Military spending in Mali

Mali: Military spending was 873.89 million constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
873.89 million constant 2022 US$
Change on year
up 7.5%
World rank
91st
of 172 countries
All-time high
873.89 million constant 2022 US$
in 2023
All-time low
37.56 million constant 2022 US$
in 1970
Years of data
64
1960–2023

Military spending in Mali, 1960–2023

0200.0M400.0M600.0M800.0M196019912023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in Mali stood at 873.89 million constant 2022 US$. That is the highest value across all 64 years on record.

That represents a change of up 7.5% on the previous year and up 198.8% over ten years.

Over the whole period, military spending in Mali peaked at 873.89 million constant 2022 US$ in 2023 and was at its lowest, 37.56 million constant 2022 US$, in 1970.

Mali ranks 91st of 172 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending in Mali, year by year

Annual values for Military spending in Mali, 1960 to 2023.
Year constant 2022 US$ Change
1960 38.30 million constant 2022 US$
1961 46.69 million constant 2022 US$ +21.9%
1962 54.86 million constant 2022 US$ +17.5%
1963 51.94 million constant 2022 US$ -5.3%
1964 55.70 million constant 2022 US$ +7.2%
1965 57.48 million constant 2022 US$ +3.2%
1966 47.97 million constant 2022 US$ -16.5%
1967 43.40 million constant 2022 US$ -9.5%
1968 37.76 million constant 2022 US$ -13.0%
1969 37.63 million constant 2022 US$ -0.3%
1970 37.56 million constant 2022 US$ -0.2%
1971 38.02 million constant 2022 US$ +1.2%
1972 45.78 million constant 2022 US$ +20.4%
1973 47.44 million constant 2022 US$ +3.6%
1974 51.04 million constant 2022 US$ +7.6%
1975 62.75 million constant 2022 US$ +22.9%
1976 72.74 million constant 2022 US$ +15.9%
1977 85.34 million constant 2022 US$ +17.3%
1978 85.34 million constant 2022 US$ -0.0%
1979 91.98 million constant 2022 US$ +7.8%
1980 96.68 million constant 2022 US$ +5.1%
1981 90.55 million constant 2022 US$ -6.3%
1982 94.65 million constant 2022 US$ +4.5%
1983 82.33 million constant 2022 US$ -13.0%
1984 85.07 million constant 2022 US$ +3.3%
1985 78.52 million constant 2022 US$ -7.7%
1986 85.52 million constant 2022 US$ +8.9%
1987 92.39 million constant 2022 US$ +8.0%
1988 93.25 million constant 2022 US$ +0.9%
1989 83.20 million constant 2022 US$ -10.8%
1990 76.92 million constant 2022 US$ -7.5%
1991 79.33 million constant 2022 US$ +3.1%
1992 89.43 million constant 2022 US$ +12.7%
1993 86.22 million constant 2022 US$ -3.6%
1994 75.55 million constant 2022 US$ -12.4%
1995 73.91 million constant 2022 US$ -2.2%
1996 66.48 million constant 2022 US$ -10.0%
1997 70.14 million constant 2022 US$ +5.5%
1998 65.87 million constant 2022 US$ -6.1%
1999 68.76 million constant 2022 US$ +4.4%
2000 80.79 million constant 2022 US$ +17.5%
2001 87.40 million constant 2022 US$ +8.2%
2002 100.70 million constant 2022 US$ +15.2%
2003 109.00 million constant 2022 US$ +8.2%
2004 138.28 million constant 2022 US$ +26.9%
2005 147.90 million constant 2022 US$ +7.0%
2006 157.85 million constant 2022 US$ +6.7%
2007 173.26 million constant 2022 US$ +9.8%
2008 184.10 million constant 2022 US$ +6.3%
2009 202.00 million constant 2022 US$ +9.7%
2010 207.47 million constant 2022 US$ +2.7%
2011 227.59 million constant 2022 US$ +9.7%
2012 237.16 million constant 2022 US$ +4.2%
2013 292.45 million constant 2022 US$ +23.3%
2014 365.04 million constant 2022 US$ +24.8%
2015 471.79 million constant 2022 US$ +29.2%
2016 559.28 million constant 2022 US$ +18.5%
2017 712.09 million constant 2022 US$ +27.3%
2018 762.65 million constant 2022 US$ +7.1%
2019 807.90 million constant 2022 US$ +5.9%
2020 807.21 million constant 2022 US$ -0.1%
2021 826.77 million constant 2022 US$ +2.4%
2022 813.00 million constant 2022 US$ -1.7%
2023 873.89 million constant 2022 US$ +7.5%

Mali compared with similar countries

  • Mali's 873.89 million constant 2022 US$ is above the median for low income countries, which is 387.93 million constant 2022 US$, 2.3× the median. (25 countries reporting)
  • Mali's 873.89 million constant 2022 US$ is above the median for Sub-Saharan Africa, which is 350.64 million constant 2022 US$, 2.5× the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 47.17 million constant 2022 US$ 37.63 million constant 2022 US$ 57.48 million constant 2022 US$ 10
1970s 61.80 million constant 2022 US$ 37.56 million constant 2022 US$ 91.98 million constant 2022 US$ 10
1980s 88.22 million constant 2022 US$ 78.52 million constant 2022 US$ 96.68 million constant 2022 US$ 10
1990s 75.26 million constant 2022 US$ 65.87 million constant 2022 US$ 89.43 million constant 2022 US$ 10
2000s 138.13 million constant 2022 US$ 80.79 million constant 2022 US$ 202.00 million constant 2022 US$ 10
2010s 464.34 million constant 2022 US$ 207.47 million constant 2022 US$ 807.90 million constant 2022 US$ 10
2020s 830.22 million constant 2022 US$ 807.21 million constant 2022 US$ 873.89 million constant 2022 US$ 4

Countries ranked near Mali

  1. 88 Tanzania 1.03 billion constant 2022 US$ compare
  2. 89 Dominican Republic 984.06 million constant 2022 US$ compare
  3. 90 Slovenia 974.21 million constant 2022 US$ compare
  4. 92 South Sudan 863.21 million constant 2022 US$ compare
  5. 93 Cambodia 851.72 million constant 2022 US$ compare
  6. 94 Sudan 809.71 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Mali

All data for Mali →

Frequently asked questions

What is military spending in Mali?
Military spending in Mali was 873.89 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Mali?
The highest recorded value was 873.89 million constant 2022 US$ in 2023.
What is the lowest military spending recorded in Mali?
The lowest recorded value was 37.56 million constant 2022 US$ in 1970.
How does Mali rank for military spending?
Mali ranks 91st out of 172 countries with data for 2023.
Is military spending rising or falling in Mali?
Over the last ten years it is up 198.8%. The long-run trend across the full record is volatile.
Where does this Mali data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Mali. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/mali/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.