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 (official exchange rate):
NA
GDP - real growth rate:
NA%
GDP - per capita (PPP):
$NA
GDP - composition by sector: agriculture: NA% industry: NA% services: 40%
Labor force: 12,000
Labor force - by occupation: agriculture: 50% industry and services: 50%
Unemployment rate:
NA%
Population below poverty line:
NA%