The economy of Mauritania is still largely based on agriculture, slave labour and livestock, even though most of the nomads and many subsistence farmers were forced into the cities by recurring droughts in the 1970s and 1980s.

Oct 17, 2024 · Economic Overview Real GDP growth is estimated to have moderated to 6.5% in 2023 down from 6.8% in 2022, supported by the expansion of services and higher iron ore and fish exports. Inflation continued its downward trend, reaching 2.7% (y/y) in August 2024, compared to 3.7% (y/y) in August 2023.

The economic outlook remains favorable, with real GDP growth projected at 4.2% in 2024 and 5.5% in 2025, underpinned by the expected export receipts from gas production scheduled for late 2024, which is projected to generate approximately $500 …

3 days ago · In the Sahel region of Mauritania, a traditional subsistence economy composed of livestock raising, agriculture, crafts, and petty trading supports most of the population. In the Sahara region, however, a modern export economy is developing, based on the exploitation of iron ore and copper resources and of the rich fishing waters off the ...

Mauritania's real GDP will expand by 6.5% in 2024 and by 7.9% in 2025, on the back of production of iron ore and gold and investment in offshore gas fields that will begin production in mid-2024. Export growth will improve the country's external position, narrowing the large current-account deficit while fiscal reforms and gas revenue also ...

Mauritania Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.

Access Mauritania’s economy facts, statistics, project information, development research from experts and latest news. Latest news and information from the World Bank and its development work in Mauritania.

Mauritania's economy is dominated by extractive industries (oil and mines), fisheries and agriculture. Half the population still depends on farming and raising livestock, even though many nomads and subsistence farmers were forced into the cities by recurrent droughts in the 1970s, 1980s and 2000s.

This web page provides information on official IMF reports and Executive Board documents in English that deal with the Islamic Republic of Mauritania.

Mauritania, [a] formally the Islamic Republic of Mauritania, [b] is a sovereign country in Northwest Africa. ... Mauritania remains poor; its economy is based primarily on agriculture, livestock, and fishing. Mauritania is culturally and politically part of the Arab world; ...