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Yemen
INTRODUCTION
1. Geography
2. Political situation
3. Economy
a. Figures
4. Health
5. Education
a. Universities
6. Demographics
7. Religions
a. Freedom
8. Peoples
9. Languages
10. History
11. Cities and Towns



























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Index / Economy /
Map of YemenFlag of YemenYemen /
Economy



Yemeni 1000 rial

Yemeni 1 rial from 1969
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Key figures
GDP per capita
US$2,500.
World average: -76%.
MENA rank: 20 of 23.
GDP
US$55.4 billion.
MENA rank: 17 of 23.
List of figuresAll other figures
Corruption
2.1 points of 10 max.
World rank: 154 of 180.
MENA rank: 18 of 21.
Investment friendly
World rank: 98 of 181.
MENA rank: 10 of 21.
Economic freedom
56.9 points of 100 max.
World rank: 103 of 179.
MENA rank: 14 of 19.
Value of Currency
1997:
US$1=129 Rials

1998:
US$1=136 Rials

1999:
US$1=156 Rials

2000:
US$1=162 Rials

2001:
US$1=169 Rials

2003:
US$1=177 Rials

Sep. 2008:
US$1=199 Rials

Yemen is by all respects a poor country, and today it is totally dependent on remittances sent from Yemenis working abroad. Yemen has little industry, but there are positive mineral prospects in the south.
Yemen's north has only agriculture as an economic base. The little there is of industry is only producing for a domestic market. Yemen has some mineral industries but few efforts have been put into exploitation, due to heavy needs of investments, and only medium prospects for profits.
Some mountain areas offer quite good conditions for life, thanks to the good conditions for agriculture. Despite the general lack of modern goods (bad roads, few cars, few telephones and TV-sets, etc.), this part of Yemen is well endowed from nature's side, and famine and drought is as good as nonexisting.
Yemen's south (from the city of Aden and up the coast in direction of Oman) is by far poorer than the north, but represents the promising aspects for the future. Many expect that there will be large finds of petroleum and other minerals in the future. These prospects were the main reason for the southern part to want to break free from north in 1994, a disagreemt that lead to the civil war of 1994.




By Tore Kjeilen