UBI RADAR
EN / ES

TOOL · GROSS COST

How much would a basic income cost in Mali?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 12,725,943child population 11,043,184year 2023World Bank WDI

GROSS ANNUAL COST

175,176 million

in XOFF CFA 175,176,336,000

Equal to 1.2% of reference GDP

Population covered: 23,769,127 people

Adults: 12,725,943 × F CFA 800 × 12 = F CFA 122,169,052,800

Children: 11,043,184 × F CFA 400 × 12 = F CFA 53,007,283,200

F CFA 122,169,052,800 + F CFA 53,007,283,200 = F CFA 175,176,336,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $24,777,941,861 · World Bank WDI

Currency XOF · exchange rate 606.5698 XOF/USD (2023)

Converted cost $288,798,338 for the GDP share.