Source
Central bank

Central Bank of Yemen

International Reserves

USD 5.3 billion (2013)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 37.3 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 84.5 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009* 2010* 2011* 2012*
3.2% 3.3% 3.7% 3.9% 7.7% -12.7% 2.4%
2013* 2014* 2015* 2016* 2017*    
4.8% -0.2% -28.1% -4.2% 12.6%    

*Estimate

GDP per capita - current prices

USD 1,244.5 (2017, estimate)

GDP per capita - PPP

Intl$ 2,818.5 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
N/A 0.10% 0.11% 0.12% 0.07%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 23.6% 
  • industry: 8.9% 
  • services: 67.5%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013* 2014* 2015* 2016* 2017*
11.0% 8.2% 39.4% 5.0% 18.0%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014* 2015* 2016* 2017*
48.2% 48.7% 66.7% 82.4% 67.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014* 2015* 2016* 2017*
-6.9% -4.1% -10.6% -11.3% -5.5%

*Estimate  

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -1.1 billion (2017 estimate)

Current account balance by percentage of GDP

-2.8% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

10.2% (2015)

 

Shares in world total merchandising export

0.006% (2015)

Shares in world total commercial services export

0.03% (2014)

Total exports

USD 124.3 million (2016 estimate)

Export commodities

Crude oil, coffee, dried and salted fish, liquefied natural gas

Total imports

USD 3.6 billion (2016 estimate)

 
 
Source
Import commodities

Food and live animals, machinery and equipment, chemicals

Exports - major partners

China 24.5%, UAE 16.5%, South Korea 10%, Saudi Arabia 10%, Kuwait 9.1%, India 8.5% (2015)

Imports - major partners

UAE 20.9%, China 14.3%, Saudi Arabia 9.9%, Kuwait 7.4%, India 4.6% (2015)

FDI inflows
2013 2014 2015
USD -134 million USD -1,787 million USD -1,191 million
FDI outflows
2013 2014 2015
USD 4.8 million USD 11.6 million USD 8.3 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 179 out of 190 countries (2017)

Subcategories:

Starting a business: 161 out of 190 countries

Enforcing Contracts: 142 out of 190 countries

Registering Property: 83 out of 190 countries

Getting Credit: 185 out of 190 countries

Protecting Minority Investors: 132 out of 190 countries

Trading Across Borders: 189 out of 190 countries

Paying Taxes: 92 out of 190 countries

Dealing with Construction Permits: 94 out of 190 countries

Getting Electricity: 188 out of 190 countries

Resolving Insolvency: 152 out of 190 countries

Global competitiveness ranking

138 out of 138 countries

(2016-2017)

Index of Economic Freedom

N/A

 
 
Source
Time zone

UTC+3

Total area

527,968 sq km

Capital

Sanaa

Currency

Yemeni rials (YER)

Government type

in transition

Languages

Arabic (official)

Note: a distinct Socotri language is widely used on Socotra Island and Archipelago; Mahri is still fairly widely spoken in eastern Yemen

Religions

Muslim 99.1% (official; virtually all are citizens, an estimated 65% are Sunni and 35% are Shia), other 0.9% (includes Jewish, Baha'i, Hindu, and Christian; many are refugees or temporary foreign residents) (2010 est.)

Total population
1990 2000 2010* 2016* 2021*
12.086 million 17.937 million 24.398 million 29.132 million 33.283 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
9% 17% 26% 35%
Population median age

19.2 years (2016 estimate)

Population growth rate

2.37% (2016 estimate)

Life expectancy

65.5 years (2016 estimate)

Literacy

Total population: 70.1%
Male: 85.1%
Female: 55% (2015 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 7
Civil Liberties: 6 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 4.68%   Mobile 67.98% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

25.1% (2015)

Mercer Cost of living index

N/A

CO2 emissions

1.0 (2013)

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