitiveness & Trade

Current account balance USD -0.8 billion (2017 estimate)

Current account balance by percentage of GDP -5.2% (2017 estimate)

FDI inflows 2013: USD 308 million
2014: USD 144 million
2015: USD 153 million
FDI Outflows 2013: USD 2.9 million
2014: USD 0.6 million
2015: USD 1.4 million
Value of cross-border M&A, by country of purchaser 2012: N/A
2013: USD 2.4 million
2014: N/A
2015: N/A
Cross-border M&A deals worth over $3 billion completed in 2014 N/A
Cross-border M&A deals worth over $3 billion completed in 2015 N/A
Best countries for doing business Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 141 out of 190 countries (2017)

Subcategories:

Starting a business: 108 out of 190 countries

Enforcing Contracts: 156 out of 190 countries

Registering Property: 135 out of 190 countries

Getting Credit: 139 out of 190 countries

Protecting Minority Investors: 145 out of 190 countries

Trading Across Borders: 89 out of 190 countries

Paying Taxes: 144 out of 190 countries

Dealing with Construction Permits: 142 out of 190 countries

Getting Electricity: 152 out of 190 countries

Resolving Insolvency: 99 out of 190 countries
Global competitiveness ranking
125 out of 138 countries

(2016-2017)
Index of Economic Freedom Ranking: 121 / Score: 56.54 (Mostly unfree) (2016)

(100=totally free 0=totally repressed)

Population & Geographic Data

Time Zone UTC 0

Total Area 1,240,192 sq km

Total Population 1990: 7.964 million
2000: 10.261 million
2010: 13.986 million
2016: 16.817 million*
2021: 19.685 million*

*Estimate
Urban population as % of total population 1960: 11%
1980: 19%
2000: 28%
2015: 40%
Population median age 16.2 years (2016 estimate)
Population growth rate 2.96% (2016 estimate)
Life expectancy 55.8 years (2016 estimate)
% of population living on less than $3.10 a day N/A
Inequality of wealth distribution (Gini index) N/A
Freedom House rating
Political Rights: 5
Civil Liberties: 4 (2017)

(1 represents the most free, 7 the least free rating)
Total telephone subscribers as % of population Fixed 1.04% Mobile 139.61% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)
Internet users as % of total population 10.34% (2015)

Language & Religon

Languages
French (official), Bambara 46.3%, Peul/Foulfoulbe 9.4%, Dogon 7.2%, Maraka/Soninke 6.4%, Malinke 5.6%, Sonrhai/Djerma 5.6%, Minianka 4.3%, Tamacheq 3.5%, Senoufo 2.6%, Bobo 2.1%, unspecified 0.7%, other 6.3%

Note: Mali has 13 national languages in addition to its official language (2009 est.)
Literacy Total population: 38.7%
Male: 48.2%
Female: 29.2% (2015 est.)

(age 15 and over can read and write)
Religions Muslim 94.8%, Christian 2.4%, Animist 2%, none 0.5%, unspecified 0.3% (2009 est.)

World Rankings

Population 19.685 M
Mercer Cost of living index Bamako: 115th (2016)

C02 Emissions per capita 0.1 (2013)

Global Finance Rankings & Awards: Mali

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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