Economy - overview:
Among the 25 poorest countries in the world, Mali is a landlocked country highly dependent on gold mining and agricultural exports for revenue. The country's fiscal status fluctuates with gold and agricultural commodity prices and the harvest. Mali remains dependent on foreign aid. Economic activity is largely confined to the riverine area irrigated by the Niger River and about 65% of its land area is desert or semidesert. About 10% of the population is nomadic and about 80% of the labor force is engaged in farming and fishing. Industrial activity is concentrated on processing farm commodities. The government in 2011 completed an IMF extended credit facility program that has helped the economy grow, diversify, and attract foreign investment. Mali is developing its cotton and iron ore extraction industries to diversify foreign exchange revenue away from gold. Mali has invested in tourism but security issues are hurting the industry. Mali experienced economic growth of about 5% per year between 1996-2010.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Exchange rates:
NOTE: 1) The information regarding Mali on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Mali Economy 2012 information contained here. All suggestions for corrections of any errors about Mali Economy 2012 should be addressed to the CIA.
$18.26 billion (2011 est.)
country comparison to the world: 132
note: data are in 2011 US dollars
[see also: GDP country ranks ]
$11 billion (2011 est.)
[see also: GDP (official exchange rate) country ranks ]
5.3% (2011 est.)
country comparison to the world: 64
[see also: GDP - real growth rate country ranks ]
$1,300 (2011 est.)
country comparison to the world: 202
note: data are in 2011 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 38.8%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 21.9%
[see also: GDP - composition by sector - industry country ranks ]
services: 39.3% (2011 est.)
[see also: GDP - composition by sector - services country ranks ]
3.241 million (2007 est.)
country comparison to the world: 99
[see also: Labor force country ranks ]
agriculture: 80%
[see also: Labor force - by occupation - agriculture country ranks ]
industry and services: 20% (2005 est.)
30% (2004 est.)
country comparison to the world: 178
[see also: Unemployment rate country ranks ]
36.1% (2005 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: 2.7%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 30.5% (2006)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
40.1 (2001)
country comparison to the world: 63
[see also: Distribution of family income - Gini index country ranks ]
23.5% of GDP (2011 est.)
country comparison to the world: 75
[see also: Investment (gross fixed) country ranks ]
revenues: $2.152 billion
[see also: Budget revenues country ranks ]
expenditures: $2.608 billion (2011 est.)
[see also: Budget expenditures country ranks ]
19.6% of GDP (2011 est.)
country comparison to the world: 158
[see also: Taxes and other revenues country ranks ]
-4.1% of GDP (2011 est.)
country comparison to the world: 128
[see also: Budget surplus (+) or deficit (-) country ranks ]
32.6% of GDP (2011 est.)
country comparison to the world: 95
[see also: Public debt country ranks ]
3.6% (2011 est.)
country comparison to the world: 80
[see also: Inflation rate (consumer prices) country ranks ]
16% (31 December 2010 est.)
country comparison to the world: 89
[see also: Central bank discount rate country ranks ]
9% (31 December 2011 est.)
country comparison to the world: 113
[see also: Commercial bank prime lending rate country ranks ]
$1.882 billion (31 December 2011 est.)
country comparison to the world: 125
[see also: Stock of narrow money country ranks ]
$3.009 billion (31 December 2011 est.)
country comparison to the world: 141
[see also: Stock of broad money country ranks ]
$1.409 billion (31 December 2011 est.)
country comparison to the world: 148
[see also: Stock of domestic credit country ranks ]
$NA
[see also: Market value of publicly traded shares country ranks ]
cotton, millet, rice, corn, vegetables, peanuts; cattle, sheep, goats
food processing; construction; phosphate and gold mining
NA%
[see also: Industrial production growth rate country ranks ]
490 million kWh (2008 est.)
country comparison to the world: 160
[see also: Electricity - production country ranks ]
455.7 million kWh (2008 est.)
country comparison to the world: 166
[see also: Electricity - consumption country ranks ]
0 kWh
note: Mali may be providing electricity to Senegal and Mauritania (2009 est.)
[see also: Electricity - exports country ranks ]
0 kWh (2009 est.)
[see also: Electricity - imports country ranks ]
0 bbl/day (2010 est.)
country comparison to the world: 199
[see also: Oil - production country ranks ]
6,000 bbl/day (2010 est.)
country comparison to the world: 162
[see also: Oil - consumption country ranks ]
0 bbl/day (2009 est.)
country comparison to the world: 191
[see also: Oil - exports country ranks ]
4,507 bbl/day (2009 est.)
country comparison to the world: 163
[see also: Oil - imports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 99
[see also: Natural gas - production country ranks ]
0 cu m (2009 est.)
country comparison to the world: 205
[see also: Natural gas - consumption country ranks ]
0 cu m (2009 est.)
country comparison to the world: 144
[see also: Natural gas - exports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 94
[see also: Natural gas - imports country ranks ]
0 cu m (1 January 2011 est.)
country comparison to the world: 167
[see also: Natural gas - proved reserves country ranks ]
-$798.6 million (2011 est.)
country comparison to the world: 119
[see also: Current account balance country ranks ]
$2.7 billion (2011 est.)
country comparison to the world: 130
[see also: Exports country ranks ]
cotton, gold, livestock
China 27.2%, Indonesia 8.2%, Thailand 5.3%, Burkina Faso 5.2%, Morocco 5%, South Korea 4.9% (2010)
$2.942 billion (2011 est.)
country comparison to the world: 147
[see also: Imports country ranks ]
petroleum, machinery and equipment, construction materials, foodstuffs, textiles
Senegal 13.6%, France 11%, Cote dIvoire 10%, China 6.8%, South Korea 5.2% (2010)
$2.026 billion (31 December 2011 est.)
country comparison to the world: 120
[see also: Reserves of foreign exchange and gold country ranks ]
$3.542 billion (31 December 2011 est.)
country comparison to the world: 128
[see also: Debt - external country ranks ]
Communaute Financiere Africaine francs (XOF) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 07-Mar-12