Economy of Yemen

Imports

Imports commoditiesfood and live animals, machinery and equipment, chemicals

Import partnersChina 15.5%, UAE 14.7%, India 9.6%, Saudi Arabia 6.9%, Kuwait 5.2% (2012)

Exports

Exports commoditiescrude oil, coffee, dried and salted fish, liquefied natural gas

Export partnersChina 37.2%, Thailand 15.7%, South Korea 11.4%, India 10.7%, UAE 5.5% (2012)

Economy sectors

Agriculture productsgrain, fruits, vegetables, pulses, qat, coffee, cotton; dairy products, livestock (sheep, goats, cattle, camels), poultry; fish

Industrial productscrude oil production and petroleum refining; small-scale production of cotton textiles and leather goods; food processing; handicrafts; small aluminum products factory; cement; commercial ship repair; natural gas production

Economy

Unemployment35.0 % (2003)30.0 % (1995)

GDP - Official Exchange Rate43.9 Billion $ (2013)34.9 Billion $ (2012)31.3 Billion $ (2010)

GDP growth rate3.80 % (2013)2.40 % (2012)-10.50 % (2011)

GDP per Capita (PPP)2,500 $ (2013)2,300 $ (2012)2,300 $ (2011)

GDP - Purchasing Power Parity61.6 Billion $ (2013)58.3 Billion $ (2012)58.9 Billion $ (2011)

GDP PPP per land area117 Thousand $ per square kilometer (2013)110 Thousand $ per square kilometer (2012)112 Thousand $ per square kilometer (2011)

Electricity

Electricity - installed generating capacity1.33 Million kW

Banking

Commercial bank prime lending rate22.0 % (2013)23.0 % (2012)25.0 % (2011)

Commercial bank prime lending rate of Yemen

GDP decomposition by sector

Agriculture % of GDP7.70 % (2013)8.70 % (2012)

Industry % of GDP30.9 % (2013)35.7 % (2012)

Services % of GDP61.4 % (2013)55.6 % (2012)

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)47.1 % of GDP (2013)41.8 % of GDP (2012)36.9 % of GDP (2011)

Public debt (Percentage of GDP) of Yemen

Budget surplus (+) or deficit (-)-7.20 % of GDP

Current Account Balance (Total)-3.31 Billion $ (2013)-985.00 Million $ (2012)-1.66 Billion $ (2011)

Current Account Balance (Total) of Yemen

External Debt (Total)7.81 Billion $ (2013)7.42 Billion $ (2012)6.31 Billion $ (2011)

External Debt (Percentage of GDP)17.8 % of GDP (2013)21.3 % of GDP (2012)20.2 % of GDP (2011)

External Debt (Percentage of GDP) of Yemen

External Debt per Capita307 $ (2013)299 $ (2012)262 $ (2011)