odities. Mali is heavily
dependent on foreign aid and vulnerable to fluctuations in world
prices for cotton, its main export. In 1997, the government
continued its successful implementation of an IMF-recommended
structural adjustment program that is helping the economy grow,
diversify, and attract foreign investment. Mali's adherence to
economic reform and the 50% devaluation of the African franc in
January 1994 have pushed up economic growth to a sturdy 5% average
in 1996-2000. Growth should remain around 5% in 2001-02, and
inflation should stay less than 2%.

GDP: purchasing power parity - $9.1 billion (2000 est.)

GDP - real growth rate: 4.8% (2000 est.)

GDP - per capita: purchasing power parity - $850 (2000 est.)

GDP - composition by sector: agriculture: 46%

industry: 21%

services: 33% (1998)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%:
1.8%

highest 10%: 40.4% (1994)

Inflation rate (consumer prices): 0.8% (2000 est.)

Labor force: NA

Labor force - by occupation: agriculture and fishing 80% (1998 est.)

Unemployment rate: NA%

Budget: revenues: $730 million

expenditures: $770 million, including capital expenditures of $320
million (1997 est.)

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

Industrial production growth rate: NA

Electricity - production: 445 million kWh (1999)

Electricity - production by source: fossil fuel: 44.94%

hydro: 55.06%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 413.9 million kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

Agriculture - products: cotton, millet, rice, corn, vegetables,
peanuts; cattle, sheep, goats

Exports: $480 million (f.o.b., 2000 est.)

Exports - commodities: cotton 50%, gold, livestock (1999 est.)

Exports - partners: Italy 18%, Thailand 15%, Germany 7%, Portugal 4%
(1999)

Imports: $575 million (f.o.b., 2000 est.)

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

Imports - partners: Cote d'Ivoire 19%, France 19%, Senegal 4%,
Benelux 3% (1999)

Debt - external: $3 billion (1999)

Economic aid - recipient: $596.4 million (1995)

Currency: Communaute Financiere Africaine franc (XOF); note -
responsible authority is the Central Bank of the West African States

Currency code: