Mali recorded growth of 3.2 percent after a contraction of 1.2 percent in 2020. The continuation of price increases (4.1 percent in 2021 compared to 0.5 percent in 2020) is attributable to high food prices. The Central Bank of West African States (BCEAO) has maintained an accommodating monetary policy stance. The current account deficit has widened to 4.5 percent of GDP in 2022. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
Mali is a member of the West African Economic and Monetary Union (UEMOA) and is a member of the Regional Stock Exchange (BRVM), a stock exchange common to all eight (8) countries of the union. At the end of December 2022, the BRVM had 46 listed companies representing a market capitalization of $12.2 billion. Foreign direct investment flows to Niger will increase by 23% in 2021, from $536.9 million in 2020 to $659.7 million.
