Mauritania FlagMauritania

Honour, Fraternity, Justice

 

General


Population: 3,516,806 (2014), 3,437,610 (2013)
Land Area: 1,030,700 sq km
Natural Resources: Iron ore, gypsum, phosphate, diamonds, gold, oil, fish
Capital: Nouakchott
Political System: Democratic Republic
State Leader: Mohamed Ould Abdel Aziz (August 5th 2009)
Head of Government: Moulaye Ould Mohamed Laghdaf (August 14th 2008)
Languages: Arabic, Pulaar, Soninke, Wolof, French, Hassaniya
Currency: Ouguiya (MRO)
Major Religions: Muslim 100%
Major Ethnicities: Mixed Moor/African 40%, Moor 30%, African 30%
Life Expectancy: 62.28 years (2014), 61.91 years (2013)

Economy


GDP Official Exchange Rate: 4.183 billion (2013), 4.096 billion (2012)
GDP Purchasing Power Parity: 8.204 billion (2013), 7.615 billion (2012)
GDP Per Capita (PPP): 2,200 (2013), 2,100 (2012)
GDP Growth Rate: 6.4% (2013), 5.3% (2012)
GDP Structure: Agriculture 16.9%, Industry 54.6%, Services 28.5% (2013)
Labour Force By Occupation: Agriculture 50%, Industry 10%, Services 40% (2001)
Industries: Fish processing, mining of iron ore and gypsum
Agriculture Products: Dates, millet, sorghum, rice, corn; cattle, sheep
Human Development Index: 0.487 (161st)(2014), 0.467 (155th)(2013)
Tourism Revenue: 28 million (1999)
Unemployment Rate: 30% (2008)

MilitaryMauritania Map


Army Size: 15 870 (2004)
Budget: 5.5% of GDP (2006)

Current Situation

 

Mauritania is located in Northwest Africa. Mauritania is bordered by Algeria, Mali, Morocco and Senegal. Mauritania is a very poor country, a structural adjustment program was put in place by the IMF and the World Bank, but Mauritania was unable to maintain a growth rate between 4-5%. Oil has been recently found off the shore of Mauritania, perhaps this will help drive the economy.

(2013) Oil exploration off Mauritania's coast has been unsuccessful, however the economy continues to enjoy strong growth thanks to the good fortunes of the mining sector.

(2014) Mauritania's economy continues to grow at a steady rate, however the political environment makes it difficult to attract foreign investments.

Thoughts & Comments

 

Sources

CIA World Factbook: Mauritania
Wikipedia: Mauritania
http://hdrstats.undp.org/en/countries/profiles/MRT.html

Updated on: November 1st, 2014