
Mali's economy is primarily agricultural, with cotton, millet, and rice as major crops. Livestock and fishing also contribute significantly. Gold mining is a key driver of exports and government revenue, making Mali one of Africa's largest gold producers. Much of the economy remains informal, and rural livelihoods depend heavily on subsistence farming. Challenges include poverty, insecurity, and limited infrastructure. Development aid and investment in mining and agriculture provide growth opportunities. Long-term, improving governance and infrastructure is critical for sustainable GDP expansion. Despite challenges, Mali's resource wealth and agricultural base remain vital to its economy.
World Bank GDP economic data: 2010-2024. Last updated Oct 2025.
Mali GDP Statistics by Year
| Year | GDP Size (in billions $) |
| 2024 | 27 |
| 2023 | 25 |
| 2022 | 22 |
| 2021 | 23 |
| 2020 | 21 |
| 2019 | 20 |
| 2018 | 20 |
| 2017 | 18 |
| 2016 | 17 |
| 2015 | 16 |
| 2014 | 17 |
| 2013 | 16 |
| 2012 | 15 |
| 2011 | 16 |
| 2010 | 13 |
