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Western Sahara Economy




Western Sahara    Economy Top of Page
Economy - overview: Western Sahara, a territory poor in natural resources and lacking sufficient rainfall, depends on pastoral nomadism, fishing, and phosphate mining as the principal sources of income for the population. Most of the food for the urban population must be imported. All trade and other economic activities are controlled by the Moroccan Government. Incomes and standards of living are substantially below the Moroccan level.
GDP: purchasing power parity - $NA
GDP - real growth rate: NA%
GDP - per capita: purchasing power parity - $NA
GDP - composition by sector: agriculture:  NA%

industry:  NA%

services:  40%-45% (1996 est.)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%:  NA%

highest 10%:  NA%
Inflation rate (consumer prices): NA%
Labor force: 12,000
Labor force - by occupation: animal husbandry and subsistence farming 50%
Unemployment rate: NA%
Budget: revenues:  $NA

expenditures:  $NA, including capital expenditures of $NA
Industries: phosphate mining, handicrafts
Industrial production growth rate: NA%
Electricity - production: 90 million kWh (1999)
Electricity - production by source: fossil fuel:  100%

hydro:  0%

nuclear:  0%

other:  0% (1999)
Electricity - consumption: 83.7 million kWh (1999)
Electricity - exports: 0 kWh (1999)
Electricity - imports: 0 kWh (1999)
Agriculture - products: fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads)
Exports: $NA
Exports - commodities: phosphates 62%
Exports - partners: Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts
Imports: $NA
Imports - commodities: fuel for fishing fleet, foodstuffs
Imports - partners: Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts
Debt - external: $NA
Economic aid - recipient: $NA
Currency: Moroccan dirham (MAD)
Currency code: MAD
Exchange rates: Moroccan dirhams per US dollar - 10.590 (January 2001), 10.626 (2000), 9.804 (1999), 9.604 (1998), 9.527 (1997), 8.716 (1996)
Fiscal year: calendar year

 

Countryfacts Information Courtesy: CIA Worldbook








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