Great Depression II

Western Sahara/

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Economy

Western Sahara has a small market-based economy whose main indutries are fishing, phosphate mining, and pastoral nomadism. The territory’s arid desert climate makes sedentary agriculture difficult, and Wstern Sahara imports much of its food. The Moroccan Government administers Western Sahara’s economy and is a source of employment, infrstructure 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.
$900 million (2007 est.)
country comparison to the world: See information ranked by country 204
$NA
NA%
$2,500 (2007 est.)
country comparison to the world: See information ranked by country 175
agriculture: NA%
industry: NA%
services: 40% (2007 est.)
144,000 (2005 est.)
country comparison to the world: See information ranked by country 178
agriculture: 50%
industry and services: 50% (2005 est.)
NA%
NA%
lowest 10%: NA%
highest 10%: NA%
NA%
fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads); fish
phosphate mining, handicrafts
NA%
90 million kWh (2007 est.)
country comparison to the world: See information ranked by country 192
83.7 million kWh (2007 est.)
country comparison to the world: See information ranked by country 192
0 kWh (2008 est.)
0 kWh (2008 est.)
0 bbl/day (2009 est.)
country comparison to the world: See information ranked by country 121
2,000 bbl/day (2009 est.)
country comparison to the world: See information ranked by country 184
0 bbl/day (2007 est.)
country comparison to the world: See information ranked by country 165
1,702 bbl/day (2007 est.)
country comparison to the world: See information ranked by country 177
0 bbl (1 January 2010 est.)
country comparison to the world: See information ranked by country 106
0 cu m (2008 est.)
country comparison to the world: See information ranked by country 111
0 cu m (2008 est.)
country comparison to the world: See information ranked by country 161
0 cu m (2008 est.)
country comparison to the world: See information ranked by country 98
0 cu m (2008 est.)
country comparison to the world: See information ranked by country 114
0 cu m (1 January 2010 est.)
country comparison to the world: See information ranked by country 119
$NA
phosphates 62%
$NA
fuel for fishing fleet, foodstuffs
$NA
Moroccan dirhams (MAD) per US dollar - 8.3619 (2009), 7.526 (2008), 8.3563 (2007), 8.7722 (2006)


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