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 167 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 167 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.

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 167 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 167 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.

Download this data

CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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
167 places, 8,248 data points, 1960–2024
Last refreshed

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