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THE GLOBAL FINANCIAL WEEKLYOctober 5–11, 2026Vol. 01 · No. 002

AFRICA · COUNTRY REFERENCE

Western Sahara

UN Non-Self-Governing TerritoryISO EH / ESHMAD

Written and compiled by American Business Capital Group Inc.

Western Sahara on the world mapThe highlighted shape or point locates the selected country or entity. Borders are a geographic reference, not a statement on sovereignty.FijiUnited Republic of TanzaniaWestern SaharaCanadaUnited StatesKazakhstanUzbekistanPapua New GuineaIndonesiaArgentinaChileDemocratic Republic of the CongoSomaliaKenyaSudanChadHaitiDominican RepublicRussian FederationBahamasFalkland IslandsNorwayGreenlandTimor-LesteSouth AfricaLesothoMexicoUruguayBrazilBolivia (Plurinational State of)PeruColombiaPanamaCosta RicaNicaraguaHondurasEl SalvadorGuatemalaBelizeVenezuela (Bolivarian Republic of)GuyanaSurinameFranceEcuadorPuerto RicoJamaicaCubaZimbabweBotswanaNamibiaSenegalMaliMauritaniaBeninNigerNigeriaCameroonTogoGhanaCôte d'IvoireGuineaGuinea-BissauLiberiaSierra LeoneBurkina FasoCentral African RepublicRepublic of the CongoGabonEquatorial GuineaZambiaMalawiMozambiqueEswatiniAngolaBurundiIsraelLebanonMadagascarState of PalestineGambiaTunisiaAlgeriaJordanUnited Arab EmiratesQatarKuwaitIraqOmanVanuatuCambodiaThailandLao People's Democratic RepublicMyanmarViet NamNorth KoreaSouth KoreaMongoliaIndiaBangladeshBhutanNepalPakistanAfghanistanTajikistanKyrgyzstanTurkmenistanIran (Islamic Republic of)Syrian Arab RepublicArmeniaSwedenBelarusUkrainePolandAustriaHungaryRepublic of MoldovaRomaniaLithuaniaLatviaEstoniaGermanyBulgariaGreeceTürkiyeAlbaniaCroatiaSwitzerlandLuxembourgBelgiumNetherlandsPortugalSpainIrelandNew CaledoniaSolomon IslandsNew ZealandAustraliaSri LankaChinaTaiwanItalyDenmarkUnited KingdomIcelandAzerbaijanGeorgiaPhilippinesMalaysiaBrunei DarussalamSloveniaFinlandSlovakiaCzechiaEritreaJapanParaguayYemenSaudi ArabiaCYNCyprusMoroccoEgyptLibyaEthiopiaDjiboutiSomalilandUgandaRwandaBosnia and HerzegovinaNorth MacedoniaSerbiaMontenegroKosovoTrinidad and TobagoSouth SudanÅland IslandsAmerican SamoaAndorraAnguillaAntigua and BarbudaArubaBahrainBarbadosBermudaBonaire, Sint Eustatius and SabaBouvet IslandBritish Indian Ocean TerritoryBritish Virgin IslandsCabo VerdeCayman IslandsChristmas IslandCocos (Keeling) Islands (The)ComorosCook IslandsCuraçaoDominicaFaroe IslandsFrench GuianaFrench PolynesiaFrench Southern TerritoriesGibraltarGrenadaGuadeloupeGuamGuernseyHeard Island and McDonald IslandsHoly SeeHong KongIsle of ManJerseyKiribatiLiechtensteinMacauMaldivesMaltaMarshall IslandsMartiniqueMauritiusMayotteMicronesia (Federated States of)MonacoMontserratNaoeroNiueNorfolk IslandNorthern Mariana IslandsPalauPitcairn IslandsRéunionSaint BarthélemySaint HelenaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSeychellesSingaporeSint MaartenSouth Georgia and the South Sandwich IslandsSvalbard and Jan MayenTokelauTongaTurks and Caicos IslandsTuvaluUnited States Minor Outlying IslandsUS Virgin IslandsWallis and Futuna

Selected country or entityMap: Natural Earth ↗

ANNUAL ECONOMIC SNAPSHOT

Population & economic scale

World Bank · dated observations

The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.

No matching World Bank economy was found for Western Sahara. Figures from another country or a regional aggregate have not been substituted.

Population

Not available

people

No observation in this snapshot

Definition, value & source

Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division

GDP

Not available

current US$

No observation in this snapshot

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP per capita

Not available

current US$ per person

No observation in this snapshot

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.

THE REFERENCE FILE

Western Sahara at a glance

Archive edition 2020

These are historical reference facts from the 2020 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.

Government type

legal status of territory and issue of sovereignty unresolved; territory contested by Morocco and Polisario Front (Popular Front for the Liberation of the Saguia el Hamra and Rio de Oro), which in February 1976 formally proclaimed a government-in-exile of the Sahrawi Arab Democratic Republic (SADR), near Tindouf, Algeria, led by President Mohamed ABDELAZIZ until his death in May 2016; current President Brahim GHALI elected in July 2016; territory partitioned between Morocco and Mauritania in April 1976 when Spain withdrew, with Morocco acquiring northern two-thirds; Mauritania, under pressure from Polisario guerrillas, abandoned all claims to its portion in August 1979; Morocco moved to occupy that sector shortly thereafter and has since asserted administrative control; the Polisario's government-in-exile was seated as an Organization of African Unity (OAU) member in 1984; Morocco between 1980 and 1987 built a fortified sand berm delineating the roughly 75% of Western Sahara west of the barrier that currently is controlled by Morocco; guerrilla activities continued sporadically until a UN-monitored cease-fire was implemented on 6 September 1991 (Security Council Resolution 690) by the United Nations Mission for the Referendum in Western Sahara (MINURSO)

1976, 2016, 1979, 1984, 1980, 1987, 1991 source periods; archive edition 2020Source ↗

Population

652,271 | note:estimate is based on projections by age, sex, fertility, mortality, and migration; fertility and mortality are based on data from neighboring countries

archive edition 2020Source ↗

Area

total: 266,000 sq km | land: 266,000 sq km | water: 0 sq km

archive edition 2020Source ↗

GDP (official exchange rate)

NA

archive edition 2020Source ↗

Inflation rate (consumer prices)

NA

archive edition 2020Source ↗

Unemployment rate

NA

archive edition 2020Source ↗

Labor force

144,000

archive edition 2020Source ↗

Budget

revenues: NA | expenditures: NA

archive edition 2020Source ↗

Exports

NA

archive edition 2020Source ↗

Imports

NA

archive edition 2020Source ↗

Debt - external

NA

archive edition 2020Source ↗

THE HISTORICAL REFERENCE LIBRARY

Explore the country in detail

6 sections · archive 2020

Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.

6 of 6 sections

Location

Northern Africa, bordering the North Atlantic Ocean, between Mauritania and Morocco

archive edition 2020 · Archive source ↗

Economic overview

Western Sahara has a small market-based economy whose main industries are fishing, phosphate mining, tourism, and pastoral nomadism. The territory's arid desert climate makes sedentary agriculture difficult, and much of its food is imported. The Moroccan Government administers Western Sahara's economy and is a key source of employment, infrastructure 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 December 2013 finalized a four-year agreement allowing European vessels to fish off the coast of Morocco, including disputed waters off the coast of Western Sahara. As of April 2018, Moroccan and EU authorities were negotiating an amendment to renew the agreement.Oil has never been found in Western Sahara in commercially significant quantities, but Morocco and the Polisario have quarreled over rights 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. However, following King MOHAMMED VI’s November 2015 visit to Western Sahara, the Government of Morocco announced a series of investments aimed at spurring economic activity in the region, while the General Confederation of Moroccan Enterprises announced a $609 million investment initiative in the region in March 2015.

2013, 2018, 2015 source periods; archive edition 2020 · Archive source ↗

Natural resources

phosphates, iron ore

archive edition 2020 · Archive source ↗

Industries

phosphate mining, handicrafts

archive edition 2020 · Archive source ↗

Exports - commodities

phosphates 62%(2012 est.)

2012 source periods; archive edition 2020 · Archive source ↗

Imports - commodities

fuel for fishing fleet, foodstuffs

archive edition 2020 · Archive source ↗

CURRENCY OBSERVATIONS

Money & exchange rates

Currency explorer →

The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.

MAD

Moroccan Dirham

9.9568

MAD per US$1

Source observation: Oct 6, 2026

Published reference snapshot; its original observation date is preserved.

1 MAD = US$0.1004339

Daily reference historyOct 6, 2026 · 9.9568 MAD
Sep 7, 2026: 9.3662 MAD per US$1Sep 8, 2026: 9.393 MAD per US$1Sep 9, 2026: 9.3713 MAD per US$1Sep 10, 2026: 9.362 MAD per US$1Sep 11, 2026: 9.3828 MAD per US$1Sep 13, 2026: 9.3932 MAD per US$1Sep 14, 2026: 9.4352 MAD per US$1Sep 15, 2026: 9.4771 MAD per US$1Sep 16, 2026: 9.4664 MAD per US$1Sep 17, 2026: 9.483 MAD per US$1Sep 18, 2026: 9.4947 MAD per US$1Sep 19, 2026: 9.4967 MAD per US$1Sep 20, 2026: 9.5071 MAD per US$1Sep 21, 2026: 9.5178 MAD per US$1Sep 22, 2026: 9.5415 MAD per US$1Sep 23, 2026: 9.5812 MAD per US$1Sep 24, 2026: 9.6131 MAD per US$1Sep 25, 2026: 9.6131 MAD per US$1Sep 26, 2026: 9.6116 MAD per US$1Sep 27, 2026: 9.6073 MAD per US$1Sep 28, 2026: 9.6191 MAD per US$1Sep 29, 2026: 9.6592 MAD per US$1Sep 30, 2026: 9.6828 MAD per US$1Oct 1, 2026: 9.7299 MAD per US$1Oct 2, 2026: 9.7954 MAD per US$1Oct 3, 2026: 9.8272 MAD per US$1Oct 4, 2026: 9.8878 MAD per US$1Oct 5, 2026: 9.9298 MAD per US$1Oct 6, 2026: 9.9568 MAD per US$1
Sep 7, 2026Oct 6, 2026

9.362–9.9568 MAD per US$1 across the displayed observations. The vertical scale follows this range.

View dated observations
Observation dateMAD per US$1
Oct 6, 20269.9568
Oct 5, 20269.9298
Oct 4, 20269.8878
Oct 3, 20269.8272
Oct 2, 20269.7954
Oct 1, 20269.7299
Sep 30, 20269.6828
Sep 29, 20269.6592
Sep 28, 20269.6191
Sep 27, 20269.6073
Sep 26, 20269.6116
Sep 25, 20269.6131
Sep 24, 20269.6131
Sep 23, 20269.5812
Sep 22, 20269.5415
Sep 21, 20269.5178
Sep 20, 20269.5071
Sep 19, 20269.4967
Sep 18, 20269.4947
Sep 17, 20269.483
Sep 16, 20269.4664
Sep 15, 20269.4771
Sep 14, 20269.4352
Sep 13, 20269.3932
Sep 11, 20269.3828
Sep 10, 20269.362
Sep 9, 20269.3713
Sep 8, 20269.393
Sep 7, 20269.3662

Daily references are not live execution prices. A check time does not change a source observation date.

CAPITAL MARKETS

Stock exchanges

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No venue from our curated stock exchange directory is listed for this entity.

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Exchange directory coverage is curated and does not establish that an entity has no other trading venues.

CONTINUE YOUR RESEARCH

Official data & country reports

Research directories have their own coverage. A link is not a claim that every entity has an IMF report or a separate national statistical office.

SOURCES & DATES

Where the facts come from.

Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.

Country reference
CIA World Factbook · 2020 archive
Archive retrieved
Oct 6, 2026 · retrieval date, not an observation period
Rate observations
Frankfurter / official reference providers ↗ · each observation is dated separately
  • UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
  • CIA World Factbook text preserved by World Factbook Archive. Archive edition 2020; individual estimates retain their own dates. These are historical reference facts, not current observations.
  • The available archive profile is from 2020. The UN lists Western Sahara as a Non-Self-Governing Territory.

About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.

Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.

Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.