Yemen is one of those countries that gets a low income and has to face long and hard challenges. The challenges make the economy worse and with the recent battles going down it has been getting even worse. The war has actually halted Yemen's exports. Which means that they have limited food and other resources. This can be a very severe problem with them. When conflict started in 2014 Yemen was very dependent on declining oil resources for revenue. This was accounted for about 25% of their GDP and 65% of their government revenue. Yemen's GDP per capita is 1,473.10 USD. With how many problems they have had lately many things have gone bad. They have many problems at the moment, for example, their amount of food and water. They are almost out of water and about 90% of people need help with other problems. At this current moment their GDP per capita is 1,408. This is very low. Also the life expectancy is only 64 years. There is a 17.4 unemployment rate currently. By this data you will learn that Yemen is one of the poorest countries in the world. It isn't the poorest, but it is very poor. This is the economy for Yemen.
www.heritage.org/index/country/yemen country-facts.findthedata.com/l/20/Yemen |