Yemen/

Yemen is a low income country that is highly dependent on declining oil resources for revenue. Petroleum accounts for roughly 25% of GDP and 70% of government revenue. Yemen has tried to counter the effects of its declining oil resources by diversifying its economy through an economic reform program initiated in 2006 that is designed to bolster non-oil sectors of the economy and foreign investment. In October 2009, Yemen exported its first liquefied natural gas as part of this diversification effort. In January 2010, the international community established the Friends of Yemen group that aims to support Yemen’s efforts towards economic and political reform, and in August 2010 the IMF approved a three-year $370 million program to further this effort. Despite these ambitious endeavors, Yemen continues to face difficult long term challenges, including declining water resources and a high population growth rate.

$61.88 billion (2010 est.)

$58.82 billion (2009 est.)

$56.67 billion (2008 est.)

$30.02 billion (2010 est.)

5.2% (2010 est.)

3.8% (2009 est.)

3.2% (2008 est.)

$2,600 (2010 est.)

$2,600 (2009 est.)

$2,600 (2008 est.)

6.832 million (2010 est.)

35% (2003 est.)

45.2% (2003)

37.7 (2005)

33.4 (1998)

19.4% of GDP (2010 est.)

39.1% of GDP (2010 est.)

36.7% of GDP (2009 est.)

12.2% (2010 est.)

5.4% (2009 est.)

NA%

18% (31 December 2009 est.)

18% (31 December 2008 est.)

$3.551 billion (31 December 2010 est)

$3.74 billion (31 December 2009 est)

$9.739 billion (31 December 2010 est.)

$9.552 billion (31 December 2009 est.)

$5.297 billion (31 December 2010 est.)

$5.098 billion (31 December 2009 est.)

$NA

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

crude 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

9% (2010 est.)

5.665 billion kWh (2007 est.)

4.133 billion kWh (2007 est.)

0 kWh (2008 est.)

0 kWh (2008 est.)

288,400 bbl/day (2009 est.)

155,000 bbl/day (2009 est.)

274,400 bbl/day (2007 est.)

65,860 bbl/day (2007 est.)

3.16 billion bbl (1 January 2010 est.)

454,700 cu m (2009 est.)

0 cu m (2008 est.)

454,700 cu m (2009 est.)

0 cu m (2008 est.)

478.5 billion cu m (1 January 2010 est.)

-$2.181 billion (2010 est.)

-$2.328 billion (2009 est.)

$7.462 billion (2010 est.)

$5.812 billion (2009 est.)

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

China 36%, Thailand 17.63%, India 13.54%, South Africa 6.16%, Japan 5.49%, UAE 4.99% (2009)

$8.35 billion (2010 est.)

$7.518 billion (2009 est.)

food and live animals, machinery and equipment, chemicals

China 13.98%, UAE 12.3%, India 8.63%, Saudi Arabia 5.8%, US 4.52%, Brazil 4.51%, Turkey 4.51%, Kuwait 4.33%, France 4.24% (2009)

$5.744 billion (31 December 2010 est.)

$6.993 billion (31 December 2009 est.)

$7.147 billion (31 December 2010 est.)

$6.552 billion (31 December 2009 est.)

$NA

Yemeni rials (YER) per US dollar - 220.05 (2010), 202.85 (2009), 199.76 (2008), 199.14 (2007), 197.18 (2006)