|Home :: Trade Leads By Country : Yemen|
Tourism in Yemen would be fun for the simple reason that the country has a lot to offer and tourists can experience a lot of opportunities be it dancing ,entertainment,shopping or even sight seeing you have it all under one roof where you can take time time out from your hectic schedule and enjoy all this and more.
Business and Economy
Most of us know Arab countries due to their richness and the oil reserves that they posees but inspite of that there are still some countries in this part that are very poor and manage hand to mouth.One such country is Yemen Yemen, one of the poorest countries in the Arab world, reported strong growth in the mid-1990s with the onset of oil production, but has been harmed by periodic declines in oil prices. Yemen has managed due to the loans and aids that it manages to get from countries that are more influential and also the IMF this has again led to the debt that seems to be growing on and on.International donors, meeting in Paris in October 2002, agreed on a further $2.3 billion economic support package.
The major cities of Yemen are cAdan, al-Hudaydah, al-Mukalla, Sanca, Tacizz.
GDP:purchasing power parity - $15.22 billion (2003 est.)
GDP - real growth rate: 3.1% (2003 est.)
GDP - per capita: purchasing power parity - $800 (2003 est.)
GDP - composition by sector: agriculture: 14.6%
services: 43.1% (2001)
Population below poverty line: 15.7% (2001)
Household income or consumption by percentage share:
lowest 10%: 3%
highest 10%: 25.9% (2003)
Distribution of family income - Gini index: 33.4 (1998)
Inflation rate (consumer prices): 12.3% (2003 est.)
Labor force: 3.7 million (2003 est.)
Labor force - by occupation: most people are employed in agriculture and herding; services, construction, industry, and commerce account for less than one-fourth of the labor force
Unemployment rate: 35% (2003 est.)
revenues: $3.78 billion
expenditures: $4.13 billion, including capital expenditures of $NA (2005 est.)
Industries: crude oil production and petroleum refining; small-scale production of cotton textiles and leather goods; food processing; handicrafts; small aluminum products factory; cement