Source
Central bank

Central Bank of Yemen

International Reserves

n/a

Gross Domestic Product - GDP

USD 26.9 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 84.5 billion (2017, estimate)

Real GDP growth
2014 2015 2016 2017* 2018*
-0.2% -16.7% -13.6% -5.9 -2.7%

*Estimate

GDP per capita - current prices

USD 873.4 (2018, estimate)

GDP per capita - PPP

Intl$ 2,377.2 (2018, estimate)

GDP (PPP) - share of world total

0.05% (2019, estimate)

 
 
Source
GDP - composition by sector
  • agriculture: 4.0% 
  • industry: 28.7% 
  • services: 13.5%

(2018 estimate)

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

N/A

 

Inflation
2015 2016 2017* 2018* 2019*
22.0% 21.3% 30.4% 27.6% 14.7%

*Estimate

Unemployment rate

N/A

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2015 2016 2017* 2018* 2019*
65.6% 79.6% 84.3% 64.8% 56.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017* 2018* 2019*
-10% -9.3% -5.3% -6.3% -6.9%

*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

N/A

Largest companies

N/A

 
 
Source
Current account balance

USD -0.5 billion (2018 estimate)

Current account balance by percentage of GDP

-1.8% (2018 estimate)

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

N/A

Shares in world total merchandising export

0.01% (2018)

Shares in world total commercial services export

0.01% (2018)

Total exports

USD 629.2 million (2016 estimate)

Export commodities

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

Total imports

USD 4.9 billion (2016 estimate)

 
 
Source
Import commodities

Food and live animals, machinery and equipment, chemicals

Exports - major partners

Egypt 29.4%, Thailand 16.7%, Belarus 13.5%, Oman 10.5%, UAE 6.5%, Saudi Arabia 5% (2017)

Imports - major partners

UAE 12.2%, China 12.1%, Turkey 8.7%, Brazil 7.3%, Saudi Arabia 6.5%, Argentina 5.5%, India 4.7% (2017)

FDI inflows
2016 2017 2018
USD -561 million USD -270 million USD -282 million
FDI outflows
2016 2017 2018
USD 0.8 million USD 5.6 million USD 3.6 million
Value of cross-border M&A, by country of purchaser

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: 187 out of 190 countries

Subcategories:

Starting a Business: 156 out of 190 countries

Dealing with Construction Permits: 186 out of 190 countries

Getting Electricity: 187 out of 190 countries

Registering Property: 86 out of 190 countries

Getting Credit: 186 out of 190 countries

Protecting Minority Investors: 162 out of 190 countries

Paying Taxes: 89 out of 190 countries

Trading across Borders: 188 out of 190 countries

Enforcing Contracts: 143 out of 190 countries

Resolving Insolvency: 159 out of 190 countries

Global competitiveness ranking

140 out of 141 countries

(2019)

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)

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 2015 2020*
12.09 million 17.94 million 24.4 million 28.3 million 32.5 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2018
9.1% 17.5% 26.3% 36.6%
Population median age

19.8 years (2018 estimate)

Population growth rate

2.17% (2018 estimate)

Life expectancy

65.2 years (2018 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

52.2% (2014)

Inequality of wealth distribution (Gini index)

36.7 (2014)

Freedom House rating

Political Rights: 7
Civil Liberties: 6 (2019)                         

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

Source
Total telephone subscribers as % of population

Fixed 4.3%   Mobile 55.2% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

26.7% (2017)

Mercer Cost of living index

N/A

CO2 emissions

0.88 (2014)

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