Economy of Mali

Gross Domestic Product 2012

GDP (purchasing power parity): $17.35 billion (2012 est.)

GDP real growth rate: -4.5% (2012 est.)

GDP per capita (PPP): $1,100 (2012 est.)

GDP composition by sector

Agriculture: 36.9%

Industry: 23.4%

Services: 39.7% (2012 est.)

Inflation: 6.5% (2012 est.)

Currency: CFA (Communaute Financiere Africaine) Franc

Business Languages

The official language of Mali is French. The most widely spoken language is Bamanankan.

Transport

Mali has 18,912 kilometers of road network, of these 3, 597 kilometers are paved. The country has about 1,800 kilometers of inland waterways along the Niger River. Some parts of the Senegal River also are navigable. There is a narrow gauge railway line of 593 kilometers. Mali also has 21 airports of which 8 of them have paved runways.

ma3

 Energy

Only about 10% of Mali’s population has access to electricity. Hydroelectricity represents 70% of the electricity produced in the country. The energetic consumption of Mali is at 80% biomass. Wood is used as the major source of energy by most households.

Challenges in Mali

  • Deforestation
  • Desertification
  • Insecurity
  • Infrastructure underdevelopment

 

About The Author

John Muhaise-Bikalemesa (JMB), is the founder of Muhaise.com blog and bigdrumassociates.com company. Learn more about him here and connect with him on his social medias below

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Contact Us

https://www.facebook.com/fortuneofafrica