AllRefer.com Reference and Encyclopedia Resource 

AllRefer Channels :: Health | Yellow Pages | | Reference

July 10, 2020  
 Countries
 Flags
 Maps

You are here : AllRefer.com > Reference > World > Countries > Western Sahara > Western Sahara - Economy

Western Sahara: Economy

Economy Western Sahara
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.)
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 (2001)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
83.7 million kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
1,800 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
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 (2000)
Debt - external:
$NA
Economic aid - recipient:
$NA
Currency:
Moroccan dirham (MAD)
Currency code:
MAD
Exchange rates:
Moroccan dirhams per US dollar - 11.584 (2002), 11.303 (2001), 10.626 (2000), 9.804 (1999), 9.604 (1998), 9.527 (1997)
Fiscal year:
calendar year

Also See:

Background & Country Profile
Geography
People
Government
Economy
Communications
Transportation
Military
Transnational Issues & International Disputes
Map
Flag

 

Source: The CIA World Fact Book 2003

Content on this web site is provided for informational purposes only. We accept no responsibility for any loss, injury or inconvenience sustained by any person resulting from information published on this site. We encourage you to verify any critical information with the relevant authorities.

About Us | Contact Us | Terms of Use | Privacy  
Copyright 2013 AllRefer.com All Rights reserved.
Site best viewed in 800 x 600 resolution.