|
Advertisements:
EconomyEconomy - overview
Western Sahara has a small market-based economy whose main industries are fishing, phosphate mining, and pastoral nomadism. The territory's arid desert climate makes sedentary agriculture difficult, and Western Sahara imports much of its food. The Moroccan Government administers Western Sahara's economy and is a source of employment, infrastructure development, and social spending in the territory. Western Sahara's unresolved legal status makes the exploitation of its natural resources a contentious issue between Morocco and the Polisario. Morocco and the EU in July 2006 signed a four-year agreement allowing European vessels to fish off the coast of Morocco, including the disputed waters off the coast of Western Sahara. Oil has never been found in Western Sahara in commercially significant quantities, but Morocco and the Polisario have quarreled over who has the right to authorize and benefit from oil exploration in the territory. Western Sahara's main long-term economic challenge is the development of a more diverse set of industries capable of providing greater employment and income to the territory. Gdp (purchasing power parity) World Ranking: 203
$906.5 million (2007 est.)
Gdp (official exchange rate)
$NA
Gdp - real growth rate
NA%
Gdp - per capita (ppp) World Ranking: 181
$2,500 (2007 est.)
Gdp - composition by sector
Agriculture NA%
Industry NA% Services 40% (2007 est.) Labor force World Ranking: 178
144,000 (2010 est.)
Labor force - by occupation
Agriculture 50%
Industry and services 50% (2005 est.) Unemployment rate
NA%
Population below poverty line
NA%
Household income or consumption by percentage share
Lowest 10% NA%
Highest 10% NA% Budget
Revenues $NA
Expenditures $NA Inflation rate (consumer prices)
NA%
Agriculture - products
Fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads); fish Industries
Phosphate mining, handicrafts
Industrial production growth rate
NA%
Electricity - production World Ranking: 194
90 million kWh (2008 est.)
Electricity - consumption World Ranking: 195
83.7 million kWh (2008 est.)
Electricity - exports
0 kWh (2009 est.)
Electricity - imports
0 kWh (2009 est.)
Oil - production World Ranking: 145
0 bbl/day (2010 est.)
Oil - consumption World Ranking: 192
2,000 bbl/day (2010 est.)
Oil - exports World Ranking: 208
0 bbl/day (2009 est.)
Oil - imports World Ranking: 180
1,802 bbl/day (2009 est.)
Oil - proved reserves World Ranking: 207
0 bbl (1 January 2011 est.)
Natural gas - production World Ranking: 143
0 cu m (2009 est.)
Natural gas - consumption World Ranking: 144
0 cu m (2009 est.)
Natural gas - exports World Ranking: 206
0 cu m (2009 est.)
Natural gas - imports World Ranking: 76
0 cu m (2009 est.)
Natural gas - proved reserves World Ranking: 142
0 cu m (1 January 2011 est.)
Exports
$NA
Exports - commodities
Phosphates 62%
Imports
$NA
Imports - commodities
Fuel for fishing fleet, foodstuffs Debt - external
$NA
Exchange rates
Moroccan dirhams (MAD) per US dollar - 8.0899 (2011)8.4172 (2010) 8.0571 (2009) 7.526 (2008) 8.3563 (2007) Fiscal year
Calendar year
Comments
Add a new comment: |
Advertisement
Members area
Western Sahara [ Undetermined ] (El Aaiun):
GPS points from Western Sahara [ Undetermined ] (El Aaiun)
Uad Laauach Guebli Western Sahara (general)
Bajo Arcila Western Sahara (general)
Gleibat Muilid Western Sahara (general)
Udei Greisim Western Sahara (general)
Lufyeich Esgaier Western Sahara (general)
Playa De Tiniguir Western Sahara (general)
Uad Afra Western Sahara (general)
La Aguera Western Sahara (general) |