Mali - Economic Indicators

Economic Overview

Among the 25 poorest countries in the world, landlocked Mali depends on gold mining and agricultural exports for revenue. The country's fiscal status fluctuates with gold and agricultural commodity prices and the harvest; cotton and gold exports make up around 80% of export earnings. Mali remains dependent on foreign aid. Economic activity is largely confined to the riverine area irrigated by the Niger River; about 65% of Mali’s land area is desert or semidesert. About 10% of the population is nomadic and about 80% of the labor force is engaged in farming and fishing....

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GDP Reference Last Previous Units Frequency
Real Investment 2017 3,574,770,000,000 3,829,519,000,000 NCU Annual
Real Fixed Investment (gross fixed capital formation) 2017 1,256,903,000,000 1,064,389,000,000 NCU Annual
Nominal Fixed Investment (gross fixed capital formation) 2017 1,714,553,000,000 1,428,335,732,600 NCU Annual
Private Consumption 2016 6,895,272,614,011 6,349,823,783,123 XOF Annual
Nominal Gross Domestic Product 2016 8,321,744,180,832 7,748,144,413,491 XOF Annual
Investment 2016 1,428,334,732,617 1,292,603,820,472 XOF Annual
Government Consumption 2014 867.53 747.72 Bil. MAF Annual
Real Gross Domestic Product 2014 112.04 104.49 Index 1995=100 Annual
Price Reference Last Previous Units Frequency
Consumer Price Index (CPI) Mar 2018 110.23 110.04 2010=100, NSA Monthly
Labor Reference Last Previous Units Frequency
Agriculture Employment 2017 3,994,863 4,119,925 # Annual
Unemployment Rate 2017 7.91 7.81 % of total labor force Annual
Labor Force 2017 6,932,710 6,683,871 # Annual
Wage & Salaries 2016 397,400,000,000 362,461,286,000 NCU Annual
Trade Reference Last Previous Units Frequency
Real Imports of Goods and Services 2017 4,208,527,000,000 4,216,067,000,000 NCU Annual
Real Exports of Goods and Services 2017 881,917,000,000 863,319,000,000 NCU Annual
Exports of Goods and Services 2016 1,907,079,752,147 1,862,874,404,138 XOF Annual
Imports of Goods and Services 2016 3,287,225,093,332 3,067,768,479,665 XOF Annual
Exports of Goods 2014 2,779,394,822 2,873,299,312 USD Annual
Current Account Balance 2014 -675,835,486 -374,656,436 USD Annual
Balance of Goods 2014 -508,266,545 -248,556,272 USD Annual
Imports of Goods 2014 3,287,661,367 3,121,855,584 USD Annual
Government Reference Last Previous Units Frequency
Government Revenues 2016 1,333,900,000,000 1,151,583,090,983 NCU Annual
Government Budget Balance 2011 -3 -325,400,000,000 current LCU Annual
Markets Reference Last Previous Units Frequency
Lending Rate Mar 2017 2.5 2.5 % Monthly
Money Market Rate Feb 2017 5.17 5.01 % p.a., NSA Monthly
Demographics Reference Last Previous Units Frequency
Net Migration 2017 -200,000 # Annual
Population 2017 18,541,980 17,994,837 # Annual
Birth Rate 2016 42.63 43.22 # per Ths. pop. Annual
Death Rate 2016 10.32 10.67 # per Ths. pop. Annual

Factbook

Background

Background:
The Sudanese Republic and Senegal became independent of France in 1960 as the Mali Federation. When Senegal withdrew after only a few months, what formerly made up the Sudanese Republic was renamed Mali. Rule by dictatorship was brought to a close in 1991 by a military coup that ushered in a period of democratic rule. President Alpha KONARE won Mali's first two democratic presidential elections in 1992 and 1997. In keeping with Mali's two-term constitutional limit, he stepped down in 2002 and was succeeded by Amadou Toumani TOURE, who was elected to a second term in a 2007 election that was widely judged to be free and fair. Malian returnees from Libya in 2011 exacerbated tensions in northern Mali, and Tuareg ethnic militias rebelled in January 2012. Low- and mid-level soldiers, frustrated with the poor handling of the rebellion, overthrew TOURE on 22 March. Intensive mediation efforts led by the Economic Community of West African States (ECOWAS) returned power to a civilian administration in April with the appointment of Interim President Dioncounda TRAORE.
The post-coup chaos led to rebels expelling the Malian military from the country's three northern regions and allowed Islamic militants to set up strongholds. Hundreds of thousands of northern Malians fled the violence to southern Mali and neighboring countries, exacerbating regional food shortages in host communities. An international military intervention to retake the three northern regions began in January 2013 and within a month most of the north had been retaken. In a democratic presidential election conducted in July and August of 2013, Ibrahim Boubacar KEITA was elected president. The Malian Government and northern armed groups signed an internationally-mediated peace accord in June 2015. By 2018, however, the parties to the peace accord had made very little progress in the accord’s implementation, despite a June 2017 target for its completion. Furthermore, extremist groups outside the peace process made steady inroads into rural areas of central Mali following the consolidation of three major terrorist organizations in March 2017.

Geography

Location:
interior Western Africa, southwest of Algeria, north of Guinea, Cote d'Ivoire, and Burkina Faso, west of Niger
Geographic coordinates:
17 00 N, 4 00 W
Map references:
Africa
Area:
total: 1,240,192 sq km
land: 1,220,190 sq km
water: 20,002 sq km
country comparison to the world: 25
Area - comparative:
slightly less than twice the size of Texas
Land boundaries:
total: 7,908 km
border countries (7): Algeria 1,359 km, Burkina Faso 1,325 km, Cote d'Ivoire 599 km, Guinea 1,062 km, Mauritania 2,236 km, Niger 838 km, Senegal 489 km
Coastline:
0 km (landlocked)
Maritime claims:
none (landlocked)
Climate:
subtropical to arid; hot and dry (February to June); rainy, humid, and mild (June to November); cool and dry (November to February)
Terrain:
mostly flat to rolling northern plains covered by sand; savanna in south, rugged hills in northeast
Elevation:
mean elevation: 343 m
elevation extremes: lowest point: Senegal River 23 m
highest point: Hombori Tondo 1,155 m
Natural resources:
gold, phosphates, kaolin, salt, limestone, uranium, gypsum, granite, hydropower
note: bauxite, iron ore, manganese, tin, and copper deposits are known but not exploited
Land use:
agricultural land: 34.1%
arable land 5.6%; permanent crops 0.1%; permanent pasture 28.4%
forest: 10.2%
other: 55.7% (2011 est.)
Irrigated land:
3,780 sq km (2012)
Population - distribution:
the overwhelming majority of the population lives in the southern half of the country, with greater density along the border with Burkina Faso
Natural hazards:
hot, dust-laden harmattan haze common during dry seasons; recurring droughts; occasional Niger River flooding
Environment - current issues:
deforestation; soil erosion; desertification; inadequate supplies of potable water
Environment - international agreements:
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Wetlands, Whaling
signed, but not ratified: none of the selected agreements
Geography - note:
landlocked; divided into three natural zones: the southern, cultivated Sudanese; the central, semiarid Sahelian; and the northern, arid Saharan

People & Society

Population:
17,885,245 (July 2017 est.)
country comparison to the world: 64
Nationality:
noun: Malian(s)
adjective: Malian
Ethnic groups:
Bambara 34.1%, Fulani (Peul) 14.7%, Sarakole 10.8%, Senufo 10.5%, Dogon 8.9%, Malinke 8.7%, Bobo 2.9%, Songhai 1.6%, Tuareg 0.9%, other Malian 6.1%, from member of Economic Community of West African States 0.3%, other 0.4% (2012-13 est.)
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.)
Religions:
Muslim 94.8%, Christian 2.4%, Animist 2%, none 0.5%, unspecified 0.3% (2009 est.)
Demographic profile:
Mali’s total population is expected to double by 2035; its capital Bamako is one of the fastest-growing cities in Africa. A young age structure, a declining mortality rate, and a sustained high total fertility rate of 6 children per woman – the third highest in the world – ensure continued rapid population growth for the foreseeable future. Significant outmigration only marginally tempers this growth. Despite decreases, Mali’s infant, child, and maternal mortality rates remain among the highest in sub-Saharan Africa because of limited access to and adoption of family planning, early childbearing, short birth intervals, the prevalence of female genital cutting, infrequent use of skilled birth attendants, and a lack of emergency obstetrical and neonatal care.
Mali’s high total fertility rate has been virtually unchanged for decades, as a result of the ongoing preference for large families, early childbearing, the lack of female education and empowerment, poverty, and extremely low contraceptive use. Slowing Mali’s population growth by lowering its birth rate will be essential for poverty reduction, improving food security, and developing human capital and the economy.
Mali has a long history of seasonal migration and emigration driven by poverty, conflict, demographic pressure, unemployment, food insecurity, and droughts. Many Malians from rural areas migrate during the dry period to nearby villages and towns to do odd jobs or to adjoining countries to work in agriculture or mining. Pastoralists and nomads move seasonally to southern Mali or nearby coastal states. Others migrate long term to Mali’s urban areas, Cote d’Ivoire, other neighboring countries, and in smaller numbers to France, Mali’s former colonial ruler. Since the early 1990s, Mali’s role has grown as a transit country for regional migration flows and illegal migration to Europe. Human smugglers and traffickers exploit the same regional routes used for moving contraband drugs, arms, and cigarettes.
Between early 2012 and 2013, renewed fighting in northern Mali between government forces and Tuareg secessionists and their Islamist allies, a French-led international military intervention, as well as chronic food shortages, caused the displacement of hundreds of thousands of Malians. Most of those displaced domestically sought shelter in urban areas of southern Mali, except for pastoralist and nomadic groups, who abandoned their traditional routes, gave away or sold their livestock, and dispersed into the deserts of northern Mali or crossed into neighboring countries. Almost all Malians who took refuge abroad (mostly Tuareg and Maure pastoralists) stayed in the region, largely in Mauritania, Niger, and Burkina Faso.
Age structure:
0-14 years: 48.17% (male 4,330,370/female 4,285,171)
15-24 years: 18.84% (male 1,604,914/female 1,765,479)
25-54 years: 26.26% (male 2,171,171/female 2,525,109)
55-64 years: 3.7% (male 335,023/female 326,910)
65 years and over: 3.03% (male 270,856/female 270,242) (2017 est.)
population pyramid:
Dependency ratios:
total dependency ratio: 101.9
youth dependency ratio: 96.8
elderly dependency ratio: 5.1
potential support ratio: 19.5 (2015 est.)
Median age:
total: 15.8 years
male: 15.1 years
female: 16.4 years (2017 est.)
country comparison to the world: 228
Population growth rate:
3.02% (2017 est.)
country comparison to the world: 7
Birth rate:
43.9 births/1,000 population (2017 est.)
country comparison to the world: 3
Death rate:
9.8 deaths/1,000 population (2017 est.)
country comparison to the world: 43
Net migration rate:
-3.9 migrant(s)/1,000 population (2017 est.)
country comparison to the world: 181
Population distribution:
the overwhelming majority of the population lives in the southern half of the country, with greater density along the border with Burkina Faso
Urbanization:
urban population: 41.4% of total population (2017)
rate of urbanization: 4.97% annual rate of change (2015-20 est.)
Major urban areas - population:
BAMAKO (capital) 2.515 million (2015)
Sex ratio:
at birth: 1.02 male(s)/female
0-14 years: 1.01 male(s)/female
15-24 years: 0.91 male(s)/female
25-54 years: 0.87 male(s)/female
55-64 years: 1 male(s)/female
65 years and over: 1 male(s)/female
total population: 0.95 male(s)/female (2017 est.)
Mother's mean age at first birth:
18.8 years
note: median age at first birth among women 25-29 (2012/13 est.)
Maternal mortality ratio:
587 deaths/100,000 live births (2015 est.)
country comparison to the world: 16
Infant mortality rate:
total: 69.5 deaths/1,000 live births
male: 75.3 deaths/1,000 live births
female: 63.5 deaths/1,000 live births (2017 est.)
country comparison to the world: 9
Life expectancy at birth:
total population: 60.3 years
male: 58.2 years
female: 62.5 years (2017 est.)
country comparison to the world: 204
Total fertility rate:
6.01 children born/woman (2017 est.)
country comparison to the world: 3
Contraceptive prevalence rate:
15.6% (2015)
Health expenditures:
6.9% of GDP (2014)
country comparison to the world: 83
Physicians density:
0.09 physicians/1,000 population (2010)
Hospital bed density:
0.1 beds/1,000 population (2010)
Drinking water source:
improved:
urban: 96.5% of population
rural: 64.1% of population
total: 77% of population
unimproved:
urban: 3.5% of population
rural: 35.9% of population
total: 23% of population (2015 est.)
Sanitation facility access:
improved:
urban: 37.5% of population
rural: 16.1% of population
total: 24.7% of population
unimproved:
urban: 62.5% of population
rural: 83.9% of population
total: 75.3% of population (2015 est.)
HIV/AIDS - adult prevalence rate:
1% (2016 est.)
country comparison to the world: 44
HIV/AIDS - people living with HIV/AIDS:
110,000 (2016 est.)
country comparison to the world: 40
HIV/AIDS - deaths:
6,100 (2016 est.)
country comparison to the world: 27
Major infectious diseases:
degree of risk: very high
food or waterborne diseases: bacterial and protozoal diarrhea, hepatitis A, and typhoid fever
vectorborne diseases: malaria and dengue fever
water contact disease: schistosomiasis
respiratory disease: meningococcal meningitis
animal contact disease: rabies (2016)
Obesity - adult prevalence rate:
8.6% (2016)
country comparison to the world: 149
Education expenditures:
3.8% of GDP (2015)
country comparison to the world: 83
Literacy:
definition: age 15 and over can read and write
total population: 33.1%
male: 45.1%
female: 22.2% (2015 est.)
School life expectancy (primary to tertiary education):
total: 8 years
male: 9 years
female: 7 years (2011)
Unemployment, youth ages 15-24:
total: 11.1%
male: NA
female: NA (2014 est.)
country comparison to the world: 117

Government

Country name:
conventional long form: Republic of Mali
conventional short form: Mali
local long form: Republique de Mali
local short form: Mali
former: French Sudan and Sudanese Republic
etymology: name derives from the West African Mali Empire of the 13th to 16th centuries A.D.
Government type:
semi-presidential republic
Capital:
name: Bamako
geographic coordinates: 12 39 N, 8 00 W
time difference: UTC 0 (5 hours ahead of Washington, DC, during Standard Time)
Administrative divisions:
8 regions (regions, singular - region), 1 district*; District de Bamako*, Gao, Kayes, Kidal, Koulikoro, Mopti, Segou, Sikasso, Tombouctou (Timbuktu); note - two new regions, Menaka and Taoudenni, were reportedly created in early 2016, but these have not yet been vetted by the US Board on Geographic Names
Independence:
22 September 1960 (from France)
National holiday:
Independence Day, 22 September (1960)
Constitution:
history: several previous; latest drafted August 1991, approved by referendum 12 January 1992, effective 25 February 1992, suspended briefly in 2012
amendments: roposed by the president of the republic or by members of the National Assembly; passage requires two-thirds majority vote by the Assembly and approval in a referendum; constitutional sections on the integrity of the state, its republican and secular form of government, and its multiparty system cannot be amended; amended 1999 (2017)
Legal system:
civil law system based on the French civil law model and influenced by customary law; judicial review of legislative acts in the Constitutional Court
International law organization participation:
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
Citizenship:
citizenship by birth: no
citizenship by descent only: at least one parent must be a citizen of Mali
dual citizenship recognized: yes
residency requirement for naturalization: 5 years
Suffrage:
18 years of age; universal
Executive branch:
chief of state: President Ibrahim Boubacar KEITA (since 4 September 2013)
head of government: Prime Minister Soumeylou Boubeye MAIGA (since 31 December 2017)
cabinet: Council of Ministers appointed by the prime minister
elections/appointments: president directly elected by absolute majority popular vote in 2 rounds if needed for a 5-year term (eligible for a second term); election last held on 28 July 2013 with a runoff on 11 August 2013 (election delayed from April 2012 due to a coup in March 2012); prime minister appointed by the president
election results: Ibrahim Boubacar KEITA elected president in second round; percent of vote - Ibrahim Boubacar KEITA (RPM) 77.6%, Soumaila CISSE (URD) 22.4%
Legislative branch:
description: unicameral National Assembly or Assemblee Nationale (147 seats; members directly elected in single-seat constituencies by absolute majority vote in 2 rounds if needed; 13 seats reserved for citizens living abroad; members serve 5-year terms)
elections: last held on 24 November and 15 December 2013 (next to be held in 2018); note - the scheduled July 2012 election was canceled due to a coup d'etat and the Tuareg Rebellion
election results: percent of vote by party - NA; seats by party - RPM 66, URD 17, ADEMA 16, FARE 6, CODEM 5, SADI 5, CNID 4, other 24, independent 4
Judicial branch:
highest court(s): Supreme Court or Cour Supreme (consists of 19 members organized into 3 civil chambers and a criminal chamber); Constitutional Court (consists of 9 members)
judge selection and term of office: Supreme Court members appointed by the Ministry of Justice to serve 5-year terms; Constitutional Court members selected - 3 each by the president, the National Assembly, and the Supreme Council of the Magistracy; members serve single renewable 7-year terms
subordinate courts: Court of Appeal; High Court of Justice (jurisdiction limited to cases of high treason or criminal offenses by the president or ministers while in office); magistrate courts; first instance courts; labor dispute courts; special court of state security
Political parties and leaders:
African Solidarity for Democracy and Independence or SADI [Oumar MARIKO]
Alliance for Democracy in Mali-Pan-African Party for Liberty, Solidarity, and Justice or ADEMA-PASJ [Tiemoko SANGARE]
Alliance for Democracy and Progress or ADP-Maliba (coalition includes ADEMA and URD)[Amadou THIAM]
Alliance for the Solidarity of Mali-Convergence of Patriotic Forces or ASMA-CFP [Soumeylou Boubeye MAIGA]
Alternative Forces for Renewal and Emergence or FARE [Modibo SIDIBE]
Convergence for the Development of Mali or CODEM [Housseyni Amion GUINDO]
Economic and Social Development Party or PDES [Jamille BITTAR]
Front for Democracy and the Republic or FDR (coalition of smaller opposition parties)
National Congress for Democratic Initiative or CNID [Mountaga TALL]
Party for National Renewal or PARENA [Tiebile DRAME]
Patriotic Movement for Renewal or MPR [Choguel Kokalla MAIGA]
Rally for Mali or RPM [Boucary TRETA]
Union for Republic and Democracy or URD [Younoussi TOURE]
Political pressure groups and leaders:
Malian Company for Textile Development or CMDT
Malian Defence Force
other: Islamic authorities
International organization participation:
ACP, AfDB, AU, CD, ECOWAS, EITI (compliant country), FAO, FZ, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, MONUSCO, NAM, OIC, OIF, OPCW, UN, UNAMID, UNCTAD, UNESCO, UNIDO, UNISFA, UNMISS, UNWTO, UPU, WADB (regional), WAEMU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador (vacant); Charge d'Affaires Ibrahima BIRIDOGO (since 29 December 2017)
chancery: 2130 R Street NW, Washington, DC 20008
telephone: [1] (202) 332-2249, 939-8950
FAX: [1] (202) 332-6603
Diplomatic representation from the US:
chief of mission: Ambassador Paul A. FOLMSBEE (since 3 June 2015)
embassy: located off the Roi Bin Fahad Aziz Bridge west of the Bamako central district
mailing address: ACI 2000, Rue 243, Porte 297, Bamako
telephone: [223] 2070-2300
FAX: [223] 2070-2479
Flag description:
three equal vertical bands of green (hoist side), yellow, and red
note: uses the popular Pan-African colors of Ethiopia; the colors from left to right are the same as those of neighboring Senegal (which has an additional green central star) and the reverse of those on the flag of neighboring Guinea
National symbol(s):
Great Mosque of Djenne; national colors: green, yellow, red
National anthem:
name: "Le Mali" (Mali)
lyrics/music: Seydou Badian KOUYATE/Banzoumana SISSOKO
note: adopted 1962; also known as "Pour L'Afrique et pour toi, Mali" (For Africa and for You, Mali) and "A ton appel Mali" (At Your Call, Mali)

Economy

Economy - overview:
Among the 25 poorest countries in the world, landlocked Mali depends on gold mining and agricultural exports for revenue. The country's fiscal status fluctuates with gold and agricultural commodity prices and the harvest; cotton and gold exports make up around 80% of export earnings. Mali remains dependent on foreign aid.
Economic activity is largely confined to the riverine area irrigated by the Niger River; about 65% of Mali’s land area is desert or semidesert. About 10% of the population is nomadic and about 80% of the labor force is engaged in farming and fishing. Industrial activity is concentrated on processing farm commodities. The government subsidizes the production of cereals to decrease the country’s dependence on imported foodstuffs and to reduce its vulnerability to food price shocks.
Mali is developing its iron ore extraction industry to diversify foreign exchange earnings away from gold, but the pace will depend on global price trends. Although the political coup in 2012 slowed Mali’s growth, the economy has since bounced back, with GDP growth above 5% in 2014-17, although physical insecurity, high population growth, corruption, weak infrastructure, and low levels of human capital continue to constrain economic development. Higher rainfall helped to boost cotton output in 2017, and the country’s 2017 budget increased spending more than 10%, much of which was devoted to infrastructure and agriculture. Corruption and political turmoil are strong downside risks in 2018 and beyond.
GDP (purchasing power parity):
$40.98 billion (2017 est.)
$38.91 billion (2016 est.)
$36.78 billion (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 117
GDP (official exchange rate):
$15 billion (2017 est.)
GDP - real growth rate:
5.3% (2017 est.)
5.8% (2016 est.)
6% (2015 est.)
country comparison to the world: 33
GDP - per capita (PPP):
$2,200 (2017 est.)
$2,100 (2016 est.)
$2,100 (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 202
Gross national saving:
13% of GDP (2017 est.)
10.3% of GDP (2016 est.)
12.1% of GDP (2015 est.)
country comparison to the world: 139
GDP - composition, by end use:
household consumption: 71.9%
government consumption: 17%
investment in fixed capital: 18.8%
investment in inventories: 0.2%
exports of goods and services: 20.4%
imports of goods and services: -28.3% (2017 est.)
GDP - composition, by sector of origin:
agriculture: 40.9%
industry: 18.9%
services: 40.2% (2017 est.)
Agriculture - products:
cotton, millet, rice, corn, vegetables, peanuts; cattle, sheep, goats
Industries:
food processing; construction; phosphate and gold mining
Industrial production growth rate:
4.7% (2017 est.)
country comparison to the world: 55
Labor force:
6.447 million (2017 est.)
country comparison to the world: 72
Labor force - by occupation:
agriculture: 80%
industry and services: 20% (2005 est.)
Unemployment rate:
8.1% (2016 est.)
8.1% (2016 est.)
country comparison to the world: 114
Population below poverty line:
36.1% (2005 est.)
Household income or consumption by percentage share:
lowest 10%: 3.5%
highest 10%: 25.8% (2010 est.)
Distribution of family income - Gini index:
40.1 (2001 est.)
50.5 (1994 est.)
country comparison to the world: 66
Budget:
revenues: $3.068 billion
expenditures: $3.584 billion (2017 est.)
Taxes and other revenues:
20.5% of GDP (2017 est.)
country comparison to the world: 150
Budget surplus (+) or deficit (-):
-3.4% of GDP (2017 est.)
country comparison to the world: 129
Public debt:
28% of GDP (2017 est.)
29.7% of GDP (2016 est.)
country comparison to the world: 169
Fiscal year:
calendar year
Inflation rate (consumer prices):
0.2% (2017 est.)
-1.8% (2016 est.)
country comparison to the world: 14
Central bank discount rate:
16% (31 December 2010 est.)
4.25% (31 December 2009 est.)
country comparison to the world: 7
Commercial bank prime lending rate:
9% (31 December 2017 est.)
5.3% (31 December 2016 est.)
country comparison to the world: 92
Stock of narrow money:
$3.023 billion (31 December 2017 est.)
$2.687 billion (31 December 2016 est.)
country comparison to the world: 119
Stock of broad money:
$4.439 billion (31 December 2017 est.)
$3.858 billion (31 December 2016 est.)
country comparison to the world: 134
Stock of domestic credit:
$3.39 billion (31 December 2017 est.)
$2.931 billion (31 December 2016 est.)
country comparison to the world: 137
Market value of publicly traded shares:
$NA
Current account balance:
$-1.045 billion (2017 est.)
$-996 million (2016 est.)
country comparison to the world: 134
Exports:
$3.036 billion (2017 est.)
$2.803 billion (2016 est.)
country comparison to the world: 125
Exports - commodities:
cotton, gold, livestock
Exports - partners:
Switzerland 30.4%, India 12.2%, Ukraine 5.1%, China 5.1%, Burkina Faso 4.9%, Senegal 4.3%, France 4%, South Africa 4% (2016)
Imports:
$3.891 billion (2017 est.)
$3.443 billion (2016 est.)
country comparison to the world: 134
Imports - commodities:
petroleum, machinery and equipment, construction materials, foodstuffs, textiles
Imports - partners:
Senegal 12.2%, China 12.2%, France 10.3%, Benin 8.6%, Cote dIvoire 8.4% (2016)
Debt - external:
$4.296 billion (31 December 2017 est.)
$3.981 billion (31 December 2016 est.)
country comparison to the world: 138
Stock of direct foreign investment - at home:
$3.494 billion (31 December 2017 est.)
$3.266 billion (31 December 2016 est.)
country comparison to the world: 110
Stock of direct foreign investment - abroad:
$72.2 million (31 December 2017 est.)
$62.2 million (31 December 2016 est.)
country comparison to the world: 106
Exchange rates:
Communaute Financiere Africaine francs (XOF) per US dollar -
605.3 (2017 est.)
593.01 (2016 est.)
593.01 (2015 est.)
591.45 (2014 est.)
494.42 (2013 est.)

Energy

Electricity access:
population without electricity: 11,400,000
electrification - total population: 26%
electrification - urban areas: 53%
electrification - rural areas: 9% (2013)
Electricity - production:
2.175 billion kWh (2015 est.)
country comparison to the world: 138
Electricity - consumption:
2.023 billion kWh (2015 est.)
country comparison to the world: 143
Electricity - exports:
0 kWh (2016 est.)
country comparison to the world: 168
Electricity - imports:
0 kWh (2016 est.)
country comparison to the world: 173
Electricity - installed generating capacity:
590,000 kW (2015 est.)
country comparison to the world: 140
Electricity - from fossil fuels:
67.8% of total installed capacity (2015 est.)
country comparison to the world: 107
Electricity - from nuclear fuels:
0% of total installed capacity (2015 est.)
country comparison to the world: 141
Electricity - from hydroelectric plants:
31.2% of total installed capacity (2015 est.)
country comparison to the world: 69
Electricity - from other renewable sources:
1% of total installed capacity (2015 est.)
country comparison to the world: 140
Crude oil - production:
0 bbl/day (2016 est.)
country comparison to the world: 170
Crude oil - exports:
0 bbl/day (2014 est.)
country comparison to the world: 162
Crude oil - imports:
0 bbl/day (2014 est.)
country comparison to the world: 160
Crude oil - proved reserves:
0 bbl (1 January 2017 est.)
country comparison to the world: 168
Refined petroleum products - production:
0 bbl/day (2014 est.)
country comparison to the world: 174
Refined petroleum products - consumption:
7,500 bbl/day (2015 est.)
country comparison to the world: 163
Refined petroleum products - exports:
0 bbl/day (2014 est.)
country comparison to the world: 179
Refined petroleum products - imports:
7,486 bbl/day (2014 est.)
country comparison to the world: 150
Natural gas - production:
0 cu m (2013 est.)
country comparison to the world: 169
Natural gas - consumption:
0 cu m (2013 est.)
country comparison to the world: 208
Natural gas - exports:
0 cu m (2013 est.)
country comparison to the world: 149
Natural gas - imports:
0 cu m (2013 est.)
country comparison to the world: 155
Natural gas - proved reserves:
0 cu m (1 January 2014 est.)
country comparison to the world: 172
Carbon dioxide emissions from consumption of energy:
800,000 Mt (2013 est.)
country comparison to the world: 171

Communications

Telephones - fixed lines:
total subscriptions: 200,812
subscriptions per 100 inhabitants: 1 (July 2016 est.)
country comparison to the world: 126
Telephones - mobile cellular:
total: 20,217,697
subscriptions per 100 inhabitants: 113 (July 2016 est.)
country comparison to the world: 57
Telephone system:
general assessment: domestic system improving; increasing use of local radio loops to extend network coverage to remote areas
domestic: fixed-line subscribership remains less than 1 per 100 persons; mobile-cellular subscribership has increased sharply to over 115 per 100 persons
international: country code - 223; satellite communications center and fiber-optic links to neighboring countries; satellite earth stations - 2 Intelsat (1 Atlantic Ocean, 1 Indian Ocean) (2016)
Broadcast media:
national public TV broadcaster; 2 privately owned companies provide subscription services to foreign multi-channel TV packages; national public radio broadcaster supplemented by a large number of privately owned and community broadcast stations; transmissions of multiple international broadcasters are available (2007)
Internet country code:
.ml
Internet users:
total: 1,940,978
percent of population: 11.1% (July 2016 est.)
country comparison to the world: 116

Transportation

National air transport system:
number of registered air carriers: 1
inventory of registered aircraft operated by air carriers: 2 (2015)
Civil aircraft registration country code prefix:
TZ, TT (2016)
Airports:
25 (2013)
country comparison to the world: 129
Airports - with paved runways:
total: 8
over 3,047 m: 1
2,438 to 3,047 m: 4
1,524 to 2,437 m: 2
914 to 1,523 m: 1 (2017)
Airports - with unpaved runways:
total: 17
1,524 to 2,437 m: 3
914 to 1,523 m: 9
under 914 m: 5 (2013)
Heliports:
2 (2013)
Railways:
total: 593 km
narrow gauge: 593 km 1.000-m gauge (2014)
country comparison to the world: 111
Roadways:
total: 22,474 km
paved: 5,522 km
unpaved: 16,952 km (2009)
country comparison to the world: 103
Waterways:
1,800 km (downstream of Koulikoro; low water levels on the River Niger cause problems in dry years; in the months before the rainy season the river is not navigable by commercial vessels) (2011)
country comparison to the world: 43
Ports and terminals:
river port(s): Koulikoro (Niger)

Military & Security

Military expenditures:
2.63% of GDP (2016)
2.43% of GDP (2015)
1.56% of GDP (2014)
1.2% of GDP (2013)
1.2% of GDP (2012)
country comparison to the world: 33
Military branches:
Malian Armed Forces: Army (Armee de Terre), Republic of Mali Air Force (Force Aerienne de la Republique du Mali, FARM), National Guard (Garde National du Mali) (2013)
Military service age and obligation:
18 years of age for selective compulsory and voluntary military service; 2-year conscript service obligation (2012)

Transnational Issues

Disputes - international:
demarcation is underway with Burkina Faso
Refugees and internally displaced persons:
refugees (country of origin): 15,319 (Mauritania) (2018)
IDPs: 50,311 (Tuareg rebellion since 2012) (2018)
Trafficking in persons:
current situation: Mali is a source, transit, and destination country for men, women, and children subjected to forced labor and sex trafficking; internal trafficking is more prevalent than transnational trafficking, but foreign women and girls are forced into domestic servitude, agricultural labor, and support roles in gold mines, as well as subjected to sex trafficking; Malian boys are forced to work in agricultural settings, gold mines, the informal commercial sector and to beg within Mali and neighboring countries; Malians and other Africans who travel through Mali to Mauritania, Algeria, or Libya in hopes of reaching Europe are particularly at risk of becoming victims of human trafficking; men and boys, primarily of Songhai ethnicity, are subjected to debt bondage in the salt mines of Taoudenni in northern Mali; some members of Mali's Tamachek community are subjected to hereditary slavery-related practices; Malian women and girls are victims of sex trafficking in Gabon, Libya, Lebanon, and Tunisia; the recruitment of child soldiers by armed groups in northern Mali decreased
tier rating: Tier 2 Watch List - Mali does not fully comply with the minimum standards for the elimination of trafficking; however, it is making significant efforts to do so; in 2014, Mali was granted a waiver from an otherwise required downgrade to Tier 3 because its government has a written plan that, if implemented would constitute making significant efforts to bring itself into compliance with the minimum standards for the elimination of trafficking; officials failed to distribute the 2012 anti-trafficking law to judicial and law enforcement personnel, perpetuating a lack of understanding and awareness of the legislation; anti-trafficking law enforcement efforts decreased in 2014, with only one case investigated and no prosecutions or convictions; fewer victims were identified, and the government did not support the privately funded NGOs and international organizations it relied upon to provide victims with services; the government did not conduct any awareness-raising campaigns, workshops, or training sessions (2015)

Economic Indicators for Mali including actual values, historical data, and latest data updates for the Mali economy.