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    Western Sahara Index 2007

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    Western Sahara Economy - 2007
    http://www.allcountries.org/wfb2007/western_sahara/western_sahara_economy.html
    SOURCE: 2007 CIA WORLD FACTBOOK

      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 European Union 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.

      GDP (purchasing power parity):
      $NA

      GDP (official exchange rate):
      NA

      GDP - real growth rate:
      NA%

      GDP - per capita (PPP):
      $NA

      GDP - composition by sector:
      agriculture: NA%
      industry: NA%
      services: 40%

      Labor force:
      12,000

      Labor force - by occupation:
      agriculture: 50%
      industry and services: 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

      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:
      85 million kWh (2004)

      Electricity - consumption:
      79.05 million kWh (2004)

      Electricity - exports:
      0 kWh (2004)

      Electricity - imports:
      0 kWh (2004)

      Oil - production:
      0 bbl/day (2004 est.)

      Oil - consumption:
      1,800 bbl/day (2004 est.)

      Oil - exports:
      NA bbl/day (2001)

      Oil - imports:
      NA bbl/day (2001)

      Natural gas - production:
      0 cu m (2004 est.)

      Natural gas - consumption:
      0 cu m (2004 est.)

      Exports:
      $NA

      Exports - commodities:
      phosphates 62%

      Exports - partners:
      Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts (2006)

      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 (2006)

      Debt - external:
      $NA

      Economic aid - recipient:
      $NA

      Currency (code):
      Moroccan dirham (MAD)

      Exchange rates:
      Moroccan dirhams per US dollar - 8.865 (2005), 8.868 (2004), 9.5744 (2003), 11.0206 (2002)

      Fiscal year:
      calendar year


      NOTE: The information regarding Western Sahara on this page is re-published from the 2007 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Western Sahara Economy 2007 information contained here. All suggestions for corrections of any errors about Western Sahara Economy 2007 should be addressed to the CIA.

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    http://www.allcountries.org/wfb2007/western_sahara/western_sahara_economy.html

    Revised 12-Mar-07
    Copyright © 2007 Photius Coutsoukis (all rights reserved)


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