Highlights

  • Third largest producer of gold in Africa, Mali is of considerable potential in agriculture and mining. Iron and bauxite industries are still untapped and there is a real potential for development of the building materials industry (limestone, marble and granite).
  • Between 2016-2017, the Malian economy experienced an average annual growth of 5.6% compared with 5.2% over the period 2010-2015 thanks to the improved political climate notwithstanding insecurities in the North, and significant investments in infrastructure.
  • In the medium term, the growth of Mali should remain steady, around 5% driven by agriculture, telecommunications, transport and investments with the entry into force of the law on public-private partnerships and the operationalization of the Sustainable Development Fund for regional projects, particularly in the North of the country.
  • In spite of the increase in investment, the ongoing budgetary consolidation efforts should bring the budget deficit below 3% of GDP in 2019, against 2.9 percent in 2017.
  • Mali is a country with great agro-pastoral and tourism potential.

 

  2013 2014 2015 2016 2017 2018
GDP growth (%) 2.3 7.1 6.2 5.8 5.4 5.1
Investment rate* 19.3 20.2 20.8 22.8 22.1 21.6
Inflation rate (annual average) -0.6 0.9 1.4 -1.8 1.8 1.9
Underlying budget balance / Nominal GDP (%)* -2.4 -2.9 -2.2 -3.9 -2.9 -4.2
Current balance, grants included* -2.8 -4.7 -5.3 -7.2 -5.7 -5.2
Overall debt* 26.4 27.3 30.7 35.9 35.6 35.9

Sources : BCEAO except the debt data provided by the IMF (Regional Economic outlook report, April 2018)
* in % of GDP 

InstrumentDate of operationValue dateDeadlineAmount
(in millions of FCFA)
StatusMore