Factsheet on Mali
Embassy of India 1. Official Name Republic of Mali 2. Capital Bamako 3. Neighbors Algeria, Niger, Burkina Faso, Cote d’Ivoire, Guinea, Senegal and Mauritania 4. Area Approx. 1.24 million sq km 5. Currency CFA/XOF common to 8 West African countries 6. Population 24.1 million (2024) 7. Religion 93.9% Islam, 2.8% Christian, 3.2% Animists and others 8. Languages Bambara (spoken by around 80% of population), French and numerous other African languages 9. National Day Independence Day – 22 September (1960) 10. Form of Government/Forthcoming Election (if any) Presidential system of government (5 years term – with two term Constitutional limit). Last presidential election was held on 29 Jul 2018 with a run-off on 12 Aug 2018. Two military coups took place in August 2020 and May 2021. Currently, Mali is under the administration of a Transition Government. 11. Major Political Parties Rally for Mali (RPM) Alliance for Democracy in Mali – Pan-African Party for Liberty, Solidarity and Justice (ADEMA-PASJ) Union for the Republic and Democracy (URD) Movement for Mali (MPM) Alliance for Solidarity in Mali - Convergence of Patriotic Forces, (ASMA-CFP) ADP-Maliba (Democratic Alliance for Peace) Convergence for the Development of Mali (CODEM) Yelema (The Change) Party (Transitional government has abolished all political parties in May 2025) 12. Head of State/ H.E. Army General Assimi Goita, President of Transition and Head of State H.E. Major General Abdoulaye Maïga, Prime Minister of Transition, Head of Government and Minister of Territorial Administration and Decentralization (Appointed by the Transitional President) 13. GDP (Current prices) US$ 21.65 billion (2024) (Source: World Economic Outlook 2024, IMF) 14. GDP Growth Rate (Constant prices) 4.7% (2024) (Source: IMF) 15. GDP Per Capita (Current prices) US$ 898.46 (Source: World Economic Outlook 2024, IMF) 16. Principal natural resources Gold, phosphates, kaolin, salt, limestone, uranium, lithium, gypsum, granite, hydro-power 17. Total Trade Approx. US$ 10.8 billion (2024 est) 18. Total Exports/Top exported products/Top importing countries Total Exports: US$ 5.6 billion (2024 est), Export commodities: Gold (85% of total exports). Others export items include livestock, cotton, etc. Export partners: Main export partners are South Africa, Switzerland, Australia, Turkey, China and India (Source: Economic Intelligence Unit, Feb 2025) 19. Total Imports / Top imported products / Top exporting countries Total Imports: US$5.2 billion (2024 est) Imported commodities: fuel, capital equipment, foodstuffs, Pharmaceuticals etc. Import partners: Mali main import partner are China Senegal, France and Ivory Coast. (Source: Trading Economics) 20. Total Bilateral Trade US$ US$ 210.60 million (2024-25) (Source: Export Import database, DoC, GoI) 21. India’s Exports / Top exported products US$128.08 million (2024-25) (Source: Export Import database, DoC, GoI) 22 India’s Imports / Top imported products US$82.52 million (2024-25) (Source: Export Import database, DoC, GoI) 23 Development Partnership with India (LoCs, Grants) LoC Projects: Projects under 7 Lines of Credit (LoC) totaling US$ 303.6 million have been completed. A 225 KV double circuit power transmission project connecting Bamako and Sikasso via Bougouni (395 Kms) at the value of USD 100 million whose construction is in its initial stages and is expected to be completed by August 2022. Completed projects are in the energy sector, agriculture and food processing projects, acquisition of railway coaches and setting up of agro machinery and tractor assembly plant. Grant projects: Gifting of IT Equipment to the Ministry of Foreign Affairs and International Cooperation of Mali - this was announced during the visit of Hon'ble Vice President of India to Mali on September 29-30 2015. These equipment were handed over to MOFA on 14 April 2017. Amount CFA 10,036,500 (Eq Rs. 10,93,074) Cash assistance of US$500,000 towards revival of World heritage site of Timbuktu - this was announced during the visit of Hon'ble Vice President of India to Mali on September 29-30 2015. The donation cheque was handed over to the Minister of Culture on 2 March 2017. by Hon'ble MOS (MJA) during his visit to Mali. Grant assistance of CFA 8,772,251 for procurement of scanning equipment for digitization of documents of the African House of Photography, Bamako under the aegis of Ministry of Culture, Government of Mali. (Eq. Rs. 11,85,263). Grant assistance of CFA 2,806,500 for procurement of basic equipment in the field of obstetrics for a newly built Community Health Centre in Missirikoro, Sikasso, Mali. (Eq Rs. 3,84,163) 24 Projects identified / in pipeline in solar and renewable energy fields, if any During ISA Founding Conference held in New Delhi in March 2018, three solar projects were selected for financing under LOC - two on bilateral basis and one through ECOWAS Bank for Investment and Development (EBID): Setting up a sustainable village and use of solar photo voltaic technology for irrigation of 2500 ha of agricultural land at the value of US$ 22 million Construction of of 50 MW Solar Photo-Voltaic Power Plant in Fana at the value of US$ 60.65 million Construction of 2 MW Solar Photovoltaic plants in Mopti (EBID) - US$ 8 million The LOC for projects (S.No. 1 &2) has been offered by the Government of India and is under consideration by the Government of Mali. 25 Capacity Building (ITEC and ICCR) Training slots allotted to Mali under ITEC Programme is 70 for 2024-25. 15 ICCR scholarships are being offered to Mali annually. 52 Malian students have enrolled for degree/diploma courses offered by GoI under e-Vidya Bharati Arogya Bharati (eVBAB) till the academic session July 2025. 26 Indian Community The number of Indians in Mali is estimated to be around 600. They are mainly in retail business, mining, power, steel, cement, pharmaceuticals and agro industry sectors. Though there is no official association of the Indian community in Mali, they meet often and gather together to celebrate various events and festivals. 27 Indian Investment Indian commodities, pharmaceutical and light engineering products have a significant presence in Mali that otherwise has an abundance of Chinese / EU products. Indians in Mali are engaged primarily in business, mining, power, steel, cement, pharmaceuticals and agro-industry sectors. 28 Membership of major multilateral and regional associations / organizations ACP, AfDB, AU, CD, 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, AES (Confederation of Sahel States) (*Mali along with Burkino Faso and Niger withdrew from ECOWAS) Bamako 19 August 2025
Bamako
Mali - Fact Sheet
(Source: World Economic Outlook 2024, IMF)
Head of Government /
(constitutional term, since when)
(agricultural and mineral)
Note: Bauxite, iron ore, manganese, tin, and copper deposits are known but not exploited
(Source: Economic Intelligence Unit, Feb 2025)
Main items of export: Engineering Goods, Drugs And Pharmaceuticals, Rice, Tea, Cotton Yarn/Fabs./Madeups, Handloom Products Etc.
Main items of import: Cotton, not carded or combed, Gum arabic, unrefined lead and lead alloys, natural gums, oil seeds & oleaginous fruits, etc.
