Yemen FlagYemen

God, Nation, Revolution, Unity

 

General


Population: 26,052,966 (2014), 25,408,288 (2013)
Land Area: 527,970 sq km
Natural Resources: Petroleum, fish, rock salt, marble, coal, gold, lead, nickel, copper, fertile soil
Capital: Sanaa
Political System: Republic
State Leader: Abd Rabuh Mansur Hadi (February 25th 2012)
Head of Government: Muhammad Salim Ba Sindwah (November 27th 2011)
Languages: Arabic
Currency: Yemeni Rial (YER)
Major Religions: Muslim, Some Jewish, Christian, Hindu
Major Ethnicities: Arab, Some African-Arab, South Asians, Europeans
Life Expectancy: 64.83 years (2014), 64.47 years (2013)

Economy


GDP Official Exchange Rate: 43.89 billion (2013), 35.64 billion (2012)
GDP Purchasing Power Parity: 61.63 billion (2013), 60.06 billion (2012)
GDP Per Capita (PPP): 2,500 (2013), 2,300 (2012)
GDP Growth Rate: 3.8% (2013), 0.1% (2012)
GDP Structure: Agriculture 7.7%, Industry 30.9%, Services 61.4% (2013)
Labour Force By Occupation: NA
Industries: Crude oil production, petroleum refining, small-scale production of cotton textiles, leather goods, food processing, handicrafts, aluminum, cement, commercial ship repair
Agriculture Products: Grain, fruits, vegetables, pulses, qat, coffee, cotton; dairy products, livestock, poultry; fish
Human Development Index: 0.500 (154th)(2014), 0.458 (160th)(2013)
Tourism Revenue: 139 million (2003)
Unemployment Rate: 35% (2003)

MilitaryYemen Map


Army Size: 66 700 (2004)
Budget: 6.6% of GDP (2006)

Current Situation

 

Yemen is located in the Middle East. Yemen is bordered by Oman and Saudi Arabia. The economy relies mainly on petroleum exports, however predictions are that the supply of petroleum will run out by 2017. It is uncertain what will happen once the petroleum runs out.

(2014) Yemen's economy grew at a steady pace in 2013, however it will be negatively impacted by the drop in the price of oil that occured in late 2014. Also armed insurgencies continue to be a problem in many parts of the country.

Thoughts & Comments

 

Sources

CIA World Factbook: Yemen
Wikipedia: Yemen
http://hdrstats.undp.org/en/countries/profiles/YEM.html

Updated on: January 5th, 2015