ABC logo

. Index

. Flag

. Geography

. People

. Government

. Economy

. Transportation

. Commun'tions

. Defense

. Geo Names

. Feedback

===========

Ad

Mali


    • Overview:
      Mali is among the poorest countries in the world, with 65% of its land area desert or semidesert. Economic activity is largely confined to the riverine area irrigated by the Niger. About 10% of the population is nomadic and some 80% of the labor force is engaged in agriculture and fishing. Industrial activity is concentrated on processing farm commodities. The economy is beginning to turn around after contracting through 1992-93, largely because of enhanced exports and import substitute production in the wake of the 50% devaluation of January 1994. Post-devaluation inflation appears to have peaked at 35% in 1994 and the government appears to be keeping on track with its IMF structural adjustment program.

    • National product:
      GDP - purchasing power parity - $5.4 billion (1994 est.)

    • National product real growth rate:
      2.4% (1994 est.)

    • National product per capita:
      $600 (1994 est.)

    • Inflation rate (consumer prices):
      35% (1994 est.)

    • Unemployment rate:
      NA%

    • Budget:

        revenues:
        $376 million

        expenditures:
        $697 million, including capital expenditures of $NA (1992 est.)

    • Exports:
      $415 million (f.o.b., 1993)

        commodities:
        cotton, livestock, gold

        partners:
        mostly franc zone and Western Europe

    • Imports:
      $842 million (f.o.b., 1993)

        commodities:
        machinery and equipment, foodstuffs, construction materials, petroleum, textiles

        partners:
        mostly franc zone and Western Europe

    • External debt:
      $2.6 billion (1991 est.)

    • Industrial production:
      growth rate -1.4% (1992 est.); accounts for 13.0% of GDP

    • Electricity:

        capacity:
        90,000 kW

        production:
        310 million kWh

        consumption per capita:
        33 kWh (1993)

    • Industries:
      minor local consumer goods production and food processing, construction, phosphate and gold mining

    • Agriculture:
      accounts for 50% of GDP; mostly subsistence farming; cotton and livestock products account for over 70% of exports; other crops - millet, rice, corn, vegetables, peanuts; livestock - cattle, sheep, goats

    • Economic aid:

        recipient:
        US commitments, including Ex-Im (FY70-89), $349 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-89), $3.02 billion; OPEC bilateral aid (1979-89), $92 million; Communist countries (1970-89), $190 million

    • Currency:
      1 CFA franc (CFAF) = 100 centimes

    • Exchange rates:
      Communaute Financiere Africaine francs (CFAF) per US$1 - 529.43 (January 1995), 555.20 (1994), 283.16 (1993), 264.69 (1992), 282.11 (1991), 272.26 (1990)

        note:
        beginning 12 January 1994, the CFA franc was devalued to CFAF 100 per French franc from CFAF 50 at which it had been fixed since 1948

    • Fiscal year:
      calendar year






Thank you for making this an award winning site

Please put this page in your BOOKMARKS - - - - -




ITA Home Page
The IMMIGRATION Superhighway Feedback

ITA WWWDesign
Flags of all Countries
Yahoo search

Revised 13-August-1997


HTML Colors; Greece Geography Economy, people, communications, transportation, flags, maps