Western Sahara is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developing nation, Western Sahara may not be able to offer consistent social services to its citizens. These social services may include things like public education, reliable healthcare, and law enforcement. Citizens of developing nations may have lower life expectancies than citizens of developed nations. Each year, Western Sahara exports around $0.67 billion and imports roughly $5.47 billion. 6.8% of population in the country are unemployed. The total number of unemployed people in Western Sahara is 38,585. The Gini Index of the country is 44.82. Western Sahara is experiencing poor equality. The gap between the richest and poorest citizens in this country is quite noticeable.
The currency of Western Sahara is Sahrawi peseta. The plural form of the word Sahrawi peseta is pesetas. The symbol used for this currency is د.م., and it is abbreviated as MAD. The Sahrawi peseta is divided into Centime; there are 100 in one peseta. In Western Sahara, several other currencies are used in addition to the main currency - Sahrawi peseta. These currencies include Algerian dinar, Mauritanian ouguiya, Moroccan dirham.
Credit rating is the extent to which international investors trust a country in paying debts and upholding the country's obligations in terms of crediting. There is no information on the credit rating of Western Sahara.
Western Sahara has a government debt of 70% of the country's Gross Domestic Product (GDP), as assessed in 2013.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Western Sahara is $0.906 billion. The Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) per capita in Western Sahara was last recorded at $0 million. PPP in Western Sahara is considered to be below average when compared to other countries. Below average PPP indicates that citizens in this country find it difficult to purchase local goods. Local goods can include food, shelter, clothing, health care, personal care, essential furnishings, transportation and communication, laundry, and various types of insurance. Countries with below average PPP are dangerous locations for investments. The total Gross Domestic Product (GDP) in Western Sahara is 1 billion. Based on this statistic, Western Sahara is considered to have a small economy. Countries with small economies generally support less industries and opportunities for investment. However, worthwhile investment opportunities may be found. The Gross Domestic Product (GDP) per capita in Western Sahara was last recorded at $0 million. The average citizen in Western Sahara has very low wealth. Countries with very low wealth per capita often have lower life expectancies and dramatically lower quality of living among citizens. It can be very difficult to find highly skilled workers in countries with very low wealth, as it is difficult for citizens to obtain the requisite education needed for specialized industries. However, labor can be found for very low rates when compared with countries with higher wealth per capita.