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Yemen

Yemen news and analysis, tenders, contracts awarded, commentary and economic data

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Profile

Yemen_map_527x286px Yemen+flag President_Abdrabbu_Mansour_Hadi
Yemen
Leader
President Abdrabbu Mansour al-Hadi

Yemen country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010f 2011f 2012f 2013f 2014f
Nominal GDP ($bn) 26.9* 25.1 31.0 33.1 35.1 39.2 43.2
GDP per capita ($) 1,171* 1,061 1,272 1,318 1.354 1.469 1,572
Real GDP growth (annual change, %) 3.6* 3.9 7.7 -12.7 2.4 4.4 5.1
Government revenue (% of GDP) 36.7 25.0* 26.0 25.0 30.2 24.6 25.1
Government total expenditure (% of GDP) 41.2 35.2* 30.1* 29.5 36.6 31.7 31.8
Total government debt (gross, % of GDP) 36.4 49.9* 42.2 45.2 48.0 49.9 51.4
Current account balance (% of GDP) -4.7* -10.1 -3.4 -4.0 -1.3 -2.7 -1.5
Value of oil imports 3.6 2.0 2.1 2.9 3.2 3.1 3.2
Value of oil exports 7.7 4.4 6.3 7.9 5.1 5.6 5.8
Inflation (%) 19.0 3.7* 11.2 19.5 9.9 11.1 10.4
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

Top projects

Rank

Rank Project Name Sector Budget ($m)
1 Aden Refinery Upgrade Oil 3,000
2 Yemen Railway Line Transport 1,290
3 Sana International Airport Expansion Transport 500
3 Ammonia & Urea Plant Chemical 500
3 Shabwa Power Plant Power 500
3 Hudaydah Gas Power Plant Power 500
3 Dhamar Gas Power Plant Power 500
3 Marib Power Plant Phase 2 Power 500
9 North South Highway: Section 1 Transport 320
10 Ras Issa Oil Terminal Oil 270
Click through to the full data table on Yemen's biggest projects and their status
Click through to MEED's Q1 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: April 2014; All projects are in execution

Tenders & project awards

Yemen: Switchgear (8) Subscription

19 August 2014 | By

Supply of switchgear

Yemen: Distribution transformers (7) Subscription

19 August 2014 | By

Supply of distribution transformers

Yemen: Underground power cables (6) Subscription

19 August 2014 | By

Supply of 33kV underground power cables

Yemen: Overhead lines (5) Subscription

19 August 2014 | By

Supply of overhead power lines

Yemen: Substation (4) Subscription

19 August 2014 | By

Supply of an 11/33kV substation

Yemen: Substation (3) Subscription

19 August 2014 | By

Supply of an 11/33kV substation

Yemen: Substation (2) Subscription

19 August 2014 | By

Supply of an 11/33kV substation

Yemen: Substation (1) Subscription

19 August 2014 | By

Supply of an 11/33kV substation

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News & analysis

Yemen

Yemen and Kuwait discuss oil and gas cooperation Subscription

19 August 2014 | By

Yemeni officials hope for Kuwaiti investment to help revive flagging oil production

Yemen bomb blast

US tells Americans in Yemen to leave country Subscription

22 July 2014 | By

State Department warns of possible attacks on businesses and perceived Western interests

Yemen crude production

Unrest in Yemen to weigh on oil production Subscription

21 July 2014 | By

Increasing violence and shifting territories may force oil companies to cut investment

Yemen security

Yemen oil pipeline bombed Subscription

14 July 2014 | By

Exports disrupted as violence escalates

Oil offshore

Oil exporters put the brakes on spending Subscription

12 June 2014 | By Dominc Dudley

Oil exporters are starting to trim spending to keep budgets more in line with oil prices

World Bank gives Yemen $133.5m grant for road project Subscription

3 June 2014 | By

Grant will fund work on first part of 710km highway scheme

Middle East contract awards May 2014

Middle East contracts awarded: May 2014 Subscription

2 June 2014

Over $8bn of contracts awarded in May in the Middle East

Yemen raises private-sector fuel price Subscription

29 May 2014 | By Peter Salisbury

Doubling of diesel price to YR4,000 seen as a first step towards easing fuel crisis and eradicating costly fuel subsidies

Otis Energy cancels plans for Yemen upstream investment Subscription

26 May 2014 | By

Australian exploration company Otis Energy was in talks to aquire share in Block 7 from Japan’s Mitsui E&P

Regional growth must be higher to tackle unemployment - IMF Subscription

20 May 2014 | By

IMF calls for Arab governments to be open and transparent about subsidy reform

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Special reports

Yemen

Yemen: Houthi gains shift the balance of power

28 July 2014

New competition has come from an unexpected quarter

Companies

Raysut Cement Company logo

Raysut Cement Company Subscription

Raysut is keen to expand production capacity

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People

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