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Economy of Western Sahara

From Academic Kids

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% (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 GWh (2001)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)

Electricity - consumption: 83.7 GWh (2001)

Electricity - exports: 0 kWh (2001)

Electricity - imports: 0 kWh (2001)

Oil - production: 0 barrel/day (2001 est.)

Oil - consumption: 1,800 barrel/day (286 m³/d) 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 (2001)

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: 1 Moroccan dirham (DH) = 100 centimes

Exchange rates: Moroccan dirhams (DH) per US$1 - 11.584 (2002), 11.303 (2001), 10.051 (January 2000), 9.804 (1999), 9.604 (1998), 9.527 (1997), 8.716 (1996), 8.540 (1995)

Fiscal year: calendar year

See also : Western Sahara
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