Economy
Nominal GDP
USD 27.2 billion
GDP per capita
USD 1,067
2021–2025 average
Currency
- Name
- West African CFA franc
Франк КФА BCEAO - ISO code
- XOF
- Rate against the US dollar
- USD 1 = 579.64 XOF
- Rate against the rouble
- 10 XOF = 1.4416 RUB
- Rate type
- Cross rate via the Bank of Russia USD/RUB rate
- Currency zone
- West African CFA franc (XOF)
- Note
- fixed peg to the euro: 1 EUR = 655.957 CFA francs
Exchange rate as of 1 October 2026
Economic structure
GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average
- Agriculture 32.3%
- Industry 25.2%
- Services 35.8%
Industries and programmes
- Key industries
- Gold mining, cotton growing, livestock farming, trade, and services.
- Government programmes
- “Mali Kura” National Strategy through 2063
- New Mining Code 2023 increasing the state’s share
International trade
Exports of goods, 2021–2025
USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025
Table
| Year | USD billion | index, 2021 = 100 |
|---|---|---|
| 2021 | 4.86 | 100.0 |
| 2022 | 5.38 | 110.7 |
| 2023 | 5.66 | 116.5 |
| 2024 | 5.53 | 113.8 |
| 2025 | 4.86 | 100.0 |
- Imports of goods
- USD 6.32 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
- Exports of goods and services
- USD 6.64 billion 2025Source: World Bank, national accounts. Period: 2025
- Change in exports of goods, 2021–2025
- 0.0%
- Average annual rate of change in exports of goods, 2021–2025
- 0.0%
Export specialisation
Main export products
share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023
Main export destinations
share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023
Investment areas
- Lithium mining
- Energy and renewables
- Manufacturing and food processing
Agreements with Russia
Investment protection
There is no bilateral agreement with Russia on the promotion and reciprocal protection of investments.
Absent
Double taxation
Agreement (Convention) on the avoidance of double taxation: signed 25 June 1996; in force since 13 September 1999
In force
Visa requirements
Russian citizens holding ordinary passports require a visa.
Visa required
Peaceful nuclear energy
- intergovernmental agreement (June 2025)
- memoranda with Rosatom (2023, 2024)
Intergovernmental agreement
Other agreements
- Agreement on the Foundations of Relations (23 June 2025; ratified by Russia in December 2025).
Incentives
- Main regimes and incentives
Investment Code 2012: regimes A and B — equipment duty exemptions, tax holidays of up to 8 years; Mining Code 2023.
- Type of measure
- Investment agency
- API-Mali — Mali Investment Promotion Agency (Agence pour la Promotion des Investissements)
