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Africa > Western Sahara > Economy

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SAHRAWI-SAHRAWIAN-SAHRAOUIAN ECONOMY STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Agriculture > products
fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads)
Currency Moroccan dirham Time series
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. Incomes in Western Sahara are substantially below the Moroccan level. The Moroccan Government controls all trade and other economic activities in Western Sahara. Morocco and the EU signed a four-year agreement in July 2006 allowing European vessels to fish off the coast of Morocco, including the disputed waters off the coast of Western Sahara. Moroccan energy interests in 2001 signed contracts to explore for oil off the coast of Western Sahara, which has angered the Polisario. However, in 2006 the Polisario awarded similar exploration licenses in the disputed territory, which would come into force if Morocco and the Polisario resolve their dispute over Western Sahara.
Exchange rates
Moroccan dirhams per US dollar - 8.868 (2004), 9.5744 (2003), 11.0206 (2002), 11.303 (2001), 10.6256 (2000)
Exchange rates > 2003 9.5744 [96th of 213]
Exchange rates > 2005 8.865 [97th of 212]
Exchange rates > Recent years
Moroccan dirhams per US dollar - 8.865 (2005), 8.868 (2004), 9.5744 (2003), 11.0206 (2002), 11.303 (2001)
Exchange rates to USD > 2003 9.5744
Exchange rates to USD > 2005 8.865
Exchange rates to USD > 2006 8.7722
Exports > Commodities phosphates 62% Time series
Exports > Partners
Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts
Exports to US $0.00 [218th of 224]
Fiscal year calendar year Time series
Imports > Commodities
fuel for fishing fleet, foodstuffs
Imports > Partners
Morocco claims and administers Western Sahara, so trade partners are included in overall Moroccan accounts
Imports from US $100,000.00 [211st of 224]
Industries
phosphate mining, handicrafts
Trade balance with US $100,000.00 [99th of 224]
Trade with US > US exports of furniture, household goods, etc 0 [185th of 202]

... View all Economy stats

SOURCES: CIA World Factbook, 28 July 2005; All CIA World Factbooks 18 December 2003 to 18 December 2008; CIA World Factbook, 22 August 2006 ; CIA World Factbook, 14 June, 2007 ; US Census Bureau; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau

ALTERNATIVE NAMES: Western Sahara, sahara

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