Economy of Western Sahara |
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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:
Population below poverty line: NA% Household income or consumption by percentage share:
Inflation rate (consumer prices): NA% Labor force: 12,000 Labor force - by occupation: animal husbandry and subsistence farming 50% Unemployment rate: NA% Budget:
Industries: phosphate mining, handicrafts Industrial production growth rate: NA% Electricity - production: 85 million kWh (1998) Electricity - production by source:
Electricity - consumption: 79 million kWh (1998) Electricity - exports: 0 kWh (1998) Electricity - imports: 0 kWh (1998) 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 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 - 10.051 (January 2000), 9.804 (1999), 9.604 (1998), 9.527 (1997), 8.716 (1996), 8.540 (1995) Fiscal year: calendar year
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