Western Sahara Economy - 2005

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. All trade and other economic activities are controlled by the Moroccan Government. Moroccan energy interests in 2001 signed contracts to explore for oil off the coast of Western Sahara, which has angered the Polisario. Incomes and standards of living in Western Sahara 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.)

Labor force:
12,000

Labor force - by occupation:
animal husbandry and subsistence farming 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, including capital expenditures of NA

Agriculture - products:
fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads)

Industries:
phosphate mining, handicrafts

Industrial production growth rate:
NA

Electricity - production:
90 million kWh (2002)

Electricity - consumption:
83.7 million kWh (2002)

Electricity - exports:
0 kWh (2002)

Electricity - imports:
0 kWh (2002)

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

Oil - consumption:
1,800 bbl/day (2001 est.)

Oil - exports:
NA

Oil - imports:
NA

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 (code):
Moroccan dirham (MAD)

Exchange rates:
Moroccan dirhams per US dollar - 8.868 (2004), 9.5744 (2003), 11.0206 (2002), 11.303 (2001), 10.6256 (2000)