Western Sahara
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Economy - overviewWestern 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.
GDP - real growth rateNA%
GDP - composition by sectoragriculture: NA%
industry: NA%
services: 40%
Population below poverty lineNA%
Household income or consumption
by percentage share
lowest 10%: NA%
highest 10%: NA%
Labor force12,000
Labor force - by occupationagriculture: 50%
industry and services: 50%
Unemployment rateNA%
Budgetrevenues: $NA
expenditures: $NA
Industriesphosphate mining, handicrafts
Industrial production growth rateNA%
Electricity -
production
85 million kWh (2004)
Electricity -
production by source
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)
Electricity -
consumption
79.05 million kWh (2004)
Electricity -
exports
0 kWh (2004)
Electricity -
imports
0 kWh (2004)
Oil - production0 bbl/day (2004 est.)
Oil - consumption1,800 bbl/day (2004 est.)
Oil - exportsNA bbl/day
Oil - importsNA bbl/day
Agriculture - productsfruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads); fish
Exports$NA
Exports - commoditiesphosphates 62%
Exports - partnersMorocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts (2006)
Imports$NA
Imports - commoditiesfuel for fishing fleet, foodstuffs
Imports - partnersMorocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts (2006)
Debt - external$NA
Economic aid - recipient$NA
Currency codeMAD
Exchange ratesMoroccan dirhams per US dollar - 8.7722 (2006), 8.865 (2005), 8.868 (2004), 9.5744 (2003), 11.0206 (2002)
Fiscal yearcalendar year
LAST UPDATED ON 17 JUNE 2007