4 FAQs about Mali industry and market trends

Does Mali have a good economic outlook?

Despite the many short- and medium-term challenges to growth, trade, and investment in Mali, the country's long-term economic outlook may be more promising thanks to its sizeable natural resource deposits, agricultural potential, and energy opportunities, particularly in the renewables sector.

Does manufacturing drive economic growth in Mali?

In the Manufacturing scenario, Mali's GDP per capita will increase to US$3 249 by 2043, representing an increase of US$190 or 6.2% more than the Current Path. According to economist Nicolas Kaldor's "engine of growth" hypothesis, manufacturing is the driving force behind economic growth.

Why is economic growth so volatile in Mali?

As a result, economic growth is highly volatile, subject to changing weather conditions, fluctuations in international commodity prices and external shocks. Mali's economy faces challenges across various sectors, in spite of the improvements in certain areas.

What is the job market like in Mali?

This demographic requires job creation and vocational training to equip young people with the skills necessary for employment. Also, a significant portion of Mali's workforce is employed in low-skilled jobs, mainly within agriculture and the informal economy.

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