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Half the population still depends on agriculture and livestock for a livelihood, even though many of the nomads and subsistence farmers were forced into the cities by recurrent droughts in the 1970s and 1980s. Mauritania has extensive deposits of iron ore, which account for nearly 40% of total exports. The nation's coastal waters are among the richest fishing areas in the world, but overexploitation by foreigners threatens this key source of revenue. The country's first deepwater port opened near Nouakchott in 1986. Before 2000, drought and economic mismanagement resulted in a buildup of foreign debt. In February...  More..

Economy of Mauritania
SOURCE: CIA - The World Factbook
Currency Ouguiya
Fiscal Year 01 January - 31 December
GDP (PPP) $6.568 billion (2009 est.)
GDP (per capita) $2,100 (2009 est.)
Exports $1.395 billion (2006)
Imports $1.475 billion (2006)
Main Industries Fish Processing, Oil Production, Mining Of Iron Ore, Gold, and Copper; Gypsum Deposits Have Never Been Exploited
Exports - Commodities Iron Ore, Fish and Fish Products, Gold, Copper, Petroleum
Imports - Commodities Machinery and Equipment, Petroleum Products, Capital Goods, Foodstuffs, Consumer Goods
Exports Partners China 41.6%, France 10.4%, Spain 7.1%, Italy 7%, Netherlands 5.4%, Belgium 4.7% (2008)
Imports Partners France 17%, China 8.9%, Netherlands 6.5%, Spain 6.1%, Belgium 5.5%, US 5.1% (2008)

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