Economy of Yemen - Macro-economic Trend

Macro-economic Trend

This is a chart of trend of gross domestic product of Yemen (since reunification) at market prices estimated by the International Monetary Fund with figures in millions of Yemeni Rials.

Year Gross Domestic Product US Dollar Exchange Inflation Index (2000=100)
1990 125,562 11.70 Yemeni Rials 5.10
1995 516,643 40.49 Yemeni Rials 51
2000 1,539,386 161.00 Yemeni Rials 100
2005 2,907,636 191.37 Yemeni Rials 175

For purchasing power parity comparisons, the US Dollar is exchanged at 150.11 Yemeni Rials only. Mean wages were $1.06 per manhour in 2009.

Remittances from Yemenis working abroad and foreign aid paid for perennial trade deficits. Substantial Yemeni communities exist in many countries of the world, including Yemen's immediate neighbors on the Arabian Peninsula, Indonesia, India, East Africa, the United Kingdom, and the United States. Beginning in the mid-1950s, the Soviet Union and People's Republic of China provided large-scale assistance to the YAR. This aid included funding of substantial construction projects, scholarships, and considerable military assistance.

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