Military expenditure in Mali

Mali: Military expenditure was 563.52 billion current LCU in 2024. ◆ Volatile

Latest (2024)
563.52 billion current LCU
Change on year
up 18.3%
World rank
35th
of 168 countries
All-time high
563.52 billion current LCU
in 2024
All-time low
962.00 million current LCU
in 1961
Years of data
62
1961–2024

Military expenditure in Mali, 1961–2024

0200.0B400.0B600.0B196119922024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

Mali recorded 563.52 billion current LCU for military expenditure in 2024. That is the highest value across all 62 years on record.

Compared with earlier readings it is up 18.3% on the previous year and up 422.5% over ten years.

Over the whole period, military expenditure in Mali peaked at 563.52 billion current LCU in 2024 and was at its lowest, 962.00 million current LCU, in 1961.

That places Mali 35th out of 168 countries with data for 2024, putting it in the top quarter.

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

Military expenditure in Mali, year by year

Annual values for Military expenditure (current LCU) in Mali, 1961 to 2024.
Year current LCU Change
1961 962.00 million current LCU
1962 1.06 billion current LCU +10.6%
1963 1.07 billion current LCU +0.8%
1964 1.27 billion current LCU +18.3%
1965 1.14 billion current LCU -10.2%
1966 1.14 billion current LCU +0.0%
1967 1.25 billion current LCU +9.7%
1968 1.30 billion current LCU +4.0%
1969 1.48 billion current LCU +13.5%
1970 1.70 billion current LCU +15.3%
1971 1.60 billion current LCU -5.9%
1972 2.10 billion current LCU +31.2%
1973 2.45 billion current LCU +16.5%
1974 2.80 billion current LCU +14.5%
1975 4.10 billion current LCU +46.4%
1976 5.20 billion current LCU +26.8%
1977 6.40 billion current LCU +23.1%
1978 7.00 billion current LCU +9.4%
1979 7.70 billion current LCU +10.0%
1980 8.10 billion current LCU +5.2%
1981 8.60 billion current LCU +6.2%
1982 9.70 billion current LCU +12.8%
1983 10.20 billion current LCU +5.2%
1984 11.10 billion current LCU +8.8%
1985 13.40 billion current LCU +20.7%
1986 13.00 billion current LCU -3.0%
1987 13.30 billion current LCU +2.3%
1988 14.30 billion current LCU +7.5%
1989 14.70 billion current LCU +2.8%
1990 14.20 billion current LCU -3.4%
1993 12.60 billion current LCU -11.3%
1994 16.60 billion current LCU +31.7%
1995 20.20 billion current LCU +21.7%
1996 20.30 billion current LCU +0.5%
1997 23.50 billion current LCU +15.8%
1998 24.20 billion current LCU +3.0%
1999 27.00 billion current LCU +11.6%
2000 31.10 billion current LCU +15.2%
2001 32.90 billion current LCU +5.8%
2002 34.40 billion current LCU +4.6%
2003 38.80 billion current LCU +12.8%
2004 40.90 billion current LCU +5.4%
2005 45.60 billion current LCU +11.5%
2006 50.20 billion current LCU +10.1%
2007 52.90 billion current LCU +5.4%
2008 64.00 billion current LCU +21.0%
2009 68.20 billion current LCU +6.6%
2010 72.70 billion current LCU +6.6%
2011 76.00 billion current LCU +4.5%
2012 76.00 billion current LCU +0.0%
2013 76.00 billion current LCU +0.0%
2014 107.84 billion current LCU +41.9%
2015 182.86 billion current LCU +69.6%
2016 214.96 billion current LCU +17.6%
2017 270.22 billion current LCU +25.7%
2018 267.73 billion current LCU -0.9%
2019 278.70 billion current LCU +4.1%
2020 341.75 billion current LCU +22.6%
2021 362.11 billion current LCU +6.0%
2022 362.99 billion current LCU +0.2%
2023 476.32 billion current LCU +31.2%
2024 563.52 billion current LCU +18.3%

Mali compared with similar countries

  • Mali's 563.52 billion current LCU is above the median for low income countries, which is 202.63 billion current LCU, 2.8× the median. (25 countries reporting)
  • Mali's 563.52 billion current LCU is above the median for Sub-Saharan Africa, which is 114.43 billion current LCU, 4.9× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military expenditure in Mali changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2015 +69.6% 107.84 billion current LCU 182.86 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.19 billion current LCU 962.00 million current LCU 1.48 billion current LCU 9
1970s 4.10 billion current LCU 1.60 billion current LCU 7.70 billion current LCU 10
1980s 11.64 billion current LCU 8.10 billion current LCU 14.70 billion current LCU 10
1990s 19.82 billion current LCU 12.60 billion current LCU 27.00 billion current LCU 8
2000s 45.90 billion current LCU 31.10 billion current LCU 68.20 billion current LCU 10
2010s 162.30 billion current LCU 72.70 billion current LCU 278.70 billion current LCU 10
2020s 421.34 billion current LCU 341.75 billion current LCU 563.52 billion current LCU 5

Countries ranked near Mali

  1. 32 Burkina Faso 620.76 billion current LCU compare
  2. 33 Mongolia 613.07 billion current LCU compare
  3. 34 Kazakhstan 567.75 billion current LCU compare
  4. 36 Armenia 557.00 billion current LCU compare
  5. 37 Madagascar 552.02 billion current LCU compare
  6. 38 Burundi 495.58 billion current LCU compare

See the full ranking of 168 places →

More public sector data for Mali

All data for Mali →

Frequently asked questions

What is military expenditure in Mali?
Military expenditure in Mali was 563.52 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Mali?
The highest recorded value was 563.52 billion current LCU in 2024.
What is the lowest military expenditure recorded in Mali?
The lowest recorded value was 962.00 million current LCU in 1961.
How does Mali rank for military expenditure?
Mali ranks 35th out of 168 countries with data for 2024.
Is military expenditure rising or falling in Mali?
Over the last ten years it is up 422.5%. The long-run trend across the full record is volatile.
Where does this Mali data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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Military expenditure in Mali. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 23 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/mali/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 8,265 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)