Western SaharaEconomy

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Western Sahara: Economy
Economy - overview: Western Sahara depends on pastoral nomadism, fishing, and phosphate mining as the principal sources of income for the population. The territory lacks sufficient rainfall for sustainable agricultural production, and most of the food for the urban population must be imported. All trade and other economic activities are controlled by the Moroccan Government. Moroccan energy interests in 2001 signed contracts to explore for oil off the coast of Western Sahara, which has angered the Polisario. Incomes and standards of living in Western Sahara 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% (1996 est.) Labor force: 12,000 Labor force - by occupation: animal husbandry and subsistence farming 50% Unemployment rate: NA Population below poverty line: NA Household income or consumption by percentage share: lowest 10%: NA
highest 10%: NA Inflation rate (consumer prices): NA Budget: revenues: NA
expenditures: NA, including capital expenditures of NA Agriculture - products: fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads) Industries: phosphate mining, handicrafts Industrial production growth rate: NA Electricity - production: 90 million kWh (2002) Electricity - production by source: fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001) Electricity - consumption: 83.7 million kWh (2002) Electricity - exports: 0 kWh (2002) Electricity - imports: 0 kWh (2002) Oil - production: 0 bbl/day (2001 est.) Oil - consumption: 1,800 bbl/day (2001 est.) Oil - exports: NA Oil - imports: NA 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 (code): Moroccan dirham (MAD) Currency code: MAD Exchange rates: Moroccan dirhams per US dollar - 8.868 (2004), 9.5744 (2003), 11.0206 (2002), 11.303 (2001), 10.6256 (2000) Fiscal year: calendar year More about Western Sahara: Introduction Geography People Government Communications Transportation Transnational Issues

The World Factbook 2005, by the Central Intelligence Agency (CIA)

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