The economy of Mali is based to a large extent upon agriculture, with a mostly rural population engaged in subsistence agriculture.

Mali Mali (; ), officially the Republic of Mali,, , ff, 𞤈𞤫𞤲𞥆𞤣𞤢𞥄𞤲𞤣𞤭 𞤃𞤢𞥄𞤤𞤭, Renndaandi Maali, italics=no, ar, جمهورية مالي, Jumhūriyyāt Mālī is a landlocked country in West Africa. Mal ...

is among the ten poorest nations of the world, is one of the 37

Heavily Indebted Poor Countries The heavily indebted poor countries (HIPC) are a group of 39 developing countries with high levels of poverty and debt overhang which are eligible for special assistance from the International Monetary Fund (IMF) and the World Bank. The HIPC ...

, and is a major recipient of foreign aid from many sources, including multilateral organizations (most significantly the

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ...

, the

African Development Bank The African Development Bank Group (AfDB) or (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies ...

, and Arab Funds), and bilateral programs funded by the

European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been de ...

, France, the United States, Canada, the Netherlands, and Germany. Before 1991, the former

Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, ...

, China and the

Warsaw Pact The Warsaw Pact (WP) or Treaty of Warsaw, formally the Treaty of Friendship, Cooperation and Mutual Assistance, was a collective defense treaty signed in Warsaw, Poland, between the Soviet Union and seven other Eastern Bloc socialist repub ...

countries had been a major source of economic and military aid. The per capita

gross domestic product Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is oft ...

(GDP) of Mali was $820 in 1999. Mali's great potential wealth lies in

mining Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic ...

and the production of agricultural commodities, livestock, and fish. The most productive agricultural area lies along the banks of the

Niger River The Niger River ( ; ) is the main river of West Africa, extending about . Its drainage basin is in area. Its source is in the Guinea Highlands in south-eastern Guinea near the Sierra Leone border. It runs in a crescent shape through ...

, the

Inner Niger Delta The Inner Niger Delta, also known as the Macina or Masina, is the inland delta of the Niger River. It is an area of fluvial wetlands, lakes and floodplains in the semi-arid Sahel area of central Mali, just south of the Sahara desert. Location ...

and the southwestern region around

Sikasso Sikasso ( Bambara: ߛߌߞߊߛߏ tr. Sikaso) is a city in the south of Mali and the capital of the Sikasso Cercle and the Sikasso Region. It is Mali's second largest city with 225,753 residents in the 2009 census. History Sikasso was founded ...

Macro-economic trend

The following table shows the main economic indicators in 1980–2021. Inflation below 5% is in green.

Agriculture

In 2018, Mali produced:Mali production in 2018, by FAO
/ref> * 3.8 million tons of

maize Maize ( ; ''Zea mays'' subsp. ''mays'', from es, maíz after tnq, mahiz), also known as corn (North American and Australian English), is a cereal grain first domesticated by indigenous peoples in southern Mexico about 10,000 years ago. The ...

; * 3.1 million tons of

rice Rice is the seed of the grass species '' Oryza sativa'' (Asian rice) or less commonly ''Oryza glaberrima'' (African rice). The name wild rice is usually used for species of the genera '' Zizania'' and '' Porteresia'', both wild and domesticat ...

; * 1.8 million tons of millet; * 1.5 million tons of sorghum; * 814 thousand tons of mango (15th largest producer in the world); * 710 thousand tons of

cotton Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus '' Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor pe ...

(15th largest producer in the world); * 551 thousand tons of

watermelon Watermelon (''Citrullus lanatus'') is a flowering plant species of the Cucurbitaceae family and the name of its edible fruit. A scrambling and trailing vine-like plant, it is a highly cultivated fruit worldwide, with more than 1,000 varie ...

; * 522 thousand tons of

onion An onion (''Allium cepa'' L., from Latin ''cepa'' meaning "onion"), also known as the bulb onion or common onion, is a vegetable that is the most widely cultivated species of the genus ''Allium''. The shallot is a botanical variety of the onio ...

; * 512 thousand tons of

okra Okra or Okro (, ), ''Abelmoschus esculentus'', known in many English-speaking countries as ladies' fingers or ochro, is a flowering plant in the mallow family. It has edible green seed pods. The geographical origin of okra is disputed, with su ...

; * 370 thousand tons of

sugar cane Sugarcane or sugar cane is a species of (often hybrid) tall, perennial grass (in the genus '' Saccharum'', tribe Andropogoneae) that is used for sugar production. The plants are 2–6 m (6–20 ft) tall with stout, jointed, fibrous stalk ...

; * 368 thousand tons of

peanut The peanut (''Arachis hypogaea''), also known as the groundnut, goober (US), pindar (US) or monkey nut (UK), is a legume crop grown mainly for its edible seeds. It is widely grown in the tropics and subtropics, important to both small and ...

s; * 312 thousand tons of sweet potato; * 303 thousand tons of

potato The potato is a starchy food, a tuber of the plant ''Solanum tuberosum'' and is a root vegetable native to the Americas. The plant is a perennial in the nightshade family Solanaceae. Wild potato species can be found from the southern Unit ...

; * 226 thousand tons of sheanut; * 215 thousand tons of

cowpea The cowpea (''Vigna unguiculata'') is an annual herbaceous legume from the genus ''Vigna''. Its tolerance for sandy soil and low rainfall have made it an important crop in the semiarid regions across Africa and Asia. It requires very few inputs, ...

; * 196 thousand tons of banana; * 167 thousand tons of

cashew nuts The cashew tree (''Anacardium occidentale'') is a tropical evergreen tree native to South America in the genus '' Anacardium'' that produces the cashew seed and the cashew apple accessory fruit. The tree can grow as tall as , but the dwarf cul ...

(8th largest producer in the world); * 159 thousand tons of

beans A bean is the seed of several plants in the family Fabaceae, which are used as vegetables for human or animal food. They can be cooked in many different ways, including boiling, frying, and baking, and are used in many traditional dishes thr ...

; * 159 thousand tons of

tomato The tomato is the edible berry of the plant ''Solanum lycopersicum'', commonly known as the tomato plant. The species originated in western South America, Mexico, and Central America. The Mexican Nahuatl word gave rise to the Spanish word ...

; In addition to smaller productions of other agricultural products. Agricultural activities occupy 70% of Mali's labor force and provide 42% of the GDP. Cotton and livestock make up 75%–80% of Mali's annual exports. Small-scale traditional farming dominates the agricultural sector, with subsistence farming (of cereals, primarily sorghum, pearl millet, and maize) on about 90% of the under cultivation. The most productive agricultural area lies along the banks of the

between Bamako and Mopti and extends south to the borders of Guinea, Ivory Coast, and

Burkina Faso Burkina Faso (, ; , ff, 𞤄𞤵𞤪𞤳𞤭𞤲𞤢 𞤊𞤢𞤧𞤮, italic=no) is a landlocked country in West Africa with an area of , bordered by Mali to the northwest, Niger to the northeast, Benin to the southeast, Togo and Ghana to ...

. Average rainfall varies in this region from per year around Mopti to in the south near Sikasso. This area is most important for the production of cotton, rice, pearl millet,

, vegetables, tobacco and tree crops. Annual rainfall, critical for Mali's agriculture, has been at or above average since 1993. Cereal production, including rice, has grown annually, and the 1997–98 cotton harvest reached a record 500,000 tons. Until the mid-1960s, Mali was self-sufficient in grains — pearl millet, sorghum, rice and maize. Diminished harvests during bad years, a growing population, changing dietary habits, and, most importantly, policy constraints on agricultural production resulted in grain deficits almost every year from 1965 to 1986. Production has rebounded since 1987 due to agricultural policy reforms undertaken by the government and supported by the Western donor nations. Liberalization of producer prices and an open cereals market have created incentives to production. These reforms, combined with adequate rainfall, successful integrated rural agriculture programs in the south, and improved management of the

Office du Niger The Office du Niger is a semi-autonomous government agency in Mali that administers a large irrigation scheme in the Ségou Region of the country. Water from the Niger River is diverted into a system of canals at the Markala dam downstream of S ...

, have led to surplus cereal production over the past five years.

Rice

Rice is grown extensively along the banks of the Niger between

Ségou Ségou (; bm, ߛߋߓߎ, italic=no, ) is a town and an urban commune in south-central Mali that lies northeast of Bamako on the right bank of the River Niger. The town is the capital of the Ségou Cercle and the Ségou Region. With 130,690 ...

and Mopti, with the most important rice-producing area at the Office du Niger, located north of Ségou toward the Mauritanian border. Using water diverted from the

Niger ) , official_languages = , languages_type = National languagesSorghum is planted extensively in the drier parts of the country and along the banks of the Niger in eastern Mali, as well as in the lake beds in the Niger delta region. During the wet season, farmers near the town of Dire have cultivated wheat on irrigated fields for hundreds of years. Peanuts are grown throughout the country but are concentrated in the area around Kita, west of Bamako.

Livestock

In 2019, Mali produced 276 million liters of

cow's milk Milk is a white liquid food produced by the mammary glands of mammals. It is the primary source of nutrition for young mammals (including breastfed human infants) before they are able to digest solid food. Immune factors and immune-modulati ...

, 270 million liters of camel milk, 243 million liters of

goat The goat or domestic goat (''Capra hircus'') is a domesticated species of goat-antelope typically kept as livestock. It was domesticated from the wild goat (''C. aegagrus'') of Southwest Asia and Eastern Europe. The goat is a member of the a ...

milk, 176 million liters of sheep's milk, 187 thousand tons of

beef Beef is the culinary name for meat from cattle (''Bos taurus''). In prehistoric times, humankind hunted aurochs and later domesticated them. Since that time, numerous breeds of cattle have been bred specifically for the quality or quantit ...

, 64 thousand tons of

lamb meat Lamb, hogget, and mutton, generically sheep meat, are the meat of domestic sheep, ''Ovis aries''. A sheep in its first year is a lamb and its meat is also lamb. The meat from sheep in their second year is hogget. Older sheep meat is mutton. Gen ...

, 54 thousand tons of

chicken meat Chicken is the most common type of poultry in the world. Owing to the relative ease and low cost of raising chickens—in comparison to mammals such as cattle or hogs—chicken meat (commonly called just "chicken") and chicken eggs have becom ...

, among others. Mali's resource in livestock consists of millions of cattle, sheep, and goats. Approximately 40% of Mali's herds were lost during the great drought in 1972–74. The level was gradually restored, but the herds were again decimated in the 1983–85 drought. The overall size of Mali's herds is not expected to reach pre-drought levels in the north of the country, where encroachment of the desert has forced many nomadic herders to abandon pastoral activities and turn instead to farming. The largest concentrations of cattle are in the areas north of Bamako and Ségou extending into the Niger delta, but herding activity is gradually shifting southward, due to the effects of previous droughts. Sheep, goats, and camels are raised to the exclusion of cattle in the dry areas north and east of

Timbuktu Timbuktu ( ; french: Tombouctou; Koyra Chiini: ); tmh, label=Tuareg, script=Tfng, ⵜⵏⴱⴾⵜ, Tin Buqt a city in Mali, situated north of the Niger River. The town is the capital of the Tombouctou Region, one of the eight administrativ ...

Fishing

The Niger River is also an important source of fish, providing food for riverside communities; the surplus—smoked, salted, and dried—is exported. Due to

drought A drought is defined as drier than normal conditions.Douville, H., K. Raghavan, J. Renwick, R.P. Allan, P.A. Arias, M. Barlow, R. Cerezo-Mota, A. Cherchi, T.Y. Gan, J. Gergis, D. Jiang, A. Khan, W. Pokam Mba, D. Rosenfeld, J. Tierney, an ...

and diversion of river water for agriculture, fish production has steadily declined since the early 1980s.

Mining & resources

Mining has long been an important aspect of the Malian economy. Gold, largest source of Malian exports, is still mined in the southern region: at the end of the 20th century Mali had the third highest gold production in Africa (after South Africa and

Ghana Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and To ...

). These goldfields, the largest of which lie in the Bambouk Mountains in western Mali ( Kenieba Cercle), were a major source of wealth and trade as far back as the

Ghana Empire The Ghana Empire, also known as Wagadou ( ar, غانا) or Awkar, was a West African empire based in the modern-day southeast of Mauritania and western Mali that existed from c. 300 until 1100. The Empire was founded by the Soninke people, an ...

. Salt mining in the far north, especially in the Saharan oases of

Taoudenni ar, تودني , nickname = , settlement_type = , total_type = , motto = , translit_lang1= , translit_lang1_type= , translit_lang1_info= , translit_lang1_type1= , translit_lang1_info1= , transli ...

and Taghaza have been a crucial part of the Malian economy for at least seven hundred years. Both resources were vital components of the

Trans-Saharan trade Trans-Saharan trade requires travel across the Sahara between sub-Saharan Africa and North Africa. While existing from prehistoric times, the peak of trade extended from the 8th century until the early 17th century. The Sahara once had a very d ...

, stretching back to the time of the

Roman Empire The Roman Empire ( la, Imperium Romanum ; grc-gre, Βασιλεία τῶν Ῥωμαίων, Basileía tôn Rhōmaíōn) was the post- Republican period of ancient Rome. As a polity, it included large territorial holdings around the Mediter ...

. From the 1960s to the 1990s state owned mining—especially for gold—expanded, followed by a period of expansion by international contract mining. In 1991, following the lead of the International Development Association, Mali relaxed the enforcement of mining codes which led to greater foreign investment in the mining industry. From 1994 to 2007, national and foreign companies were granted around 150 operating licences along with more than 25 certificates for exploitation and more than 200 research permits. Gold mining in Mali has increased dramatically, with more than 50 tonnes in 2007 from less than half a tonne produced annually at the end of the 1980s. Mining revenue totaled some 300 billion CFA francs in 2007 more than a thirty times increase from the 1995 total national mining revenue of less than 10 billion CFA. Government revenues from mining contracts, less than 1% of the state income in 1989 were almost 18% in 2007.

Gold

In 2019, the country was the 16th largest world producer of

gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile me ...

. Gold accounted for some 80% of mining activity in the mid-2000s, while there remain considerable proven reserves of other minerals not currently exploited. Gold has become Mali's largest export, after cotton—historically the basis of Mali's export industry—and livestock. The emergence of gold as Mali's leading export product since 1999 has helped mitigate some of the negative impacts caused by fluctuations in world cotton markets and loss of trade from the Ivorian Civil War to the south. Large private investments in gold mining include Anglogold-Ashanti ($250 million) in

Sadiola Sadiola is a ''commune'' and small town in western Mali, south of Kayes. The ''commune'' includes 46 villages and in 2009 had a population of 39,305. Sadiola has two large open cast gold mine Gold Mine may refer to: * Gold Mine (board game) *G ...

and Yatela, and

Randgold Resources Randgold Resources is a gold mining business operating mainly in Mali. Headquartered in Jersey, Channel Islands, it was listed on the London and the NASDAQ stock exchanges until it merged with Barrick Gold in December 2018. History The company w ...

($140 million) in Morila – both multinational South African companies located respectively in the north-western and southern parts of the country.

Social and environment impacts

While great incomes are produced, most staff employed in the mining industries are from outside Mali, and residents in the areas of intensive mining complain of little benefit from the industry. Populations complain of displacement for the construction of mines: at

Sadiola Gold Mine The Société d'Exploitation des Mines d'Or de Sadiola S.A (SEMOS) project is an open-pit gold mine situated near Sadiola, in the Kayes Region of Mali. The operation was jointly owned by AngloGold Ashanti and IAMGOLD, who each had an effective ...

, 43 villages have lost some land to the mine there, while in Fourou, near the large Syama goldmines, 121 villages saw some displacement. In addition, the continued exploitation of unregulated small scale mining, often by child laborers, supplies a large international gold market in

Bamako Bamako ( bm, ߓߡߊ߬ߞߐ߬ ''Bàmakɔ̌'', ff, 𞤄𞤢𞤥𞤢𞤳𞤮 ''Bamako'') is the capital and largest city of Mali, with a 2009 population of 1,810,366 and an estimated 2022 population of 2.81 million. It is located on the Niger Rive ...

which feeds into international production.Report on Human Rights Practices 2006: Mali
United States

Bureau of Democracy, Human Rights, and Labor The Bureau of Democracy, Human Rights and Labor Affairs (DRL) is a bureau within the United States Department of State. The bureau is under the purview of the Under Secretary of State for Civilian Security, Democracy, and Human Rights. DRL's res ...

(March 6, 2007). ''This article incorporates text from this source, which is in the

public domain The public domain (PD) consists of all the creative work to which no exclusive intellectual property rights apply. Those rights may have expired, been forfeited, expressly waived, or may be inapplicable. Because those rights have expired, ...

.'' Recent criticism has surfaced around the working conditions, pay, and the widespread use of child labor in these small gold mines (as reported recently in the

U.S. Department of Labor The United States Department of Labor (DOL) is one of the United States federal executive departments, executive departments of the federal government of the United States, U.S. federal government. It is responsible for the administration of fede ...

's ''

List of Goods Produced by Child Labor or Forced Labor The ''List of Goods Produced by Child Labor or Forced Labor'' is an annual publication issued by the United States Government’s Bureau of International Labor Affairs at the U.S. Department of Labor. It has been published within the December 2014 D ...

''), and the method with which middlemen, in regional centers like

and

Kayes Kayes ( Bambara: ߞߊߦߌ tr. ''Kayi'', Soninké: ''Xaayi'') is a city in western Mali on the Sénégal River with a population of 127,368 at the 2009 census. Kayes is the capital of the administrative region of the same name. The name "Kayes ...

, purchase and transport gold. Gold collected in the towns is sold on—with almost no regulation or oversight—to larger merchant houses in

or Conakry, and eventually to smelters in Europe. Ecological factors, especially pollution of water by mine tailings, is a major source of concern.

Other minerals

Other mining operations include

kaolin Kaolinite ( ) is a clay mineral, with the chemical composition Al2 Si2 O5( OH)4. It is an important industrial mineral. It is a layered silicate mineral, with one tetrahedral sheet of silica () linked through oxygen atoms to one octahedral ...

salt Salt is a mineral composed primarily of sodium chloride (NaCl), a chemical compound belonging to the larger class of salts; salt in the form of a natural crystalline mineral is known as rock salt or halite. Salt is present in vast quant ...

phosphate In chemistry, a phosphate is an anion, salt, functional group or ester derived from a phosphoric acid. It most commonly means orthophosphate, a derivative of orthophosphoric acid . The phosphate or orthophosphate ion is derived from phosph ...

, and

limestone Limestone ( calcium carbonate ) is a type of carbonate sedimentary rock which is the main source of the material lime. It is composed mostly of the minerals calcite and aragonite, which are different crystal forms of . Limestone forms whe ...

. The government is trying to generate interest in the potential of extracting petroleum from the Taoudeni basin.

Manufacturing

During the colonial period, private capital investment was virtually nonexistent, and public investment was devoted largely to the Office du Niger irrigation scheme and to administrative expenses. Following independence, Mali built some light industries with the help of various donors. Manufacturing, consisting principally of processed agricultural products, accounted for about 8% of the GDP in 1990.

Economic Reform

Between 1992 and 1995, Mali implemented an economic adjustment program that resulted in economic growth and a reduction in financial imbalances. This was reflected in the increased GDP growth rates (9.6% in 2002) and decreased inflation. GDP in 2002 amounted to US$3.2 billion, made up of agriculture 37.8%, industry 26.4% and services 35.9%. Effective implementation of macroeconomic stabilization and economic liberalization policies and the stable political situation resulted in good economic performance and enabled Mali to strengthen the foundations for a market-oriented economy and encourage private sector development, backed up by significant progress in implementing the country's privatization program. Agricultural reform measures were aimed at diversifying and expanding production as well as at reducing costs. Mali's economic performance is fragile, characterized by a vulnerability to climatic conditions, fluctuating terms of trade, dependence on ports in neighboring countries. Mali produces cotton, cereals and rice. Although locally produced rice now provides competition to imported Asian rice, Mali's primary export is cotton. Livestock exports and industry (producing vegetable and cottonseed oils, and textiles) have experienced growth. Although most of Mali is desert or semi-desert, the Niger River is a potential irrigation source. Exports are in three primary sector products (56% gold, 27% cotton, 5% livestock). Ivory Coast is where most of the country's trade goes through and the crisis previously experienced here had a negative effect on Mali's economy. The mining industry in Mali has recently attracted renewed interest and investment from foreign companies. Gold and phosphate are the only minerals mined in Mali although deposits of copper and diamonds do also exist. The emergence of gold as Mali's leading export product since 1999 has helped mitigate some of the negative impact of the cotton and Ivory Coast crises. The development of the oil industry is important due to the country's dependence on the importation of all petroleum products from neighbouring states. Electricity is provided by the parastatal utility, Electricite du Mali.

Foreign aid

Mali residents are mostly French speaking. Mali is a major recipient of foreign aid from many sources, including multilateral organizations (most significantly the

, and Arab Funds), and bilateral programs funded by the

, France, United States, Canada, Netherlands, and Germany. Cooperation from Brazil has been growing quickly, especially in cotton production, by means of developing cotton seeds adapted to the Malian soil. Since 2009, Brazilian cooperation in Mali has raised the quality of the cotton fields and their productivity. Brazilian aide has also started since 2019 in cattle raising and the recovery of eroded soils for agriculture. Before 1991, the former

had been a major source of economic and military aid, including construction of a cement plant and the Kalana gold mine. Currently, aid from Russia is restricted mainly to training and provision of spare parts. Chinese aid remains high, and Chinese-Malian joint venture companies have become more numerous in the last 3 years, leading to the opening of a Chinese investment center. The Chinese are major participants in the textile industry and in large scale construction projects, including a bridge across the Niger, a conference center, an expressway in Bamako, and a stadium in Bamako completed in 2001 for the Africa Cup competition in 2002, named Stade du 26 Mars. In 1998, U.S. assistance reached over $40 million. This included $39 million in sector support through

United States Agency for International Development The United States Agency for International Development (USAID) is an independent agency of the U.S. federal government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $27 b ...

(USAID) programs, largely channeled to local communities through private voluntary agencies;

Peace Corps The Peace Corps is an independent agency and program of the United States government that trains and deploys volunteers to provide international development assistance. It was established in March 1961 by an executive order of President John F ...

program budget of $2.2 million for more than 160 Volunteers serving in Mali;

Self Help Self-help or self-improvement is a self-guided improvement''APA Dictionary of Physicology'', 1st ed., Gary R. VandenBos, ed., Washington: American Psychological Association, 2007.—economically, intellectually, or emotionally—often with a subst ...

and the Democracy Funds of $170,500; and $650,000 designated for electoral support. Military assistance includes $275,000 for the International Military Education Training (IMET) program, $1.6 million for the African Crisis Response Initiative (ACRI), $60,000 for Joint Combined Exercise Training (JCET), and $100,000 for Humanitarian Assistance.

Statistics

GDP: purchasing power parity – $41.22 billion (2017 est.) GDP – real growth rate: 5.4% (2017 est.) GDP – per capita: purchasing power parity – $2,200 (2017 est.) GDP – composition by sector:
''agriculture:'' 41.8% (2017 est.)
''industry:'' 18.1% (2017 est.)
''services:'' 40.5% (2017 est.) Population below poverty line: 36.1% (2005 est.) Household income or consumption by percentage share:
''lowest 10%:'' 2.4% (2001 est.)
''highest 10%:'' 30.2% (2001 est.) Inflation rate (consumer prices): 1.8% (2017 est.) Labor force: 6.447 million (2017 est.) Labor force – by occupation: agriculture and fishing: 80% (2005 est.) industry and services: 20% (2005 est.) Unemployment rate: 12% Budget:
''revenues:'' 3.075 billion (2017 est.)
''expenditures:'' 3.513 billion (2017 est.) Industries: food processing; construction; phosphate and gold mining Industrial production growth rate: 6.3% (2017 est.) Electricity – production: 2.489 billion kWh (2016 est.) Macina uncropped

Electricity – production by source:
''fossil fuel:'' 68%
''hydro:'' 31%
''nuclear:'' 0%
''other:'' 1% (2017 est.) Electricity – consumption: 2.982 billion kWh (2016 est.) Electricity – exports: 0 kWh (2016 est.) Electricity – imports: 800 million kWh (2016 est.) Agriculture – products:

, pearl millet,

, corn,

vegetable Vegetables are parts of plants that are consumed by humans or other animals as food. The original meaning is still commonly used and is applied to plants collectively to refer to all edible plant matter, including the flowers, fruits, stems, ...

cattle Cattle (''Bos taurus'') are large, domesticated, cloven-hooved, herbivores. They are a prominent modern member of the subfamily Bovinae and the most widespread species of the genus ''Bos''. Adult females are referred to as cows and adult ma ...

sheep Sheep or domestic sheep (''Ovis aries'') are domesticated, ruminant mammals typically kept as livestock. Although the term ''sheep'' can apply to other species in the genus '' Ovis'', in everyday usage it almost always refers to domesticated ...

s Exports: $3.06 billion (2017 est.) Exports – commodities: cotton 50%, gold, livestock Exports – partners: Switzerland 31.8%, UAE 15.4%, Burkina Faso 7.8%, Cote d'Ivoire 7.3%, South Africa 5%, Bangladesh 4.6% (2017) Imports: $3.644 billion (2017 est.) Imports – commodities: petroleum, machinery and equipment, construction materials, foodstuffs, textiles Imports – partners: Senegal 24.4%, China 13.2%, Cote d'Ivoire 9%, France 7.3% (2017) Debt – external: $4.192 billion (31 December 2017 est.) Economic aid – recipient: $691.5 million (2005) Currency: 1 Communaute Financiere Africaine franc (CFAF) = 100 centimes Exchange rates: Communaute Financiere Africaine francs (CFAF) per US$1 – 647.25 (January 2000), 615.70 (1999), 589.95 (1998), 583.67 (1997), 511.55 (1996), 499.15 (1995)
''note:'' since 1 January 1999, the CFAF is pegged to the euro at a rate of 655.957 CFA francs per euro Fiscal year: calendar year

References

External links

*
Mineral resources of Mali

Mali latest trade data on ITC Trade Map

Mali Market Information
Projet d'Appui au Systéme d'Information Décentralisé du Marché Agricole (PASIDMA).
OBSERVATOIRE DU MARCHE AGRICOLE
Ministry of Agriculture, Government of Mali.
Assemblée Permanente des Chambres d'Agriculture du Mali "APCAM"
Agricultural cooperatives assembly, Bamako Mali.
The Quicker Ticker- Mali
A French language investment site for Mali
West African Agricultural Market Observer/Observatoire du Marché Agricole (RESIMAO)
a project of the West-African Market Information Network (WAMIS-NET), provides live market and commodity prices from fifty seven regional and local public agricultural markets across Benin, Burkina Faso, Ivory Coast, Guinea, Niger, Mali, Senegal, Togo, and Nigeria. Sixty commodities are tracked weekly. The project is run by the Benin Ministry of Agriculture, and a number of European, African, and United Nations agencies. {{World Trade Organization