United States. Central Intelligence Agency

“ Mauritania has extensive deposits of iron ore, which account for nearly 40% of total exports. The decline in world demand for this ore, however, has led to cutbacks in production. 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. In the past, drought and economic mismanagement resulted in a buildup of foreign debt. ”

“ In 2001, exploratory oil wells in tracts 80 km offshore indicated potential extraction at current world oil prices. A new investment code approved in December 2001 improved the opportunities for direct foreign investment. Ongoing negotiations with the IMF involve problems of economic reforms and fiscal discipline. Substantial oil production and exports probably will not begin until 2005. Meantime the government emphasizes reduction of poverty, improvement of health and education, and promoting privatization of the economy. GDP: purchasing power parity - $5.195 billion (2003 est.) ”

“ Kediet Ijill 915 m Natural resources: iron ore, gypsum, copper, phosphate, diamonds, gold, oil, fish Land use: arable land: 0.48%
permanent crops: 0.01%
other: 99.51% (2001) Irrigated land: 490 sq km (1998 est.) Natural hazards: hot, dry, dust/sand-laden sirocco wind blows primarily in March and April; periodic droughts Environment - current issues: overgrazing, deforestation, and soil erosion aggravated by drought are contributing to desertification; very limited natural fresh water resources away from the Senegal, which is the only perennial river ”