Mauritania

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Mauritania's economy is dominated by natural resources and agriculture. 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. Recently, GDP growth has been driven by foreign investment in the mining and oil sectors. Mauritania's extensive mineral resources include iron ore, gold, copper, gypsum, and phosphate rock, and exploration is ongoing for uranium, crude oil, and natural gas. Extractive commodities make up about three-quarters of Mauritania's total exports, subjecting the economy to price swings in world commodity markets. Mining is also a growing source of government revenue, rising from 13% to 29% of total revenue between 2006 and 2013. China was Mauritania’s main export and import partner 2013. The nation's coastal waters are among the richest fishing areas in the world, and fishing accounts for about 25% of budget revenues, but overexploitation by foreigners threatens this key source of revenue. Risks to Mauritania's economy include its recurring droughts, dependence on foreign aid and investment, and insecurity in neighboring Mali, as well as significant shortages of infrastructure, institutional capacity, and human capital. Mauritania has sought additional IMF support by focusing efforts on poverty reduction. Investment in agriculture and infrastructure are the largest components of the country’s public expenditures.

$15.53 billion (2014 est.)
$14.59 billion (2013 est.)
$13.81 billion (2012 est.)
note: data are in 2014 US dollars
country comparison to the world: 155
$5.079 billion (2014 est.)
6.4% (2014 est.)
5.7% (2013 est.)
6% (2012 est.)
country comparison to the world: 21
$4,300 (2014 est.)
$4,000 (2013 est.)
$3,800 (2012 est.)
note: data are in 2013 US dollars
country comparison to the world: 182
household consumption: 50.9%
government consumption:29.5%
investment in fixed capital: 60.6%
investment in inventories: 5.2%
exports of goods and services: 35.2%
imports of goods and services: -81.4%
(2014 est.)
agriculture: 17.1%
industry: 48.7%
services: 34.2% (2014 est.)
45.6% of GDP (2014 est.)
country comparison to the world: 23
-1.1% of GDP (2014 est.)

country comparison to the world: 190
$2.573 billion (2014 est.)
$2.738 billion (2013 est.)
country comparison to the world: 136
$3.489 billion (2014 est.)
$3.413 billion (2013 est.)
country comparison to the world: 143
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