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Western Sahara Economy 1996

Overview:

Western Sahara, a territory poor in natural resources and having little 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.

National product:

GDP $NA

National product real growth rate:

NA%

National product per capita:

$NA

Inflation rate (consumer prices):

NA%

Unemployment rate:

NA%

Budget:

revenues:

$NA

expenditures:

$NA, including capital expenditures of $NA

Exports:

$8 million (f.o.b., 1982 est.)

commodities:

phosphates 62%

partners:

Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts

Imports:

$30 million (c.i.f., 1982 est.)

commodities:

fuel for fishing fleet, foodstuffs

partners:

Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts

External debt:

$NA

Industrial production:

growth rate NA%

Electricity:

capacity:

60,000 kW

production:

79 million kWh

consumption per capita:

339 kWh (1993)

Industries:

phosphate mining, handicrafts

Agriculture:

limited largely to subsistence agriculture and fishing; some barley is grown in nondrought years; fruit and vegetables are grown in the few oases; food imports are essential; camels, sheep, and goats are kept by the nomadic natives; cash economy exists largely for the garrison forces

Economic aid:

$NA

Currency:

1 Moroccan dirham (DH) = 100 centimes

Exchange rates:

Moroccan dirhams (DH) per US$1 - 8.892 (January 1995), 9.203 (1994), 9.299 (1993), 8.538 (1992), 8.707 (1991), 8.242 (1990)

Fiscal year:

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