UNOMIG, UNWTO, UPU, WCO,
WFTU, WHO, WIPO, WMO, WTO (observer)
Diplomatic representation in the US:
chief of mission: Ambassador Abd al-Wahab Abdallah al-HAJRI
chancery: 2319 Wyoming Avenue NW, Washington, DC 20008
telephone: [1] (202) 965-4760
FAX: [1] (202) 337-2017
Diplomatic representation from the US:
chief of mission: Ambassador Stephen A. SECHE
embassy: Sa'awan Street, Sanaa
mailing address: P. O. Box 22347, Sanaa
telephone: [967] (1) 755-2000 ext. 2153 or 2266
FAX: [967] (1) 303-182
Flag description:
three equal horizontal bands of red (top), white, and black; similar
to the flag of Syria, which has two green stars in the white band,
and of Iraq, which has an Arabic inscription centered in the white
band; also similar to the flag of Egypt, which has a heraldic eagle
centered in the white band
Economy
Yemen
Economy - overview:
Yemen, one of the poorest countries in the Arab world, reported
average annual growth in the range of 3-4% from 2000 through 2007.
Its economic fortunes depend mostly on declining oil resources, but
the country is trying to diversify its earnings. In 2006 Yemen began
an economic reform program designed to bolster non-oil sectors of
the economy and foreign investment. As a result of the program,
international donors pledged about $5 billion for development
projects. In addition, Yemen has made some progress on reforms over
the last year that will likely encourage foreign investment. Oil
revenues probably increased in 2007 as a result of higher prices.
GDP (purchasing power parity):
$56.24 billion (2007 est.)
GDP (official exchange rate):
$21.66 billion (2007 est.)
GDP - real growth rate:
2.8% (2007 est.)
GDP - per capita (PPP):
$2,500 (2007 est.)
GDP - composition by sector:
agriculture: 12.4%
industry: 40.9%
services: 46.7% (2007 est.)
Labor force:
6.305 million (2007 est.)
Labor force - by occupation:
note: 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.)
Population below poverty line:
45.2% (2003)
Household income or consumption by percentage share:
lowest 10%: 3%
highest 10%: 25.9% (2003)
Distribution of family income - Gini index:
33.4 (1998)
Investment (gross fixed):
25% of GDP (2007 est.)
Budget:
revenues: $7.576 billi
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