Introduction - Western Sahara: |
Location - Western Sahara: |
People - Western Sahara: |
Government - Western Sahara: |
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. Incomes in Western Sahara are substantially below the Moroccan level. The Moroccan Government controls all trade and other economic activities in Western Sahara. Morocco and the EU signed a four-year agreement in July 2006 allowing European vessels to fish off the coast of Morocco, including the disputed waters off the coast of Western Sahara. Moroccan energy interests in 2001 signed contracts to explore for oil off the coast of Western Sahara, which has angered the Polisario. However, in 2006, the Polisario awarded similar exploration licenses in the disputed territory, which would come into force if Morocco and the Polisario resolve their dispute over Western Sahara. |
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Gdp purchasing power parity | $NA |
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Gdp official exchange rate | $NA |
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Gdp real growth rate | NA% |
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Gdp per capita ppp | $NA |
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Gdp composition by sector | agriculture: NA%
industry: NA%
services: 40% |
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Labor force | 12,000 |
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Labor force by occupation | agriculture: 50%
industry and services: 50% |
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Unemployment rate | NA% |
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Population below poverty line | NA% |
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Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
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Inflation rate consumer prices | NA% |
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Budget | revenues: $NA
expenditures: $NA |
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Agriculture products | fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads); fish |
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Industries | phosphate mining, handicrafts |
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Industrial production growth rate | NA% |
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Electricity production | 85 million kWh (2004) |
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Electricity consumption | 79.05 million kWh (2004) |
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Electricity exports | 0 kWh (2004) |
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Electricity imports | 0 kWh (2004) |
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Oil production | 0 bbl/day (2004 est.) |
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Oil consumption | 1,800 bbl/day (2004 est.) |
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Oil exports | NA bbl/day |
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Oil imports | NA bbl/day |
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Oil proved reserves | 0 bbl |
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Natural gas production | 0 cu m (2004 est.) |
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Natural gas consumption | 0 cu m (2004 est.) |
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Exports | $NA |
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Exports commodities | phosphates 62% |
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Exports partners | Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts (2006) |
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Imports | $NA |
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Imports commodities | fuel for fishing fleet, foodstuffs |
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Imports partners | Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts (2006) |
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Debt external | $NA |
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Economic aid recipient | $NA |
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Currency code | Moroccan dirham (MAD) |
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Exchange rates | Moroccan dirhams per US dollar - 8.7722 (2006), 8.865 (2005), 8.868 (2004), 9.5744 (2003), 11.0206 (2002) |
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Communications - Western Sahara: |
Transportation - Western Sahara: |
Military - Western Sahara: |
This page was last updated on 16 September, 2007