am designed to modernize and streamline
the economy, which has led to substantial foreign debt relief and
restructuring. International donors, meeting in Paris in October
2002, agreed on a further $2.3 billion economic support package.
Yemen has worked to maintain tight control over spending and to
implement additional components of the IMF program. A markedly high
population growth rate and internal political dissension complicate
the government's task. Plans include a diversification of the
economy, encouragement of tourism, and more efficient use of scarce
water resources.
GDP:
purchasing power parity - $15.09 billion (2003 est.)
GDP - real growth rate:
2.8% (2003 est.)
GDP - per capita:
purchasing power parity - $800 (2003 est.)
GDP - composition by sector:
agriculture: 15.2%
industry: 45%
services: 39.7% (2003)
Investment (gross fixed):
29.1% of GDP (2003)
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):
10.8% (2003 est.)
Labor force:
5.79 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.)
Budget:
revenues: $3.729 billion
expenditures: $4.107 billion, including capital expenditures of NA
(2003 est.)
Public debt:
39.5% of GDP (2003)
Agriculture - products:
grain, fruits, vegetables, pulses, qat (mildly narcotic shrub),
coffee, cotton; dairy products, livestock (sheep, goats, cattle,
camels), poultry; fish
Industries:
crude oil production and petroleum refining; small-scale production
of cotton textiles and leather goods; food processing; handicrafts;
small aluminum products factory; cement
Industrial production growth rate:
3% (2003 est.)
Electricity - production:
3.01 billion kWh (2001)
Electricity - consumption:
2.8 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
438,500 bbl/day (2001 est.)
Oil - consumption:
74,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
3.2 billion bb
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