Overview
Mali, a vast Sahelian country, has a low-income economy that is undiversified and vulnerable to commodity fluctuations. Its rapid population growth and climate change pose a threat to agriculture and food security.
What are the development challenges in Mali?
Extreme poverty increased further to 19.1% in 2022, driven by the erosion of the purchasing power of the most vulnerable, owing to soaring consumer prices and weak economic growth. Some 90% of the country’s poverty is concentrated in the densely populated rural areas of the south.
Source: World Bank, 2023.
