Mali is among the 25 poorest countries in the world, with 65% of its land area desert or semidesert and with a highly unequal distribution of income. 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 farming and fishing. Industrial activity is concentrated on processing farm commodities. Mali is heavily dependent on foreign aid and vulnerable to fluctuations in world prices for gold and cotton, its main exports. The government has continued its successful implementation of an IMF-recommended struc... More..
SOURCE: CIA - The World Factbook | |
Currency | West African CFA Franc |
---|---|
Fiscal Year | 01 January - 31 December |
GDP (PPP) | $15.52 billion (2009 est.) |
GDP (per capita) | $1,200 (2009 est.) |
Exports | $294 million (2006) |
Imports | $2.358 billion (2006) |
Main Industries | Food Processing; Construction; Phosphate and Gold Mining |
Exports - Commodities | Cotton, Gold, Livestock |
Imports - Commodities | Petroleum, Machinery and Equipment, Construction Materials, Foodstuffs, Textiles |
Exports Partners | China 26.4%, Thailand 10.6%, Denmark 6.4%, Pakistan 5.1%, Morocco 4.9% (2008) |
Imports Partners | Senegal 13.1%, Cote dIvoire 11.9%, France 11.3%, China 5.9% (2008) |
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