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Mali Economy
GDP:
purchasing power parity - $10.53 billion (2003 est.)
GDP - real growth rate:
0.5% (2003 est.)
GDP - per capita:
purchasing power parity - $900 (2003 est.)
GDP - composition by sector:
agriculture: 45%
industry: 17%
services: 38% (2001 est.)
Population below poverty line:
64% average; 30% of the total population living in urban areas; 70% of the total population living in rural areas) (2001 est.)
Household income or consumption by percentage share:
lowest 10%: 1.8%
highest 10%: 40.4% (1994)
Distribution of family income - Gini index:
50.5 (1994)
Inflation rate (consumer prices):
4.5% (2002 est.)
Labor force:
3.93 million (2001 est.)
Labor force - by occupation:
agriculture and fishing 80% (2001 est.)
Unemployment rate:
14.6% urban areas; 5.3% rural areas (2001 est.)
Budget:
revenues: $764 million
expenditures: $828 million, including capital expenditures of NA (2002 est.)
Industries:
food processing; construction; phosphate and gold mining
Industrial production growth rate:
NA (FY96/97)
Electricity - production:
480.2 million kWh (2001)
Electricity - production by source:
fossil fuel: 41.7%
hydro: 58.3%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
446.6 million kWh (2001)
Electricity - exports:
0 kWh; note - recent hydropower developments may be providing electricity to Senegal and Mauritania (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
4,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Agriculture - products:
cotton, millet, rice, corn, vegetables, peanuts; cattle, sheep, goats
Exports:
$915 million f.o.b. (2002 est.)
Exports - commodities:
cotton, gold, livestock
Exports - partners:
Thailand 14.2%, China 12.3%, India 8%, Italy 7.5%, UK 6.1% (2003 est.)
Imports:
$927 million f.o.b. (2002 est.)
Imports - commodities:
petroleum, machinery and equipment, construction materials, foodstuffs, textiles
Imports - partners:
France 15.5%, Senegal 7.8%, Cote d'Ivoire 7.2% (2003 est.)
Debt - external:
$3.3 billion (2000)
Economic aid - recipient:
$596.4 million (2001)
Currency:
Communaute Financiere Africaine franc (XOF); note - responsible authority is the Central Bank of the West African States
Currency code:
XOF
Exchange rates:
Communaute Financiere Africaine francs (XOF) per US dollar - 581.2 (2003), 696.988 (2002), 733.039 (2001), 711.976 (2000), 615.699 (1999)
Fiscal year:
calendar year
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